Search Results for: UPI Transaction

India Inc. goes for cost optimisation amid slowdown in economy

The Indian economy grew at a five-year low of 5.8 percent in the quarter ended March 31st, as per the latest government data.

Jul 30, 2019

Government intervenes to save IndiGo from Jet Airways-like crash landing

All you wanted to know about the trouble in India's biggest airline IndiGo

As largest shareholder Rahul Bhatia is consolidating his hold over the country's largest airline IndiGo, here are the details of his tiff with the second largest shareholder Rakesh Gangwal

Jul 29, 2019

Account Aggregator to make funding seamless in India

The account aggregator will obtain data from multiple service providers and deliver it via consent-based channels to financial information users.

Jul 29, 2019

Should we worry if WhatsApp shared payments data with Facebook?

Government is trying to ensure that Mark Zuckerberg's social media platform Facebook does not access data from group entity and chat platform WhatsApp that is set to launch a payments service anytime now.

Jul 27, 2019

$1 billion for Intel's 5G business, why is Apple crazy about it?

Apple is planning to produce its own 5G cellular modems in the next three years. It acquired the cellular modem production rights from Intel.

Jul 26, 2019

Cars24 procures NBFC licence from RBI to offer loans against used cars

Cars24, a used car buying and selling platform, will facilitate vehicle loans to customers as well as finance channel partners to help them expand their businesses.

Jul 25, 2019

Ericsson may lose Rs 580 crore won from Anil Ambani-led Reliance Communications

The consortium of lenders took a decision to send a formal word to Ericsson in a recent meeting of RCom's committee of creditors and consortium of lenders led by the State Bank of India (SBI).

Jul 23, 2019

US-based Ebix buys travel portal Yatra for Rs 2,323 crore

The transaction will close by the fourth quarter of this year. Yatra will continue to function independently after the completion of the deal.

Jul 19, 2019

Ritesh Agarwal sets up RA Hospitality in Cayman Islands to drive Oyo funding

Agarwal has been in talks with Japanese financial services firm Nomura for a fresh funding of about $1.5 billion.

Jul 18, 2019

digital payments, online shopping, digital india, payu india, lazypay

More trouble for PayU as India MD & Co-founder Shailaz Nag quits

Shailaz Nag is quitting PayU to look for more opportunities in the payments space.

Jul 12, 2019

Budget 2019: Petrol, diesel price to rise by Rs 2/litre after the cess hike

The finance minister Nirmala Sitharaman has proposed to increase the Special Additional Excise Duty (SAED) as well as Road and Infrastructure Cess by Re 1 per litre on automobile fuels.

Jul 5, 2019

paytm, freecharge, paytm to acquire freecharge, snapdeal acquires freecharge, indian fintech companies, digital payments, digital wallet

Rs 15 charge for net banking transactions? Paytm nixes reports

Some of the merchants, including educational institutes and utility service providers, do not absorb the credit card charges and pass on these charges to the customers.

Jul 1, 2019

Deutsche Bank, Deutsche Bank headquarters in Frankfurt, Germany

Why is Deutsche Bank planning to cut 20,000 jobs?

Deutsche Bank has seen a significant 3,900 job cuts in the first quarter and a total of 7,000 job cuts since CEO Christian Sewing took over last year.

Jul 1, 2019

IMA director Mansoor Khan with Minister BZ Zameer Ahmed in an iftaar party.

ED to question Karnataka minister Zameer Ahmed over IMA scam

BZ Zameer Ahmed had sold one of his properties to Mohammed Mansoor Khan back in 2017 and the officials have issued the notice to know more about his dealings with the IMA chief.

Jun 29, 2019

India scraps $500 mn arms deal with Isreal after DRDO promises to 'Make in India'

Israel authorities were informed by the Indian officials about the contract being annulled in favour of DRDO as it claimed that with a partnership with VEM technologies Ltd, it would develop a similar missile at a lower price.

Jun 24, 2019

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