Feb 28, 2017 at 13:00 | Source: Moneycontrol.com
According to a source privy to the developments, Snapdeal was expected to let go off about 500 employees from the overall technology team spread across Bengaluru and Gurgaon.
Feb 27, 2017 at 09:56 | Source: Moneycontrol.com
A successful fund raise may value Oyo Rooms at USD 1.2 billion and propel it into the Unicorn club where Flipkart and Paytm are present.
Feb 24, 2017 at 20:11 | Source: Moneycontrol.com
After mobile wallets and point of sale machines, Paytm has set up QR codes at places of worship.
Feb 22, 2017 at 18:36 | Source: PTI
National Payments Corporation ofIndia (NPCI) today said it has started a pilot project todigitise the transactions in micro finance institutions(MFIs).
Feb 22, 2017 at 14:00 | Source: PTI
Net profit surged more than four times to 2.0 billion pounds (USD 2.5 billion, 2.4 billion euros) in 2016 compared with net profit of 466 million pounds a year earlier, LBG said in an earnings release.
Feb 22, 2017 at 12:26 | Source: PTI
According to sources, the company started the process last week and will lay off 500-600 people across Snapdeal, Vulcan (logistics) and Freecharge (digital payments business).
Feb 22, 2017 at 08:58 | Source: PTI
It was alleged by a Delhi-based complainant that the bank charged higher interest rate and imposed pre-payment charges.
Feb 22, 2017 at 07:40 | Source: PTI
Bhattacharya also said though many telcos have their own payment banks it is not known how much importance they give to financial transactions.
Feb 21, 2017 at 15:50 | Source: PTI
"This alliance with ICICI Bank through UPI will drive higher customer adoption and allow them to be a part of the digital economy. This will also aid our vastly spread customers with or without Internet access to recharge conveniently," Kapoor added.
Feb 21, 2017 at 09:49 | Source: Moneycontrol.com
The 12-digit Aadhaar number may soon be a payment address for sending and receiving money irrespective of linking the unique ID to a bank account. IndiaPost, which plans to roll out full-fledged payments bank in September, plans to introduce a solution to make Aadhaar a payment address which can work with or without a bank account.