Ajinkya Kawale

New digital metals SRO eyes ministry recognition, to frame policy framework

The industry body is framing a code of conduct, audit norms. and customer protection standards while seeking formal recognition from ministries, said Chairperson Nirupama Soundararajan

Nazara posts 3x jump in profit to ₹47 crore, even as revenue dips 23.5%

Nazara's revenue from operations, however, declined 23.53 per cent to Rs 397.78 crore in Q4FY26 from Rs 520.2 crore in Q4FY25

Mobikwik reports ₹4.4 cr net profit, revenue from ops up 7.8% in Q4

MobiKwik returned to profitability in the fourth quarter of FY26 as lower expenses and reduced payment processing costs supported margins amid stable revenue growth

Fintech firms form SRO to boost trust in digital precious metals market

Digital gold and silver platforms have formed a self-regulatory body to improve governance, transparency and consumer protection amid regulatory uncertainty

Not applying for NBFC licence, focus on distribution, says Paytm CFO

Company will instead focus on existing model of credit distribution, in partnership with other lenders

Paytm posts net profit of Rs 184 crore in Q4, revenue rises 18.4%

One97 Communications reported a consolidated net profit of Rs 184 crore in Q4 FY26, supported by higher revenue and controlled indirect expenses

NPCI explores agentic AI layer for faster UPI compliance cycles

Currently, banks require four to eight weeks for certification with UPI's operating circulars (OCs) that NPCI releases from time to time

Multiple states roll out independent AI policies to drive investment, jobs

Maharashtra joins five states with AI policy as others roll out funds, skilling plans and frameworks to drive investment, innovation and public service delivery

Fino Payments Bank Q4 results: Profit decline 70% to Rs 7.1 crore

Fino Payments Bank reported a sharp decline in Q4 FY26 profit and revenue, with other income falling amid operational challenges during the quarter

Sahamati raises ₹50 crore from over 30 firms to boost digital finance infra

The association said that the investment round represents an industry commitment to building a regulated digital public infrastructure layer for consent-based financial data sharing

Metasports Interactive raises $20 million to fund user acquisition

Gaming firm Metasports Interactive secures $20 million from Metica to scale user acquisition and drive global expansion of its cricket game Hitwicket

MobiKwik's NBFC arm likely to launch operations in 2026: Upasana Taku

MobiKwik gets RBI nod for NBFC arm, plans lending launch in 2026; move to boost fintech stack, expand credit offerings, and tap co-lending opportunities

Paytm's wallet sees a shake-up as RBI cancels payments bank licence

Company claims no material impact despite cancellation of payments bank's licence

Pine Labs acquires Shopflo in ₹88 crore deal to expand D2C ecosystem

Acquisition of checkout platform Shopflo aims to strengthen Pine Labs' full-stack commerce offering and deepen engagement with D2C merchants across online and offline channels

AI push deepens layoffs as Big Tech cuts workforce, trims hiring globally

Meta plans to cut 8,000 jobs and shut 6,000 open roles globally; Microsoft offers voluntary retirement to 7% of US workforce

RBI cancels Paytm Payments Bank licence; cites governance lapses

Regulator cites governance concerns; says bank has sufficient liquidity to repay all deposits upon winding up and will approach High Court

New online gaming rules to distinguish e-sports, real-money games: Industry

Industry players say PROGA rules will help distinguish e-sports from real-money gaming, curb proxy platforms, and bring regulatory clarity, though some gaps remain

Lightfury raises $11 mn; Dhoni, Bumrah join gaming startup captable

Bengaluru-based AAA gaming studio secures funding from VCs and Indian cricketers as it prepares to launch 'eCricket' and scale live operations

PayU is a bet on digital commerce in India, says CEO Anirban Mukherjee

PayU bets on UPI innovation, AI-led commerce and merchant solutions to drive next phase of growth as India's digital payments market evolves

RBI draft norms recast PPI rules, tighten limits and interoperability

RBI proposes new PPI norms to tighten risk controls, enable interoperability with UPI and cards, and streamline wallet classification