Merchant

Merchant bankers act as a guide to companies to file the IPO papers with Sebi. Acting as a merchant banker for a major issue has reputational advantage, hence most bankers are keen to be associated with the process.

Razorpay, Cashfree receive final RBI nod to operate as payment aggregators

The license will mean that the payments firms can now start onboarding of new merchants to their platforms. Neobank Open, Enkash and Paymentz has also received the final nod.

Armed men barge into Merchant Navy officer's home in Greater Noida for loot, hold family hostage

His family was also held hostage by the armed miscreants during the incident that took place around 4 am in the Beta 2 police station area, the officials said.

Aim to grow capacity by 410 MW in FY17: NHPC

The current merchant price for power is Rs 2.50 per unit, says KM Singh, CMD of NHPC.