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KIRANA STORES
Retailers push back against proposed 0.4% MDR on UPI transactions above Rs 2,000, warn of hit to thin marginsRetailers are strongly opposing a proposed merchant discount rate on UPI payments. This new charge will significantly impact their already ...
No smartphone, no internet? PhonePe brings UPI to 220 million feature-phone usersAt the Global Fintech Fest 2026 in Mumbai, PhonePe announced UPI 123Pay support for its app on feature phones, taking the SMS-based, intern...
How Mahindra built India's most recognisable off-road vehicle portfolioMahindra has carved its niche in off-road vehicles by prioritizing rugged terrain capability over traditional market segments. Their journe...
“Whether we leave anyone behind”: Sameer Nigam’s blueprint for PhonePe’s second decadeAt Global Fintech Fest 2026, PhonePe founder‑CEO Sameer Nigam framed the company’s first ten years as the construction of India’s financial...
Udaan to acquire Swiggy-owned retail distribution company Lynk LogisticsUdaan is acquiring Swiggy-owned Lynk Logistics in a deal valuing the retail distribution firm at Rs 500 crore. Swiggy will receive a 2.8% s...
Difficult time for microfinance business behind us, Q2 to see growth, says IndusInd Bank MDIndusInd Bank expects its microfinance business to grow 15-20% in FY27, with CEO Rajiv Anand saying its difficult phase is now behind it. T...
Finance Ministry notifies norms allowing e-commerce firms to maintain inventory only for exportsIndia has relaxed FDI rules for e-commerce exports, allowing foreign-funded e-commerce companies to hold inventory if the goods are made in...
ED raids 12 places across four states in Cyprus-based betting platform Parimatch probeThe search operation is continued by the ED's Mumbai zonal office under section 17 of PMLA, 2002, which grants authorised officers the powe...
How Mahindra built India's most recognisable off-road vehicle portfolioMahindra's off-road vehicles have distinguished themselves by emphasizing terrain adaptability rather than conventional market classificati...
India’s next online grocery goldmine lies beyond the traditional routesThe shift in India’s e-commerce market is revealing a growing focus on value-oriented buyers from smaller towns. These consumers favor cost...
Independence Day 2026: The companies India built for business backbone enter a new chapter2026 Independence Day: India's public sector, initially built for industrial necessity, is now undergoing a significant transformation. The...
ETtech Explainer: Why is Meesho building a low-cost logistics network for grocery?Meesho is taking a different approach in the B2B grocery supply sector, where startups have found it hard to scale and incurred high cash b...
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...
UPI to remain free for consumers, says Payments Council of IndiaThe Payments Council of India clarified UPI transactions will remain free for consumers. Small merchants, including kirana stores, will als...
Payments Council backs UPI merchant charges, says users, small businesses will remain exemptPCI said small merchants, including kirana stores, should not be charged for accepting UPI payments. Any merchant service charge would be a...
'Dubious claims': Congress' Jairam Ramesh hits back at Nirmala Sitharaman on taxation billJairam Ramesh countered Nirmala Sitharaman's claims regarding a new taxation bill. He stated government assurances do not replace statutory...
To IPO, or to IPOstpone? : What Zepto’s IPO pullback tells a bigger story about business and timing.The speed with which Zepto has ramped its national footprint is mindboggling. But with mounting losses, half-baked business plans, the spe...
When is the right time for an IPO?Zepto has decided to delay its IPO as investor anxieties mount regarding its current valuations. Many fund houses are hesitant to invest at...
Hershey to focus on top six cities, exit general trade in non metrosHershey India is pivoting away from general trade in non-metro areas, focusing its efforts instead on the premium urban markets of six majo...
AI-led underwriting is the missing link in India’s MSME credit storyIndia’s MSME credit gap sits at Rs 25-30 lakh crore. Of the 87 million registered MSMEs, only 36 million have ever taken a formal loan.