I-bankers earn record Rs 493 crore from Hyundai IPO

Hyundai Motor India Limited’s (HMIL’s) record Rs 27,870 crore initial public offering (IPO) may not have set the primary market alight with sky-high subscription levels, but it has......

'We focus on smaller ticket sizes loans'

'Banks may find small ticket size lending economically unviable due to the cost of branch operations.' Illustration: Uttam Ghosh/Rediff.com FlexiLoans.com, a lender to small businesses starved of......

Paytm Apr-Jun quarter loss widens to Rs 840 cr

Fintech firm One97 Communications, which owns Paytm brand, on Friday said its loss has widened to Rs 840 crore in the quarter ended June 30, primarily due to continued impact of restrictions on......

Zomato withdraws NBFC application, says no plans to pursue lending

Food and grocery delivery major Zomato has pulled the plug on its plan to enter the lending business. Photograph: Anushree Fadnavis/Reuters Zomato Financial Services, a wholly-owned subsidiary of......