Paytm's payments unit on Friday received initial approval from the RBI to run a system for issuing prepai ...More

Paytm's payments unit on Friday received initial approval from the RBI to run a system for issuing prepaid payment instruments, including digital wallets. The news pushed Paytm's shares to a record high of Rs 1,960. ...Less

The approval has been granted to Paytm Payments Services Limited (PPSL), a subsidiary of One 97 Communica ...More

The approval has been granted to Paytm Payments Services Limited (PPSL), a subsidiary of One 97 Communications, which operates the Paytm brand. It will allow the company to issue and operate prepaid payment instruments, including digital wallets, the company said in a stock exchange filing on Friday. ...Less

The approval allows the wholly owned subsidiary of Paytm parent One 97 Communications to set up a system ...More

The approval allows the wholly owned subsidiary of Paytm parent One 97 Communications to set up a system for issuing and operating prepaid payment instruments, including digital wallets, subject to final authorisation, the company said in a stock exchange filing on Friday. ...Less

Paytm has been approved by RBI to issue digital wallets through its subsidiary Paytm Payments Services Lt ...More

Paytm has been approved by RBI to issue digital wallets through its subsidiary Paytm Payments Services Ltd. This approval comes nearly three years after regulatory actions against its previous banking operations. Paytm is required to complete a systems audit and submit the report to RBI within six months. Its share prices recovered significantly following improvements in financial performance and regulatory compliance. ...Less

Paytm has received RBI's in-principle approval to restart its wallet business. This and more in today’s E ...More

Paytm has received RBI's in-principle approval to restart its wallet business. This and more in today’s ETtech Top 5. ...Less

Samir Arora-backed Helios Mid Cap Fund added Aurobindo Pharma, Zetwerk and PVR Inox in October, while inc ...More

Samir Arora-backed Helios Mid Cap Fund added Aurobindo Pharma, Zetwerk and PVR Inox in October, while increasing stakes in Paytm, MCX and 16 other stocks. The fund exited Park Medi World, expanded its portfolio to 77 stocks and reported assets under management of Rs 2,421 crore. ...Less

India Inc witnessed a strong earnings recovery in Q2 FY27, with 181 companies more than doubling their ne ...More

India Inc witnessed a strong earnings recovery in Q2 FY27, with 181 companies more than doubling their net profits year-on-year, according to Ace Equity data. Gains spanned banking, metals, energy, pharmaceuticals and consumer sectors. From Indian Oil and JSW Steel to Paytm and Lenskart, here are the biggest profit gainers and what drove their growth. ...Less

For a decade, the task in India’s merchant payments was to get every shop and website to accept digital m ...More

For a decade, the task in India’s merchant payments was to get every shop and website to accept digital money. The value, leaders argued, at GFF 2026, is now moving to identity, risk, credit and growth, and to preparing the checkout for AI agents that may soon shop on consumers’ behalf. ...Less

Digital lender Kissht's revenue from operations rose 44.7% year-on-year to Rs 732 crore, while Moneyview ...More

Digital lender Kissht's revenue from operations rose 44.7% year-on-year to Rs 732 crore, while Moneyview reported 41% growth to Rs 1,120 crore. MobiKwik's financial services revenue increased 41.8% to Rs 87 crore, while Paytm's financial services distribution revenue grew 49.3% to Rs 912 crore. ...Less

September-quarter earnings calls of Paytm, Pine Labs, Groww, PB Fintech, Kissht and Mobikwik reveal a shi ...More

September-quarter earnings calls of Paytm, Pine Labs, Groww, PB Fintech, Kissht and Mobikwik reveal a shift across payments, stockbroking, lending and insurance. AI is moving beyond chatbots and experiments into decisions affecting the cost of acquiring, serving and retaining customers. ...Less

Our technical analysts identify select stocks every trading day that may gain momentum even in volatile m ...More

Our technical analysts identify select stocks every trading day that may gain momentum even in volatile markets. Here are the technical calls for today. ...Less

Mufin Green Finance has recently received an AD-II licence from the RBI, permitting it to offer forex ser ...More

Mufin Green Finance has recently received an AD-II licence from the RBI, permitting it to offer forex services. This new licence enables the company to provide remittance services for medical treatments, education, and family maintenance. Mufin anticipates diversifying revenue streams through these fee-based services, reducing reliance on net interest income. The company's recent financial results indicate significant growth in profit and income. ...Less

MSCI will include Life Insurance Corporation of India, Coforge, Adani Green Energy, and Meesho in its ind ...More

MSCI will include Life Insurance Corporation of India, Coforge, Adani Green Energy, and Meesho in its index. The changes will take effect on November 30, with passive inflows expected for these new additions. PI Industries will be excluded, leading to an estimate of outflows from this stock. Additionally, the overall number of constituents will increase to 168 in the index. ...Less

