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NPCI's FY26 Profit Drops 32% YoY To Rs.989 Cr As Tax Outgo, BHIM Loss Surge

India, Sept. 12 -- The National Payments Corporation of India's (NPCI's) consolidated net profit fell 32.4% to Rs.989.4 Cr in the financial year ended March 2026 from Rs.1,463.2 Cr in FY25, as a sharp... Read More


Accel Offloads Rs.156 Cr Stake In BlackBuck Via Block Deal

India, Sept. 12 -- Early backer Accel India yesterday sold 27 Lakh shares of logistics giant BlackBuck via an open-market transaction for Rs.155.5 Cr. As per NSE data, Accel sold the shares at Rs.576... Read More


UPI MDR May Be Set At 40 Basis Points, Banks Could Get Largest Share: Report

India, Sept. 11 -- The government may soon notify a framework for levying a merchant discount rate (MDR) on select Unified Payments Interface (UPI) transactions, with the fee potentially set at around... Read More


UPI MDR May Be Set At 40 Bps; Banks Could Get Largest Share: Report

India, Sept. 11 -- The government may soon notify a framework for levying a merchant discount rate (MDR) on select Unified Payments Interface (UPI) transactions, with the fee potentially set at around... Read More


Mitti Labs Enters Deal With Google For 1 Mn Carbon Credits

India, Sept. 11 -- Climate tech startup Mitti Labs has signed a four-year agreement with Google to supply 1 Mn Carbon credits till 2030, which it describes as one of the largest nature-based offtakes ... Read More


GFF 2026: Here Are The New Launches Announced On Day 3

India, Sept. 11 -- The Global Fintech Festival (GFF) 2026 came to a close today with three days of conversations, launches, and partnerships. Following a day focused on partnership announcements betwe... Read More


GFF 2026 Day 2 Unpacked, RentoMojo's IPO & More

India, Sept. 11 -- AI Takes The Stage At Global Fintech Fest It was an action-packed second day at the Global Fintech Fest 2026 yesterday. As usual, fintech startups and regulators rolled out a slew ... Read More


[Update] RentoMojo IPO Ends With 72.88X Subscription, QIB Portion Booked 177X

India, Sept. 11 -- Update | September 11, 2026, 18:05 IST Furniture and appliance rental startup RentoMojo's IPO closed with an overall subscription of 72.88X on the final day of bidding today. The ... Read More


Fintech Stocks Rally On Report Of 40 Basis Point MDR On UPI, Paytm Touches 52-Week High

India, Sept. 11 -- Fintech company stocks - Paytm, Pine Labs, Mobikwik and AvenuesAI - rallied today amid reports suggesting that the merchant discount rate (MDR) fees on UPI transactions could soon b... Read More


How Rapido's Super App Model Is Taking Shape

India, Sept. 11 -- In April 2016, a bike taxi startup barely a few months old persuaded some established names in Indian business to back the idea of sharing a motorcycle ride. Hero MotoCorp's Pawan M... Read More