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IIT-Bombay study bats to cut MDR to 0.08 pc from 0.4 pc, exclude banks from taking bulk shareA report by IIT-Bombay professors recommends reducing the Merchant Discount Rate for UPI transactions to improve the ecosystem. The current...- UPI MDR framework needs rationalisation to protect public trust: ReportUPI, a public digital infrastructure, has generated significant convenience for users and productivity gains for the economy, with its long...
- UPI MDR framework needs rationalisation to protect public trust: IIT Bombay reportThe report cautioned that public trust in UPI could be undermined if the proposed MDR framework is implemented in its present form, stressi...
- Pidilite shares rise marginally as company appoints Amit Agarwal CFO-designatePidilite Industries shares rose on Friday after the company appointed Amit Agarwal as CFO-designate and Senior Management Personnel, effect...
- Anup Bagchi set to become India's highest-paid bank CEO, may earn Rs 35.9 crore a yearHDFC Bank has proposed a substantial annual remuneration package of ₹35.9 crore for Anup Bagchi, subject to shareholder approval. This pack...
- IRDAI and the avoidable art of regulatory jaywalkingThe recent policy adjustments by IRDAI have led to a marked decline in investor confidence and value within the insurance industry. The tra...
- At Rs 35.9 crore, HDFC Bank's incoming boss Anup Bagchi set to be India's highest-paid bank CEOHDFC Bank has proposed an annual compensation package of up to Rs 35.90 crore for Anup Bagchi. This remuneration could increase to Rs 43.24...
- Insurance brokers oppose IRDAI commission caps, warn of 60-70% revenue hitInsurance brokers in India are opposing commission cap proposals from the Insurance Regulatory and Development Authority of India. They war...
- Insurance misselling misunderstood: The regulator’s proposal is tantamount to addressing the symptom, while ignoring the causeIn FY25, the Indian insurance sector experienced significant premium growth while maintaining flat penetration rates. However, complaints r...
- Bengal approves 14,454 govt posts, Rs 50,000 scheme for unmarried women pursuing higher educationThe government also raised the monthly remuneration of 'Karmabandhus', part-time support staff, from Rs 5,000 to Rs 8,000, while increasing...
- Polish regulator suspects Google abused dominant position in publisher payment talksThe Office of Competition and Consumer Protection, known by its Polish abbreviation UOKiK, said the charges relate to how Google negotiates...
- Reducing commissions may help curb mis-selling of insurance products; IRDAI’s role remains crucialThe Insurance Regulatory and Development Authority of India has announced new proposals to limit commission rates for insurance distributor...
- RBI may hike repo rate by 25 bps as inflation and oil risks mount: Sunil SanghaiThe RBI could raise the repo rate by 25 basis points in October and signal further tightening as inflation, elevated crude prices and a nar...
- DLF has reported Rs 1985 crore sale from its first senior living project in Gurgaon.DLF Ltd announced the complete sell-out of its senior living project 'The Aureva' located in Gurugram. The project consists of 172 luxury r...
- Is Drishyam 3: The Conclusion worth watching? Plot, cast and early box office expectations for Ajay Devgn’s franchise finaleDrishyam 3: The Conclusion has been released in theatres and has received positive feedback from audiences. The film follows Vijay Salgaonk...
- HDFC Bank names ICICI veteran Anup Bagchi as MD & CEOHDFC Bank new CEO: The Bank has appointed Anup Bagchi as its new Managing Director and CEO, effective October 27. He will succeed Sashidhar...
- HDFC Bank names ICICI veteran banker V.N. Srivatsan as Chief Compliance OfficerHDFC Bank has appointed V.N. Srivatsan as its Chief Compliance Officer for a three-year term, effective from his joining date on January 4,...
- Jobs in line as IRDAI commission caps force insurance brokers to rethink modelsFacing new commission regulations from the IRDAI, insurance brokers, including Quickinsure, are tweaking their business approaches. This pi...
- Coforge shares rise 2% after firm appoints Akhil Kumar Gupta as chairman post OP Bhatt’s abrupt resignationCoforge appoints former Bharti Enterprises vice-chairman Akhil Kumar Gupta as chairperson and independent director for five years, followin...
- Petronet to pay directors up to 1% of profit as commissionPetronet LNG Ltd has proposed to seek shareholders' approval for paying commissions to directors from FY27 to FY31. This proposal is for a ...
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