Paytm Considering PhonePe, Google Pay Model to Sustain UPI Paytm parent company One97 Communications, is in discussions with the National Payments Corporation of India (NPCI) to incorporate third-party payment apps for seamless UPI access. Beginning March 1, Paytm users might notice changes in their virtual payment addresses, as the company intends to team up with … Read more
MSD Ends Partnership with Schbang Marketing Agency MSD, Indian affiliate of US pharmaceutical leader Merck, has severed ties with Schbang, the creative marketing solutions agency linked to the contentious publicity stunt featuring model Poonam Pandey, who simulated her demise. The stunt, orchestrated by Schbang, Pandey, and media outlet Hauterfly, aimed to highlight cervical cancer awareness … Read more
Mukesh Ambani Led Jio Financial to acquire Paytm: Share Price Surges 15% Amid Acquisition Buzz Jio Financial Services (JFS) experienced a remarkable surge in share price, climbing over 15% to achieve a new record high on Monday. This surge was fueled by reports in the media indicating that JFS was a leading contender in the … Read more
Paytm Ban In an unforeseen move, the Reserve Bank of India (RBI) has imposed restrictions on all services offered by Paytm Payments Bank (PPBL), effective February 29, 2024. Debit and credit transactions, along with wallet operations, will cease post this date. However, withdrawals are still allowed. The affected services also include fund transfers, bill payments, … Read more
Explore Budget 2024: Sitharaman’s vision for a developed India by 2047 unveiled in government’s ambitious plan, as Modi Ji called it “Viksit Bharat” In her interim budget speech, Finance Minister Nirmala Sitharaman suggested maintaining current direct and indirect tax rates, along with import duties. In her interim budget speech, Finance Minister Nirmala Sitharaman presented a … Read more
Discover ITC’s impressive financial growth with a 2% YoY increase in total revenue, now at Rs 17,651.85 crore, compared to Rs 17,265 crore. Gain insights into ITC’s stellar performance. ITC Ltd impressively reported a standalone net profit of Rs 5,572 crore for Q3FY24, showcasing an impressive 11% growth from the previous financial year’s Rs 5,031 … Read more
Unleash your investment prowess! SBI Card’s shares plummet over 5% in Q3 miss. Explore strategic moves: buy, sell, or hold. Dive into the financial pulse with 8% net profit growth to ₹549 crore, though 7% below consensus. Evaluate the impact of credit costs and opex on your portfolio. Stay informed, make informed decisions! In a … Read more
In comparison to the same quarter last year, the net interest income (NII) for the current quarter increased by 23.9% year-on-year, reaching Rs 28,470 crore from Rs 22,990 crore. January 16, 2023 – HDFC Bank disclosed its fiscal year 2024 third-quarter financial results, concluding on December 31, 2023. In the third quarter of FY24, … Read more