Ridhima Saxena
Contributor
Latest Stories from Ridhima Saxena
5 mins read
ICICI Bank leaves SBI behind in credit card spends as it chases HDFC Bank in pole position
As fear of a third Covid-19 wave in India eased and festive sales began, ICICI Bank surpassed State…
2 mins read
Zee Entertainment falls nearly 3% in trade as board refuses to hold EGM
Zee Entertainment Enterprises Ltd., which has been locked in a tussle with its largest shareholder,…
2 mins read
IL&FS replaces auditor SRBC & Co amid allegations of professional misconduct by NFRA
Bankrupt infrastructure financier, Infrastructure Leasing & Financial Services (IL&FS), on …
2 mins read
American fintech firm FIS will hire over 10,000 people in India
Florida-based fintech firm Fidelity Information Services (FIS), which provides technology solutions…
4 mins read
From Netflix and Hotstar to Airtel to Jio bills, brace for surprises as RBI’s guidelines on auto-debit transactions kick in from October 1
As the Reserve Bank of India’s (RBI) guidelines for auto-debit transactions kick-in from October …
3 mins read
Indian Overseas Bank lost six years and half its business to clean up its bad loans but the market is cheering
Shares of Indian Overseas Bank scaled new heights, as the Reserve Bank of India (RBI) lifted the ba…
1 min read
Where Indians work — seven charts that show you the employment map of the world’s sixth largest economy
The nine sectors -- manufacturing, construction, trade, transport, education, health, accommodat…
5 mins read
Nearly as old as Google, Pine Labs is betting on these two segments to make it worth $6 billion
The share of BNPL as part of the company’s total transactions by value has already c…
2 mins read
ICICI Bank partners with Amazon to offer ₹25 lakh overdraft facility to individual sellers and small businesses
Private sector lender, ICICI Bank, has partnered with ecommerce titan Amazon to offer instant and o…
4 mins read
HDFC Bank is looking to hire 2,500 people in the next six months across India to double its rural cover
Shares of private sector lender, HDFC Bank, gained close to 2% on Monday’s trade to ₹1,625 apiece a…
2 mins read
Zee Entertainment shares fall 3% in today’s trade as Invesco insists the board to hold EGM before Sony deal
Zee Entertainment Enterprises Ltd. saw its shares fall 3% to ₹309 apiece on Monday morning as its l…
2 mins read
United Breweries stock falls over 3% as CCI fines beer ‘cartel’ of Kingfisher and Carlsberg
United Breweries Ltd.'s stock fell over 3% in trade on Monday to ₹1,554.50 per share on news that C…
5 mins read
Sensex scales 60,000 as TCS near its all-time high, ONGC near a two-year high
It’s a new record as India's benchmark equity index scaled Sensex breached 60,000 for the first tim…
5 mins read
It’s good that India wants just two GST slabs but it has to ensure it doesn’t hurt consumers
The Indian government wants fewer tax slabs under the goods and services tax (GST) regime. Recently…
3 mins read
Indian financial system steadily maturing, as it moves away from banks, says RBI Governor Shaktikanta Das
India’s financial system, he said, has transformed rapidly to support the growing needs of the e…
5 mins read
Two years after the PMC Bank crisis, depositors of stressed banks to get up to ₹5 lakh by December
Depositors of 21 stressed Indian banks, including the beleaguered Punjab & Maharashtra Co-Op. B…
9 mins read
ToneTag, backed by Amazon and Mastercard, is ready to go beyond payments using sound waves, not internet and smartphones
Bengaluru-based ToneTag is using sound waves to power contactless payments and commerce targeting p…
6 mins read
Srei Group may leave a $4 billion hole in some of India’s biggest lenders
Kolkata-based Srei Group that runs non-bank lender Srei Equipment Finance Ltd., among other entitie…
2 mins read
This neobank for India's small businesses just raised $31 million led by Sequoia Capital
Flobiz, a neobank focused on small and medium businesses in India, has raised $31 million in a Seri…
2 mins read
Kotak Mahindra Bank to buy about 10% in KFin Technologies for ₹310 crore
Private sector lender Kotak Mahindra Bank has agreed to acquire a 9.98% stake in KFin Technologies …
1 min read
You can send to and receive money from Singapore via UPI in a year from now
The Reserve Bank of India (RBI) and the Monetary Authority of Singapore have joined hands to li…
5 mins read
Clix Capital's urge to be a bank must be too intense for it to merge with Suryoday
AION Capital-backed Clix Capital Services Pvt. Ltd., a non-bank lender, has been out in the market …
7 mins read
EXCLUSIVE: Many private schools in India are on the brink of bankruptcy and fear that a third wave of COVID-19 could be their end
Private schools in India have been struggling to pay their bills and loan dues to banks and other l…