by News | Nov 12, 2022 | Initiatives
The National Payments Corporation of India (NPCI) on Wednesday announced the launch of BHIM App open source license model to regulated entities participating in the Unified Payments Interface (UPI) ecosystem. The source code of BHIM App will help those who do not have...
by News | Nov 10, 2022 | Initiatives
One97 Communications’ (Paytm) strong revenue growth and focus on profitability received thumbs up from analysts, but aspects such as a decline in commerce revenue and modest improvement in contribution margins disappointed Dalal Street investors. Net-net, Paytm’s Q2...
by News | Nov 9, 2022 | Initiatives
Meta Platforms Inc will begin laying off employees on Wednesday morning, Chief Executive Mark Zuckerberg told hundreds of executives on Tuesday, the Wall Street Journal reported Zuckerberg appeared downcast in Tuesday’s meeting and said he was accountable for the...
by News | Nov 8, 2022 | Initiatives
E-commerce major Flipkart’s losses widened to over Rs 7,800 crore in the financial year 2021-22 based on performance of its business-to-business unit Flipkart India and B2C e-commerce unit Flipkart Internet, according to regulatory filings. According to filings, the...
by News | Nov 4, 2022 | Initiatives
India’s most valuable start-up, online-education giant Byju’s, is finalising plans for a $1-billion initial public offering of its tutoring business Aakash Educational Services, according to people familiar with the matter. The company is in talks with at least four...
by News | Nov 3, 2022 | Initiatives
The Guardian and Le Monde newspapers reported in July that Uber Technologies Inc broke laws and secretly lobbied politicians as part of an aggressive drive to expand into new markets from 2013 to 2017. Uber said in July, in response to the Guardian and Le Monde...
