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India's financial technology (fintech) sector attracted $889 million in funding during the first half (H1) of 2025, marking a 26% decline from $1.2 billion raised in the second half (H2) of 2024 and a 5% drop from $936 million seen in H1 2024, according to a report by market intelligence platform Tracxn. Despite the dip, India retained its position as the third-largest fintech market globally, behind only the United States and the United Kingdom. "While the Indian fintech sector has seen a tem ...Read More >
MUMBAI - NTT DATA, a global leader in digital business and technology services, today announced the appointment of Alok Bajpai as Managing Director, India, for its Global Data Centers division. In this expanded leadership role, Bajpai will drive the company's growth strategy in one of its most dynamic and rapidly evolving markets. Previously serving as CFO of NTT Global Data Centers India, Bajpai played a pivotal role in advancing strategic initiatives and establishing a strong financial founda ...Read More >
Mumbai: Senior BJP leader Ravindra Chavan is all set to become the next Maharashtra BJP chief as he filed his nomination for the post of party's state president on Monday. Mr. Chavan presented the nomination forms to Union Minister Kiran Rijiju, who has been appointed as a central observer for the elections by the BJP. Maharashtra Chief Minister Devendra Fadnavis and outgoing party chief Chandrashekhar Bawankule were present on this occasion. With no other nomination being filed for the post, M ...Read More >
Bhopal (Madhya Pradesh): Chartered Accountancy (CA) has emerged as one of the favourite career choices of students from Madhya Pradesh. Around 22,000 students in the state are at various stages of completing the CA course - Foundation, Intermediate and Final. The state has around 12,500 qualified chartered accountants. Around 800 students from the state qualify the CA examination every year. The pass percentage has grown from 5% in 2010 to 14% -15% now. According to chairman of the Bhopal bran ...Read More >
For investors, this means that any profits made from selling cryptocurrencies will now be subject to capital gains tax.Source : Ewan Kennedy/Unsplash The Income Tax Appellate Tribunal (ITAT) in Jodhpur has provided much-needed clarity on the taxation of cryptocurrencies in India. The ruling recognises cryptocurrencies as capital assets, setting a framework for how profits from their sale are taxed, especially for transactions made before the Government introduced specific guidelines for Virtual ...Read More >
Indian startups nearly reached $1 billion in funding in November, boosted by major deals in e-commerce, healthtech, and fintech. While funding was slightly lower than in October, big investments in companies like Zepto and HealthKart showed strong investor interest. According to data compiled by TheKredible, Indian startups raised $972 million across 90 deals, with growth and late-stage funding dominating at $708.12 million from 14 deals. Early-stage funding contributed $263.5 million through ...Read More >
Sunmei Hotels Group strengthens its global presence with the launch of Sunmei Group International, focusing on expanding in Indonesia's booming tourism market. The China Hotel Overseas Investment Conference, organized by Sunmei Hotels Group, was successfully hosted at Mövenpick by Accor in Qingdao Sunmei. During the event, Sunmei Hotels Group unveiled its newly established international business division -- Sunmei Group International (SGI) -- and launched three new overseas core brands: SHANKEE ...Read More >
In a turbulent market environment, Leslie's Inc. (LESL) stock has tumbled to a 52-week low, reaching a price level of just $2.42. This significant downturn reflects a stark contrast from its performance over the past year, with the company's shares experiencing a precipitous decline of -54.12%. Investors are closely monitoring Leslie's financial health and market position, as the stock's current valuation marks a critical juncture for the company's future trajectory. The substantial year-over-ye ...Read More >
Investing.com -- Evercore ISI upgraded Zoom Video Communications Inc (NASDAQ:ZM) Inc to "outperform" from "in line" on Tuesday, driven promising growth opportunities in artificial intelligence and new product lines, strong operational execution, a bottoming out of churn rates. Zoom's most recent quarter showcased record-low online churn at 2.7% and a steady enterprise net retention rate of 98%. Growth in large accounts was notable, with customers generating over $100,000 in annual revenue risin ...Read More >
SINGAPORE/HONG KONG (Reuters) - Affinity Equity Partners, a Hong Kong-based buyout firm, has concluded two acquisitions in Southeast Asia worth a combined $1.65 billion, people with knowledge of the deals said. It bought Jakarta-based gummy candy company Yupi for $1.2 billion, said two of the people. Yupi, founded in 1996, is one of the largest gummy candy makers in Asia and its products are sold in more than 50 countries, according to its websites. Affinity acquired the company from Yupi's fo ...Read More >
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