E-commerce Titans Ignite Fee War: Flipkart and Amazon Vie for Dominance in India’s Growth Markets
E-commerce giants Flipkart and Amazon are slashing seller fees in India, sparking a 'fee war' to attract more businesses, especially from smaller cities. This move aims to boost sales volumes, expand market reach, and ultimately offer more affordable…
NSE Seals Landmark Rs 1,491 Crore Settlement with Sebi, Paving Way for IPO
India's National Stock Exchange has settled long-standing co-location and dark-fibre regulatory cases with Sebi for Rs 1,491 crore. This significant resolution clears the major hurdle for the NSE's much-anticipated initial public offering, reinforcing…
Zepto Postpones IPO, Seeks Rs 1,000 Crore Pre-Listing Funding at Revised Valuation
Quick commerce firm Zepto is delaying its IPO, seeking Rs 1,000 crore in pre-IPO funding at a revised $4-4.5 billion valuation, down over 30% from its previous $7 billion. This strategic move aims to secure capital amidst evolving market conditions and a…
Tata Steel Concludes Quarter-Century Martrade Venture, Unveils Major NINL Expansion
Tata Steel ends its 25-year joint venture with German firm Martrade, acquiring its stake for Rs 335 crore. Concurrently, the steel giant commits Rs 33,873 crore to expand Neelachal Ispat Nigam, boosting its long products and retail offerings amidst…
NTT Data Payments Pioneers Global UPI Expansion with Innovative Hub-Based Architecture
NTT Data Payment Services is pioneering a hub-based architecture to connect India's UPI with other Asian fast payment systems, revolutionizing cross-border retail transactions and enhancing global digital payment interoperability under its Adaptis brand.
E20 Fuel & Mileage: Decoding Government’s Varied Efficiency Estimates for Indian Motorists
Government ministries offer varied estimates, from 2-6% to 3-5%, for potential mileage reduction with E20 fuel, especially in older vehicles. Both emphasize that driving habits and maintenance are crucial for fuel economy, advising motorists to adopt…
Proposed $100,000 Work Permit Fee Threatens Future of Foreign Graduates in US
The Trump administration is reportedly considering a staggering $100,000 fee for work permits under the Optional Practical Training (OPT) program. This potential policy shift could profoundly impact international students, U.S. universities, and the tech…
Indian Banks Levy Rs 7,100 Crore in Minimum Balance Penalties in FY26, Private Lenders Lead Charge
Indian banks collected Rs 7,100 crore in minimum balance penalties during FY26, with private banks, notably HDFC Bank, contributing the most. This contrasts with ten public sector banks that have discontinued such charges, sparking debate on banking…
E20 Fuel Compatibility: Gadkari Addresses BS-III Vehicle Concerns Amidst Ethanol Blending Push
Union Minister Nitin Gadkari addressed E20 fuel impacts, stating no major performance issues for most vehicles, including BS-VI. However, some BS-III vehicles may require rubber part replacements for compatibility. This update comes amidst India's push…
India’s Gold Loan Surge: Larger Ticket Sizes and a Strategic Shift from Unsecured Lending Fueling Growth
Gold loans are surging in India, driven by existing borrowers taking larger sums and a notable shift away from unsecured credit. This trend highlights a growing preference for secured financing options, with NBFCs playing a key role.