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[Update] Reports Of MDR On UPI Payments Above INR 3,000 Baseless: Govt

India, June 12 -- Update | June 12, 12:06 AM Hours after it was reported that the Centre is mulling levying MDR on UPI transactions above INR 3,000, the finance ministry termed the report speculative... Read More


Meta India's Public Policy VP Shivnath Thukral Steps Down

India, June 12 -- Meta's vice-president of public policy in India, Shivnath Thukral, is stepping down from the social media company. In a post on LinkedIn, Thukral said, "After a very satisfying and ... Read More


Tata Electronics Sends Staff To Taiwan For Semicon Training: Report

India, June 11 -- Tata Electronics Pvt Ltd (TEPL) has reportedly sent "a couple of hundred" employees to Taiwan to upskill them as it steps up efforts to kick off production for its upcoming INR 91,00... Read More


Govt Likely To Increase Oversight Of Quick Commerce Firms' Dark Stores

India, June 11 -- With the quick commerce companies, specifically those operating dark stores for fast food delivery, facing growing issues over hygiene and safety standards, the Centre is reportedly ... Read More


Rekha Jhunjhunwala Offloads 30 Lakh Shares Of Nazara

India, June 11 -- Rekha Jhunjhunwala, wife of late billionaire investor Rakesh Jhunjhunwala, sold 29.75 Lakh shares of gaming major Nazara Technologies in the month of June till now. While she offloa... Read More


Meesho Set for Confidential IPO Filing In Coming Weeks

India, June 11 -- Days after getting the approval of its board to convert into a public company, ecommerce major Meesho is now set to file its IPO papers in a few weeks via the confidential route. As... Read More


Meesho To File IPO Papers In Few Weeks Via Confidential Route

India, June 11 -- Days after getting the approval of its board to convert into a public company, ecommerce major Meesho is now set to file its IPO papers in a few weeks via the confidential route. As... Read More


Centre To Reinitiate Discussions On National Ecommerce Policy

India, June 11 -- Years after it came out with the national ecommerce policy, the Centre has restarted discussions on the policy amid rapid growth in the sector. Commerce and industry minister Piyush... Read More


BigBasket's Meal Express, Meesho's IPO & More

India, June 11 -- BigBasket Joins The Quick Bite Race Tata-backed BigBasket is all set to become the latest startup to launch its 10-minute food delivery service across India. The quick commerce comp... Read More


Exclusive: On-Demand Salary Startup Refyne Bags INR 35 Cr Debt

India, June 11 -- Fintech soonicorn Refyne, a platform which helps employees draw their salaries on demand, has secured INR 35 Cr (around $4 Mn) debt from Stride Ventures. The board of Refyne passed ... Read More