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  • Here's what you can do if banking transactions fail Apr 12, 2021 09:58 AM IST

    Here's what you can do if banking transactions fail

    If the money is debited from your account, your bank or wallet or any other company must reverse it within a time RBI has specified.

  • Digital payments will grow to 71.7% of all transactions by 2025: Report Mar 31, 2021 03:41 PM IST

    Digital payments will grow to 71.7% of all transactions by 2025: Report

    Cash and cheques, the other payment alternatives, will occupy only 28.3 per cent share, the report by ACI Worldwide, which provides payment solutions to corporations, said.

  • Payworld expects 60% increase in gross transaction value to Rs 12,000 crore next fiscal Mar 28, 2021 10:31 AM IST

    Payworld expects 60% increase in gross transaction value to Rs 12,000 crore next fiscal

    The company expects to close the current financial year with gross transaction value (GTV) of Rs 7,500 crore by providing payment interface to sell train tickets, Aadhaar enabled payment services, mutual funds, insurance, among others.

  • 24x7 NEFT | Anxious banks say it will upset cash balance, raise concerns with RBI: Report Dec 19, 2019 12:21 PM IST

    24x7 NEFT | Anxious banks say it will upset cash balance, raise concerns with RBI: Report

    However, some dismissed the fears as exaggerated as NEFT is predominantly used by retail customers where large outflows are rare

  • Axis Bank hope Aadhaar based transaction ban to be lifted soon Mar 01, 2017 05:08 PM IST

    Axis Bank hope Aadhaar based transaction ban to be lifted soon

    Axis Bank expects the ban on Aadhaar based transaction to be lifted soon. The bank awaits the investigation report from Unique Identification Authority of India (UIDAI) on Aadhaar biometric data breach in couple of days.

  • TFA to cut transaction costs, boost exports: FIEO Feb 23, 2017 02:26 PM IST

    TFA to cut transaction costs, boost exports: FIEO

    The agreement, which seeks to ease customs norms, came into effect yesterday with two-thirds of WTO members ratifying the pact.

  • Sebi lowers broker fees by 25%; goes digital on all payments Jan 14, 2017 06:10 PM IST

    Sebi lowers broker fees by 25%; goes digital on all payments

    To reduce overall cost of transactions, Sebi today decided to lower broker fees by 25 per cent to Rs 15 per transaction of Rs 1 crore as part of calibration of various other fees collected by the regulator from different market intermediaries.

  • M&A transactions grew 31% in Q1 to $8.9bn: Grant Thornton Apr 12, 2016 07:35 PM IST

    M&A transactions grew 31% in Q1 to $8.9bn: Grant Thornton

    The first quarter of 2016 witnessed strong deals momentum and surpassed the corresponding quarter of 2015 by 27 percent in terms of value and 16 percent in terms of volume.

  • Banks can halve transaction costs by going digital: Report Apr 01, 2016 05:00 PM IST

    Banks can halve transaction costs by going digital: Report

    The Assocham-PwC study highlighted that leading banks will have to rapidly improve their footprints, reduce branch size and costs, introduce new models and migrate transactions to low-touch digital channels.

  • HCL Tech fully acquires UK firm and promoter group company Jan 27, 2016 11:34 AM IST

    HCL Tech fully acquires UK firm and promoter group company

    In a BSE filing, HCL Technologies announced "acquisition of 100 percent stake in Point to Point Ltd and Point to Point Products Ltd (jointly referred to as P2P), the companies incorporated in the UK and being a niche provider of complex workplace engineering services in the UK, for cash of GBP 8 million".

  • Novartis completes animal health biz sale transaction Jan 01, 2016 12:47 PM IST

    Novartis completes animal health biz sale transaction

    Swiss drug major Novartis had closed the transfer of the animal health business to US-based Eli Lilly globally in January last year.

  • Low transaction cost key to digital initiatives: Sinha Dec 05, 2015 01:18 PM IST

    Low transaction cost key to digital initiatives: Sinha

    "One of the apps that we are thinking about right now is health insurance then we have got national crop insurance. We are working on that as well," Minister of State for Finance Jayant Sinha said.

