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PhonePe: PhonePe launches secured loan products in partnership with NBFCs

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.

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OYO: At Rs 100 crore, Oyo posts FY24 as maiden profitable fiscal: Ritesh Agarwal

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.

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Awfis Space Solutions: Awfis Space Solutions lists at 13.5% premium on NSE

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.

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Agnikul: Agnikul test launches world's first rocket with 3D printed engine

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.

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EU: EU court backs Google, Amazon, Airbnb in Italian rule dispute

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."

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