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PINE LABS STAKE SALE
Pine Labs block deal: Mastercard Asia may divest 4.3% equity worth Rs 892 croreMastercard Asia Pacific may sell up to 49.7 million Pine Labs shares, representing 4.3% of the fintech company, through a Rs 892.5 crore bl...
A painting bought for £2,090 at auction looked ordinary. Experts later identified it as a lost Helen McNicoll masterpiece valued at £300,000Helen McNicoll painting: A painting bought for £2,090 at a regional auction house turned out to be a long-lost work by Canadian Impressioni...
Pine Labs shares can rally 30%, says Motilal Oswal after initiating coverage with Buy. Here’s whyPine Labs shares gained after Motilal Oswal initiated coverage with a Buy rating and a Rs 250 target, implying 30% upside. The brokerage se...
SP Group backs Tata Sons listing after Noel Tata-led stake monetisation talks stallShapoorji Pallonji Group now supports a Tata Sons public listing. This backing follows a delayed stake sale intended for monetization. Disc...
Rediff.com's IPO plans may get a fresh UPI tailwind as new MDR regime kicks inRediff.com's upcoming initial public offering (IPO) may find additional monetisation avenues as a result of the government's decision to le...
Positive Breakout: These 11 stocks cross above 200 DMAsAs long as a stock's price remains above its 200-day moving average on the daily timeframe, it is generally interpreted as being in an over...
Ahead of Market: 10 things that will decide stock market action on FridayIndian equities ended mixed on Thursday as Sensex slipped 22 points after sharp volatility during the closing auction session, while Nifty ...
UPI MDR could bring transaction value into payment apps’ market-share battle, industry executives sayThe new revenue stream could also draw banks and ecommerce companies into consumer UPI. Pine Labs chairman, managing director and chief exe...
Ahead of Market: 10 things that will decide stock market action on ThursdayIndian equities rebounded on September 16 after Tuesday’s sharp sell-off, with Sensex gaining 333 points and Nifty rising 99 points. Large ...
MDR on UPI does not make sense for broking and investment payments, say Nithin Kamath and Deepak ShenoyThe NPCI has unveiled a new merchant discount rate that introduces a 0.4% fee for UPI person-to-merchant transactions exceeding Rs 2000. Th...
UPI MDR bonanza: Why Paytm may win bigger, but Pine Labs could gain fasterPaytm and Pine Labs stand to benefit from the new UPI MDR framework, but the impact could differ sharply. Paytm has a larger absolute reven...
Paytm shares jump 7% as Jefferies, other brokerages raise target prices and earnings estimates after new UPI chargesPaytm shares surged over 7% after brokerages raised target prices following the introduction of MDR on select UPI transactions above Rs 2,0...
Paytm, MobiKwik, Pine Labs shares rally up to 6% after govt announces UPI fees above Rs 2,000. Why brokerages are bullishPaytm, MobiKwik and Pine Labs are likely to remain in focus after the government announced MDR on select UPI transactions above Rs 2,000. F...
Amazon Now’s sales surge; govt’s stance on UPI chargesHappy Tuesday! Amazon's quick commerce arm is scaling fast, India head Samir Kumar told us. This and more in today’s ETtech Morning Dispatc...
India consults banks, payment firms on fees for large UPI payments, sources sayIndia's payments authority is discussing charges on large UPI transactions. This follows a recent change in law allowing fees on payments o...
Angel One among 4 stocks closing over 2% above VWAPPine Labs, Angel One, CDSL and Action Construction Equipment closed more than 2% above their volume-weighted average prices on September 11...
Positive Breakout: These 6 stocks cross above their 200 DMAsAs long as a stock's price remains above its 200-day moving average on the daily timeframe, it is generally interpreted as being in an over...
Fintechs high on AI, but yet to let it handle your moneyThe Unified Payments Interface (UPI) processed 24.51 billion transactions worth Rs 29.82 lakh crore in August, according to data from the N...
Ahead of Market: 10 things that will decide stock market action on TuesdayIndian equities recovered sharply from Friday’s lows as easing oil prices and bond yields lifted sentiment. Sensex and Nifty closed lower, ...
Pine Labs appoints Jayaram Karthik its chief operations officerKarthik has held leadership roles at American Express, Citibank, Amazon, Tata, and Razorpay, where he worked on scaling operations, improvi...