Ajinkya Kawale works as a correspondent for Business Standard, specialising in the emerging fintech industry in India. In addition to his assigned beats, he has had the opportunity to cover agrarian distress in Maharashtra and political developments during the Lok Sabha election season. He holds a postgraduate degree in multimedia journalism from Christ University in Bengaluru. He is passionate about India's infotainment space on YouTube and other OTT platforms. His favourite sections in a library are non-fiction and biographies.
Ajinkya Kawale works as a correspondent for Business Standard, specialising in the emerging fintech industry in India. In addition to his assigned beats, he has had the opportunity to cover agrarian distress in Maharashtra and political developments during the Lok Sabha election season. He holds a postgraduate degree in multimedia journalism from Christ University in Bengaluru. He is passionate about India's infotainment space on YouTube and other OTT platforms. His favourite sections in a library are non-fiction and biographies.
Fintech giant is planning to apply for third-party application provider licence
Nigam was in conversation with Shradha Sharma, founder and CEO, YourStory at the Mumbai Tech Week 2024
Says have received two proposals for semiconductor fab units, entailing $22 bn investment
The company also enabled payment options within the chats from different platforms apart from its own. These platforms include UPI apps, debit and credit cards, among others
Players such as Google Pay, PhonePe, and even banks like HDFC and State Bank of India (SBI) are said to be deploying several thousand 'feet on the street' or salesforce to attract merchants
It can break barriers to information accessibility, says Google V-P Sanjay Gupta
Merchants can accept payment if account linked to other banks
According to industry sources, Airtel Payments Bank has placed 5x to 7x more orders for FASTags than they would place in a normal order
Paytm QR, soundbox, card machine will continue to work as always, said One97 Communications
The RBI has clarified that business credit cards will continue to function as usual
The Mumbai-based company saw a 67 per cent year-on-year increase in its gross revenue from Rs 96 crore in Q3 FY23 to Rs 160 crore in Q3 FY24
Banking regulator issue directions to card networks, fintechs to put on hold all commercial card-based transactions made by firms
Macquarie sharply cut the target price to Rs 275 from Rs 650, driven by a reduction in revenues across various segments
IDCC will facilitate close collaboration with other RTX (Raytheon) businesses in India, including Collins Aerospace and RTX Enterprise Services
While Paytm remains the leading player in the PoS segment, competition is heating up
"We hereby submit that PPBL is our associate entity and this event is not deemed material for the company and does not impact the operations/business of the company," OCL said
PayU CEO Anirban Mukherjee said the company was adopting an 'India-centric' approach, which was driven by the inherent advantages the country offered compared to other markets
Committee to be headed by former Sebi chief Damodaran
The company said, given the trend, the bank would add one million on a monthly basis
The RBI said it would next week come out with a list of frequently asked questions (FAQs) on the Paytm Payments Bank issue