RBI Governor Sanjay Malhotra's recent statement reaffirms the central bank's mandate for Tata Sons to list publicly, following the rejection of its NBFC license surrender in September 2026.
Eternal, formerly Zomato, reports a Rs 125 crore profit in Q2 FY27, shifts its Adonmo investment into a Rs 156 crore stake in the Mygate merger, and unveils its privacy-focused AI platform, Dark.ai.
Eternal, formerly Zomato, reported Rs 125 Cr profit in Q2 FY27. The company will hold a 4.4% stake in the Mygate-Adonmo merged entity and launched Dark.AI, a privacy-focused AI assistant.
Snabbit reported Rs 72 crore NTV in Q2 FY27, surpassing Urban Company’s InstaHelp, while reducing its burn to Rs 142 crore, following a ₹167.8 crore loss in FY26.
Slice CEO Rajan Bajaj reveals plans to transform the fintech into a primary bank for payments, savings, and borrowing, following a $100 million funding round and strategic board appointments of former banking executives.
Fitness and lifestyle platform Cult.fit has received SEBI clearance for its initial public offering (IPO), aiming to raise ₹950 crore through a fresh issue of equity shares and an offer for sale.
Urban Company's board will meet on October 16 to consider a new fundraise via QIP or private placement, just over a year after its September 2025 IPO, as it battles Lightspeed-backed Snabbit and General Catalyst-backed Pronto in a high cash burn industry.
Elon Musk's recent X posts on SpaceX valuation and Starlink's India entry coincide with Tesla's new Chennai experience centre and ongoing regulatory challenges for its driving features.
The GST Council's uniform 5% tax on online platforms, including Swiggy, is enacted as Swiggy navigates new competition from Swish Go and continues its regulatory steps towards an IPO.
Blackstone commits close to $150 million in a $200 million funding round for Neysa, an Indian AI cloud and GPU data centre platform, signaling a strategic focus on building core AI infrastructure.