[ad_1] Fintech company Kredivo Holdings raised about $270 million in equity financing, defying a market correction that’s made it difficult for many startups to obtain fresh capital.The Singapore-based firm, formerly known as FinAccel Pte and operator of fintech platform Kredivo and Krom Bank Indonesia, struck...
[ad_1] In an age when raising venture funding is considered a measure of success, Sujeet Kumar Mishra, Chander Pal, Abhishek Sharma and Sonali Gour have built a Rs 120-crore online gifting platform and bakery retail chain under the brand name Winni Cakes & More without...
[ad_1] The company's Terran 1 rocket lifts off from LC-16 at Cape Canaveral, Florida.Relativity SpaceRelativity Space, a 3D-printing specialist, launched the inaugural flight of its Terran 1 rocket late on Wednesday night, which successfully met some mission objectives before failing to reach orbit.Terran 1 lifted...
[ad_1] Citigroup Inc CEO Jane Fraser on Wednesday expressed confidence in U.S. banks after a series of closures rattled investors and fueled in global financial markets."The banking system is pretty sound," and large and regional banks are well-capitalized, Fraser told the Economic Club of Washington...
[ad_1] Federal Reserve Chairman Jerome Powell signaled that financial conditions may be tighter than they appear , and market pros took that to mean there could be less rate hiking from the Fed. But it also signaled to markets that the economy could be hit...
[ad_1] The Union Home Ministry is yet to give its approval to Manipur government's decision of withdrawn from the tripartite talks and Suspension of Operations (SoO) signed with three underground tribal militant outfits in the northeastern state.Manipur Chief Minister N. Biren Singh met Union Home...
[ad_1] Two months after the National Payments Corporation (NPCI) steering committee decided on distribution of payments subsidy among banks and payment system operators, banks have yet again failed to distribute the amount. Banks had earlier failed to share payments subsidy amounting to more than ₹2,000...
[ad_1] What the federal funds rate means to you"The bank problems are probably making a lot of people think twice," said Diana Furchtgott-Roth, an economics professor at George Washington University and former chief economist at the Department of Labor. "People are not as confident," she said, referring...
[ad_1] U.S.-based job search platform Indeed said on Wednesday it would cut about 2,200 jobs, or 15% of its workforce, joining a host of companies rationalizing their labor force following a pandemic-fueled hiring boom.Chief Executive Chris Hyams, who will take a 25% cut in base...
[ad_1] A Delaware judge has yet to make a key ruling in Dominion Voting System's $1.6 billion defamation suit against Fox Corp. and its right wing cable networks.On Tuesday and Wednesday, attorneys for both Fox and Dominion laid out their cases in court, urging Judge...