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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...

Paytm narrows loss to Rs 292 crore in Jul-Sept qtr

Paytm's contribution profit grew 69 per cent during the reported quarter to Rs 1,426 crore from Rs 843 crore in September 2022New Delhi: Fintech company One97 Communications, which operates under the Paytm brand, on Friday reported a narrowing of consolidated...

The power of ONDC

With the right building blocks, ONDC will enable seamless commerce for 50 crore customers and 5 crore SMEs in this country Bengaluru: First up, ONDC is not a platform like Amazon but a network of enterprises coming together to enable...

Paytm unveils indigenously made soundbox with card payment option

The company has deployed soundbox at around 8.5 crore point of sales and expect to match the same pace of deployment for the new devices.New Delhi, Sep 4 (PTI) Fintech firm Paytm on Monday launched a soundbox device that lets...
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ITC Q4 net profit grows nearly four-fold to Rs 19,807 cr; revenue almost flat at Rs 20,376 cr

Its revenue from operations for the quarter under review was nearly flat at Rs 20,376.3 crore against Rs 20,349.9...
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