Cayman Islands: The inaugural season of the Max60 Caribbean League 2024 powered by Badshahcric witnesses twists and turns with every game. The league kicked off on a thrilling note on the 18th of August and has been on an upward trajectory since then. The 12th match witnessed a classic showdown
In their most recent attempt to secure the approval of the competition watchdog for the merger of Star India and Viacom18, Reliance Industries Ltd (RIL) and Walt Disney are reportedly considering proposing a two-year freeze on advertising rate cards to the Competition Commission of India (CCI). With an eye towards
A new feature called "Credit Line on UPI" has been introduced on PhonePe's platform. This feature gives customers the ability to link their pre-approved credit lines to UPI, which enables them to make payments without any hassle. Users now have the ability to control their monthly
Launching the PW School of Startups (SOS) under the PW Foundation, the edtech platform Physics Wallah (PW) has taken a giant leap forward in its goal to make education accessible to all students in India. By focussing on the development of entrepreneurial skills, PW SOS aims to close the gap
The super.money app, which is a credit-first UPI (Unified Payments Interface) payments gateway app developed by India's eCommerce giant Flipkart, intends to rapidly transition into a secured lending role in the next months. According to a press release issued by the fintech, the app had about one
A strategic alliance between PayU, a provider of digital financial services, and Amazon Pay Later will increase the availability of digital credit to millions of customers in India. The integration of Amazon Pay Later, a popular buy-now-pay-later (BNPL) service, into PayU's checkout infrastructure will allow online retailers to
Zomato, a platform for foodtech and rapid commerce, is going to buy out Paytm's movie and ticketing division. The deal has been in the works between the two businesses for three months now. Following Blinkit in June 2022, this is the first significant acquisition for the Gurugram-based startup.
After a bilateral meeting with Malaysian Prime Minister Anwar Ibrahim in New Delhi on August 20, Prime Minister Narendra Modi of India announced intentions to link the Unified Payments Interface (UPI) with PayNet. Modi announced the partnership at a joint news conference, where he also highlighted plans to connect the
On August 22, 2024, Pralhad Venkatesh Joshi, Union Minister of Consumer Affairs, Food and Public Distribution, and New and Renewable Energy, will lay the foundation stone of the Electric Vehicle (EV) Testing Facility at the National Test House (NTH) RRSL Camp in Bengaluru. A regional centre is being established in
To participate in the Production Linked Incentive (PLI) programme for vehicles and auto parts, Ola Electric's S1 X escooter models (3 kWh and 4 kWh) have earned the domestic value addition certification (DVA). According to a media report, the business has announced that their escooters have achieved the
A renowned non-banking finance company (NBFC), L&T Finance, has just announced its strategic push into the co-lending industry. This foray is being made possible by a significant partnership with the technology powerhouse CRED. With the help of this partnership, L&T Finance will be able to expand
In response to the announcement that it has formed a subsidiary to market financial goods, Jio Financial Services Ltd.'s stock increased by more than 1.6% in Friday's early trades, August 16. In a stock filing on August 15, JFSL shared the news that the company
One of the leading financial technology companies in India, BharatPe, is now providing its merchant partners with secured credit options. The two-wheeler loan and the Loans Against Mutual Funds (LAMF) are the newest offerings from the financial technology company. With this launch, BharatPe is expanding into secured lending for the
In order to prevent the misuse of messaging services and safeguard consumers from fraudulent practices, the Telecom Regulatory Authority of India (TRAI) has issued guidelines for the implementation of certain measures. A recent Direction from TRAI requires all Access Service Providers to adhere to the established protocol. In its ongoing
Launching its newest TCS Pace Studio in Stockholm, Sweden, Indian tech powerhouse Tata Consultancy Services (TCS) is providing its Nordic customers with exclusive access to its innovation ecosystem. In a statement, the company said that their new research centre and innovation hub will help businesses investigate cutting-edge tech, deploy it
Thousands of workers at Apple's Tamil Nadu facility have reportedly begun training in order to manufacture the iPhone 16 Pro and Pro Max as near to the worldwide debut as feasible. An esteemed media outlet revealed in July, citing sources, that Apple Inc. intends to employ its partner
The telcos' proposal to control over-the-top (OTT) communication services like WhatsApp, Google's RCS, and Telegram has been met with resistance from these companies, who point to the Information Technology Act (2000) as the reason why applications are already subject to regulation. The OTT industry's governing
Kaynes Technology, an Electronics manufacturing services provider, has bought some property in Sanand, Gujarat, to establish an OSAT (outsourced semiconductor assembly and test) unit. In order to fund its chip project, the corporation intends to spend around INR 5,000 crore. This is a major milestone since Kaynes, via its
With just over four months to go until the deadline, industry insiders have expressed doubts about the proposed 30% market share cap in the Unified Payments Interface (UPI) category, according to multiple media sources. Multiple newcomers to UPI have been informed, informally, that the limit is not going to be
Slice, a unicorn in the financial technology industry, has been granted permission by the National Company Law Tribunal (NCLT) to merge with North East Small Finance Bank (NESFB). Both businesses made the announcement that they would be merging in October of 2023. In March of the previous year, Slice paid
Krishnan Vishwanathan, Founder & ED of Kissht discusses his entrepreneurial journey, building s solution-oriented business and trends in the FinTech Industry with host Gautam Srinivasan. Entrepreneurship is in the air! India has witnessed a surge in the number of startups over the last decade with an increasing tech-savvy population. The
Former head of enterprise software and AI investments at Venture Highway (now part of US-based General Catalyst) Aviral Bhatnagar has established an INR 100 crore fund to support early-stage Indian companies. He told a media outlet that the newly formed venture capital (VC) business AJVC's fund would be
A pioneering platform that specialises in Amazon Web Services (AWS) cost and use optimisation, WiseOps, was recently acquired by CloudKeeper, a firm that offers full cloud cost optimisation services from a recent acquisition. In spite of the fact that the corporation did not disclose the financial parameters of the transaction,