Month: May 2026
Ola Consumer’s FY25 revenue drops 42%, losses widen, as company begins prep for IPO
Ola Consumer, formerly known as Ola Cabs, is preparing for an initial public offering (IPO) even as its financials paint a grim picture, with revenue…
India-EU FTA to cover one-third of global trade, impacts 2 billion people: Commerce Ministry
New Delhi: The India-European Union Free Trade Agreement (FTA) will cover nearly one-third of global trade and touch around 2 billion people, making it one…
India-EU FTA will be a win-win for both sides, looking forward to its ratification: Airbus India MD
Airbus India Managing Director and President Jurgen Westermeier on Thursday said the India-European Union Free Trade Agreement (FTA) will be a “win-win” for both sides…
Digital banking platform Freo acquires credit marketplace IndiaLends
Bengaluru-based digital banking platform Freo has acquired the credit marketplace IndiaLends. The platform will operate as a different entity under Freo. The acquisition amount was…
EU envoy seeks investment liberalisation chapter in FTA with India, early investment pact conclusion
New Delhi: Ambassador of the European Union to India Herve Delphin on Thursday called for inclusion of investment liberalisation chapter in the free trade agreement…
UpGrad, Unacademy file application with CCI for merger
Ronnie Screwvala-founded higher learning firm UpGrad and test-prep startup Unacademy have filed an application seeking antitrust clearance from the Competition Commission of India (CCI) for…
InMobi acquires AI platform MobileAction to drive growth in iOS ecosystem
Softbank-backed advertising technology firm InMobi has acquired San Francisco-based MobileAction for an undisclosed amount to strengthen its presence in Apple’s iOS space, the company said…
Govt issues uniform guideline for measuring states’ GDP with revised base year of 2022-23
New Delhi, The statistics ministry on Thursday issued a uniform guideline for measuring states’ gross domestic products (GSDP) with 2022-23 as the base year to…
One Of A Kind Startup Awards 2026: GTM Excellence honours startups mastering the art of scale
India’s early-stage startup ecosystem is entering a phase where execution is as critical as innovation. Recognising this shift, The Economic Times, in association with Cashfree…
Now make EPF payments via net-banking as Federal Bank launched this facility for its customers
Federal Bank has announced that its customers now can make Employee Provident Fund (EPF) related payments via its net-banking platform. In a press release dated…