BharatPe’s parent entity, Resilient Innovations Private Limited, has filed a petition in the Delhi High Court under Section 9 of the Arbitration and Conciliation Act, 1996, against Centrum Financial Services Limited and JBCG Advisory Services Private Limited over the alleged unauthorized transfer and encumbrance of warrants issued by Unity Small Finance Bank. Seeking interim relief,…
Amazon India’s ultra-fast delivery service Amazon Now has crossed $1 billion in annualised gross sales, marking a major milestone as competition in the country’s rapidly expanding quick-commerce market intensifies. The company said orders on Amazon Now have doubled every quarter since its launch, making it the fastest-growing e-commerce business in Amazon India’s history. The service…
Chevron is planning to expand its global liquefied natural gas (LNG) portfolio, with Argentina and the eastern Mediterranean emerging as key areas of interest as buyers seek greater energy security amid geopolitical disruptions. Chevron’s Global Gas President Freeman Shaheen said recent supply shocks linked to the Ukraine war and the conflict involving Iran have highlighted…
Flipkart-owned digital payments platform Super.money is rolling out autonomous artificial intelligence agents capable of shopping for products and buying digital gold, aiming to differentiate itself in India’s competitive fintech market. Currently serving about 20 million monthly active users, the platform has initiated the rollout of these consumer payment agents—built in partnership with merchants—and plans to…
Amazon Pay and Kotak Mahindra Bank have partnered to launch the Amazon Pay Kotak Business Credit Card, specifically designed to cater to sole proprietors and small business owners registered on Amazon Business. Aiming to help entrepreneurs manage working capital and delay cash outflows, the new co-branded card offers attractive rewards and enhanced credit flexibility. Amazon…
Tata Consultancy Services (TCS) has won a ₹122.6 crore bid to implement the next phase of the Odisha State Workflow Automation System (OSWAS 3.0), extending its partnership with the Government of Odisha for around six more years. Powered by TCS DigiBOLT, the AI-enabled governance platform will bring workflow automation, system integration, analytics, security and artificial…
Asian Paints has appointed financial sector veteran Leo Puri as chairman-designate, with his term set to begin on January 23, 2027. Puri has also been appointed to the company’s board for a five-year term extending until September 2031 and will succeed R. Seshasayee as chairman. The leadership transition comes as India’s leading paint maker faces…
The Reserve Bank of India (RBI) has imposed a penalty of ₹6.2 lakh on Hinduja Leyland Finance for regulatory compliance violations related to microfinance loan pricing and securitisation of assets. According to the central bank, the company did not have a board-approved policy governing the pricing of its microfinance loans, while its inspection also found…
JSW Energy announced on Friday that its total operational capacity has crossed the 15-gigawatt (GW) milestone, reaching 15,025 megawatts (MW), with renewable energy sources accounting for a dominant 60 per cent share of the portfolio. According to a regulatory exchange filing by the company, green energy assets comprise 9,067 MW of its total operational footprint—consisting…
Swiggy’s premium concierge platform, Crew, has entered the travel segment, introducing AI-supported travel assistance for its paid members and invited travellers. Launched last year following a pilot programme, Crew has expanded its presence to Bengaluru, Mumbai and the National Capital Region of Delhi. The platform initially offered a range of personalised services, including restaurant reservations,…
