Page 32 - Ajinkya Kawale

WazirX creditors quiz founder, legal team on firm restructuring in townhall

Investors raised their concerns about losing out on a potential bull run in Bitcoin prices in the next six months

Paytm appoints DS Rathore as CTO, outgoing executive named 'AI Fellow'

The Noida-based company's outgoing CTO Manmeet Singh Dhody has been 'transitioned' to a new role as AI (artificial intelligence) fellow of the fintech major

Tier II, smaller cities consuming over 80% credit: Google Pay exec

At 10th edition of Google for India, fintech major announced credit partnerships with two lenders: Aditya Birla Finance Limited for unsecured loans and Muthoot Finance for gold-backed secured credit

Since the year pandemic hit, average daily UPI transactions up over 8x

In September 2024 alone, UPI processed 15.04 billion transactions, valued at Rs 20.64 trillion

NBBL introduces national pension system on Bharat Connect platform

With this partnership, individual investors will be able to contribute to existing NPS accounts with the help of Bharat Connect-enabled platforms

Rediff.com appoints Vishal Mehta as chairman and managing director

Mehta is also the chairman and managing director at Infibeam Avenues

BharatPe settles longstanding dispute with former co-founder Ashneer Grover

Grover will neither be associated with BharatPe nor be a part of its shareholding

Fintech firm Cred's revenue rises 66%, losses decline to Rs 609 crore

The Bengaluru-based company reported a 66 per cent increase in revenue to Rs 2,473 crore in FY24 from Rs 1,484.6 crore in the previous year

Smart plans and rising use-cases drive small UPI companies' growth

Smaller players on the UPI leaderboard, such as Navi, Groww, and MobiKwik, have shown remarkable year-on-year (Y-o-Y) growth

Sought and wooed: Technology skills employers want around the world

India is among countries making the greatest demand for data analytics from their workforces

NIPL, Trinidad and Tobago ink agreement to develop UPI-like payments system

The partnership follows a series of recent announcements NIPL has made regarding the global expansion of UPI and associated rails

IndiGo appoints Isidro Porqueras as COO, succeeding Wolfgang Prock-Schauer

Outgoing COO Prock-Schauer is retiring after leading the airline's operations for over seven years. He is one of the longest serving expats in Indian aviation who has previously led operations in now

SpiceJet clears salary dues days after raising Rs 3K crore through QIP

The domestic passenger market share of the airline had shrunk to just 2.3 per cent in August this year, as per the latest data released by the Directorate General of Civil Aviation (DGCA)

Singapore court grants 4-month moratorium to WazirX after $230 mn hack

Thankful for the court's decision, it will allow us to focus on our path to resolution, recovery and restructuring, says Nischal Shetty, co-founder, WazirX

Fintech loan disbursements decline in volume and value in Q1FY25: Report

The signs of a slowdown in disbursements come nearly one year after the Reserve Bank of India (RBI) hiked risk weights on unsecured loans

Heavy rains create havoc in Mumbai, disrupt airport ops; IMD issues alerts

Schools and colleges were directed to shut on Thursday following heavy rains in the city

What ails financial institutions when it comes to tackling data security?

Financial institutions are increasingly vulnerable to data security risks due to their dependency on external service providers, limited cybersecurity budgets, and poor implementation standards

Indian startup funding dips 7% to $7.6 billion in first nine months of 2024

Funding rounds declined to 1,036 from 1,579 during the same period, according to data from market intelligence platform Tracxn's India Tech 9M 2024 report

Cong raises alarm as SBI decides to pick equity in debt-laden infra firm

Promoted by the Bhawanishankar H Sharma family, Mumbai based Supreme Infrastructure has been a loss-making company for a decade now.

M2P Fintech raises Rs 850 crore in series D, valuation at Rs 6,550 crore

The capital raised in the latest funding round will be utilised to strengthen its operations in India and grow its international footprint, particularly in Africa, the company said