Tiger Global-backed financial services firm Groww has completed the process of moving the domicile of its holding company from US to India, joining the list of top fintech firms moving their bases back to home country amid favorable economic policies and expanding domestic market."As of March 2024, Groww has completed its domicile transition back to India.
Open FlipThe Nifty has declined to levels last seen on March 20. It had given a brief close below 22,000 on April 18 as well, but staged a rebound soon after. On Thursday, the dip was swift and expiry-related pressures ensured that dip did not find buyers at lower levels. The fact that the index closed just 25 points away from the day's low, does not inspire much confidence either.
Open FlipTata Group-owned Indian Hotels Company Ltd (IHCL), which operates the Taj Group of hotels, on Thursday announced Ekyam, a new marketing platform that will manage a portfolio of 25 hotels and 2,500 rooms by the end of 2025.Ekyam will primarily manage properties across destinations that offer adventure experiences across the Indian Ocean, Greater Himalayan regions and wildlife escapes.
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