Business News
Airtel's Xtelify launches 'Airtel Cloud' to support digital business operations
Airtel's Xtelify has introduced 'Airtel Cloud,' a telco-grade cloud platform designed to address the digital requirements of Indian businesses. Capable of managing 140 crore transactions per minute, the platform offers IaaS, PaaS, and advanced connectivity. X…
VinFast inaugurates first plant outside Vietnam at Tuticorin
India Business News: TUTICORIN: Vietnam's Electric Vehicle (EV) major VinFast on Monday inaugurated its first plant outside its home country at Tuticorin in south Tamil Na.
Too much, too fast, too big: Good Glamm CEO on what went wrong
Founder Darpan Sanghvi's comments come days after lenders moved to enforce charges on the company’s individual brands, effectively dismantling the so-called house of brands business. In a LinkedIn post on Friday, he reflected on the company's collapse. “Momen…
Over 3,000 Boeing fighter jet workers go on strike after rejecting contract offer
More than 3,200 union workers at Boeing in St. Louis and Illinois initiated a strike. This action followed the rejection of a second contract proposal. The rejected contract included a wage increase and bonuses. Boeing plans to continue operations using non-u…
Mint Explainer: What listing plans of India's oldest ARC say about the asset reconstruction business
The going hasn’t been easy for India’s asset reconstruction companies, with the industry steadily shrinking in size.
Listed fintechs cut marketing spends to boost fundamentals
Listed fintech startups like PBFintech and Paytm, in a race to strengthen business fundamentals, have consistently cut marketing and promotional expenses in the last few quarters. While One 97 Communications, which runs Paytm, has been on a cost cutting spree…
Nippon MF plans simpler schemes for new investors
India Business News: Leh: Nippon India MF is exploring the launch of simple, easy-to-understand mutual fund products for first-time investors in remote areas. At the launc.
IPO-bound Arcil eyes retail loans as corp NPAs dry up
India Business News: Mumbai: The country's oldest bad loan company, IPO-bound Arcil (Asset Reconstruction Company of India) , gives an insight into the future of loan reco.
Startups trim team size to woo investors
India Business News: Mumbai: The less, the merrier - that's the mantra in the startup and venture capital space, where there's an increasing shift towards building smaller.