Indian benchmark indices closed higher on November 12, with Nifty gaining 44 points and Sensex rising 32 ...More

Indian benchmark indices closed higher on November 12, with Nifty gaining 44 points and Sensex rising 32 points. Investors tracked October inflation data, foreign fund flows and global cues amid mixed US and European market performance. ...Less

Three Nifty500 stocks closed more than 2% above their respective volume-weighted average prices on Novemb ...More

Three Nifty500 stocks closed more than 2% above their respective volume-weighted average prices on November 12, according to StockEdge’s technical scan. ...Less

Paytm has reported a substantial increase in revenue, demonstrating the success of its existing business ...More

Paytm has reported a substantial increase in revenue, demonstrating the success of its existing business model. The company's EBITDA has improved due to efficient cost control and a strong merchant franchise. Financial services have significantly contributed to revenue growth, highlighting the diversity of its business operations. Global brokerages support the view that UPI-MDR will enhance, rather than define, future profitability. ...Less

Paytm currently accounts for about 8.1% of UPI transaction volumes, behind PhonePe's 45.6% and Google Pay ...More

Paytm currently accounts for about 8.1% of UPI transaction volumes, behind PhonePe's 45.6% and Google Pay's 32.2%, according to September data from the National Payments Corporation of India. ...Less

In its latest report titled "First Take: All-round beat", JP Morgan said Paytm's focus on its merchant fr ...More

In its latest report titled "First Take: All-round beat", JP Morgan said Paytm's focus on its merchant franchise and sharp cost control following the resolution of regulatory restrictions has helped the company achieve EBIT breakeven, proving the resilience of its merchant-led model. ...Less

Samir Arora-backed Helios Flexi Cap Fund increased exposure to 10 stocks, including Eternal, ICICI Bank a ...More

Samir Arora-backed Helios Flexi Cap Fund increased exposure to 10 stocks, including Eternal, ICICI Bank and MCX, in October. The fund also added Zetwerk Manufacturing Businesses as a new entrant, taking its portfolio to 72 stocks ...Less

MSCI’s November index rejig will add LIC, Coforge, Meesho and Adani Green to its Standard Index, while re ...More

MSCI’s November index rejig will add LIC, Coforge, Meesho and Adani Green to its Standard Index, while removing PI Industries. Nuvama estimates the changes could trigger around $2 billion in passive inflows into Indian equities. Several stocks will also see weight adjustments, while the Smallcap Index will witness fresh additions and exclusions, creating potential stock-specific inflows and outflows. ...Less

Paytm Q2 Results: Fintech major Paytm on Monday reported 976% year-on-year (YoY) growth in its consolidat ...More

Paytm Q2 Results: Fintech major Paytm on Monday reported 976% year-on-year (YoY) growth in its consolidated net profit at Rs 226 crore. The same stood at Rs 21 crore in the year-ago quarter. Revenue from operations in the reporting period rose 28% YoY to Rs 2,648 crore. ...Less

Paytm shares rose after the fintech major reported a 976% year-on-year jump in Q2 net profit and 28% reve ...More

Paytm shares rose after the fintech major reported a 976% year-on-year jump in Q2 net profit and 28% revenue growth. Jefferies, Goldman Sachs and Citi retained Buy ratings, with target prices pointing to potential upside. ...Less

Large & mid cap mutual funds are suitable for aggressive investors who are willing to invest in mid cap s ...More

Large & mid cap mutual funds are suitable for aggressive investors who are willing to invest in mid cap stocks. It may have more exposure to large cap or mid cap stocks, based on the market conditions and the outlook of the fund manager. So, you should get into these schemes only if you are willing to take extra risk. ...Less

Nuvama expects Jio Platforms and NSE to enter AMFI's largecap category in its H1 CY27 reshuffle, while Ve ...More

Nuvama expects Jio Platforms and NSE to enter AMFI's largecap category in its H1 CY27 reshuffle, while Vedanta may move to midcap status. The proposed changes also include upgrades and downgrades across midcap and smallcap stocks, with revised market-cap thresholds estimated at Rs 1.12 lakh crore and Rs 36,700 crore. ...Less

Angel One's active client base rose to 69.98 lakh at the end of October, from 67.56 lakh in September. In ...More

Angel One's active client base rose to 69.98 lakh at the end of October, from 67.56 lakh in September. In comparison, Zerodha's active clients declined to 67.59 lakh from 67.92 lakh a month ago. ...Less

Revenue growth was in line with brokerage estimates, but net profit fell short of expectations. Brokerage ...More

Revenue growth was in line with brokerage estimates, but net profit fell short of expectations. Brokerages had projected operating revenue of Rs 2,575-2,641 crore, up 25-28% year-on-year, and net profit of Rs 271-279 crore for the second quarter of FY27. Paytm shares ended 2.7% higher at Rs 1,655 on the BSE on Monday. The results were announced after market hours. ...Less

