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Bernstein Bullish On Paytm, Hikes Target Price To INR 1,200

India, Aug. 26 -- Brokerage firm Bernstein has raised its target price for Paytm's parent entity One97 Communications to INR 1,200 from INR 1,100, while maintaining an 'outperform' rating and describi... Read More


Uber CEO Sees Rapido 'A Bigger Rival' Than Ola In India

India, Aug. 25 -- Uber CEO Dara Khosrowshahi said that ride hailing platform Rapido has emerged as its toughest competitor in India, overtaking Ola in category position. Speaking on Nikhil Kamath's p... Read More


Uber CEO Says Rapido Has Overtaken Ola As Its Top Rival In India

India, Aug. 25 -- Uber CEO Dara Khosrowshahi said that ride hailing platform Rapido has emerged as its toughest competitor in India, overtaking Ola in category position. Speaking on Nikhil Kamath's p... Read More


Flipkart Launches 'Black' Membership Plan To Drive Revenue Growth

India, Aug. 25 -- Ecommerce major Flipkart has rolled out Flipkart Black, a paid subscription programme designed to rival Amazon Prime. The plan includes a free one-year YouTube premium subscription, ... Read More


WizCommerce Bags $8 Mn To Streamline B2B Sales With AI

India, Aug. 25 -- AI-led B2B ecommerce platform WizCommerce has raised $8 Mn (around INR 70 Cr) in a Series A funding round led by Peak XV Partners. The round also saw participation from Blume Ventur... Read More


Govt Commits 97% Of Chip Manufacturing Fund: Report

India, Aug. 23 -- The government has reportedly committed around INR 62,900 Cr, nearly 97% of the INR 65,000 Cr, earmarked for semiconductor manufacturing incentives. A PTI report, citing Electronics... Read More


Macquarie Asset Management Bags $405 Mn For Indian EV Platform Vertelo

India, Aug. 22 -- Macquarie Asset Management has raised $405 Mn (around INR 3,542 Cr) for Vertelo, its fleet electrification platform targeting India's rapidly expanding electric vehicle market. The ... Read More


Kissht DRHP: A Look At The Shareholding Pattern & Top Leaders

India, Aug. 21 -- OnEMI Technology Solutions Limited, which operates digital lending platform Kissht, has filed its draft red herring prospectus (DRHP) with the markets regulator SEBI to raise up to I... Read More


Gaming Apps Used In Money Laundering, Terror Funding: Ashwini Vaishnaw

India, Aug. 20 -- Explaining the rationale behind the Centre's move to table a Bill that proposes to ban real-money gaming, Union IT minister Ashwini Vaishnaw has reportedly said that such platforms h... Read More


Nazara Shares Plunge 7% After Online Gaming Bill Gets Cabinet Nod

India, Aug. 20 -- Shares of gaming major Nazara nosedived more than 7% to touch INR 1,300 during the intraday trading session on the BSE today. The drop in the stock's price came after the Union Cabi... Read More