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PARESH MERCHANT
Anant Ambani wedding: Akshay Kumar to skip grand ceremony as actor tests COVID-19 positiveAkshay Kumar will miss the wedding of Anant Ambani and Radhika Merchant on July 12 after testing positive for COVID-19. While promoting his...- NCLT approves Swan Energy's loan repayment to Reliance Naval by one yearSwan has set up the board with its managing Director Nikhil Merchant, Executive Director Paresh Merchant and Bhavik Merchant and Vivek Merc...
- Swan Energy to take over Reliance Naval and Engineering, shares jump 6%As the first step, SEL will set up a Board of Directors once the Monitoring Committee appointed by the NCLT gets dissolved. SEL will kick s...
- Swan Energy-Hazel Mercantile make payment of first tranche to acquire Anil Ambani’s Reliance Naval and Engineering LtdSwan Energy partnered with resolution applicant Hazel Mercantile Ltd through its special purpose vehicle – Hazel Infra Ltd – to acquire RNE...
- Swan Energy to use Reliance Naval to foray into naval defence contracts, oil & gas and repairThree-year expansion plan includes becoming a hub for APAC orders, coast guard jetty, second dry dock. Plans to use the facility to bag int...
- NSE-BSE bulk deals: Smallcap stocks dominate bulk deals on TuesdayHere’s who bought and sold what in some of the key bulk deals of the day.
- Fintech firm Suvidhaa plans e-commerce forayThe new marketplace will be called Suvideals.ooo and will focus on selling only one branded product per day at highly attractive liquidatio...
- Lower MDR will kill the digital payments industry: BanksWhile banks are likely to bear the maximum brunt of lowered rates, the impact will also ripple over to the rest of the ecosystem.
- HDFC Bank wants reasonable MDR chargesThe country's second largest lender had 2.95 lakh PoS terminals as on October 2016, making it the largest player in this segment.
- Digital payment firms hope for tax benefits in Union BudgetThey have also requested for extension of the import duty waiver on PoS terminals for card payments beyond March 31 as it expects the deman...
- Suvidhaa plans to expand in cities, targets $10 millionThe project, which was launched in pilot mode in Mumbai in December last year, will be activated across Surat, Delhi and Pune this financia...
- Suvidhaa has initiated talks to raise $10 million in fresh equityThe company already counts North West Venture Partners, Reliance Venture Asset Management, International Finance Corporation, Mitsui as its...
- Suvidhaa Infoserve ties up with Indifi Tech for easy loan processing for SMEsSmall and Micro retailers face a huge challenge in terms of meeting working capital reqauirement to scale up their businesses and service m...
- RBI calls for strengthening of business correspondent modelReserve Bank of India has called for the strengthening of the business correspondent model to improve quality delivery of financial service...
- Budget 2016: Swiping your card may help you save taxGovt may announce tax benefits for non-cash transactions in this year’s Budget following recommendations made by the PCI.
- Payment companies await a digital push from Narendra Modi governmentPayments companies are hopeful that‘Startup India Standup India’ initiative for the startup sector will help consumers migrate to a cashles...
- HDFC Bank elevates seven senior executives in bid to retain talentHDFC Bank has elevated 7 senior executives to group heads of various businesses as it tries to groom talent and protect them from being poa...
- Suvidhaa Infotech acquires mPoS platform AasaanPayThe acquisition will help Suvidhaa reach bottom-of-pyramid customers in the semi-urban and rural areas.
- HDFC Bank launches co-branded credit card with Jet AirwaysJet Airways and HDFC Bank today launched a co-branded credit card, which offers a slew of benefits and rewards to frequent flyers.
- IFC, Citigroup look to pick up local banks’ securitised debtGlobal entities such as Citigroup and IFC have discovered a new opportunity in securitised instruments and are breathing fresh life into a ...
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