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Paytm Payments gets govt nod; can now resubmit its PA application

The company said that, in the meantime, PPSL will continue to provide online payment aggregation services to existing partners.

10-minute delivery to become BigBasket's default option: CEO Hari Menon

This is much higher than Blinkit's 25,000 SKUs and Zepto's 10,000 SKUs. Zepto has stated that it intends to increase SKUs on its platform to 20,000 before the festive season begins

CDSL pays Rs 1.3 cr to settle allegations of violation of Sebi directives

Stock broker Groww on Tuesday announced safeguards and measures to protect F&O traders from potential losses, making it one of the firsts to implement curbs at broker level

YES Bank removes financial market head Amit Surekha with immediate effect

Sources in the bank said the development does not have any bearing on the financial aspects of the bank. "It was a human resources department decision," a source said

TCS launches Pace Studio in Philippines to drive digital innovation

TCS Pace Studio in Manila, the fifth of its kind globally, is part of an extensive innovation ecosystem of TCS Pace spanning major global cities

Bajaj Finserv, Bajaj Finance shares gain ahead of mortgage arm IPO

Special shareholder quota for Bajaj Finserv, Bajaj Finance shareholders

UltraTech Cement raises $500 mn through sustainability-linked loans

The company added that the transaction marks the second sustainability-linked financing raised by UltraTech, following its inaugural sustainability-linked bond issuance in 2021

HCLTech extends partnership with Xerox in AI and digital engineering

Xerox and HCLTech started their partnership in 2009 with a focus on product engineering and IT and process support services

Raymond Lifestyle expands board size to 10 members ahead of listing

RLL, a branded textile and apparel company, is expected to list in early September. The company was hived off from Raymond last month

Amazon Pay UPI surpasses 100 million customers, marking a major milestone

Amazon Pay UPI has become a significant success, said the company, streamlining transactions both on the Amazon.in shopping app and across a wide range of external platforms

Trent, BEL to be added to Nifty 50 from Sep 30; Banga sells 1.43% in Nykaa

Index provider NSE Indices on Friday announced fashion retailer Trent and state-owned Bharat Electronics (BEL) will replace Divi's Laboratories and LTI Mindtree in the flagship Nifty 50 index

What US Fed does today, world central banks need not do tomorrow

The trend of central banks following their American counterpart's lead is not always certain

PGIM India MF launches multicap fund; Axis MF floats consumption fund

Axis Mutual Fund on Thursday announced the launch of a consumption fund which will invest in firms across sectors like FMCG, consu­mer discr­etionary, retailing, auto, and realty

Fashion retailer Trent shares jumps over 3% ahead of Nifty rejig

Trent's addition to Nifty will take the total count of Tata group stocks in the 50-share index to six

TVS launches new Jupiter 110; targets over 12% growth in scooter segment

At present, the industry is growing at a rate of 8 per cent, and TVS Motor is growing at a rate of 12 per cent

Wipro extends relationship with John Lewis Partnership for 4 years

As part of this engagement, Wipro FullStride Cloud will extend JLP's current cloud infrastructure, network, and end-user services for another four years

Opkey raises $47 million in Series B funding led by PeakSpan Capital

Opkey is also expanding its engineering and AI research teams at its Noida and Bangalore R&D centres to develop a category-defining product

Cement sector to invest Rs 1.25 trillion as capex by FY27: CRISIL

The agency said an analysis of 20 cement makers, accounting for over 80 per cent of the industry's installed cement grinding capacity as of March, indicates the stated capex combined

Former Tech Mahindra India President Mitra launches a new venture

Humanize is a GenAI-first SaaS venture that also integrates low code/no code solutions

Baroda BNP Paribas MF starts dividend yield fund for steady returns

Private equity firm General Atlantic has exited PNB Housing Finance, selling its entire 5.13 per cent stake in the company on Wednesday