Angel Broking onboards 4.5 lakh customers in August
In the first five months of financial year 2021-22, the fintech platform has added over 20 lakh customers, compared to 24 lakh…
Business Today
Exide Life’s handsome exit and HDFC Life’s smart move
Given how HDFC Life has grown, there is little to suggest that Exide’s holding in it will not improve substantially. Much as…
India’s largest power utility NTPC to work with Coal India, Railways to solve fuel crisis
A week ago, the government had estimated coal-fired plants with a combined capacity of 89,307 mega-watts (MW) were facing a crisis…
Foreign investors press pause in equity segment
Foreign investors have put in a paltry $134 million in August till date; the first three months of 2021 saw net inflows of $7.6…
Central banks spending $834 mn an hour for 18 months to save global economy
With central banks absorbing so much of the bond market to force down the borrowing costs, currently, there is more than $16…
China’s Evergrande in talks with Xiaomi consortium to sell EV unit stake
Evergrande said in a statement on Friday that its unit, Evergrande NEV, had held preliminary talks with Xiaomi regarding it coming…
Paytm to help employees exercise ESOPs ahead of IPO
The payments company might facilitate a loan size of Rs 100 crore. It is likely to help around 300-500 employees who have vested…
Over 50 lakh new investors registered since April 2021: NSE chief
The NSE, which has been at the forefront of supporting the small organisations and retail investors, has witnessed over 50 lakh…
Fintech firm Chime valued at $25 bn post $750 mn funding
Chime’s latest fundraise is likely to be a precursor to its stock market listing in the United States early next year
FM Sitharaman urges industry to bring chip manufacturing to India
FM Sitharaman noted that the industry needs to focus on the AatmaNirbhar Bharat scheme for its energy needs