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PhonePe, a Bengaluru based fintech major, has launched secured loan products in partnership with non-banking finance companies like Tata Capital and L&T Finance. The Walmart owned company is offering six credit products to its customers.
Oyo reported its first profitable fiscal year in 2023-24 with a net earning of nearly Rs 100 crore. Founder Ritesh Agarwal highlighted growth prospects in key markets like Nordics, South East Asia, US, and UK. Fitch Ratings upgraded Oyo's credit rating, acknowledging its strong performance.
Awfis early trades on the NSE, had hit a high of Rs 451.45 apiece. Stock exchange data shows, Awfis IPO closed on May 27, receiving bids for more than 936.8 million shares against the 8.62 million shares on offer.
Agnikul official statement said, the vehicle was completely designed in-house and was powered by the world's first single piece 3D printed engine which is also India's first flight with a semicryo engine. The mission was successful after four failed attempts.
The Luxembourg-based Court of Justice of the European Union said, "A member state may not impose additional obligations on an online service provider established in another member state."