india

Most Valued Indian Companies 2023: Policy Bazaar and Zomato Take the Crown as Fastest-Growing Listed Unicorns

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...

Mounting Challenges for Paytm: RBI Maintains Grip, “No Room for Review” on Banking Curbs

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...

Paytm Stock Crashes to All-Time Low Since Listing: Analysts Predict Long-Term Pain

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...

Paytm In Damage Control Mode: Unveils Pivot Plan After RBI Ban

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...

A Big Blow to Paytm: RBI Restricts All Banking Services on Paytm Payments Bank

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...

India Smartphone Shipments Grew 25% YoY in Q4 2023: Samsung Slipped to Third Spot

India’s smartphone market has finally revived in Q4 2023 after five consecutive quarters of either declining or stagnant yearly growth in shipments. The noteworthy 25% YoY growth in smartphone shipments during the fourth quarter was primarily driven by the...

Swiggy Delivered Double-Digit Revenue Growth in FY23, But IPO Hopes Hinge on Turning Red Ink Blue

Swiggy, India's online food and grocery-delivery company, has recently filed its financial statements for fiscal 2023, ending on March 31, 2023, and the results are noteworthy. The company reported an impressive 45% YoY growth in its operating revenue, amounting...

Reliance Jio Mobile Subscriber Growth Leaves Rivals in the Dust: Adds Nearly 35 Lakhs in Just One Month

India's telecom sector has experienced a revolutionary upheaval over the past 7 years, spurred by the disruptive entry of Reliance Jio. This telecom giant has successfully penetrated untapped rural markets, primarily driven by the launch of 4G feature phones...

Groww Active Traders Grew Over 870% in Less Than 2 Years, Outpaced Zerodha by 1 Million

Groww, an eight-year-old wealth management startup, has continued to assert its dominance in terms of active clients. By the end of 2023, the number of active traders on the Groww platform reached 7.6 million, maintaining a lead over its...

Swiggy’s Rs 10 Platform Fee Experiment: A Bite Out of Budget-Friendly Customers in India?

Swiggy will soon introduce a platform fee of Rs 10, a jaw-dropping increase of over 3X from the current Rs 3 levied on most customers in India. The online food and grocery delivery firm has already begun teasing this...
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Global AI Show 2025 Abu Dhabi Announces Its Visionary Partners and World-Class Speaker Lineup

The Global AI Show 2025 Abu Dhabi, a premier platform driving the future of artificial intelligence, proudly announces its...
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