Razorpay POS launches ‘Q-Zap’ to enable faster checkouts, zero queues
New Delhi, May 29 - Razorpay POS, the offline payments arm of the fintech major, on Wednesday launched 'Q-Zap', a payment solution for retailers, designed to enable faster checkouts and zero queues.
EV-maker Euler Motors raises Rs 200 cr to expand its operations to over 40 cities
New Delhi, May 29 - Electric Vehicle (EV) manufacturer Euler Motors on Wednesday said that it raised an additional Rs 200 crore to close its Series C funding round, bringing the total funding raised in this round to Rs 570 crore.
17 teams emerge as winners in ‘Build for Bharat’ initiative by ONDC, others
Bengaluru, May 29 - Seventeen teams emerged as winners in the 'Build for Bharat' initiative, launched by the government's Open Network for Digital Commerce (ONDC), in collaboration with Startup India, Google Cloud India, Antler in India, Protean and Paytm, it was announced on
Gautam Adani meets Japanese envoy, says his support for India ‘truly inspiring’
Ahmedabad, May 29 - Gautam Adani, Chairman of the Adani Group, said on Wednesday that he met Hiroshi Suzuki, Ambassador of Japan to India, adding that the envoy's appreciation for India's culture and his tremendous support for the country are "truly inspiring".
S&P Global upgrades India’s outlook to positive from stable amid robust economic growth
New Delhi, May 29 - Global rating agency S&P Global on Wednesday revised India's outlook from stable to positive on Wednesday, as the country continues to excel in long-term economic growth amid political stability.
RBI warns ARCs over evergreening distressed assets
Mumbai, May 29 - The RBI has found several instances of Asset Reconstruction Companies, which have been set up to recover NPAs of banks, not fulfilling their role but instead using innovative ways to structure transactions in order to circumvent regulations.
Robotics firm DiFACTO raises Rs 40 cr from Stakeboat Capital
New Delhi, May 29 - Robotics and automation solutions provider DiFACTO on Wednesday said it secured Rs 40 crore from private equity firm Stakeboat Capital in its Series A round.
Pluckk clocks Rs 100 cr ARR, aims to double revenue in 12 months
Mumbai, May 29 - Pluckk, a pioneering digital lifestyle-oriented fresh food brand, has concluded FY24 with an Annualised Revenue Runrate (ARR) of Rs 100 crore.
Fintech startup BharatX acquires Zenifi to enter medical lending market
New Delhi, May 29 - Y-Combinator-backed BNPL fintech startup, BharatX on Wednesday announced that it has acquired healthcare finance startup Zenifi to enter the medical lending segment.
Muthoot Pappachan Group announces Shah Rukh Khan as new brand ambassador
New Delhi, May 29 - Muthoot Pappachan Group (MPG), a 137-year-old leading business conglomerate in India, popularly known as Muthoot Blue, on Wednesday announced Shah Rukh Khan as its brand ambassador.
Report on acquiring a stake in Paytm totally false: Adani Group
New Delhi, May 29 - The Adani Group on Wednesday categorically denied a media report which claimed that the company is going to acquire a stake in digital payments company Paytm.
Industry hails RBI’s 3 new initiatives to bolster fintech sector
New Delhi, May 29 - The fintech industry leaders on Wednesday hailed the three major initiatives of the Reserve Bank of India (RBI) which include the PRAVAAH portal, the Retail Direct Mobile App and a FinTech Repository.
South Korea’s KT SAT partners Rivada Space to expand LEO satellite service
Seoul, May 29 - KT SAT Co., the satellite service arm of South Korea's telecom giant KT Corp., on Wednesday said it has partnered with a German low Earth orbit (LEO) satellite company to strengthen its service capacity.
LinkedIn is so ‘cringe’ it will make your toenails curl: Musk
New Delhi, May 29 - Tesla and SpaceX CEO Elon Musk on Wednesday attacked Microsoft-owned largest professional network LinkedIn, saying this platform is "so cringe it will make your toenails curl", as the billionaire aims to bring job search on his X platform.
Apple’s flagship developer event to unveil new software updates on June 10
New Delhi, May 29 - Apple has announced to organise its flagship Worldwide Developers Conference (WWDC24) from June 10-June 14, including keynote and ‘Platforms State of the Union’.
India’s Digital Skill Hub to go global as ILO inks pact
New Delhi, May 28 - The National Skill Development Corporation (NSDC) under the aegis of the Ministry of Skill Development & Entrepreneurship and the International Labour Organization (ILO) on Tuesday announced a strategic partnership to advance skill development and lifelong learning in India
PRAVAAH portal, RBI Retail Direct Mobile Application and FinTech Repository launched for ease of biz
Mumbai, May 28 - RBI Governor Shaktikanta Das on Tuesday launched three major initiatives of the Reserve Bank of India which include the PRAVAAH portal, the Retail Direct Mobile App and a FinTech Repository.
Nifty likely to hit 26,500 in next 18 months: Report
Mumbai, May 28 - The Nifty can touch 26,500 levels in the next 18 months. brokerage firm Emkay Global Financial Services said in a report on Tuesday.
Google introduces new AI features in its Chromebook Plus laptops
New Delhi, May 28 - Google on Tuesday announced new artificial intelligence (AI)-powered features in its Chromebook Plus laptops that will help users chat with Gemini, reimagine photos and more.
Thailand eases visa rules to allow longer stays for tourists, students
Bangkok, May 28 - Thailand on Tuesday announced longer visa stay periods for tourists, postgraduate students, remote workers, and retirees as part of the government’s policy to rev up the tourism sector amid a slowing economy.