Fintech companies use Esops to lure top talent
In 2019 alone, fintech startups raised $2.6 billion, the highest ever in any year and double the capital inflow in 2018, as reported by ET earlier. The overall investments in the fintech sector was $7.4 billion in the decade ended 2019.
Payment companies weigh ways to recoup MDR losses
These companies have urged the Centre to nudge banks to compensate “a minimum of 0.25% of t...
IoT solutions company, Skylo raises $103 million by Softbank Global
The Skylo Hub is a satellite terminal that connects to the Skylo Network ...
Lenders put cash flows of about 500 stressed companies’ under lens
In the last three months, lenders have hired agencies in Gammon, Altico, JBF Industries, Suzlon and HCC to track end use of funds. Lead banks are hiring monitoring agencies in accounts having exposure of more than Rs 250 crore.
Survey shows Indian companies most familiar with concept of cybersecurity in APAC region
APAC Cyber Resiliency and Risk Report said that 98% of Indian companies surveyed were likely to invest more in security due to regulation. India is most likely to have ‘high’ impact (58%) of cybersecurity incidents on businesses compared with 42% in Singapore and 16% in Australia. India also topped the list in belief in cyber-resilience.
Medium scale companies may be given credit risk cover
The Credit Guarantee Fund Trust for Micro and Small Enterprises, run by the government and financial institution Sidbi, has floated a consultation paper to banks, where it has estimated that it will get business of around Rs 4,000 crore during the first year.
Telecom companies seek modification in AGR ruling, move SC
The ‘modification’ applications were filed on Monday after the Supreme Court last week rejected the pleas of the three phone companies to review the October 24 verdict that widened the definition of adjusted gross revenue (AGR).
Most companies facing limited growth due to innovation achievement gap: Accenture study
The survey, with data from more than 8,300 organisations across 20 countries and 885 CEOs, analysed the adoption of both mature and emerging tech – such as (AI), cloud, blockchain, and extended reality. It found that just 10% of companies are making optimal tech investment and adoption decisions and realising the full value of those investments.
India 4th best market for global companies looking for growth abroad: CEO survey
While confidence levels are generally down across the world, there is a wide variation from country to country.
Share market update: Consumer Durables shares trade lower; TTK Prestige dips 2%
The S&P BSE Consumer Durables index was trading 0.83 per cent down at 25,570.58.
NIC board approves merger proposal with two other insurers: Officials
"The board met today and cleared it. The board also discussed about operational integration," West Bengal State General Insurance Employees Association general secretary Tapan Mitra told . Attempts to contact NIC officials did not materialise.
Chirag Taneja joins Bombay Shaving Company as chief revenue officer
Taneja will lead the entire online business including D2C technology, e-commerce, and brand. His business acumen and deep understanding of digital marketing and analytics will enable the internet-first brand to achieve its business goals at an accelerated rate.
BRICS countries need to deepen innovation ties: Report
“BRICS countries need to promote networking between chambers of commerce and industry, business councils, professional associations and unions, intensify collaboration between business entities through joint projects, trade fairs and exhibitions in the hi-tech sector,” said Igor Bogachev, CEO of Zyfra.
Ford India's new BS-VI compliant EcoSport comes to India, starting at Rs 8.04 lakh
The compact SUV comes mated with a five-speed manual transmission.
Royal Enfield Himalayan with BS-VI powertrain, switchable ABS unveiled at Rs 1.86 lakh
The company will bring in a new range of apparel inspired by the motorcycle.
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