Tiger Global leads a $75 million Series E transaction in UrbanClap
This transaction was split into two parts which resulted in a share subscription by the investors and a secondary share sale by some early institutional investors.
Google Pay wants to make transactions more transparent, will now send SMS alerts to users
Google Pay also uses machine learning-based scam pr...
Rakesh Gangwal to back changes in IndiGo's AoA after concerns addressed
India’s biggest airline by market share currently has a board compris...
How to reset SBI net banking profile password
The profile password is usually used by a Net banking user to access his/her own profile details or to add a third party for transferring funds or to change the login password.
Large investors may sell 6.7% in LIC Housing Finance
The name of the sellers are not ascertained immediately.
Non-individual entities with high value transactions must apply for PAN by May 31
CBDT in its notification dated November 19, 2018, specified the deadline by which non-individual are mandatorily required to apply for PAN in case they do not possess one.
Sebi asks Hotel Leela to share details of transactions between firm, Brookfield and promoters
Sebi may also initiate adjudication proceedings against JM Financial ARC.
HC directs ED not to take coercive steps against Ratul Puri till August 20
The court also sought a response from the ED over a plea filed by Puri challenging the trial court's opposition to his anticipatory bail.
Nilekani-led committee recommends making all digital transactions to govt free
The report made recommendations to major regulators with the objective to reduce cash based payments.
Google Pay leads in UPI transactions by value
Google Pay clocked payments worth Rs 43,000-Rs 45,000 crore in March, ending the financial year on a high, according to two industry executives tracking the space.
UPI scores 87% transaction success rate this March
A success rate of more than 85% for UPI is ‘commendable’ given that cards are also in the range of 90%, top executives in the payments industry said.
Oyo founder Ritesh Agarwal set to raise stake to 30% in $2.2 billion transaction
Oyo boss is set to buy stake from Sequoia, Lightspeed and infuse $700 m in primary investment.
800 million transactions via UPI in March
While the number of transactions jumped 18.6% as against February, the amount of money transferred went up 25% compared to last month, the highest in the last six months.
RS Prasad exhorts CSCs to aim for transaction turnover of Rs 3 lakh crore in 5 years
CSCs act as access points for delivery of various services and there are 3.6 lakh such centres operating across the country today.
Govt eyes 40 billion e-transactions in FY20
For the financial year ended March 2019, the target was of about 30 billion digital transactions, of which 90-95% was met.
Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service