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P&W engines' issue to have 'minimal' impact on Indigo's fleet: DGCA

IndiGo is the largest customer of the A320 planes and the aircraft are powered by P&W engines

Cashfree Payments sees 57% growth in processing user identity verification

The company further added that it processes over 1 million verification requests daily, reducing operational time by 85 per cent and costs by 75 per cent

IiAS raises question on Vijay Shekhar Sharma's promoter status in Paytm

IiAS has asserted that the deal not only demonstrates investors' faith in Sharma but also highlights regulatory gaps in the definition and distinction between a founder and a promoter

Simpl launches AI-enabled Checkout Suite to eliminate CoD by 2028

The company said six out of ten orders placed online results in losses for its merchants

Fintech platform MobiKwik reports first ever consolidated PAT at Rs 3 crore

To double its revenue in fiscal 2024 to Rs 1,100cr

Indian fintech sector: A resilient green shoot of the start-up ecosystem

India maintained its position as the third-highest funded fintech industry globally, following the US and UK, similar to last year

Airtel Payments Bank launches r-PVC-based eco-friendly debit card

Producing these eco-friendly debit cards will also diminish petroleum consumption during manufacturing, cutting hydrocarbon usage by 43 per cent

PwC resigns as Paytm Payments Services' auditor, SR Batliboi appointed

Paytm added that the statutory auditors have not raised any concerns or issues and that the company has noted PwC's resignation

Paytm founder set to acquire 10.3 per cent stake in the company from Antfin

The no-cash deal will make Sharma the largest shareholder in the company

Dharavi redevelopment: Residents welcome move, but have no clue about plan

Many are also concerned about their livelihood after relocation

Cashfree Payments rebrands Zecpe, a one-click checkout platform, as Ecom360

Ecom360 aims to address core problems of D2C businesses by improving checkout and payment processes

Fintech company CRED launches RuPay credit card-based UPI payments

According to CRED, this initiative will benefit banks and merchants through increased consumption and inclusion in the credit ecosystem

Akasa Air adds 20th aircraft to fleet, qualifies for international ops

Indian regulations mandate that carriers must have at least 20 aircraft in their fleet to be eligible for international flights

Prosus to sell part of PayU to Rapyd for $610 mn, retain India business

Prosus-backed PayU to focus on the large payments and fintech in India

KredX to disburse Rs 2,000 cr in working capital for MSME sector

Tier-two cities expected to have 35% growth in demand for such financing compared to last year, says firm

Indigo fined Rs 30 lakh for tail strikes, DGCA find 'systemic deficiencies'

Airline's reply to show-cause was unsatisfactory, says aviation regulator

AirAsia India gets nod to operate under 'Air India Express' brand

The process to change the livery of AirAsia India's 27 aircraft to match Air India Express' aircraft is under progress, according to media reports

Air India to launch Delhi-Dhaka direct flight from September 15 this year

Passengers can book tickets for this route on Air India's website, mobile app, and travel agents

Crypto exchange CoinSwitch lists holdings after its second POR report

This signifies that the company maintains a holdings ratio of 1:1 or more, meaning that it holds all user assets and fiat balances

Global aviation will need 2.3 mn new personnel in 20 years: Boeing study

Commercial aircraft fleets will double in 20 years, says US plane manufacturer in forecast