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Dec 31, 20241 min read
NPCI defers UPI market share ruling by 2 years; major relief to Google Pay, PhonePe
The National Payments Corporation of India (NPCI) on Tuesday deferred by two years the implementation of market share cap for UPI firms.Â
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Jun 8, 20241 min read
No IPO for Walmart-owned PhonePe, Flipkart for another 2 years
Initial Public Offering for Flipkart and PhonePe may not come about for another two years, a top executive of Walmart, the firm that owns th
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Feb 24, 20242 min read
RBI nod to Paytm to migrate payment business to other banks
The Reserve Bank of India (RBI) has granted the approval for Paytm to shift its UPI-based payments operations from Paytm Payments Bank to...
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Feb 5, 20242 min read
Paytm market value down by $2.5 billion since RBI crackdown; traders warned against app use
Beleaguered fintech firm, Paytm witnessed a 10 per cent decline in its shares on Monday, nearing an all-time low. The fall is a...
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Jan 7, 20243 min read
MobiKwik makes fresh IPO bid at over 60% less target than 2021
MobiKwik is all set to make its second attempt to go public by raising Rs 700 crore through the public, having deferred a similar bid in...
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Dec 25, 20233 min read
Paytm fires over 1,000 workers in AI push
Paytm laid off more than 1,000 employees across various departments on Monday, marking one of the largest job cuts by an Indian Fintech...
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