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Zerodha’s Kamath leads USD 4 mn-fundraise by marketing tech platform Kofluence

Zerodha’s Kamath leads USD 4 mn-fundraise by marketing tech platform Kofluence

Influencer marketing platform Kofluence on Tuesday said it has raised USD 4 million (about Rs 30 crore) in funding led by discount brokerage Zerodha's co-founder Nikhil Kamath. Kunal Shah of fintech Cred, filmmaker Karan Johar, Dharma Productions' Apoorva Mehta, Udaan's Sujeet Kumar, microblogging site Koo's Aprameya Radhakrishna and venture capital fund Upsparks were among other [...]

Mercedes introduces EV module in mechatronics course; first rollout in Pune’s college

New Delhi, Feb 8 (PTI) German luxury carmaker Mercedes-Benz on Tuesday said it has introduced electric vehicle (EV) module in its Advanced Diploma in Automotive Mechatronics course as part of an initiative to develop future talent pool in India and make them industry-ready through academic upskilling. The first EV module for Advanced Diploma in Automotive [...]

Guar seed futures decline on low demand

New Delhi, Feb 8 (PTI) Guar seed prices on Tuesday declined by Rs 26 to Rs 6,101 per 10 quintal in futures trade.On the National Commodity and Derivatives Exchange, guar seed contracts for February delivery was trading down by Rs 26, or 0.42 per cent, at Rs 6,101 per 10 quintal with an open interest [...]

Renault crosses 8-lakh cumulative sales mark in India

Mumbai, Feb 8 (PTI) French automaker Renault on Tuesday said it has crossed the 8-lakh cumulative sales milestone in India, in a decade of its presence in the domestic market. It also said that despite the challenges faced by the industry owing to the pandemic and supply constraints, 2021 proved to be a remarkable year [...]

Guar gum futures fall on low demand

New Delhi, Feb 8 (PTI) Guar gum prices on Tuesday fell Rs 31 to Rs 11,340 per five quintal in futures market as traders offloaded their holdings in line with weak trend in spot market.On the National Commodity and Derivatives Exchange, guar gum for February delivery declined by Rs 31, or 0.27 per cent, to [...]

Arya.ag, MAS Financial Services tie-up to offer agri-finance to small farmers, FPOs

Mumbai, Feb 8 (PTI) Integrated grain commerce platform Arya.ag on Tuesday announced a tie-up with MAS Financial Services to offer agri-finance to farmers, with a specific focus on small farmers and Farmer Producer Organizations (FPOs). Arya will offer this service through its lending services arm -- Aryadhan Financial Services, the company said in a statement. [...]
Bank fraud complaints rise to 1.45 lakh in FY21

Bank fraud complaints rise to 1.45 lakh in FY21

Fraud complaints registered by the RBI under the various Ombudsman schemes in different categories have risen to 1,45,309 in 2020-21 against 1,35,448 in FY20, Finance Minister Nirmala Sitharaman informed the Rajya Sabha on Tuesday. "RBI has informed that on comparing the complaints against ATM/Debit Cards, Credit Cards and Mobile/Electronic Banking during the period from 2019-20 [...]

Wockhardt gets CDSCO approval to export Russian COVID vaccine Sputnik

New Delhi, Feb 8 (PTI) Homegrown pharmaceutical firm Wockhardt on Tuesday said it has received approval from the Central Drugs Standard Control Organisation (CDSCO) to export up to 10 crore doses of Russian COVID-19 vaccine Sputnik.The approval is for the export of up to 8 crore doses of Sputnik Light and up to 2 crore [...]
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