Jefferies expects largecap stocks to benefit more directly from a potential revival in foreign portfolio ...More

Jefferies expects largecap stocks to benefit more directly from a potential revival in foreign portfolio investor (FPI) flows into Indian equities. The brokerage has identified 12 potential beneficiaries, including Reliance Industries, HDFC Bank, Axis Bank and Kotak Mahindra Bank, amid improving foreign flows and relatively reasonable valuations in the segment. ...Less

Gold prices in Pakistan are considerably cheaper than in India, even after converting Pakistani rupees in ...More

Gold prices in Pakistan are considerably cheaper than in India, even after converting Pakistani rupees into Indian currency. On November 4, 2026, 24-carat gold in Pakistan was priced at approximately PKR 3,54,559 per 10 grams, translating to around Rs 1,21,654 in Indian currency. In comparison, 24-carat gold in India was priced at approximately Rs 1,43,105 per 10 grams. The difference is also visible in 22-carat gold rates, with Pakistan's converted price at around Rs 1,11,516 against India's Rs 1,31,742.90. ...Less

Happy Tuesday! Dailyhunt parent VerSe Innovation’s valuation has taken a sharp hit. This and more in toda ...More

Happy Tuesday! Dailyhunt parent VerSe Innovation’s valuation has taken a sharp hit. This and more in today’s ETtech Morning Dispatch. ...Less

As Samvat 2083 begins, mutual fund investors should review their portfolios, stay disciplined with SIPs a ...More

As Samvat 2083 begins, mutual fund investors should review their portfolios, stay disciplined with SIPs and avoid timing the market. Financial advisors share strategies for choosing fund categories, handling underperformers, diversifying across asset classes, booking profits and rebalancing portfolios to align investments with long-term financial goals. ...Less

Happy Wednesday! Cognizant has held discussions to invest in homegrown AI startup Sarvam. This and more i ...More

Happy Wednesday! Cognizant has held discussions to invest in homegrown AI startup Sarvam. This and more in today’s ETtech Morning Dispatch. ...Less

Indian equity markets showed recovery with a rise in NSE Nifty 50, ending a four-session losing streak. S ...More

Indian equity markets showed recovery with a rise in NSE Nifty 50, ending a four-session losing streak. Several companies reported their September-quarter earnings, highlighting varying financial performances. Paytm experienced significant profit growth, while Dalmia Bharat reported a net loss due to an exceptional charge. Defence stocks are also in focus following government procurement approvals. Investors continue to track earnings reports and related developments in the market. ...Less

Mankind Pharma has announced a profit increase of 37.7% to ₹716 crore during the September quarter. Reven ...More

Mankind Pharma has announced a profit increase of 37.7% to ₹716 crore during the September quarter. Revenue from operations rose to ₹4,337.9 crore compared to ₹3,697.2 crore in the same quarter last year. This growth is attributed to strong performance in both domestic and international markets. The recent acquisition of Armed Cell Therapeutics is expected to enhance R&D capabilities. ...Less

Jio Platforms made a remarkable entrance in the stock market, soaring 21.4% above its IPO price on the fi ...More

Jio Platforms made a remarkable entrance in the stock market, soaring 21.4% above its IPO price on the first day of trading. Closing at ₹1,417.35, the stock surpassed Bharti Airtel in market capitalization. With a staggering 22 times oversubscription, the IPO attracted considerable institutional backing. At the launch event, executive director Anant Ambani recognized the invaluable support from millions of subscribers. ...Less

Jio Platforms has marked a significant milestone by successfully launching its market debut following Ind ...More

Jio Platforms has marked a significant milestone by successfully launching its market debut following India’s largest initial public offering, valued at Rs 30,213-crore. While historical trends indicate that stocks often experience negative returns post-major IPOs, initial reports present an optimistic outlook for Jio, with projections suggesting potential for growth as the company aims to expand its technological footprint through cutting-edge innovations across diverse sectors. ...Less

Jio Platforms shares listed at a 21.35% premium to the IPO price of Rs 1,119, delivering the biggest list ...More

Jio Platforms shares listed at a 21.35% premium to the IPO price of Rs 1,119, delivering the biggest listing-day gain among India’s five largest IPOs by issue size. Brokerages Nomura, Motilal Oswal and Elara Capital initiated coverage with Buy ratings, citing tariff hikes, subscriber monetisation and digital services growth. ...Less

India's leading non-bank lenders like Shriram Finance and Bajaj Finance are limiting new lending in droug ...More

India's leading non-bank lenders like Shriram Finance and Bajaj Finance are limiting new lending in drought-affected regions. The lenders are closely monitoring borrowers for early signs of repayment difficulties due to weak monsoon rainfall. Companies are adjusting loan growth expectations downward and strengthening collection efforts in impacted locations. Several states are under close scrutiny as economic pressures mount from lower incomes and agricultural yields. ...Less

