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Paytm, Paytm Payments Bank to discontinue inter-company pacts to reduce dependencies

The move assumes significance as Paytm Payments Bank Limited (PPBL) is under the RBI's lens over persistent non-compliance and continued material supervisory concernsNew Delhi: Amid RBI's action on its associate firm, One 97 Communications on Friday said the board has...

How Daalchini is spicing up micro retail in India

Through its smart vending machines, Noida-based Daalchini Technologies is offering 24/7 convenience to customers, extended reach to over 200 brands and new business opportunities to entrepreneursWorkers at Reliance Industries Ltd.’s Jamnagar plant which is in the middle of nowhere...

How ONDC is changing India’s digital commerce game

With more businesses big and small aligning with the Open Network for Digital Commerce, e-commerce in India as we know it is about to change foreverIn December last year, Meta joined forces with the Open Network for Digital Commerce...

ONDC, NCCF, Shiprocket partner to deliver Govt’s low price food item initiative

Through this initiative, residents of the Delhi-NCR (Gurgaon and Faridabad) will be able to order Bharat-branded rice, wheat flour, and lentils online at government-approved pricesNew Delhi: The Open Network for Digital Commerce (ONDC), the National Cooperative Consumers Federation of India...

Paytm sees Rs 300-500 crore blow with disruption of Payments Bank services

The central bank on Wednesday barred PPBL from accepting deposits or top-ups in any customer account, prepaid instruments, wallets, and FASTags, among others after February 29, 2024New Delhi: Fintech firm Paytm sees an impact of Rs 300-500 crore on...

RBI orders Paytm Payments Bank to halt most services after Feb 29, Paytm anticipates Rs 300-500 Crore Impact

The company expects this action to have a worst-case impact of Rs 300-500 crore on its annual EBITDA going forwardNew Delhi: In a major action against Paytm Payments Bank (PPBL), the Reserve Bank on Wednesday directed the lender to...

912 crore merchant transactions made via Paytm in Q2FY24

The maximum number of payments have been done on Saturdays, making it the busiest day in the week for digital transactionsNew Delhi: As many as 912 crore merchant transactions were made using Paytm in Q2FY24, parent One97 Communications said...

IR Smartclass: ABC of ONDC

An explainer on ONDC, the transformative initiative from a business point of viewONDC is gaining momentum with every passing day. In January 2023, when it was made widely available to a larger cross-section of consumers, there were about 800...

ONDC announces Build for Bharat initiative 

The initiative intends to tap into India’s technological and entrepreneurial potential with an expected participation of over 2,00,000 participants representing startups, companies and colleges. New Delhi: Open Network for Digital Commerce (ONDC) has announced a new initiative called ‘Build for Bharat’,...

Gifting brand FNP appoints Nitish Saxena as Head Brand Marketing

Saxena has been associated with fintech brands with his last role being the head of brand at a fintech startup, Cheq New Delhi: Indian gifting brand, FNP (formerly Ferns N Petals) has announced the appointment of Nitish Saxena as Head-Brand...
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Retail sales grow 8% y-o-y in March 2024: RAI Survey

According to the survey, sports goods reported a growth of 11% followed by apparel and beauty showing a growth...
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