EbixCash announces launch of UPI for foreign nationals visiting India

EbixCash is the first financial services company in the country to offer UPI services to international delegates attending the G-20 summit, being held in India EbixCash Limited became the first…

Hotel prices in India rise 15%-20% so far in 2023: Here’s why

Hotel prices across most destinations have seen a 15-20 per cent increase in the last six weeks. A combination of the wedding season, return of corporate travel and events has…

PhonePe raises $100 mn from Ribbit Capital, Tiger Global and TVS Capital at $12-bn valuation

Walmart-owed digital payments firm PhonePe has raised $100 million in a fresh funding round from venture capital investors Ribbit Capital, Tiger Global and TVS Capital Funds. The fundraise is part…

Data Science top skill acquired in 2022; 83% plan to upskill in 2023: Great Learning

Data Science was the top skill acquired by learners in 2022, followed by Software Engineering and Management, according to a report by Great Learning. Upskilling has been the biggest trend…

Tata-owned Air India to buy 250 jets from Airbus, announces N Chandrasekaran

Tata-owned Air India has signed a deal to buy 250 aircraft from Airbus, group chairman N Chandrasekaran announced on Tuesday. The airline, which is on an expansion spree by starting…

Bengaluru, Mumbai sunshine locations for hiring: TeamLease report

Bengaluru, Mumbai, and Chennai have emerged as the cities with the highest hiring sentiment in the services and manufacturing sectors.  According to a report released by TeamLease for Q4, close…

Two Adani firms may repay short-term commercial paper borrowings over next few months: Report

Two large companies within India’s embattled Adani Group are likely to repay their short-term commercial paper (CP) debt as they come due over the next few months, instead of rolling…

Adani Enterprises back in black in Q3, posts Rs 820-cr profit

Adani Enterprises returned to black in the December 2022 quarter as the flagship company of Gautam Adani-led conglomerate reported a net profit at Rs 820.06 crore on Tuesday amid strong…

Microsoft-owned LinkedIn lays off employees in recruitment department: Report

Microsoft’s LinkedIn has become the latest tech company to be hit with layoffs. The employment-focused social media platform LinkedIn has reportedly laid off employees from the recruitment department.  According to…

WPI inflation cools to 4.73% in January as against 4.95% in December 2022

Wholesale Price Index inflation cooled to 4.73 per cent in January as against 4.95 per cent in December 2022. The decline in the rate of inflation is driven by mineral…