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AGGREGATOR LICENCE
PB Fintech to inject Rs 20 crore into payments arm, expand Dubai presenceThe capital infusion will be made in one or more tranches through equity subscription and is aimed at supporting PB Pay's business expansio...
Cashfree Payments bets on cross-border push with travel, investment paymentsCashfree plans to begin pilots this year for overseas investment, travel and business-to-business payment services, expanding beyond online...
India's SBI-backed Cashfree Payments bets on cross-border push with travel, investment paymentsIndian fintech firm Cashfree Payments is set to significantly expand its cross-border operations, aiming to capture growing international t...
PayU India posts first full-year operating profit in FY26; revenue rises 13%During the second half of FY26, PayU India also exited certain "negative margin portfolios", impacting its sequential revenue growth. In th...
Sold, or just shipped? How sales figures can be manipulated – and how you can spot itGoods left the warehouse. The invoice went out. So it must be a sale, right? Not always. Under the rules, a sale counts only when the custo...
DDA auction of 142 properties generates Rs 1,300 crore revenueThe Delhi Development Authority has hit a major milestone by auctioning 142 properties, bringing in a remarkable revenue of Rs 1,321 crore....
Delhi hotel Fire: Who is Lavkesh Bajaj, Malviya Nagar hotel owner, and how did a six-room B&B become a 25-room hotel?Lavkesh Bajaj hotel owner: A devastating fire at Flourish Stay B&B in Malviya Nagar claimed 21 lives. Owner Lavkesh Bajaj is now under inve...
Decentro secures final payment service provider licence at GIFT CityWith this, Decentro has become the first Indian payment aggregator to secure the approval. With the licence, Decentro has established an en...
Dish TV FY26 loss widens as subscription revenue shrinks amid OTT pressureDish TV India faced a significant financial setback in FY26, reporting a wider consolidated loss. Subscription revenue saw a sharp decline ...
Mobikwik gets RBI nod for offline payment aggregator licenceMobikwik Systems secured RBI's in-principle nod for a Payment Aggregator-Physical license, paving the way for offline merchant payments. Th...
RBI's new draft guidelines have digital wallets feeling the pinchFounders and senior industry executives told ET that the new draft guidelines released by the RBI on April 22, if implemented in the curren...
Uber CEO on Travis Kalanick; Micron’s warning to IndiaDara Khosrowshahi told ET in an interaction that Uber is open to collaborating with founder Travis Kalanick. This and more in today’s ETtec...
Haryana cabinet approves new rules: No petrol, diesel vehicles for cab aggregators in NCRHaryana's Cabinet has approved new rules for vehicle aggregators. From January 1, 2026, all new vehicles joining fleets in NCR areas must b...
Why India cannot build a world-class fintech champ yetIndia boasts world-class digital finance but lacks global consumer fintechs. Regulatory hurdles prevent innovation, unlike in markets with ...
Maharashtra cracks down on illegal bike taxis, app stores notified: ReportThe cybercrime department of Maharashtra is taking action against illegal bike taxi services across the state. Notices have been sent to mo...
Fintechs trade the wild west for regulatory licencesIndia's leading fintech firms, once disruptors, are now actively seeking regulatory licenses to ensure sustainable growth. Companies like P...
India must leverage its digital verification architecture to evolve into a trust-based economyIndia faces a low-trust economy with high friction, exemplified by complex KYC norms. Finance Minister Nirmala Sitharaman highlighted this ...
Gift City turns growth lever for cross-border digital payment firmsCross-border digital payment firms are increasingly targeting Gift City for growth, seeking Payment Service Provider (PSP) licenses to cate...
Amazon Pay secures payment aggregator licence from RBIA payment aggregator licence by the RBI will enable Amazon to increase its merchant payments business, a major opportunity for the ecommerc...
RBI grants payment aggregator licences to Razorpay, Cashfree, others; FirstCry’s IPO detailsWhile the payment aggregator licence was thought to be routine initially, for the likes of Razorpay and Cashfree, it makes a big impact as ...