Fintech News

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PhonePe announces cashback offers on 24K gold this Dhanteras: How to avail

PhonePe is offering cashback on the purchase of 24K gold for Dhanteras and Diwali. Customers who buy a minimum of Rs 1000 worth of digital gold can get up to Rs 3000 cashback. The offer is valid for one-time transactions from November 9th to 12th. PhonePe allows customers to buy and sell gold digitally, with …

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Delhivery Q2 loss narrows to Rs 103 cr

Logistics company Delhivery on Saturday said its consolidated net loss narrowed to Rs 103 crore in the second quarter ended September 30, 2023. The company had reported a net loss of Rs 254 crore for the year-ago period, it said in a regulatory filing.

Ex-crypto mogul Sam Bankman-Fried convicted of defrauding FTX customers

FTX founder Sam Bankman-Fried has been found guilty of defrauding customers of his cryptocurrency exchange, resulting in one of the largest financial fraud cases ever. The verdict follows FTX’s bankruptcy filing and the loss of Bankman-Fried’s personal fortune. Bankman-Fried, a former billionaire, was convicted on all seven counts he faced after a monthlong trial. He …

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