Page 194 - Bs Reporter

Hitachi Payment, BharatPe get RBI nod to operate as payment aggregators

In-principle approval takes firms closer to offering to digital financial services to clients

5-judge Constitution Bench starts hearing Delhi vs Centre power dispute

State list is like concurrent list for Delhi, observes CJI Chandrachud

NRE/NRO accounts with international mobile numbers can now use UPI

The UPI ecosystem members have to comply with NPCI's directions by April 30, 2023

Car services firm Park+ raises Rs 140 cr in funding for business expansion

App helps in finding parking, tracking challans, recharging FASTag, car maintenance

Brick&Bolt raises $10mn in funding round co-led by Accel, Celesta Capital

Construction services start-up will use the funding for technology, business expansion

Employee union urges Bank of Maharashtra to hike rates on term deposits

Company is losing balances in savings as well as fixed deposits to competitors, it says

No compromise on decency: I&B Ministry issues advisory to TV channels

The advisory has been issued after several instances of lack of discretion by television channels were noticed by the ministry

HDFC Capital achieves $376-mn initial close for scheme 2 of H-CARE 3

H-CARE 3 Scheme 1 & 2 and HDFC Capital Affordable Real Estate Funds - 1 & 2 have created a US$3.1 billion funding platform

Citibank upgrade lifts metal stocks; Nalco and SAIL shares gain

The BSE Metal Index rallied 1.5 per cent, outperforming the benchmark Sensex which rose 1.41 per cent

Supreme Court asks Attorney General to assist in religious conversions case

A bench of Justices MR Shah and CT Ravikumar slammed the Tamil Nadu government for their opposition to a new plea asking for an investigation by NIA

Fino Payments Bank ups interest rate on savings deposit to 5%

In addition to the hike in interest, the bank's customers will also get monthly interest pay-outs on their balances.

Supreme Court asks Centre to pay arrears under OROP till March 15

Work of tabulating 2.5 million pensioners completed, attorney general tells court

Kerala says Year of Enterprise project fetched Rs 7,200 cr investment

Project created 256,140 jobs and overshot targets set, says state government

Meta appoints former Tata CliQ CEO as global business head in India

Vikas Purohit will lead the company's business vertical teams, agency teams, and business solutions teams

Food brand Whole Truth raises $15mn in series B led by Sequoia Capital

Company will use money for expanding manufacturing, hiring and retail distribution

Paytm Payments Bank gets RBI nod for Surinder Chawla as new MD and CEO

Chawla is a veteran banker with over 28 years of experience across institutions such as HDFC Bank, RBL Bank, ABN Amro Bank, and Standard Chartered Bank

Nasdaq-listed ODP Corporation selects HCLTech as primary IT partner

HCLTech will be ODP's IT partner for end-to-end IT operations and enterprise-wide digital transformation

Madras HC upholds Singapore arbitration award against Shriram Group firm

Court permits enforcement of award of about Rs 195 crore plus interest

This is India's moment to shine, says Microsoft CEO Satya Nadella

I feel this is India's moment. India is taking the lead to contribute towards not just digital technology, but policy as well. I think that story needs to be written so that everyone else can benefit

Sebi extends relaxation on dispatching hard copies of financial statements

Sebi's extension comes after Ministry of Corporate Affairs has also provided similar relaxations to companies dispatching physical copies of financial statements