Swiggy Raises Funding In Series K Round, Total Market Value Goes Up To $10.7 Billion
leading online food ordering platform based in India Swiggy raises funding one more time in Series K round of funding.
Finance
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Vodafone Idea Ltd Share Price Falls By 19 Per Cent
Vodafone Idea Ltd’s outstanding interest on spectrum auction and AGR have crossed Rs 16,000 crore, which the company cannot procure from its business operations in the country given the constant loss.
Tech Firm Paytm Share Price To Plummet By 25 Per Cent, Says Macquarie Report
According to analysts at the global brokerage Macquarie, tech firm Paytm had a target price of Rs 1,200 a share at the beginning of this year, but the analysts now expect the stock to fall by a further 25 per cent.
RBL Bank Crisis: Vishwavir Ahuja Steps Down From CEO Post, AIBEA Cautions Something Wrong At RBL Bank
The cause that invoked RBL Bank crisis is still uncertain, and speculations were doing the internet rounds. The association of bank employees AIBEA had also written a letter to the finance minister of India, Nirmala Sitharaman, to bring to her notice that something was not going well inside the RBL Bank.
PSB Strike Ended Today, Organizations Signal To Continue The Protest If Govt Doesn’t Agree
Before going on the PSB strike, the State Bank of India had notified its customers of service disruption longing over two days. It also suggested to the customers that ATM services would remain close or affected due to the strike. ‘We suggest that our functioning might be affected by the protest even though we have made sure the operations are carried out at our branches on strike days.’ State Bank of India said in a statement. Approximately 8,590 bank and ATM outlets across the country had their doors closed for two days, as per the UFBU (United Forum of Bank Union), an apex body of Nine banking organizations.