Vodafone Idea (Vi) announced on June 28 the launch of new prepaid and postpaid plans effective from July 4, becoming the third telecom operator to raise tariffs following Reliance Jio and Bharti…
CDSL Shares Surge Over 10% in Early Trading: Here’s Why
Shares of Central Depository Services Limited (CDSL) rose over 10% in early trading on Friday after the company announced its board would meet on July 2 to discuss issuing bonus shares to…
RBI Financial Sector Report: Key highlights
The Reserve Bank on June 27 released the 29th issue of the Financial Stability Report (FSR), which reflects the collective assessment of the Sub-Committee of the Financial Stability and Development Council (FSDC)…
Big deal! UltraTech buys 23% stake in India Cements
Aditya Birla group firm UltraTech Cement said on 27 June that the company’s board has approved the acquisition of a 23 percent equity stake in India Cements. UltraTech would buy 7.06 crore…
IndiGo Flyers Can Now Book Tickets on WhatsApp: Here’s How
IndiGo has introduced 6Eskai, an AI-enabled chatbot on WhatsApp, allowing passengers to book flight tickets directly through the messaging app. Developed in partnership with Google’s Riafy Technologies, this feature serves as a…
Citi Appoints Jeegar Shah as Chief Financial Officer for India
Jeegar to Provide Financial Leadership and Support Citi’s Growth Strategy in India Citi on june 25 announced the appointment of Jeegar Shah as Chief Financial Officer (CFO) for its India franchise, effective…
RBI places a director in Bandhan Bank
The Reserve Bank of India (RBI) has appointed an additional director on the Board of the Kolkata-based lender. The RBI appointed Arun Kumar Singh, Chief General Manager (retired), of Reserve Bank of…
Indian MFIs Must Act Now to Prevent Another Crisis
For microlenders in India, it’s time to pause and reflect. There are troubling signs that the issues which nearly collapsed the industry during the 2010-2012 Andhra Pradesh crisis are re-emerging. In states…
RBI grants Payment Aggregator license to SabPaisa
SabPaisa (SRS Live Technologies Private Limited), a leading payment solutions provider, on June 21 said it has received final approval from the Reserve Bank of India (RBI) to function as a Payment…
Tata communications gets $ 250 mn loan from ANZ-led consortium
Tata Communications has secured a five-year $ 250 million sustainability-linked loan (SLL) from DBS Bank, ANZ and Export Development Canada (EDC), a press release said on June 20. ANZ acted as the…