LiveNPCI Strengthens RuPay Contactless with New Features
The National Payments Corporation of India (NPCI) said that it has introduced the RuPay Contactless feature.These additional features will augment the overall transaction experience for the...
Category : BUSINESS
Vedanta to Raise $8 Billion for BPCL Bid
Anil Agarwal-led Vedanta group is looking to raise $8 billion via debt and equity as it prepares to make a bid to acquire Bharat Petroleum Corporation...
Instagram Rolls Out Testing of ‘Instagram Lite’ in India
Photo and video-sharing platform Instagram on Wednesday said that it is testing ‘Instagram Lite’ app in India, before it rolls out globally. Earlier, the company had tested...
Future Enterprises Reported Net Loss of Rs 320 Crore for Sep Quarter
Future Enterprises Ltd. (FEL) on Wednesday reported a consolidated net loss of Rs 320.56 crore for the quarter ended on September 30, 2020, due to lower...
Venture Catalysts Closes 102 Deals This Year
Early-stage investor Venture Catalysts Group (VCats) closed 102 deals this year compared with 63 in 2019, despite pandemic-led disruptions. The Mumbai-based investment firm runs an incubator...
PNB Falls 8%, QIP Floor Price Set at Rs 37.35 Per Share
Punjab National Bank (PNB)’s share was down as much as 8 per cent at Rs 37.25 after the state-run lender set the floor price for its...
Fiat Chrysler to Invest $150 Mn for Global Digital Hub in Hyderabad
Fiat Chrysler Automobiles on Wednesday announced that it has decided to invest $150 million to set up a new Global Digital Hub in Hyderabad. The new innovation and...
PhonePe Raises Rs 150 Crore From Parent Company
PhonePe has received Rs 150 crore from PhonePe Pvt Ltd, Singapore in funding, as per regulatory filings. PhonePe Pvt Ltd, Singapore (formerly Flipkart Payments Pvt...
Jio Accuses Airtel, Vi of Using Farm Protests to Port Out Users
Reliance Jio has reportedly complained to the Telecom Regulatory Authority of India (TRAI) against rivals Vodafone Idea (Vi) and Bharti Airtel. The company has sent a...
Oil Prices Hold as Investors Weigh Lockdown Against Vaccine
In the early Asian trading session, oil was little changed as investors weigh weak near-term fuel demand due to the tightened pandemic restrictions against distribution of vaccines...