CHENNAI: Chennai policeman have arrested four people, including two Chinese citizensand discovered an extensive network of illegal microfinance applications offering instant loans at interest rates of up to 36%. According to law enforcement sources, more than two dozen illegal apps have been discovered that could have cumulatively disbursed Rs 300 …
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The recent rally after the stock market closes has surprised many and has also benefited billionaire promoters in India. The super rich club grew to an all-time high of 90 billionaires (in dollar terms) against 80 at the end of December 2019. Together, these billionaires now have a combined wealth …
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You will necessarily need a FASTag for your car if you are on a road trip and crossing the toll plazas on Indian National Roads, as of January 1. This confirmation comes from the Union Minister of Transport for Road, Highways and MSMEs, Nitin Gadkari, who has said that FASTags …
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Long after automated teller machines (ATMs) became interoperable for banking customers, the entire spectrum of banking is becoming independent of membership. Earlier this week, ICICI Bank created a stir by announcing that its banking app, iMobile Pay, would be free for everyone. A customer does not need to be with …
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On Tuesday, the Supreme Court declined to consider a statement by former ICICI Bank CEO and CEO Chanda Kochhar against her firing last year. A bank chaired by Judge SK Kaul said: “We are not willing to interfere with the contested order. This falls within the scope of the private …
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The digital payments space in India, specifically UPI payments services, is about to undergo a major restructuring. The National Payments Corporation of India (NPCI) has made it official that a new limit will apply as of January 1, 2021 requiring that no third party application provider (TPAP) can exceed more …
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The digital payments space in India is about to get a bit more exciting, with WhatsApp Pay finally implemented for WhatsApp now available for iPhone and WhatsApp for Android users in India. Of course, you will need to have the latest version of WhatsApp installed on your phone for the …
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NEW DELHI Here is a list of the top ten stocks that may appear in the news on Wednesday: Bharti Airtel: The country’s second-largest telecoms operator reported its highest consolidated quarterly revenues thanks to increased data usage and higher realizations, helping it cut losses in the July-September period. Consolidated revenues …
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Online shopping battles are ready to resume. Amazon and Flipkart have confirmed that the battle lines have been drawn before the festive shopping season. Amazon has just announced the Indian Festival Grand Deal and still says, “coming soon”. Amazon is expected to finalize the dates of the Amazon Great Indian …
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Mumbai: ICICI Bank today announced the launch of a holiday bonanza offering attractive benefits to retail and business clients on various banking products and services. Some of the offers will be available starting October 1, 2020 and others on different dates this holiday season. Mortgage Loans and Mortgage Loan Balance …
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