An Additional USD 100 Million From General Atlantic For PhonePe
Decacorn fintech PhonePe is conducting ongoing fundraising of USD 1 billion, which has raised USD 750 million by far. The latest investment in this series comes from General Atlantic, who just contributed USD 100 million to the fundraising. Walmart Group is now very close to completing its set goal. Notably, General Atlantic invested USD 350…
Yash Sharma
How To Improve Financial Performance Of A Company
‘Business Without Money Is Like Car Without Fuel’; thus, learning how to improve financial performance of a company is important. Managing cash flow can be challenging for any business, even if you earn the desired profit. Knowing ways to improve financial situations is necessary to cope with sudden cash flow problems. The problems, in turn,…
Aman Goyal
Adani Group’s Total Debt Surpasses 1% of Indian Economy
Gautam Adani’s troubles continue as the total debt of his companies surpasses 1% of the Indian Economy. After Hindenburg Research issued a staggering report that alleged Adani group in accounting fraud and stock manipulation, the stock price of Adani’s various companies kept stumbling. In between this, various economic forums find out the amount of debt…
Union Budget 2023: Key Highlights Of The Budget
Yesterday, Finance Minister Nirmala Sitaraman presented the Union budget 2023-24. There were high expectations from this budget, especially from the middle class. During her speech, the finance minister announced the changes in the tax slab and the boosting of capital investment for creating new jobs for youth. The Modi Government presents this budget as accelerating…
Why Should Investors Expect Recession in 2023?
Investors should expect a recession in 2023 ━ Jason Trennert, CEO of Strategas Securities, a capital market company, said in an interview. He says there are very few instances in which the inflation rate got something like 8 per cent or 9 per cent where the FED (Federal Reserve System) was able to bring it…
5 Best Accounting Software For Your Business
We have left those days far behind when someone seasoned in handling MS Excel was considered an accounting professional. Today, we have multiple software that makes accounting swift and easy. Different accounting software has different features and capabilities therefore, you must know their characteristics to choose the best accounting software as per your business needs…
Shipra Prajapati
10 Best Leaders from Finance in India 2022
As the economies around the world are slowing down, the role of financial leadership has become more significant. Currently, their priorities are restoring their organisation’s bottom line and sailing it through this financially challenging time without much hassle. Additionally, the attributes of top leaders in finance keep evolving over the years. TradeFlock interviewed many financial…
Abdullah Ansari
BSNL-MTNL Merger Proposal Postponed Due To Financial Reasons
On Wednesday, the Ministry of State for Communication informed the parliament that the government of India has postponed the merger of state-owned telecom companies BSNL and MTNL because of financial reasons. Devusinh Chauhan, honourable Minister of State for Communications, has given a written reply in the upper house (Rajya Sabha) stating that the merger proposal…
Easy & Proven Tips To Get Instant Approval On Car Loan
The luxury and convenience of having a car are undebatable, and we all dream to have a car of our own choice for our long and short distance travelling needs. Applying for a car loan is an easy way to make our dream come true, but it can be complicated if you don’t know what…
Mutual Fund SIP Contributes to Set a New Record In August
The investment in the mutual fund continued to surge in August, shows data released from the Association of Mutual funds in India (AMFI). With monthly SIP contributions rising to Rs. 9,923 crore, new SIP registration now reached 25 lakh, the highest number ever. The number of registrations last month was nearly 2.5 times higher than…
John David