UPI crosses 20 billion transactions in August, records ₹24.85 lakh crore valueUPI achieved a milestone in August 2025, surpassing 20 billion monthly transactions, totaling ₹24.85 lakh crore. This represents a signific...
09 Sep, 2025, 08.01 PM IST
UPI spends on digital goods drop 26% in August after real-money banUPI payments for digital goods dipped in August after a blanket ban on real-money gaming. Many companies had to shut down such services, wh...
09 Sep, 2025, 10.38 AM IST
Groceries, supermarkets lead UPI merchant payments in July; debt collection tops by valueAmong remitter banks, SBI led with 5.21 billion transactions, followed by HDFC Bank (1.54 billion), Bank of Baroda (1.33 billion), and Unio...
11 Aug, 2025, 07.01 PM IST
French payment firm Worldline enters direct merchant acquisition in India, unveils new appIt has also launched a new business application on its new generation Android-powered smart terminals which can help merchants accept payme...
31 Oct, 2023, 06.11 PM IST
More Retail's FY23 loss widens to Rs 550 crore, revenue falls 7.4%More Retail loss rose to Rs 550 crore in 2022-23 from Rs 402 crore in the fiscal before. Revenue has declined 7.4% to Rs 4,507 crore. Reven...
27 Oct, 2023, 12.45 AM IST
Amazon job cuts hit staffers in grocery, robotics, payments, AWS divisionsAmazon announced job cuts of around 18,000 employees last month, and those who lost their jobs were from various divisions of the company, ...
01 Feb, 2023, 01.48 PM IST
Contactless payments grew 6x in last 3 yearsContactless has become the preferred way of payment for the majority of affluent clients, particularly for everyday necessities such as foo...
20 Jun, 2022, 04.38 PM IST
Contactless payments saw 6 times growth in last 3 years in IndiaAccording to Worldline India, while 25% of all transactions at supermarkets were contactless in January 2020, these transactions rose to 31...
16 Jun, 2022, 02.28 PM IST
Alibaba’s grocery chain Freshippo considers funding at $10 billion valueThe separate fundraising raises the prospect that Alibaba may consider spinning off the chain as a separate business, unlocking some of the...
14 Jan, 2022, 10.20 AM IST
Meesho, Shopclues, NoBroker, others enter online grocery space for survivalThe foray into grocery and delivery of essentials have also been pushed by local governments and allows these businesses to get curfew pass...
09 Apr, 2020, 12.14 PM IST
21-day nationwide lockdown: For many, ePay's the way to buy essentialsOver 50% of all debit and credit card transactions — both at point-of-sale machines used by local stores and online checkouts at merchant s...
08 Apr, 2020, 11.28 AM IST
Kiranas become a lifeline for urban consumers in times of lockdownThe countrywide lockdown has helped neighbourhood grocery stores to make a comeback in metro cities.
02 Apr, 2020, 06.28 AM IST
BigBasket receives $200 million in a round led by AlibabaAs per the company filings, Alibaba owns 14,60,000 shares of the Bengaluru-based company which is registered as Supermarket Grocery Supplie...
02 Feb, 2018, 10.24 AM IST
Demonetisation triggers shift from unorganised to organised retailOrganised retailers in the food, grocery and fashion retail segments to be unaffected, given the relatively low average ticket size of tran...
13 Jan, 2017, 08.51 PM IST
Here are apps to help you pay without cashBy simply installing the following apps, an individual can tide over the ongoing cash crunch caused by demonetisation.
21 Nov, 2016, 06.30 AM IST
- Retail biggies like Foodworld, Spencer's, Food Bazaar cease to accept Sodexo coupons
Retailers say food coupons is eating into their margins as coupons need to be verified & sent to Sodexo and only after that do retailers re...
09 Jan, 2012, 06.46 AM IST
- Trinethra: Birla's first retail takeover
The AV Birla group joins the retail bandwagon by acquiring the Hyderabad-based Trinethra Super Retail.
03 Jan, 2007, 01.35 AM IST