TVS Sells Its Stake in Rapido Rapido and TVS have again come into the spotlight after TVS Motor Company announced a complete exit from the bike-taxi startup. The automaker signed agreements to divest its entire stake in Rapido for ₹287.93 crore, marking a major strategic shift. The sale involves two buyers—Accel India VIII (Mauritius) Limited…
Paytm’s parent company, One97 Communications, has announced the launch of its redesigned Paytm app, aimed at enhancing user payment experiences with an AI-first approach. The updated app offers a cleaner, faster, and more intuitive interface designed to simplify everyday transactions while providing deep insights through artificial intelligence. According to the company, the revamped Paytm app…
Global investment bank Goldman Sachs has predicted that the Nifty 50 index could touch 29,000 points by the end of next year, which is about 14% higher than its current level of 25,574. The bank has upgraded its rating on Indian equities to ‘Overweight’. Goldman Sachs noted that although India’s stock markets have lagged behind…
The Unique Identification Authority of India (UIDAI) has launched a new Aadhaar app that allows users to smartly store their Aadhaar details on their phones and easily share necessary information with others. UIDAI announced on X (formerly Twitter) that Android users can download it from the Google Play Store, and iPhone users can get it…
Leading eyewear retailer Lenskart Solutions Ltd. made its debut on the stock market on Monday. However, its shares disappointed investors on listing day. While the IPO issue price was ₹402 per share, Lenskart’s stock listed at a discount of ₹7 on the NSE at ₹395, and at a discount of ₹12 on the BSE at…
