RazorpayX, the business banking platform of fintech company Razorpay, on Monday announced its foray into a new product line called 'Forex Service for Startups'.

With an annualised run rate of Rs 350 crore under this forex service to date, the company expects it to scale up by 3-4 times in the next financial year.

A plunge in dollar bonds of Adani Group companies quickened on Monday after a rebuttal by the Indian conglomerate failed to ease concerns following a scathing report last week by short seller Hindenburg Research.

Adani Ports & Special Economic Zone Ltd.’s 2027 note dropped 7.1 cents on the dollar to 72 cents in Hong Kong, hitting a fresh low following an 11 cent tumble last week, Bloomberg-compiled data show.

The curtains will come down on the Congress' Bharat Jodo Yatra on Monday with a ceremony at the party headquarters here and a rally at the Sher-e-Kashmir stadium where several Opposition leaders are also likely to be present.

The "padyatra" concluded at the Lal Chowk area on Sunday with Rahul Gandhi unfurling the national flag but the official closing would take place on Monday in Srinagar, which is witnessing snowfall.

India's Adani Group issued a detailed riposte on Sunday to a Hindenburg Research report that sparked a $48 billion rout in its stocks, saying it complies with all local laws and had made the necessary regulatory disclosures.

The conglomerate led by Asia's richest man, the Indian billionaire Gautam Adani, said last week's Hindenburg report was intended to enable the U.S.-based short seller to book gains, without citing evidence.

The Bengaluru civic body has issued a notice prohibiting the sale of non-vegetarian dishes within 10 km of the Yelahanka Air Force Station in view of the Aero India 2023.

The Bruhat Bengaluru Mahanagara Palike (BBMP) issued a notice to restaurants and proprietors of meat stalls near the Yelahanka Air Force Station to stop the sale of meat and non-vegetarian dishes from January 30 to February 20.

Union Home Minister Amit Shah's visit to poll-bound Karnataka is giving impetus to BJP's poll preparedness in the state, Chief Minister Basavaraj Bommai said here on Saturday.

Talking to reporters, the Chief Minister stated that Shah will be touring across the state. "He plays an important role whenever there is an election. Earlier, he had visited Mandya in south Karnataka and is now in Kalyan Karnataka region.

Delhi recorded a minimum temperature of 6.1 degrees Celsius, three notches below the normal, the India Meteorological Department said on Saturday.

The maximum temperature in the city is expected to settle at around 22 degrees Celsius.

The weatherman has forecast mainly clear skies during the day and becoming partly cloudy towards evening or night.

The Congress on Friday called for an investigation after a US-based research firm in its report raised concerns about the possibility of shares of Adani Group companies declining from their current levels owing to high valuations.

"But in an era of globalisation of Indian businesses and financial markets can Hindenburg-type reports that focus on corporate misgovernance be simply brushed aside and dismissed as being "malicious"? We fully understand the close relationship between the Adani Group and the current government.

Hyderabad will host a two-day inception meeting of the Startup 20 Engagement Group, set up under India's G20 presidency, from Saturday.

G20 is a grouping of developed and developing nations. India is holding its presidency for this year.

Startup 20 is an important engagement group and Hyderabad has a culture of innovation, G20 Sherpa Amitabh Kant told reporters on Friday.

BYD India, a subsidiary of Chinese vehicle manufacturer BYD is bullish on the evolution of the passenger electric vehicles (EV) market in the country and will come out with another model this year.

Sanjay Gopalakrishnan, senior vice-president of the passenger EV business of BYD India, said the company has sold 700 EV cars of a single model in 2022 and expects to sell 15,000 units of three models in the current calendar year.

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