Mastercard’s swipe makes Pine Labs 1st unicorn in 2020
Pine Labs will work with Mastercard to deliver a range of card and real-time payments.
CC Thampi to stay in ED Custody for four more days
Opposing further custodial interrogation, Thampi’s lawyer Raju Ramachandran said that the ...
Sebi urges SC to allow IHH open offer for Fortis
Sebi has urged SC to allow IHH Healthcare to proceed with an open offer for Fortis Healthcar...
Gender games: Too many men, too little change
Sebi (Securities and Exchange Board of India) made it compulsory for companies to have at least one independent woman director on the board of listed companies. Till April 6, 2019, 51 of the top 500 NSE-listed companies had not appointed a woman independent director, numbers from Prime Database showed.
Credit Suisse buys Indiabulls Housing shares worth Rs 72 crore
As per the bulk deal data on NSE, 22,36,394 shares, representing 0.52 per cent of the total shares of Indiabulls Housing Finance, were bought by Credit Suisse.
Sonata Software Q3 profit rises 18% to Rs 76 crore
The company’s international IT services business reported revenues of Rs 330 crore, up 6% sequentially.
Without merchant fees, banks say they can’t reimburse payment companies
At the centre of this demand is Delhi’s decision to remove the MDR for all digital transactions.
New India Assurance settles insider trading case with Sebi, pays over Rs 62 lakh
New India Assurance paid Rs 62.68 lakh to settle the case through settlement procedure.
Zomato acquires Uber Eats in an all-stock transaction
The all-stock transaction will give the US-based ride-hailing company about 10% shareholding in Gurgaon-based Zomato.
BPSL's ex chairman Sanjay Singal gets bail in money laundering case
While granting bail, the court recorded differences between details of the probable and actual proceeds of crime submitted by the Enforcement Directorate (ED). Singal was arrested on November 23. The court had denied him bail last month.
Stark difference between probable & actual proceeds of crime attached by ED gets Sanjay Singal bail
The Court has recorded the stark difference between the probable proceeds of crime and the actual proceeds of crime attached by the Enforcement Directorate (ED).
Coffee Day hits 5% upper circuit limit as co sells Way2Wealth Securities
The transaction may fetch Coffee Day Enterprises about Rs 30 crore, people briefed on the matter said.
Koreans take greater charge of Samsung India's financial transactions
Samsung India is currently undertaking multiple initiatives to boost profit which declined three-fifths in the past two fiscals due to the price war it entered with Chinese companies like Xiaomi, OnePlus, Oppo and Realme in smartphones and televisions. In FY19, Samsung India’s net profit was Rs 1,540 crore, down from its recent peak of Rs 4,156 crore in FY17.
Coffee Day to sell Way2Wealth Securities to Shriram Group
The transaction may fetch Coffee Day about Rs 30 crore, people briefed on the matter said.
Nandan Nilekani-backed ShopX sees $1 billion GMV this fiscal
ShopX currently operates across 460 towns, processing about 20,000 transactions daily. The company enables merchants and small retailers to connect with brands through its platform, bringing down their supply chain costs by 40-60%, Amit Sharma, CEO, ShopX said. It also provides digital payment options and a loyalty programme to retailers.
Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service