india

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...

Internships in India Surged 1000x: Nearly 50% of Companies Offer “Virtual” Internships!

In a remarkable explosion of career opportunities, Indian students have found themselves amidst an unprecedented surge in internship openings over the past few years. Notably, the year 2023 witnessed a staggering 200% increase in internship opportunities in Indian companies...

Sony Zee Merger Called Off: Zee Refutes Sony’s Allegations, $90 Million Termination Fee Charges, Explores Legal Options!

Zee Entertainment has officially declared its intention to pursue legal action against Sony Group. This strategic move comes in response to Sony's unexpected termination of their planned merger, which was set to establish India's largest broadcasting entity. Sony Group...

The Great Indian Job Switch 2024: 88% Professionals Eager to Jump Ship, AI Widens Skills Gap

India's job market is currently witnessing an unprecedented transformation, reshaping the dynamics of work and the essential skills required for success. A surge in job seekers is noticeable, with a remarkable 88% of professionals in India considering a change...
- Advertisement -

Latest News

India’s Top 3 IT Firms Let Go 65k Employees in FY24: Is Automation the Culprit?

Tech industry layoffs post-Covid have been a major concern, affecting white-collar employment in India. This trend isn't confined to...
- Advertisement -