One97 Communications Limited, the parent firm of crisis-hit Paytm, is focusing on the third-party payment app (TPAP) route to ensure that the fintech major’s Unified Payments Interface (UPI) remains available to its users, according to an Economic Times report. Paytm…
The project could require raising as much as $5 trillion to $7 trillion, the report added, citing people familiar with the matter. Sam Altman, chief executive officer of OpenAI.(Bloomberg) OpenAI and its biggest investor Microsoft did not immediately respond to…
Life Insurance Corporation (LIC) surged five per cent in opening trade, continuing its stellar performance from Thursday when it hit an all-time high. At opening, the shares of LIC were trading at ₹1162.25 against the previous day’s close of ₹1106.…
Paytm Payments Bank independent director Manju Agarwal resigned from the board following the Reserve Bank of India action. According to a PTI report, Agarwal had resigned from the board with effect from February 1. This comes a day after the…
New Delhi, Feb 9 (PTI) A parliamentary panel has observed that there are a total of 45 sanctioned projects under the Ministry of Tourism’s PRASHAD scheme out of which “only 20 have been completed,” noting that its “progress is very…
While majority of the top indices of the world are expected to hit a new high this year, JP Morgan’s equity strategists have cautioned that the stock market’s rise could be short-lived, and the markets can see a significant dip…
Benchmark Sensex rebounded by 167 points in a volatile trade on Friday amid buying in ICICI Bank, State Bank of India and Reliance Industries. People look at a screen displaying the Sensex results on the facade of the Bombay Stock…
Hyundai Motor has reportedly enlisted investment banks JPMorgan and Citi to advise on its anticipated India initial public offering, aiming for a minimum of $3 billion ( ₹24,900 crore). Hyundai is contemplating an IPO in India.(Reuters file photo) According to…
Airtel Payments Bank has experienced a remarkable surge in new customers applying online for various services, including bank account openings and FASTags, over the past few days, according to its chief executive officer Anubrata Biswas, PTI reported. Paytm Payments Bank…
Paytm parent One97 Communications on Friday said it would form a group advisory committee on compliance and regulatory matters. The interface of Indian payments app Paytm.(REUTERS) The committee will be headed by Meleveetil Damodaran, former chairman of India’s markets regulator,…