Big Grid
How digital payments are driving India’s e-commerce
The rampant increase in smartphone users and easy accessibility to the Internet are some major boosters for this expansion. Keeping in line with the Digital India movement, more and more companies are building a presence online to reach the...
Payments
RBI publishes list of 54 existing online payment aggregators
PTI -
The list includes Amazon (Pay) India, Google India Digital Services, NSDL Database Management, and Zomato Payments, which can continue to operate as Online Payment Aggregators (PAs)Mumbai:Â The Reserve Bank on Wednesday released a list of 54 entities, including Amazon (Pay)...
Big Grid
Alibaba sells nearly half of its direct stake in Paytm at Rs 535.9 per share
PTI -
Chinese group Alibaba sold 2,59,930 shares of Paytm at Rs 535.90 worth Rs 13.93 croreNew Delhi: Chinese conglomerate Alibaba is learnt to have sold a 3.1 per cent stake - nearly half of its direct shareholding -...
Payments
PhonePe completes separation from Flipkart
After the complete separation of Flipkart and PhonePe, both entities will continue to operate under US-based retail giant WalmartNew Delhi:Â Flipkart and PhonePe have completed their separation and both entities will continue to operate under US-based retail giant Walmart, a...
Latest News
Ambani unveils growth roadmap for Reliance, co to double in size by 2030
The company is aiming to double revenues and pre-tax profit in 3-4 years with its new energy business becoming...