SIP inflows rise at listed fund houses: What it means
Key takeaways Several listed fund houses reported stronger monthly investment collections. A SIP lets an investor put a fixed sum…
From the newsroom
Zepto IPO Valuation: ₹2,298 Crore Anchor Book Plan
Key takeaways Zepto reportedly plans a ₹2,298 crore anchor book before its public share sale. The company is said to…
Fish Audio Funding: $50M Seed for AI Voice Models
Key takeaways Fish Audio has raised $50 million in a seed round, according to TechCrunch. The startup builds AI voice…
India targets 5% global toy market share by 2032
India has set an ambitious target of capturing 5% of the global toy market by 2032, aiming to transform itself…
RBI Orders Winding Up of Paytm Payments Bank, Appoints Former SBI Executive as Liquidator
The Reserve Bank of India (RBI) has initiated the winding-up process for Paytm Payments Bank Ltd. (PPBL) by appointing a…
upGrad-Unacademy acquisition nears ₹1,955 crore close
Key takeaways upGrad may complete its purchase of Unacademy within about three weeks. The reported deal value is ₹1,955 crore,…
Pine Labs Q1 Profit Jumps Fourfold to ₹20 Crore
Key takeaways Pine Labs reported a net profit of ₹20 crore in its latest first quarter. That was about four…
Vodafone Idea Net Additions Extend to Fifth Straight Month
Key takeaways Vi added about 20,720 mobile users in June, its fifth monthly gain in a row. The rise is…
Indian Army Drone Purchase May Reach ₹16,000 Crore
Key takeaways A report says the Army may seek drones and related systems worth about ₹16,000 crore. The reported buying…
ICICI Prudential Shadowfax Stake Rises to 8.56%
Key takeaways ICICI Prudential Mutual Fund bought 89 lakh Shadowfax shares. Its holding has risen to 8.56%, according to the…