Brief
Reliance Makes Another Move To Dominate the Indian OTT Landscape
Dazeinfo -
Reliance Industries Limited, led by the ambitious Mukesh Ambani, is leaving no stone unturned to dominate India's entertainment space, encompassing both Over-the-Top (OTT) and Television distribution domains. In the latest development, Reliance is reportedly in discussions to acquire Disney's...
Brief
OYO IPO Plan in Doldrums: Is it Valuation Blues or Something More?
Dazeinfo -
OYO, India's hospitality startup that once aimed for a grand public debut, is reportedly finalizing plans to withdraw its IPO application filed with SEBI (Securities and Exchange Board of India). This unexpected detour throws their public listing aspirations into...
Brief
The Role of AI in Redefining Mobile Banking Experiences
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Have you ever wondered how your mobile banking app seems to understand your financial needs almost as well as you do?
In a world where technology and finance converge, Artificial Intelligence (AI) has emerged as the wizard behind the curtain,...
Brief
Paytm Shares May Plunge to Rs 275 As Brokerage Firms Forecast Bleak Future
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Paytm, once anticipated to be India's most successful IPO in corporate history, is currently grappling with a substantial downturn in its market performance. Today, on February 13, 2024, the fintech company's stock declined 10%, reaching a historic low of...
Brief
Most Valued Indian Companies 2023: Policy Bazaar and Zomato Take the Crown as Fastest-Growing Listed Unicorns
Dazeinfo -
The Indian corporate sector has undergone a dynamic transformation in recent years, with established industry leaders maintaining their dominance while innovative newcomers leave their mark. The latest Burgundy Private Hurun India 500 list presents an interesting data-driven perspective on...
Brief
Mounting Challenges for Paytm: RBI Maintains Grip, “No Room for Review” on Banking Curbs
Dazeinfo -
Challenges continue to mount for Paytm, India's fintech giant, with no immediate relief in sight. Despite the company's attempts to appease the Reserve Bank of India (RBI), Governor Shaktikanta Das has declared "hardly any room for review" regarding the...
Brief
Paytm Stock Crashes to All-Time Low Since Listing: Analysts Predict Long-Term Pain
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Following the RBI's ban on Paytm Payments Bank's services, the share of One 97 Communications fell another 10% on Monday, February 5, 2024, settling at an all-time low at Rs 438.5 since listing. The regulatory challenges intensified with allegations...
Brief
Meta Reports A Record-High Advertising Revenue in 2023: Reality Labs Losses Exceed $16 Billion
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Meta Platforms, Inc. (Nasdaq: META) recently unveiled its financial results for the full year ended December 31, 2023. The tech giant reported an impressive 15.7% YoY growth in its operating revenue, reaching an all-time high of $134.9 billion worldwide....
Brief
Paytm In Damage Control Mode: Unveils Pivot Plan After RBI Ban
Dazeinfo -
RBI's recent decision to cease Paytm Payments Bank Limited (PPBL) from offering its banking services to customers has faced harsh criticism from many seasonal entrepreneurs and investors. In response, Paytm issued a press release, expressing anticipation of a worst-case...
Brief
A Big Blow to Paytm: RBI Restricts All Banking Services on Paytm Payments Bank
Dazeinfo -
In a significant blow to Paytm, the Reserve Bank of India (RBI) has initiated stringent restrictions on Paytm Payments Bank Ltd (PPBL), preventing it from providing any banking services to customers after February 29, 2024. This regulatory move, considered...
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Meta Q1 2024: Jaw-Dropping Surge in Revenue and Net Profit, But Reality Labs Burning Billions
Meta Platforms, Inc. (NASDAQ: META) has unveiled its financial results for the first quarter of 2024 and it is...
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