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JD Cables IPO: HDFC Bank invests Rs 1 crore as anchor investors pump in Rs 27 crore; GMP jumps 20%HDFC Bank invested Rs 1 crore as an anchor in JD Cables’ Rs 69 crore SME IPO, joining 20 institutional investors. The IPO opens September 1...- Regaal Resources raises Rs 92 crore from anchor investors ahead of IPORegaal Resources raised ₹92 crore from anchor investors before its ₹306 crore IPO, opening Tuesday. The Bihar-based maize products maker al...
- Ahead of IPO, Enviro Infra Engineers mobilises Rs 195 cr from anchor investorsEnviro Infra Engineers, which is involved in the development of turnkey projects of sewage treatment plants and sewerage system, on Thursda...
- Stellar debut! delaPlex shares list at 61% premium at Rs 309The stock of delaPlex was listed at a premium of 61% at Rs 309 on the NSE on Friday against the issue price of Rs 192. The uptick in stock ...
- App taxi companies ride past bad days as offices, schools openOla last week crossed the pre-pandemic levels in total business, in terms of the value of rides hailed on the platform, according to founde...
- Meru Cabs launches office commute serviceThe service, through which commuters can book their trips to and from the office for an entire month in advance, will have no surge pricing.
- MobiKwik targets profits by April 2018; increases offline play"We expect to become profitable by 2018 and continue to expand financial offerings to help meet this goal," MobiKwik co-founder Upasana Tak...
- Meru tears into Uber for "breaking" local lawsThis was apparently in response to a blogpost by Bhavik Rathod, Uber's general manager of South and West in India.
- Taxi aggregator Uber to accept credit card payments in India; ties up with ZaakpayFor accepting local card payments, Uber India has tied up with Zaakpay, which was earlier working with rival Ola cabs.
- Uber to accept cash payments in Hyderabad to gain customers, catch up with rival OlaWith the Hyderabad pilot, Uber aims to gain a deeper understanding of customer behaviour, preferences and usage trends.
- RBI calls for greater ties between banks & e-commerce companiesThe Reserve Bank of India is looking at a plan to allow pre-paid issuers offer rupee card of over Rs 2 lakh to NRIs.
- Maharashtra government plans GPRS in taxis for women's safetyMany offences have been registered under the Maharashtra Protection of Interests of Depositors Act in the state.
- Radio taxis seek simpler digital payment norms from RBICompanies want end to two-step authentication for commuters paying small amounts, freedom to operate digital wallets without payment gatewa...
- Partnership between VC-funded start-ups & driver-operators changing taxi business in IndiaUber has sent out comparative prices, comparing itself with autorickshaws! A ride on UberGo, it claims, will be cheaper than taking an auto.
- Cab startups like Olacabs, TaxiForSure, Uber, eye mobile wallets for growthThe mobile wallet also does away with the possibility of arguments over getting the balance amount back from the cab driver.
- Olacabs ready to ferry sweets and greeting cards this DiwaliTaxi aggregator Olacabs has offered to ferry sweet boxes and greeting cards across 16 cities this festival season.
- After RBI diktat, Uber under the scanner of Services Tax DepartmentThe service tax notice to Uber makes it the first such demand to a foreign service provider in the e-commerce space in the country.
- Mobile wallets to make payments easy for customersHost of local mobile wallets are finally seeing acceptance among the customers to smoothen payment procedures.
- Indian startups vex as foreign cos bypass RBI security checkStartups are asking for payment security rules imposed on them by the RBI to be extended to foreign entrants offering similar services
- Prepaid e-wallets may help Uber meet RBI guidelinesRBI on Friday said that payments for local services would have to be routed through domestic payment gateways.
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