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Showing posts from August, 2026

Zepto to delay IPO by 2-3 qtrs, CEO tells staff

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Zepto will delay its public listing by two to three quarters. The quick commerce startup faced tepid investor response on its valuation. Domestic investors offered valuations significantly lower than its last funding round. The company now seeks Rs 1,000 crore in pre-IPO funding. Zepto aims for a lower valuation of around $4-4.5 billion for this investment. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/x9TGMVO >

Sebi bars Zee’s Chandra, Goenka from market for 1 year

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Sebi has banned Zee group's Subhash Chandra and Punit Goenka for one year. They fraudulently pledged Zee Entertainment Enterprises land parcels as security for personal loans. Chandra and Goenka misused their positions, risking the company's assets for personal gain. The regulator also imposed fines on Chandra, Goenka, and the company for these fraudulent acts. This action was taken after a thorough investigation into the 2018 transactions. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/WjdE4Fc >

Gold loans jump 94% y-o-y, fuel bank credit growth in Q1

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Gold loans fueled a significant acceleration in bank credit during Q1FY27. This segment expanded by 93.8% year on year, adding substantial value. Overall bank credit also saw robust growth, crossing a significant milestone. Credit to industry recorded its highest first-quarter expansion in recent years. Vehicle loans and medium enterprises also showed strong performance. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/qsAMCoO >

Moody’s assigns Baa2 rating to RBL Bank, 1st for lender

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from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/OGobuIE >