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'It's April Fools! It was a joke! Get back in here!': The boss whose prank made the employee walk out, but cost him his position and earned the employee a raiseA boss's April Fools' Day prank of firing an employee went terribly wrong. The employee reacted by quitting and reporting the incident. Thi...
20 months of bearish markets: One additional letter that tells you which 'cheap' stocks are actually cheapMost investors live by one ratio. That ratio that tells them all they want to know – or should one say all they want to hear? They open a s...
'I walked out of my toxic job, and my boss told me to go back in for one last thing': A nursing home receptionist's story and the crisis behind itA receptionist at an assisted living facility resigned after being forced to manage residents with dementia attempting to leave, a task bey...
Warren Buffett's framework for finding businesses to invest : The ‘Shiftless Nephew test’Warren Buffett once revealed a brutally simple test for separating great businesses from merely good ones: Could you put a lazy, not-too-sm...
Wars, recessions, political crises, market crashes. Warren Buffett’s advice on each of themWarren Buffett made a prediction in the mid-1990s he knew would come true: Berkshire Hathaway's future returns would fall short compared to...
Delhi businesswoman loses nearly Rs 1 lakh after an automated call from food delivery appDelhi Police arrested two cyber criminals for duping a woman of Rs 97,000 through a food delivery app scam. The criminals used IVR technolo...
PayU India income rises to $399 million, revenue growth slowsEven as overall income saw a bump, PayU India’s revenue growth rate slowed from the 42% witnessed in FY22.
Exclusive | 150 staffers lose jobs as PayU lays off 6% of its workforceA person aware of the matter said the layoffs are spread across various teams and mainly impacted PayU India’s unit, Wibmo, a digital payme...
PayU reports over 50% jump in revenue, clocks net profit of Rs 126 crorePayU had reported Rs 1,415.67 crore in consolidated revenues for the fiscal year ending March 31, 2021 (FY21). It had also reported net los...
Fintech startup Uni temporarily stops servicing existing card usersThis comes after the company had stopped issuing new cards in June, after Reserve Bank of India’s (RBI’s) communication to industry stakeho...
SBM Bank delivers a blow to card-fintechs barring onboarding of new usersFintech unicorn Slice has hit pause on new card issuance but acquiring users via UPI and other products.
Prepaid card issuances dry up for fintech firmsNew numbers dip to fraction of levels before RBI bar on credit links to PPIs.
LazyPay updates terms to comply with RBI orderThe buy-now-pay-later (BNPL) service asked customers in a message on Thursday to accept the terms, failing which all transactions would be ...
PayU's LazyPay launches credit product 'LazyCard' amid growing competition in BNPL spacePayU’s ‘buy now pay later’ (BNPL) solution, LazyPay has partnered with SBM Bank India for the prepaid instrument, as the company looks to u...
PayU India sees revenue nearly double to Rs 588 crore in FY18Firm claims 50% market share in ecommerce payments on the back of scaling ops and LazyPay launch.
PayU India brings more than half the overall business of parent companyNaspers’ payments business, which gets majority of its revenues from India, valued at $5.2 billion, as per a Citi report.
Wallet companies like Citrus Pay,PayWorld launches new productsLazy Pay is yet another payments option which goes beyond cards, wallets and net banking for select Citrus wallet customers.