Page 48 - Ajinkya Kawale

Crypto players see surge in activity after crackdown on global companies

The Financial Intelligence Unit (FIU) under the finance ministry issued the show cause notices to VDA platforms like Binance, the largest cryptocurrency exchange, and Kucoin last month

CredAble records a two-fold increase in loan disbursements in 2023

The company plans to raise $50-75 million by June this year in its series C round

Scindia revises timeline for Navi Mumbai airport launch to March 2025

Adani Group, the parent company of Navi Mumbai International Airport, had earlier stated that the airport was on track to start commercial operations by December 2024

Indian crypto firms welcome US SEC approval for bitcoin ETF, draw hope

US regulator's decision will create 'new era' of crypto asset adoption, they say

SpiceJet gets shareholder nod to raise Rs 2.2K cr by issuing equity

Mahapatra family now owns 21.94 per cent shares in SpiceJet; Ajay Singh's shareholding reduces from 56.48 per cent to 38.55 per cent

NPCI expands UPI's linkage with Singapore's PayNow: Check details here

Currently, users of mobile-based applications such as Bharat Interface for Money (BHIM), PhonePe, and Paytm can access the service

Nine out of 10 MSMEs expect to make profits this year, says report

Many companies plan to increase hiring and most expect they will need loans

SpiceJet plans to launch flights to Lakshadweep and Ayodhya soon

Lakshadweep has one operational airport on Agatti Island, 90 minutes away from Kochi. All domestic flights to the island are routed through Kochi

Paytm to invest Rs 100 cr in GIFT City to build global payments system

Service will 'reduce friction' in cross-border remittances, says fintech company ahead of Vibrant Gujarat summit

Budget 2024-25 wishlist: Indian crypto players seek tax cuts to spur trade

Companies have urged the government to treat income gained from virtual digital assets (VDAs) at par with that derived from capital assets

Maldivian tour operators panic as Indians cancel flight bookings

The Maldivian Association of Travel Agents and Tour Operators (MATATO) has stressed that the Indian market is important to the success of the tourism sector in the Maldives

Infibeam Avenues inks MoU with Gujarat govt to invest Rs 2,000 cr by FY30

The company said it aims to develop its Artificial Intelligence (AI) Hub for developing AI technology for payments and platforms aimed at servicing retailers

SalarySe secures $5.25 million in seed funding from Peak XV Surge, Pravega

The company has plans to develop a tech stack for the credit-on-UPI (Unified Payments Interface) product and drive its adoption in the country with the latest round of funding

48 hrs weekly rest, only 2 night landings in rules to avoid crew fatigue

The revision in FDTL regulations is expected to influence flight schedules and may result in certain implications when it comes to operating costs, aviation sources said

Diplomatic row leads Maldivian storm spread to travel, trade, celebland

As #BoycottMaldives trended, a travel technology firm decided to indefinitely suspend all flight bookings to the island nation. Meanwhile, searches for Lakshadweep shot up manyfold

Merger into Air India likely by mid 2025, says Vistara CEO Kannan

Kannan emphasised that the airline is cash flow positive and will not require any capital infusion from its stakeholders in the near future

Interim Budget 2024-25: Funds to boost reach on fintech industry wishlist

They hope for provisions to ease financial burden on fintechs and tax-saving benefits to startups

To cut a web of frauds, India needs to strengthen security systems

Job scams, Ponzi schemes, blackmail are increasing: Here is what can be done to protect people

Mobikwik refiles draft papers as it trims IPO size down to Rs 700 cr

Earlier in 2021, it had targeted to raise Rs 1,900 cr but withdrew due to weak market conditions

Large merchants may have to pay reasonable fee on UPI payments: NPCI chief

NPCI chief says move may bring in other players