Ola Consumer achieves free cash flow positive in H2 FY26 after restructuring. Focus on ride-hailing, subscriptions, and new revenue streams. New Delhi, May 8 (PTI) India’s oldest cab aggregator, Ola Consumer, has turned free cash flow positive in the second half (H2) of FY26, according to people familiar with the matter. The development comes as…
Ola Consumer achieves free cash flow positive in H2 FY26 after restructuring. Focus on ride-hailing, subscriptions, and new revenue streams. New Delhi, May 8 (PTI) India’s oldest cab aggregator, Ola Consumer, has turned free cash flow positive in the second half (H2) of FY26, according to people familiar with the matter. The development comes as…
HDFC Bank has announced that Unified Payment Interface (UPI) based cash withdrawals at its ATMs will now be counted within the monthly free ATM transaction limit. This will be effective from April 1, 2026. Note that once the HDFC Bank free transaction limit is exceeded, charges will be applicable.From April 1 onwards, UPI cash withdrawals…
AI-generated image used for representation (Source: ChatGPT) Islamic Nato in the making? Turkey is seeking to join a defence alliance between nuclear-armed Pakistan and Saudi Arabia, this can be seen as an effort in direction to reshape security alignments in the Middle East region and beyond, as Bloomberg reported.The pact, initially signed by Pakistan and…
NEW DELHI: The Supreme Court on Thursday reserved its decision on a plea filed by Allahabad high court judge Justice Yashwant Varma, challenging the validity of a parliamentary committee probing corruption charges against him. The case relates to the recovery of a large sum of cash from his official residence last year.The apex body has…
Unconditional cash transfers (UCT) to women have rapidly evolved from a political novelty to a significant welfare pillar in India, expanding from one state in 2020 to 15 states currently. The annual outlay for these programs has surged from Rs 1,600 crore in 2020 to an estimated Rs 2.46 lakh crore by 2025, a scale…
PM Shahbaz Sharif announces cash reward for U19 Asia Cup winners Pakistan Prime Minister Shahbaz Sharif announced a big cash reward for the country’s Under-19 cricket team after their Asia Cup win on Sunday. On Monday, he hosted a special reception for the players and officials in Islamabad. During the event, he announced a cash…