Search Results for: retail lending

Reliance Industries posts Rs 27,236 Cr profit before tax in Q1 FY23; Revenues at Rs 2.42 lakh crore

Reliance Industries Ltd (RIL) posted record consolidated revenues at Rs 2.42 lakh crore ($30.8 billion) in Q1 FY23, up 53 per cent year on year.

Jul 23, 2022

Crypto exchange Zipmex pauses withdrawals until further notice amid volatility [details]

Singapore-headquartered crypto exchange Zipmex has announced to pause withdrawals until further notice, becoming another crypto company to bear the brunt of volatile market conditions.

Jul 21, 2022

Online interior design startup Modsy shuts down, lays off employees

Crypto exchange Gemini lays off 7% of employees in 2nd round

After terminating nearly 10 per cent of staff some time back owing to "turbulent market conditions'", crypto exchange Gemini has laid off more employees in the second round of layoffs.

Jul 19, 2022

Oppo Reno 8 Pro, Reno 8, Pad Air, Enco X2 pricing, offers and availability in India [details]

Oppo has officially launched Oppo Reno 8 Pro, Reno 8, Pad Air tablet and Enco X2 TWS earbuds in India. Here's everything you need to know about the new prodcuts.

Jul 18, 2022

Crypto crash continues, lending platform Celsius Network files for bankruptcy

Cryptocurrency lending company Celsius Network, that recently laid off 150 employees, has now filed for bankruptcy in the US amid extreme market conditions.

Jul 14, 2022

E-commerce —the force multiplier for MSMEs

Flipkart has pioneered many first in the market and introduced several policy changes to unlock the growth potential for MSMEs across the country and handheld them in availing new benefits and tapping innovations, and opportunities in an increasingly digital economy.

Jul 14, 2022

Global regulator for banks red-flags crypto-assets such as Bitcoin

Bitcoin likely to hit record-low of $10K per digital coin soon: Experts

As Bitcoin hovers below $20,000 per digital coin, industry experts fear that the leading cryptocurrency may tumble to $10,000 soon.

Jul 12, 2022

US shootings continue, 2 killed and 3 injured at 7-Eleven stores in California

A shooting occurred at a 7-Eleven store in Brea, a city in northern Orange County, at about 4:18 a.m. on Monday, leaving a man dead

Jul 12, 2022

Cheating case filed against SpiceJet MD Ajay Singh, others in Gurugram [here's why]

A case of fraud has been registered against SpiceJet Chairman and Managing Director Ajay Singh and others for allegedly cheating a Gurugram resident by delivering fake share certificates to him.

Jul 11, 2022

Lower price of edible oil by Rs 15 with immediate effect, Centre tells associations

In view of the international prices of imported edible oils seeing a downward trend, the Centre has directed leading edible oil associations to ensure reduction in the MRP of edible oils by Rs 15 with immediate effect, officials said on Friday.

Jul 9, 2022

RBI's measures to boost forex inflows may not increase inflows: Emkay report

The Reserve Bank of India's (RBI) move to relax regulations to boost foreign exchange inflows will not have any material change in receipts, but certainly helpful in directional forex signalling to speculators, said Emkay Global Financial Services Ltd.

Jul 7, 2022

Foreign Exchange: RBI relaxes regulations to boost forex inflows

The Reserve Bank of India (RBI) on Wednesday announced a series of measures to boost foreign exchange inflows.

Jul 6, 2022

Odisha EOW asks Google to remove 45 'illegal' loan apps from Play Store

1 in 2 Indians victims of extortion, data misuse due to instant loan apps, reveals survey

A new report by community social media platform LocalCircles released on Tuesday showed that over 54 per cent of citizens surveyed experienced extortion or data misuse during the collection process from instant loan apps

Jul 6, 2022

Serial entrepreneur Satish Sanpal bags Stylish Iconic Entrepreneur 2022 award in Dubai

Satish Sanpal says Success is not the end, failure is not fatal, it is the courage to go on, that counts. I never dreamed about success, I worked for it and hence I feel so proud to be felicitated as International Retail and Lifestyle Icon 2022

Jul 5, 2022

RBI hits hard on Bitcoin, DeFi, crypto trading platforms

The Reserve Bank of India (RBI) has slammed unbacked crypto assets (such as Bitcoin), stablecoins and decentralised finance (DeFi) and crypto asset trading platforms, underscoring the need for regulatory guardrails to ensure financial stability and consumer and investor protection.

Jul 2, 2022

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