Vauld became the latest decentralized finance (DeFi) firm to be hit by the crypto market’s recent downturn. In its statement on July 4, the company said that its financial challenges

OneCoin was not backed by any secured, independent blockchain-type technology as other cryptocurrencies are. It was a classic Ponzi scheme, in which early investors are encouraged to find others and

Mumbai: As the craze for startups fades, valuations of several new-age companies have taken a beating in the market for unlisted shares, potentially delaying their plans to go public. According

The HDFC and HDFC Bank merger proposal is still awaiting a number of legal and regulatory approvals. On Monday, HDFC Bank announced that the RBI has approved its parent company

The industry intends to approach the regulator under the aegis of the Payments Council of India (PCI) and request it to let payments banks with a specific track record to

It has been alleged that the cabling for NSE’s colo rack was engineered such that Way2Wealth and GKN Securities got the benefit of lower latency, as opposed to other trading

Finance firms, including Aditya Birla Finance, Bajaj Finance and L&T Finance plan to mop up around Rs 6,000 crore on June 30 through bonds of various maturities. There is a

In retrospect, the year 2021 will be recognized as a watershed moment in the Indian startup ecosystem, as well as the frenzy among new-age enterprises to ditch their private brands

Sitharaman explained that the proposed GST rate rationalization was required for restoring revenue neutrality in the shift to GST from the previous indirect tax regime five years ago. The Bommai

The Mumbai-based company was valued at $200 million in its last round, which took place two year ago. With a yearly growth rate of 100% in its topline, the startup

Traders in India’s foreign-exchange market are bracing for more instances of dollar shortages, as record outflows from the nation’s equities and deteriorating external finances bite. Traders in India’s foreign-exchange market

BII plans to partner with existing top VCs and entrepreneurs to make selective Series A investments – both as lead or follow-on investments and make 3-4 such deals annually. Bertelsmann