The adjudicating authority under the Foreign Exchange Management Act has issued show-cause notices to Xiaomi Technology India Private Limit...

Edtech startups such as Masai School, Simplilearn and Relevel are reworking their approach because of the slowdown in the job market, espec...

Cryptocurrencies will be responsible for the next financial crisis if allowed to proliferate freely, Reserve Bank of India governor Shaktik...

Earlier this year, the RBI gave an in-principle nod to Razorpay and Cashfree for their payment aggregator (PA) licence applications. Five m...

The ED, under the Foreign Exchange Management Act (FEMA), has approved an order of seizure of over Rs 5,551 crore worth of deposits of Chin...

Last week we reported that the Indian government had given Twitter until July 4 to heed its takedown requests or lose immunity from prosecu...

Xiaomi and Oppo, with more than 100 million in combined smartphone users in India, cannot directly lend to consumers without a shadow banki...

The NPCI is working to enable this feature within next 6 months, starting with UAE and Singapore, sources said.

Many think WhatsApp can help India emulate China's WeChat story, and help achieve the cashless payments objectives.

Several milestones were achieved in domestic payments last year. India’s RuPay Card crossed 500 million and Bharat BillPay on-boarded over ...

A look at top macro triggers that may move market on Monday.

Xiaomi Financial Services plans to provide loans to consumers for purchasing electronics, home appliances, lifestyle products etc.

Prior to this, all Indian user data used was stored in AWS servers across Singapore and the United States.

The concern of the government stems from the fact that internet access in India is led by mobile devices which has emerged as the main sour...

PM Modi asked India Inc to increase risk-taking appetite and step up investments even as industry leaders pressed for interest rate cut.

"They still perceive India as stronger compared to other major EM economy and that compels them to remain interested in India."

Armed with over a billion dollar in venture capital Flipkart is readying for the long haul, and a lot hinges on the backroom boys.