Three Nifty 500 stocks, TD Power Systems, One97 Communications and Shipping Corporation of India, closed ...More

Three Nifty 500 stocks, TD Power Systems, One97 Communications and Shipping Corporation of India, closed more than 1.5% below their respective VWAPs on October 27, according to StockEdge data. ...Less

After two months of silence, September marked the return of retail investors to the secondary market, as ...More

After two months of silence, September marked the return of retail investors to the secondary market, as they invested ₹10,572 crore in equities. This shift occurred after a significant market dip linked to escalating oil prices. In contrast, foreign portfolio investors continued their exit strategy. Additionally, the primary market thrived with ₹5,650 crore in shares bought by retail investors, emphasizing that upcoming market conditions will shape their future involvement. ...Less

Tata Consumer Products encountered unchanged tea volumes and decreasing revenue in the September quarter ...More

Tata Consumer Products encountered unchanged tea volumes and decreasing revenue in the September quarter as weak demand and surging commodity costs took their toll. To counter this, the company emphasized its salt business, which saw significant revenue increases driven by volume growth and price hikes. Meanwhile, international revenue held steady despite challenges in the UK market caused by weather issues. ...Less

On Monday, Indian equity markets staged a comeback following four days of losses, with both the BSE Sense ...More

On Monday, Indian equity markets staged a comeback following four days of losses, with both the BSE Sensex and NSE Nifty seeing notable gains as investors sought to take advantage of cheaper stock prices. However, analysts warn that this recovery is precarious, influenced by global geopolitical issues and high crude oil prices. ...Less

Jio Platforms raised about $3.1 billion through its record IPO, but intense competition among investment ...More

Jio Platforms raised about $3.1 billion through its record IPO, but intense competition among investment banks kept fees relatively low at around 0.65% of the issue size. ...Less

Jio Platforms is gearing up for a groundbreaking debut on October 28, following a remarkable Rs 30,188 cr ...More

Jio Platforms is gearing up for a groundbreaking debut on October 28, following a remarkable Rs 30,188 crore IPO. Historical insights indicate a varied trajectory for past mega IPOs in India. The overwhelming demand is evident from Jio's impressive 22.19 times oversubscription. Analysts are weighing Jio's market dynamics and valuation as they predict potential listing advantages, with investor strategies hinging on both immediate valuations and sustained business growth. ...Less

SFC Environmental Technologies is planning an IPO to raise ₹150 crore for debt repayment and ₹517.5 crore ...More

SFC Environmental Technologies is planning an IPO to raise ₹150 crore for debt repayment and ₹517.5 crore for an offer for sale. The company has reported consistent growth in both revenue and profits, with significant contributions from repeat customers. Concerns include uneven cash flow due to high working capital and reliance on government contracts for revenue. ...Less

Benchmark Nifty gained on Monday, while broader markets also rallied amid ongoing geopolitical tensions. ...More

Benchmark Nifty gained on Monday, while broader markets also rallied amid ongoing geopolitical tensions. Analysts suggest that Indian stock markets will trade sideways until there is greater clarity on global developments. Foreign portfolio investors net sold shares, while domestic institutional investors were net buyers. The rupee depreciated for the third consecutive day, influenced by elevated crude oil prices. ...Less

Market analysts have recently initiated coverage on a selection of Indian stocks, highlighting significan ...More

Market analysts have recently initiated coverage on a selection of Indian stocks, highlighting significant growth opportunities. Nomura has issued Buy ratings for Vedanta Aluminum, Hindalco, and Paytm, driven by diverse growth vectors. Similarly, Axis Direct and JM Financial have endorsed Dr. Lal Path Labs and Shiprocket, suggesting a promising trajectory. ...Less

Crude oil price : Oil prices have experienced a decline as diplomatic discussions aimed at easing tension ...More

Crude oil price : Oil prices have experienced a decline as diplomatic discussions aimed at easing tensions have taken place. Brent crude futures fell while West Texas Intermediate crude saw a slight drop as well. Ongoing attacks by Iran-aligned groups hinder the prospects of regional stability and heightened concerns about supply disruptions. Analysts anticipate potential supply shocks, which could significantly influence future oil prices. ...Less

Gold purchasing sees a significant rise during Dhanteras and Diwali, celebrated for their cultural releva ...More

Gold purchasing sees a significant rise during Dhanteras and Diwali, celebrated for their cultural relevance. Investors can explore various avenues like physical gold, ETFs, and digital gold options. ...Less

Over the past few weeks, much has been written about former employees of the online commerce company writ ...More

