IREDA inks MoUs with Bank of Maharashtra for Financing Renewable Energy Projects The Indian Renewable Energy Development Agency (IREDA), has signed a Memorandum of Understanding (MoU) with Bank of Maharashtra (BoM) on September 18, 2023 for financing a diverse spectrum Read more
Razorpay acquires digital invoicing startup BillMe Fintech platform Razorpay has announced the acquisition of BillMe. BillMe is a Mumbai-based digital invoicing and customer engagement startup. This is the eighth acquisition of Razorpay after it acquired Ezetap last year. Shashank Kumar Read more
Cashfree Payments launches ‘AutoPay on QR’ in collaboration with NPCI Cashfree Payments has announced the launch of ‘AutoPay on QR’ in collaboration with National Payments Corporation of India (NPCI). ‘AutoPay on QR’ will enable customer on-boarding through a two-step workflow Read more
ITI Limited develops self-branded Laptop & Micro PC ‘SMAASH’ ITI Limited has developed its own branded Laptop and Micro PC named ‘SMAASH’ that matches international quality and performance. ITI Limited is a Public Sector Undertaking under Department of Telecommunication, Ministry Read more
ICICI Bank gets RBI approval to make I-Process Services wholly-owned subsidiary ICICI Bank has received approval from the Reserve Bank to make I-Process Services (India) Private Ltd a wholly-owned subsidiary of ICICI Bank, subject to receipt of requisite regulatory and Read more
IDEMIA, Airtel, Nokia join hands for offline CBDC payment on feature phones IDEMIA has announced that it has collaborated with Airtel Payments Bank and Nokia’s parent company HMD Global to introduce an offline Central Bank Digital Currency payment application on Read more
Sebi plans to implement one-hour settlement of trades by March 2024 The Securities and Exchange Board of India (Sebi) is planning to implement one-hour trade settlement by March 2024 as announced by SEBI chairperson Madhabi Puri Buch. In January 2023, Read more
Paytm unveils ‘card soundbox’ to empower merchants Fintech firm Paytm has unveiled ‘Card Soundbox’, an innovative device that will enable merchants to accept both mobile and card payments across networks. The Paytm Card Soundbox is India’s first Soundbox that will Read more
Govt partners with Meta for ‘Education to Entrepreneurship’ to skill 500,000 entrepreneurs Ministry of Education, Ministry Skill Development & Entrepreneurship along with Meta have launched a 3-year partnership “Education to Entrepreneurship: Empowering a generation of students, educators and entrepreneurs”. It Read more
Govt approves merger of Tata SIA Airlines (Vistara) into Air India The Competition of Commission of India (CCI) has approved the merger of Tata SIA Airlines (Vistara) into Air India, and the acquisition of certain shareholding by Singapore Airlines in Read more