Page 50 - Ajinkya Kawale

DGV raises $6 million in funding round led by Omidyar Network India

Startup will use money to improve technology and expand business in states

Flights cancelled, airfares jump 52-171% as rainfall batters Chennai

Airfares on the Chennai-Hyderabad route saw the steepest increase of 171.5 per cent as airfares increased from Rs 5,925 to Rs 16,089

Fintech firm Amazon Pay launches sign language video KYC service

Company says it has trained more than 120 employees for the service and developed interactive modules

'Can no longer sustain': Grounded airline Go First CEO Kaushik Khona quits

Khona was appointed as the CEO of the no-frills airline in 2020 after the incumbent and current Akasa Air CEO, Vinay Dube, stepped down from the position

YouTube says it restricts misleading videos, removes harmful ones

Video sharing platform took down 2.07 mn videos in India, the most for a country, between April and June

PayU's PSP revenue up at $211 mn in H1FY24 on growth in existing merchants

The company added that India was one of its largest markets in the PSP business, contributing a share of around 48 per cent of its revenues

Fairbridge Capital to sell up to 8.5% stake in Thomas Cook India via OFS

The promoter will sell an additional 0.8 million shares, representing a 1.7 per cent stake, in case of oversubscription of the offer

GSPay by Gupshup sees 70% M-o-M growth in UPI123 Pay transactions

The company said the average ticket size of these payments stood above Rs 650, whereas transactions up to Rs 100 constituted 56 per cent of the total payments

BharatPe turns Ebitda positive in Oct, annualised revenue up Rs 1,500 cr

The company is aiming to achieve profitability for a complete fiscal in the upcoming year

Maharashtra's farmers thirst for a trickle of hope amid water crisis

Currently, numerous individuals across villages in the state are squarely dependent on external sources of water, such as tankers, to quench their drinking water needs

DLAI appoints Hemachandra, Prasad as independent directors to board

The appointment of independent directors will ensure stakeholder interests are represented and the association's operations are in compliance with relevant regulations, DLAI said

Fintechs may shift to secure products after RBI order on consumer loans

Central bank's directives not a complete surprise and will prompt sector to diversify business, they say

Travel credit card startup Scapia raises $23 mn to expand business

Company has zero joining and annual fees, provides 10% reward on every card transaction

Fintech start-up Kiwi raises $13 mn to expand credit on UPI offering

Kiwi has issued 25,000 credit cards until now and plans to have 0.5 million customers by the end of 2024

Airlines overcome pre-Diwali blues with jump in traffic, shows data

The previous peak was on April 30, with 456,082 domestic air passengers traveling in India

ICC Cricket World Cup: Ahmedabad airport sees surge in chartered flights

Many celebrities, including actors Shah Rukh Khan, Deepika Padukone and Ranveer Singh, and cricketer Sachin Tendulkar who attended the final, flew into the city on private chartered flights

Reduced risk of data breach the main benefit of tokenisation: Visa

A tokenised card transaction is safe as the card details are not shared with anyone, including the merchant, during the processing of a transaction

Would be wonderful to see India lift WC trophy on home soil: Air India CEO

India has marched its way to the finals after beating New Zealand in the semi-final episode of the Cricket World Cup, maintaining its streak of back-to-back victories in this cricket edition

IndiGo becomes first airline to have over 2,000 daily scheduled flights

Together, IndiGo and Tata group-airlines account for around 89 per cent of the total domestic aviation market in the country

ICC Men's Cricket WC final: Room tariff crosses Rs 1L, airfares soar 400%

The stage is set for a high-octane India-Australia finale at the Narendra Modi Stadium, and cricket enthusiasts are flocking to be part of the action