Over the past few weeks, much has been written about former employees of the online commerce company writing to Walmart's board, asking for liquidity on the stock options they were granted 10 to 15 years ago. On October 1, at least eight former senior executives, among them former Myntra CEO Mukesh Bansal and former chief business officer Ankit Nagori, wrote to Walmart chairman Gregory Penner, other board members and Flipkart Group CEO Kalyan Krishnamurthy, seeking a complete exit for all former employees holding vested options. ...Less

Nomura has initiated coverage on Paytm with a Buy rating and a target price of Rs 2,250, implying an upsi ...More

Nomura has initiated coverage on Paytm with a Buy rating and a target price of Rs 2,250, implying an upside of 31%. The brokerage expects EBITDA to grow at a 96% CAGR over FY26-29F, driven by payments, merchant lending, AI-led cost efficiencies and potential UPI MDR revenue. International expansion and enterprise AI product Pi offer additional growth opportunities. ...Less

Indian equity markets have faced a decline for four consecutive sessions, with the Nifty falling signific ...More

Indian equity markets have faced a decline for four consecutive sessions, with the Nifty falling significantly. Various factors, including selling by foreign investors and rising crude oil prices, have contributed to this downturn. Notable stocks such as Infosys and Kotak Mahindra Bank have attracted investor attention due to their quarterly earnings. Upcoming developments may influence market sentiment further as investors remain watchful. ...Less

In a notable development, One 97 Communications Ltd., Paytm's parent company, observed a significant rise ...More

In a notable development, One 97 Communications Ltd., Paytm's parent company, observed a significant rise in domestic share ownership as of Q2 FY 2027. Indian investors now hold over 56% of the firm, which illustrates a positive trend towards local equity involvement. Furthermore, domestic institutional ownership has soared to 29.5%, reflecting heightened engagement from local institutional players. In contrast, foreign direct investment declined to 18. ...Less

Shares of Paytm, Pine Labs dropped after NPCI delayed the rollout of merchant discount rate (MDR) fees on ...More

Shares of Paytm, Pine Labs dropped after NPCI delayed the rollout of merchant discount rate (MDR) fees on select UPI transactions beyond Diwali. The rollout, earlier scheduled for October 15, was expected to boost fintech companies’ earnings during the festive season. NPCI said the revised implementation date would be communicated to stakeholders soon. ...Less

Jio Platforms is set to launch its IPO bidding on October 21, offering 27 crore shares without any offer ...More

Jio Platforms is set to launch its IPO bidding on October 21, offering 27 crore shares without any offer for sale. The price band is set between ₹1,065 and ₹1,119 per share, targeting a total of ₹30,213 crore. Following recent IPOs like Hyundai and LIC, which struggled below their original prices, market sentiment is now emphasizing profitability. Analysts will closely monitor Jio's listing amid this competitive landscape. ...Less

Paytm shares crashed on Wednesday after reports suggested a possible delay in the rollout of UPI MDR. Ana ...More

Paytm shares crashed on Wednesday after reports suggested a possible delay in the rollout of UPI MDR. Analysts said the stock faces immediate support at Rs 1,560-1,550, while a decisive break below could trigger further selling. ...Less

Paytm shares display strong bullish momentum following a daily range breakout and accumulation above key ...More

Paytm shares display strong bullish momentum following a daily range breakout and accumulation above key EMAs. Choice Broking recommends a Hedged Call Ratio Spread strategy targeting the Rs 1,760-Rs 1,800 zone for the October 27 expiry, offering a max profit of Rs 19,901 with defined risk. ...Less

Paytm, Mobikwik and Pine Labs shares fall sharply as reports of a possible delay in UPI MDR implementatio ...More

Paytm, Mobikwik and Pine Labs shares fall sharply as reports of a possible delay in UPI MDR implementation raise concerns over the fintech companies’ expected benefits from the new fee structure. ...Less

Speaking this week at Cypher 2026, the AI conference in Bengaluru, Sharma said he would write cheques of ...More

Speaking this week at Cypher 2026, the AI conference in Bengaluru, Sharma said he would write cheques of Rs 1 crore to Rs 2 crore to founders willing to take on the challenge. ...Less

Sensex and Nifty rallied over 1.5% on Tuesday, adding around Rs 5 lakh crore to the market capitalisation ...More

Sensex and Nifty rallied over 1.5% on Tuesday, adding around Rs 5 lakh crore to the market capitalisation of listed companies. Investors will track global cues, Q2 earnings, active stocks, buying and selling trends, and key technical levels on Wednesday as markets assess the sustainability of the sharp rebound. ...Less

Companies do not always pay employees through salaries and bonuses. Sometimes, they reward them with shar ...More

Companies do not always pay employees through salaries and bonuses. Sometimes, they reward them with shares – or the right to buy shares at favourable prices. But promoters can use this to dress up profits. ...Less

Indian equity benchmarks ended lower after a volatile session influenced by strong wholesale inflation an ...More

