PhonePe on Friday said it has got the final authorisation from the Reserve Bank of India (RBI) to operate as an online payment aggregator. With RBI authorisation in place, PhonePe will be able to expand its reach and tap into
Benchmark BSE Sensex declined by 387 points on Friday, snapping its three-day gaining streak due to profit-taking in blue-chip shares HDFC Bank and ICICI Bank. Photograph: Francis Mascarenhas/Reuters The 30-share BSE Sensex tanked 387.73 points or 0.47 per cent to
India’s entry-level 5G smartphone segment, typically held to be those priced below Rs 10,000, is set to bustle in the upcoming festival season as brands like HMD, Poco, and Lava launch their products. Photograph: Kind courtesy, Poco India Industry insiders
In a big boost to tycoon Gautam Adani, markets regulator Sebi on Thursday cleared the billionaire and his group of stock manipulation allegations made by US short-seller Hindenburg Research, saying fund transfer between group companies did not fall foul of
Leading FMCG companies have announced a price cut on their products, including soaps, shampoo, baby diapers, toothpaste, razors, and after-shave lotions, effective from September 22 to extend the GST rate cut benefits to consumers. Photograph: Mukesh Gupta/Reuters Firms such as
Maruti Suzuki India on Thursday announced a reduction in prices of its entire model range by up to Rs 1,29,600 from September 22 to pass on the GST rate cut benefit to customers. Photograph: PTI Photo from the Rediff Archives
Delhi-based pharma major Mankind Pharma on Wednesday announced a collaboration with OpenAI to institutionalise artificial intelligence (AI) across its value chain, making it one of the first few Indian pharmaceutical companies to fully integrate advanced AI into its core operations.
TVS Motor Company on Wednesday said it has partnered with connected lifestyle brand Noise for electric vehicle-smartwatch integration to enable riders to connect with their vehicles. Photograph: Kind courtesy, TVS Motor This integration connects the TVS iQube electric scooter with
The country’s largest lender State Bank of India on Wednesday announced the completion of the divestment of about 13.18 per cent stake in Yes Bank to Sumitomo Mitsui Banking Corporation of Japan for Rs 8,888.97 crore. Photograph: Danish Siddiqui/Reuters State
Online trucking platform BlackBuck co-founder & CEO Rajesh Yabaji on Tuesday said that the company has decided to move out of its current location at Bellandur on Bengaluru’s Outer Ring Road (ORR), citing commuting and road infrastructure issues. IMAGE: The
