Firstly, to clear away any misunderstanding, let’s start by presenting "embedded finance" as the process of including financial services into non-financial platforms. This way, consumers can easily obtain financial goods through regular digital interactions, such as loans, insurance, and...
If you think that movie ticket sales are driving the growth of PVR Inox in India, then it's time to pay close attention to the latest financial figures of India's top multiplex.
According to PVR Inox's annual filing for FY'24,...
India is witnessing a steady rise in new startups each year, positioning the country as the fastest-growing hub for various sectors, including technology, e-commerce, retail, fintech, and quick grocery delivery. Although a significant number of Indian startups is yet...
Zomato Ltd. (NSE: ZOMATO), India's online food delivery major, unveiled its financial results for the second quarter of fiscal 2024 ending September 30, 2023. Interestingly, the company witnessed substantial growth in both revenue and net profit during this period....
Mukesh Ambani's recently established non-banking financial company (NBFC), Jio Financial Services (JFSL), released its Q2 FY24 financial results for the period ending on September 30, 2023. Just a few months after its demerger from its parent company, Reliance Industries,...
The Reserve Bank of India (RBI) has wielded its regulatory authority, imposing a hefty fine of ₹5.39 crore on Paytm Payments Bank Limited, a subsidiary of Paytm. This eye-catching penalty is a result of the bank's non-compliance with RBI's...
The fintech unicorn Cred has unveiled its financial results for fiscal 2023, concluding on March 31, 2023. In a remarkable display of growth, Cred revenue from operations reached an all-time high of Rs 1,400.6 crore in FY23, with an...
In the ever-evolving world of technology, smartphones have emerged as game-changers, revolutionizing our lives in ways we couldn't have fathomed just a decade ago. From controlling smart homes to handling financial matters, these pocket-sized devices have become the go-to...
Byju's once again finds itself in hot waters. The latest blow comes from none other than Blackrock, the world's largest asset manager, who has dramatically reduced Byju's valuation for the second time in just three months this year. India's...
LIC (NSE: LICI), India's esteemed Life Insurance Corporation, has always been a titan in the country's financial landscape. However, in recent months, it has found itself in the spotlight for all the wrong reasons. In a surprising twist, LIC...