Indian equity benchmarks ended lower after a volatile session influenced by strong wholesale inflation and elevated crude oil prices. The Nifty 50 declined, testing the support zone of 22,580-22,620, which might weaken with repeated tests. Several companies, such as Reliance Industries and Tata Technologies, are expected to be in focus due to upcoming quarterly earnings. ...Less

Three Nifty 500 stocks, including UPL, Gallantt Ispat, and One97 Communications, closed above their Volum ...More

Three Nifty 500 stocks, including UPL, Gallantt Ispat, and One97 Communications, closed above their Volume Weighted Average Price (VWAP) on October 12. According to StockEdge scan data, closing above the VWAP reflects strong underlying buying momentum during the trading session. ...Less

In April this year, the Reserve Bank of India (RBI) had cancelled the banking licence issued to PPBL for ...More

In April this year, the Reserve Bank of India (RBI) had cancelled the banking licence issued to PPBL for non-compliance with norms, saying affairs of the bank were conducted in a manner detrimental to the interest of its depositors. ...Less

UPI MDR rollout: A proposal is under consideration to delay the implementation of Merchant Discount Rates ...More

UPI MDR rollout: A proposal is under consideration to delay the implementation of Merchant Discount Rates for Unified Payments Interface. This decision is expected to relieve retailers during the festive season and was initially set for October 15. Recent protests by traders against MDR introduction led to consultations among industry stakeholders. Payment aggregators like Paytm and Mobikwik saw significant share declines due to this news. ...Less

The company says most personalization tools work off a customer's past behaviour, which is often outdated ...More

The company says most personalization tools work off a customer's past behaviour, which is often outdated by the time a brand acts on it. CleverAI combines that history with what a user is doing at the moment to decide what each customer should see next. ...Less

Union minister for commerce and industry Piyush Goyal will be the guest of honour at the event, which wil ...More

Union minister for commerce and industry Piyush Goyal will be the guest of honour at the event, which will bring together a strong mix of past and present ETSA winners and nominees, alongside leading voices from India’s new-economy landscape. Goyal is expected to speak about the government’s efforts to deepen and expand the country’s emerging business ecosystem. ...Less

Shares of Pine Labs, Moneyview and other fintech firms rose after the RBI announced interoperability amon ...More

Shares of Pine Labs, Moneyview and other fintech firms rose after the RBI announced interoperability among NBFC account aggregators. The move will let customers share financial information across different account aggregators through a single account, without fresh registration, subject to their consent. ...Less

The addition took Groww’s active client base to 1.34 crore and its market share to 29.16%, up from 29.04% ...More

The addition took Groww’s active client base to 1.34 crore and its market share to 29.16%, up from 29.04% in August. Groww alone accounted for more than 60% of the industry’s net addition of 1.6 lakh active clients during the month. The total active client base stood at 4.61 crore at the end of September. ...Less

IT stocks rose on Thursday as investors turned their attention to TCS, which is set to kick off the Q2 ea ...More

IT stocks rose on Thursday as investors turned their attention to TCS, which is set to kick off the Q2 earnings season. Analysts expect modest sequential revenue growth, while a favourable base and margin support could aid year-on-year growth. Currency tailwinds may also support margins across Indian IT services companies. ...Less

Indian markets plunged on Thursday as RBI policy tightening, persistent FII selling, rising bond yields a ...More

Indian markets plunged on Thursday as RBI policy tightening, persistent FII selling, rising bond yields and rupee weakness battered sentiment. The Nifty hit a 52-week low of 22,179, while the Sensex fell 1,045 points, wiping out over Rs 10 lakh crore. ...Less

An ET analysis of National Stock Exchange (NSE) and BSE block and bulk deal disclosures across 18 new-age ...More

An ET analysis of National Stock Exchange (NSE) and BSE block and bulk deal disclosures across 18 new-age companies shows sales by investors including Japan’s SoftBank group and venture capital firms Peak XV Partners, Elevation Capital and Accel. ...Less

Indian equities extended their recovery on Tuesday, driven by positive global cues and corporate updates. ...More

Indian equities extended their recovery on Tuesday, driven by positive global cues and corporate updates. The Nifty 50 index closed at 22,714.80, marking a gain of 195.05 points. Several companies, including Titan Company and HCLTech, reported encouraging business developments that are likely to impact their stock performance. Technical analysts suggest that the Nifty will remain constructive if it stays above 22,600. ...Less

The industry has scope to increase soundbox deployments from about two crore to five crore over time, a t ...More

The industry has scope to increase soundbox deployments from about two crore to five crore over time, a top official at the National Payments Corporation of India (NPCI) said, requesting anonymity. ...Less

Happy Monday! Menlo Ventures, an early Anthropic backer, says the real AI constraint is compute, not a sl ...More

