SBI staff union, global associations ask RBI to rethink NUE policyAs many as six consortiums, including one led by multinational company Amazon, have applied for a New Umbrella Entity (NUE) licence from th...
RIL plans global payments play via NUEThe NUE will be jointly promoted by an RIL unit and Infibeam Avenue subsidiary So Hum Bharat along with two global giants - Facebook and Go...
Six consortiums apply to RBI for NUE licence for retail paymentsThis includes consortiums are led by Paytm, India Post and Fintech startup iserveU.
Policybazaar to team up with Paytm, Ola and IndusInd Bank for NUE bidPolicyBazaar and others have set up an entity called Foster Payment Network which will front the NUE bid under Reserve Bank of India’s fram...
View: The issues with RBI's plan to set up 'NUE' entity for retail paymentsNUEs seek to set up, manage and operate new payment systems — therefore, replicate and augment the Unified Payments Interface (UPI) network...
Paytm NUE will stand apart from rivals’, Vijay Shekhar Sharma saysPaytm’s new umbrella entity (NUE) will differentiate itself from rivals because of its diverse set of consortium partnerships, CEO Vijay Sh...
SBI isn’t giving up on NUE licence yetState Bank of India (SBI) has told the finance ministry that keeping the country’s biggest mass lender out of RBI’s New Umbrella Entity (NU...
‘Conflict of Interest’ may hit Mastercard and Visa’s NUE licence plansAs of now there's no clarity on whether Visa and Mastercard's presence in a New Umbrella Entity (NUE) for digital payments will be seen as ...
Reliance, Google, Facebook, Infibeam's NUE bid: What does this mean?Experts say that a successful bid for NUE is set to add to the company's plans to make further inroads into the buoyant digital space. Muke...
Scoop: Reliance partners Google, Facebook in seeking NUE licence from RBIThe new umbrella entity (NUE) will be jointly promoted by a Reliance unit and Infibeam Avenues' So Hum Bharat, while Facebook and Google wi...
Walmart could join other tech giants in picking up stake in one of the NUEsPeople close to the situation said that at least two consortium players preparing to apply for the coveted NUE license have approached Walm...
Yes Bank eyes 10% stake in So Hum BharatNUE will challenge NPCI and is expected to offer services like managing ATMs, point-of-sale machines, Aadhaar-based payments and remittance...
NPCI considering ways to tighten non-compete clauses to contracts of senior, mid-level employees“The payments corporation is offering retention bonus to senior staff and has taken a legal opinion on whether they can enforce the non-com...
Fintech execs eye new e-pay entity’s licenceItzCash founder Navin Surya and Infibeam Avenues executive director Vishwas Patel are joining forces to set up a new firm to apply for the ...
RBI has a NUE plan for digital payment playersThe NUE should also maintain a minimum net-worth of Rs 300 crore always.
Mahyco, Arcadia Biosciences develop nitrogen use efficient riceMahyco Seeds and Arcadia Biosciences Inc., today announced the achievement of Nitrogen Use Efficient (NUE) rice. As outlined in the 2008 ag...
Mahyco buys Arcadia's technology to develop NUE riceMahyco Seeds today said it has bought technology from US-based agricultural technology company Arcadia Biosciences to develop NUE rice in I...