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...
27 Oct, 2023, 07.41 PM IST
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...
09 Jan, 2023, 07.48 AM IST
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.
28 Jul, 2020, 09.15 PM IST
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...
19 Aug, 2019, 10.43 AM IST
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.
27 Jan, 2017, 05.32 PM IST
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.
24 Jan, 2017, 11.24 PM IST
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...
20 Jan, 2017, 08.30 AM IST
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...
12 Aug, 2016, 03.29 AM IST
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...
11 Aug, 2016, 07.23 PM IST
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...
27 Jul, 2016, 12.47 PM IST
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...
06 Apr, 2016, 04.33 AM IST
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.
03 Feb, 2016, 02.48 PM IST
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...
18 Jan, 2016, 04.29 PM IST
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...
17 Dec, 2015, 11.38 AM IST
Suvidhaa Infotech acquires mPoS platform AasaanPayThe acquisition will help Suvidhaa reach bottom-of-pyramid customers in the semi-urban and rural areas.
16 Sep, 2015, 05.03 PM IST
- HDFC Bank launches co-branded credit card with Jet Airways
Jet Airways and HDFC Bank today launched a co-branded credit card, which offers a slew of benefits and rewards to frequent flyers.
07 Aug, 2012, 07.52 PM IST
- IFC, Citigroup look to pick up local banks’ securitised debt
Global entities such as Citigroup and IFC have discovered a new opportunity in securitised instruments and are breathing fresh life into a ...
31 Jul, 2006, 02.20 AM IST