Happy Monday! Menlo Ventures, an early Anthropic backer, says the real AI constraint is compute, not a slowdown in frontier models. This and more in today's ETtech Morning Dispatch. ...Less

Apple Pay initially supports Visa and Mastercard credit cards issued by Axis Bank. Other large card issue ...More

Apple Pay initially supports Visa and Mastercard credit cards issued by Axis Bank. Other large card issuers, including HDFC Bank, ICICI Bank and SBI Card, are currently not live on the service. ...Less

Macquarie expects Indian banks to deliver 18% EPS growth in FY28, supported by higher margins, stronger l ...More

Macquarie expects Indian banks to deliver 18% EPS growth in FY28, supported by higher margins, stronger loan demand, easing liquidity pressures and stable asset quality. The brokerage upgraded Bank of Baroda, Kotak Mahindra Bank and select financial stocks. ...Less

Apple Pay has officially made its debut in India, providing a seamless contactless payment experience for ...More

Apple Pay has officially made its debut in India, providing a seamless contactless payment experience for users. With Axis Bank Visa and Mastercard credit cardholders now able to use Apple Pay, transactions can be completed effortlessly at various merchants. This innovative service ensures security while shopping online and in-store without the hassle of PINs or OTPs. ...Less

In an exciting development, Apple has rolled out its payment service, Apple Pay, in India through a colla ...More

In an exciting development, Apple has rolled out its payment service, Apple Pay, in India through a collaboration with Axis Bank. Users holding Axis Bank cards can easily enact contactless transactions. The process of adding cards is straightforward with the Wallet app or the Axis Bank app, with no need for PINs or OTPs. ...Less

Goyal has been leading trade negotiations with key partners, including the US, after sealing high-profile ...More

Goyal has been leading trade negotiations with key partners, including the US, after sealing high-profile deals with the UK, which came into force in July, and the EU, which is expected to take effect early next year. His ministry is also overhauling a raft of laws and regulations to make it easier to do business and to cement India's position as a global manufacturing hub, a push that has coincided with record foreign direct investment (FDI) inflows of $94.53 billion in FY26. ...Less

Apple pay india launch: Apple has officially launched Apple Pay in India. This contactless payment servic ...More

Apple pay india launch: Apple has officially launched Apple Pay in India. This contactless payment service allows for easy and secure transactions at various merchants across the country. Users can add their cards to the Apple Wallet through the Axis Bank app or the Wallet app. Apple Pay is designed to enhance security through tokenisation and device-level protections. ...Less

Apple Pay is expected to launch in India next month with Axis Bank credit cards, ahead of wider bank supp ...More

Apple Pay is expected to launch in India next month with Axis Bank credit cards, ahead of wider bank support, Reuters reported. The service will focus on card based tap and pay payments through Face ID and Touch ID, separate from India's dominant UPI network, with HDFC Bank and ICICI Bank still finalising their own tie ups. ...Less

Molbio Diagnostics shares jumped after Jefferies initiated coverage with a Buy rating and named it a high ...More

Molbio Diagnostics shares jumped after Jefferies initiated coverage with a Buy rating and named it a high-conviction top pick. The brokerage set a Rs 1,600 target price, implying 27% upside from Tuesday’s close and nearly 98% above its Rs 807 IPO price. The stock had listed at a 21% premium at Rs 980. ...Less

Apple Pay has officially launched in India, allowing users to make contactless payments using Axis Bank c ...More

Apple Pay has officially launched in India, allowing users to make contactless payments using Axis Bank credit cards. Users can add their Visa and Mastercard credit cards to Apple Pay to facilitate these payments. The service provides a secure and private method for transactions without requiring PINs or OTPs. This launch marks a significant expansion in digital payment options available to Indian consumers. ...Less

The National Stock Exchange saw a solid 2% rise on its debut day following its IPO. In recent months, sev ...More

The National Stock Exchange saw a solid 2% rise on its debut day following its IPO. In recent months, several major IPOs in India have struggled after their launch, with Hyundai Motor India and LIC experiencing steep losses on their first day. Conversely, LG Electronics India enjoyed a strong debut, while ICICI Prudential Asset Management held above its initial offer price. ...Less

As Nifty edges closer to the vital support level of 23,000, the risk of falling to 22,600 becomes apparen ...More

As Nifty edges closer to the vital support level of 23,000, the risk of falling to 22,600 becomes apparent. Traders are encouraged to adopt diverse strategies like long positions and hedging. The Bank Nifty is also positioned at a crucial support zone, leading to similar trading recommendations. Attention is drawn to stocks like Deepak Fertilisers and EID Parry for potential investments. ...Less

Helios Flexi Cap Fund reshuffled its portfolio in August, cutting exposure to HDFC Bank, Reliance Industr ...More

