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Banks Call For Return Of MDR On UPI, RuPay Debit Cards

India, March 11 -- With digital payments on the rise in the country, bankers have reportedly sent a proposal to the Centre for the reintroduction of merchant discount rate (MDR) on transactions made t... Read More


Airtel Partners SpaceX To Offer Starlink's Internet Services To Indian Customers

India, March 11 -- Telecom major Bharti Airtel has signed a pact with Elon Musk-led SpaceX to provide Starlink's internet services to its customers in India. In a statement, Airtel said the partnersh... Read More


Westbridge-Backed Kuhoo Finance Gets NBFC Licence From RBI

India, March 11 -- Westbridge Capital-backed lending tech startup Kuhoo Finance has secured a non-banking finance company (NBFC) licence from the Reserve Bank of India. This will pave the way for the ... Read More


Zomato Is Now Eternal: Foodtech Giant Gets Shareholders' Nod To Change Name

India, March 10 -- Foodtech major Zomato has received the approval from its shareholders to change its name to Eternal Limited. In an exchange filing, Zomato said that its shareholders passed a speci... Read More


Ather Converts Preference Shares To Equity, Likely To Float IPO In April

India, March 10 -- Going full throttle on its highly-anticipated initial public offering (IPO), electric two-wheeler maker Ather Energy has converted its outstanding compulsory convertible preference ... Read More


Nazara-Backed Rusk Media To Raise INR 74 Cr

India, March 10 -- Nazara-backed mobile-first digital entertainment startup Rusk Media is looking to raise INR 74.1 Cr (around $8.5 Mn) in its Series B funding round led by Woori Venture Partners. Th... Read More


Exclusive: GIVA Raises INR 102 Cr To Open New Stores

India, March 10 -- D2C jewellery brand GIVA has raised INR 102 Cr (about $11.7 Mn) in a mix of equity and debt from Alteria Capital and Northern Arc. As per the company's regulatory filings, GIVA all... Read More


BYJU'S Suspended Resolution Professional Alleges Pressure To Rope In EY

India, March 10 -- With BYJU'S stuck in bankruptcy limbo, its suspended resolution professional Pankaj Srivastava has made damning allegations against Khaitan & Co, accusing the law firm of strong-arm... Read More


BYJU'S Insolvency: Suspended Resolution Professional Alleges Pressure To Rope In EY

India, March 10 -- With BYJU'S stuck in bankruptcy limbo, its suspended resolution professional Pankaj Srivastava has made damning allegations against Khaitan & Co, accusing the law firm of strong-arm... Read More


Chhattisgarh's Dantewada Adopts Blockchain To Avoid Tampering Of Land Records

India, March 7 -- Chhattisgarh's Dantewada district has adopted blockchain technology to avoid tampering of land records and increase accessibility. As per a report by Cointelegraph, the Dantewada di... Read More