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SUSTAINABLE REVENUE MODEL
UPI MDR may return, but only some merchants will have to pay, Finance Ministry clarifiesThe finance ministry said any future MDR on UPI will be nominal and limited to merchant transactions above a specified threshold, while con...
PhonePe, Razorpay back selective UPI charges for large merchantsPhonePe cofounder and chief executive, Sameer Nigam, and Razorpay cofounder and chief executive, Harshil Mathur, have argued in favour of a...
UPI to remain free for users; nominal MDR may apply to select merchant transactionsConsumers will not face any charges for UPI payments. Most merchant transactions will also remain free of cost. Any future charges will app...
PhonePe, Razorpay chiefs say UPI will stay free for users, back sustainable modelPhonePe and Razorpay leaders affirmed UPI payments will stay free for consumers. They support sustainable revenue models for payment infras...
Lok Sabha passes Bill enabling Centre to allow UPI charges, MDR on digital paymentsThe Lok Sabha approved amendments to the Payment and Settlement Systems Act. This change empowers the government to permit charges on digit...
Samvardhana Motherson shares rally over 7% after Q1 earnings; Motilal Oswal, Nomura weigh inSamvardhana Motherson International shares surged after the company posted record Q1 FY27 revenue of ₹35,244 crore (up 17% YoY) and a 70.1%...
Trent shares slide 3% after Q1. What Morgan Stanley, four other brokerages recommendTrent shares fell 3% after the Tata Group retailer reported a 21% year-on-year rise in Q1 consolidated net profit to Rs 519 crore. Revenue ...
ETMarkets Management Talk| North America, AI adoption and recurring revenues to fuel Newgen's next leg of growth: Tarun NadwaniWhat is particularly encouraging is the shift in customer priorities. Enterprises are moving beyond automating individual processes and are...
Leap India raises Rs 743.6 crore from 32 anchor investors ahead of IPO launchThe anchor allocation witnessed participation from some of the world’s most prominent institutional investors, including the Monetary Autho...
Motherson Q1 profit jumps 102%, revenue hits recordSamvardhana Motherson International posted a 101.64% profit rise in the first quarter. Revenue from operations increased by 16.65% to Rs 35...
Climatetech startup Mitti Labs raises $9.5 million led by Aramco VenturesClimatetech startup Mitti Labs secured nine point five million dollars in funding. This capital will expand their presence across India and...
The AI competition paradoxChina's open-source AI models are challenging US dominance, driving intense competition. Chinese firms are gaining market share through low...
Europe's established tech firms emerge as unexpected AI winnersSAP, Capgemini, Sopra Steria and OVHcloud have all reported stronger demand, faster growth or upgraded outlooks as companies move from expe...
Nasdaq-bound Yellow AI leans on AI services push to boost growthAutomating Processes Enterprise AI platform plans to acquire BPOs to automate operations via AI agents
US stocks: SpaceX quarterly revenue surges in debut results on strong growth in its Starlink businessSpaceX has announced an impressive 92% increase in revenue for the latest quarter, primarily fueled by the growth of Starlink and its AI in...
US stocks: S&P 500, Dow hit record highs on strong AI-linked earnings, Mideast deal hopesWall Street's S&P 500 index reached a new intraday record high on Tuesday. Upbeat artificial intelligence forecasts from Caterpillar and Pa...
Keystone Realtors Q1 profit jumps over 3-times to Rs 52crKeystone Realtors has announced an impressive profit growth in the latest quarter, with net profits climbing to Rs 52.37 crore, up from Rs ...
This Himalayan treasure helped over 200 families earn lakhs while protecting 100 sq km of forestA wild Himalayan spice known as Khagi is transforming lives in Arunachal Pradesh. Indigenous communities are using the native spice to gene...
Redington shares gain 4% after Q1 profit jumps 77% YoY, revenue growth remains robustRedington shares gained nearly 4% after a 15% surge in the previous session, following a strong Q1FY27 performance. The technology solution...
GPT-5.6, ChatGPT Work lift OpenAI’s July ARR over Q2OpenAI's revenue growth has surpassed second-quarter levels, driven by new product launches. The company is expanding its customer base to ...