Online marketplace ShopClues has narrowed its losses to Rs 208 crore for the year ended March 2018 compared to the previous fiscal.
Paytm Mall has raised close to Rs 2,900 crore from SoftBank and Alibaba in a deal that values the online shopping venture of Paytm at USD 2 billion.
PE investments fell 49% to USD 3.7 bn during Jan-Mar quarter this year largely due to lack of big ticket transactions, says a report.
The Chinese handset maker is in talks with the government to set up its own manufacturing unit in Faridabad, Haryana.
Professionals in India prefer home-grown tech companies like Directi, Flipkart and Paytm more than global giants like Google, Amazon as their workplace.
The company said the customers can now send 24K 999.9 purity gold to each other instantly - offering them a convenient gifting solution.
The Board of Control for Cricket in India (BCCI) announced its association with Paytm as the official umpire partner of the Indian Premier League for the next five years.
Paytm said its wholly-owned subsidiary, Paytm Money, has received approval of market regulator SEBI to become a registered Investment Advisor.
Paytm has come out with a business application aimed at serving merchants in TN who can track payments, navigate past collections and can also make settlements instantly.
The note-ban decision upped investor interest in the country's fintech industry that led to a five-fold increase in deal activity in 2017, a report said.
HDFC BANK Q4 REVIEW
PAT at Rs 4799 Cr vs Rs 3990 Cr, up 20.2%
NII at Rs 10,658 Cr vs Rs 9,055 Cr, up 17.7%
Net Interest Margin at 4.3%
Other Income at Rs 4229 Cr vs Rs 3446 Cr, Up 22.7%
Operating Profit at Rs 8835 Cr vs Rs 7279 Cr, up 21.3%
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