Helios Flexi Cap Fund reshuffled its portfolio in August, cutting exposure to HDFC Bank, Reliance Industries and other holdings while adding to Swiggy, Paytm and several other stocks. The fund also exited five stocks and added two new names. Its portfolio stood at 68 stocks across 26 sectors during the month. ...Less

Paytm shares have rebounded over 480% from their lifetime low but remain 20% below the Rs 2,150 IPO price ...More

Paytm shares have rebounded over 480% from their lifetime low but remain 20% below the Rs 2,150 IPO price. The introduction of MDR on select high-value UPI transactions could create a new revenue stream for the fintech, while merchant lending, operating leverage and AI initiatives may offer additional growth avenues. ...Less

Indian equity benchmarks Sensex and Nifty ended higher on Friday, bouncing back to close at 73,896 and 23 ...More

Indian equity benchmarks Sensex and Nifty ended higher on Friday, bouncing back to close at 73,896 and 23,140.50 respectively. Geojit’s Vinod Nair cited strong domestic liquidity holding Nifty above 23,000, while elevated crude prices and persistent foreign outflows continue to cap near-term market upside ahead of Monday's trade. ...Less

OpenAI and Anthropic are reportedly commanding valuations that translate into roughly 30-38 times price-t ...More

OpenAI and Anthropic are reportedly commanding valuations that translate into roughly 30-38 times price-to-sales, compared with around 3.7 times for the average S&P 500 company. ...Less

Paytm shares surged over 7% after brokerages raised target prices following the introduction of MDR on se ...More

Paytm shares surged over 7% after brokerages raised target prices following the introduction of MDR on select UPI transactions above Rs 2,000. Jefferies, JM Financial and Emkay Global retained Buy ratings on the stock. ...Less

The National Stock Exchange's debut was characterized by a modest 0.8% premium on its initial public offe ...More

The National Stock Exchange's debut was characterized by a modest 0.8% premium on its initial public offering price. The Chairman underscored the necessity of adopting a long-term viewpoint when assessing the exchange's viability. NSE's strategic direction includes diversifying its revenue streams over the next five years to minimize dependence on transaction fees. ...Less

NSE made a muted debut with a 0.8% listing gain, placing it near the lower end of the Rs 10,000 crore-plu ...More

NSE made a muted debut with a 0.8% listing gain, placing it near the lower end of the Rs 10,000 crore-plus IPO club. Despite strong subscription and its dominant market position, the exchange delivered a modest debut. Brokerages remain constructive, citing long-term growth potential, strong fundamentals and India’s financialisation. ...Less

Paytm and Pine Labs stand to benefit from the new UPI MDR framework, but the impact could differ sharply. ...More

Paytm and Pine Labs stand to benefit from the new UPI MDR framework, but the impact could differ sharply. Paytm has a larger absolute revenue opportunity, with analysts estimating FY28 UPI MDR revenue of up to Rs 1,160 crore, while Pine Labs could see a bigger impact on earnings and profitability. ...Less

Paytm shares fell after the government directed banks and payment providers not to charge for UPI transac ...More

Paytm shares fell after the government directed banks and payment providers not to charge for UPI transactions up to Rs 2,000, raising uncertainty over charges for higher-value transactions. The decline came a day after Paytm hit a fresh 52-week high of Rs 1,840, with the stock having nearly doubled from its March low of Rs 930.6. ...Less

India’s ecommerce and digital platforms are preparing for a surge in personal AI agents that could increa ...More

India’s ecommerce and digital platforms are preparing for a surge in personal AI agents that could increasingly make shopping decisions and transactions for consumers, forcing companies to rethink pricing, customer engagement and bot verification. ...Less

Paytm, MobiKwik and Pine Labs are likely to remain in focus after the government announced MDR on select ...More

Paytm, MobiKwik and Pine Labs are likely to remain in focus after the government announced MDR on select UPI transactions above Rs 2,000. From October 15, merchants will pay a 0.4% fee on eligible P2M UPI transactions, capped at Rs 300 for payments of Rs 75,000 or more. ...Less

India’s midcap stocks outperformed the Nifty 50 over six months, with 10 stocks gaining 50%-105%, alongsi ...More

India’s midcap stocks outperformed the Nifty 50 over six months, with 10 stocks gaining 50%-105%, alongside notable FII and mutual fund holdings. ...Less

His comments come as the government moves towards allowing charges on a limited set of UPI transactions. ...More

His comments come as the government moves towards allowing charges on a limited set of UPI transactions. On Monday, the government notified that UPI transactions of up to Rs 2,000 will remain free of MDR, while leaving the door open for levies on higher-value transactions. ...Less

The Hyderabad region has three availability zones and is built for AI workloads from day one, adding to M ...More

The Hyderabad region has three availability zones and is built for AI workloads from day one, adding to Microsoft’s existing cloud regions in Pune, Chennai and Mumbai, as per Microsoft India and South Asia president Puneet Chandok. ...Less