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Mobile payments and loans start-up ftcash has tied-up with ICICI Bank to launch the Unified Payment Interface (UPI) platform for merchants to make payments easier for them.
"ftcash, backed by IvyCap Ventures, is the first fintech startup to launch UPI for merchants in association with ICICI Bank. Now you can pay a vegetable vendor who sells on the sidewalk or your newspaper vendor using UPI," the company said in a release.
It is a virtual point of sale (POS) for micro-merchants to accept payments through credit cards, debit cards, wallets such as Freecharge, Mobikwik, PayPal.
"UPI is the latest addition to this open architecture platform," it added.
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NTPC,NRDC partner for commercialisation of patents * NTPC has signed a pact with National Research Development Corporation for exploring commercialisation of patents, IPRs and technology know-how developed by NTPC-NETRA.
"NTPC has entered into a Memorandum of Agreement (MoA) with NRDC for exploring the commercialization of patents, IPRs and technology know-how developed by NTPC-NETRA and their transfer to industry for commercial exploitation and for socio-economic benefits," the company said in a statement.
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NTPC, Tata Power ink pact for cooperation * NTPC's Power Management Institute (NTPC-PMI) and Tata Power have entered in a pact for providing learning and training for enhancing competencies and skills of the employees of the Tata group company.
The objective of the MoU is to provide an assured framework for cooperation between both the organisations, NTPC said in a statement.
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OPGC wins Gold Award at Asian Power Awards * Odisha Power Generation Corporation Ltd (OPGC) has won the 'Gold Award' in the category "Power Plant Upgrade of the Year", a company release said here today.
OPGC was honoured with the prestigious award in Asian Power Awards Night 2016 held in Seoul on Wednesday.
OPGC earned this award for its innovative plant upgrade named "Pressure Reducing and De-Superheating System" (PRDS).
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)