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Paytm to monetise in-house AI tools, sharpen wealth pushFounder and chief executive Vijay Shekhar Sharma said some AI products had already started generating a few lakh rupees in revenue. The com...
Aurum PropTech Q1 income up 57%; logs third straight profitable quarterAurum PropTech achieved a 57% income increase and third consecutive profitable quarter. The company accelerated AI initiatives and acquired...
EbixCash becomes first non-bank entity to get RBI nod for trade remittancesEbixCash secured a perpetual Authorised Dealer Category-II licence from the Reserve Bank of India. This licence allows the company to handl...
Realty deal values nearly triple to $2.3 billion in Q2 on robust PE, public market activityIndia's real estate sector saw deal values nearly triple sequentially to $2.3 billion. Private equity investments and capital market activi...
Don't put a toll on UPI: Why merchant discount rate isn't the answerA proposal to introduce a merchant discount rate (MDR) on UPI transactions above ₹2,000 for businesses with annual turnover of ₹1-1.5 crore...
When Being a Family Business Becomes a Competitive AdvantageFamily businesses often underestimate the strategic power of their familial identity, defaulting instead to corporate models that erode the...
UPI MDR could raise business costs, hurt consumption if introduced: ExpertsExperts suggest focusing on who bears UPI merchant discount rate costs. Introducing this fee could increase business operating expenses and...
UPI MDR may return for large merchants: What it means for your digital paymentsIndia's government is considering a small Merchant Discount Rate for large UPI retailers. This potential change aims to create a sustainabl...
Peak XV leads Rs 350 crore funding round in wealth manager Neo GroupThe transaction is expected to close shortly, Neo said in a statement. It did not disclose the valuation for the round or the investment sp...
ETtech Deals Digest: Udaan, Emergent deals lift weekly funding to $346 million, up 332% on-yearIndian startups secured $346.2 million across 20 funding rounds. Udaan and Emergent led the funding with substantial large-stage deals. Lat...
Exclusive: UPI merchant fee likely to be set at 5-7 basis points: sourcesThe move would mark a significant shift in India’s digital payments policy, six years after the government made UPI and RuPay debit card tr...
Exclusive: Govt may bring back UPI merchant fee for big businessesIndia may reintroduce merchant discount rates for large businesses on UPI transactions. This move aims to address the financial sustainabil...
Aurum PropTech acquires Housing.com at enterprise value of Rs 458 croreAurum PropTech acquired a property classified platform for Rs 458 crore. This strategic acquisition aims to build a unified AI and data arc...
US Stock Market: Wall Street investment banking revival gains momentum as IPOs, M&A fuel deal boomWall Street's investment banking recovery is gathering momentum, driven by a rebound in IPOs, M&A deals and corporate debt issuance. The si...
UPI fees explained: Why the government plans to revive MDR and who will payThe central government is considering reintroducing a merchant discount rate on UPI transactions. This levy would apply only to large merch...
World's first angry customer: How, nearly 4,000 years ago, a man complained about poor-quality copper on a clay tablet and created history's oldest customer complaintWorld's first angry customer: A 4,000-year-old clay tablet is believed to record the world's oldest known customer complaint from ancient M...
Mukand to sell 9 acres of Kalwa land to AGP DC Infra for Rs 506 croreBajaj Group’s Mukand Ltd has finalized a term sheet to sell a significant portion of its land, approximately nine acres, in Kalwa, Thane. V...