  • Rocket Internet Backed Printvenue`s Global CTO Joins DealsnPrice.com Aug 27, 2015 05:49 PM IST

    Rocket Internet Backed Printvenue`s Global CTO Joins DealsnPrice.com

    DealsnPrice.com, India's leading Cashback, Price Comparison and Coupon website has announced the appointment of Mr ...

  • Govt proposes I-T benefits for card payments Jun 22, 2015 08:38 PM IST

    Govt proposes I-T benefits for card payments

    In a draft paper for moving towards cashless economy and reduce tax avoidance, the government also proposed to make it mandatory to settle high value transactions of more than Rs. 1 lakh through electronic mode.

  • HSBC Bank Oman completes sale of India assets to Doha Bank Apr 01, 2015 11:05 AM IST

    HSBC Bank Oman completes sale of India assets to Doha Bank

    Shareholders of Doha Bank, Qatar's fifth-largest lender by assets, approved the purchase in December 2014 after an agreement between the two banks about the sale was reached in April of that year.

  • Just Dial to spend Rs 100cr on Search Plus mktg in FY16 Mar 17, 2015 10:29 AM IST

    Just Dial to spend Rs 100cr on Search Plus mktg in FY16

    The company plans to start a mega campaign to popularize the Search Plus business, which enables customers to carry out transactions such as booking movie tickets, ordering flowers or making doctor appointments from its directory, as well as buy various products, CFO Ramkumar Krishnamachari told CNBC-TV18.

  • Bitcoin hit by 'denial-of-service attack' Feb 12, 2014 09:58 AM IST

    Bitcoin hit by 'denial-of-service attack'

    Bitcoin is being hit by attacks from unknown computer hackers who are sending "mutated" lines of code into the program that runs the virtual currency, a spokeswoman from its main trade organization said in a statement on Tuesday.

  • India Inc, exporters welcome WTO pact on trade Dec 07, 2013 03:55 PM IST

    India Inc, exporters welcome WTO pact on trade

    Hailing the trade facilitation agreement reached by the WTO members after hectic parleys, India Inc and exporters today said these will help developing countries like India to reduce transaction cost and improve competitiveness of domestic industry.

  • Cloud Computing, one of NSE's top priorities Aug 16, 2013 02:53 PM IST

    Cloud Computing, one of NSE's top priorities

    The National stock exchange is known to have a state of the art trading system. It has an up time record of 99.99 percent and processes more then 450+ million messages every day with sub millisecond response time.

  • Precautions: 9 things to remember while using a credit card Jun 28, 2013 04:00 PM IST

    Precautions: 9 things to remember while using a credit card

    While using a card at merchant outlets, one should make sure that it is being swiped in his presence, personal finance expert, Pankaj Mathpal, Optima Money Managers said.

  • Here are few tips to prevent identity theft Feb 12, 2013 03:25 PM IST

    Here are few tips to prevent identity theft

    Certified Financial Planner, Gaurav Mashruwala discussed at length about identity theft and how to prevent that.

  • TP Magic: Recharacterising Equity as Debt Feb 02, 2013 12:05 PM IST

    TP Magic: Recharacterising Equity as Debt

    There's a sudden furore over recent transfer pricing orders that have recharacterised equity issuances by private companies to foreign parents as debt.

  • StanChart CEO takes charge of Iran probe talks Aug 14, 2012 02:56 PM IST

    StanChart CEO takes charge of Iran probe talks

    Standard Chartered's chief executive Peter Sands has flown to New York to take personal control of the bank's attempts to reach a settlement with US regulators over allegations it hid transactions involving Iran.

  • Iran allegations 'very damaging' for StanChart: CEO Aug 08, 2012 09:00 PM IST

    Iran allegations 'very damaging' for StanChart: CEO

    Standard Chartered was taken by surprise this week by a US regulator's report accusing it of hiding USD 250 billion of transactions with Iran, its chief executive said on Wednesday, adding the allegations had been 'very damaging.'

  • RBI relaxes norms on forex exchange earning retention Jul 31, 2012 09:08 PM IST

    RBI relaxes norms on forex exchange earning retention

    Amid rupee volatility, the Reserve Bank today eased norms by allowing corporates and exporters to keep their entire forex earnings in the respective foreign currency for a limited period.

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