Digital payments and financial company Paytm is looking to hive off its payment aggregator business into a new subsidiary Paytm Payments Services Limited, according to a notice sent to shareholders for approval. The company is seeking approval of the same from its shareholders through an extraordinary general meeting on September 23. "To consider and approve transfer of Payment Aggregator business to Paytm Payments Services Limited, a wholly owned subsidiary of the Company, to comply with Reserve Bank of India guidelines, being considered as sale of undertaking," the EGM notice issued on August 31 said.
'La Nuova Dolce Vita' is the tagline of Ferrari's Roma which translates into 'The New Good Life'. The Roma is a Ferrari GT (Grand Touring) sports car and is also part of their entry-level lineup but it is everything but entry-level. This Rs 4.5 crore (on-road, Mumbai) performance machine is an all-new Prancing Horse that is visually striking, high on tech and being a Ferrari, offers thrilling performance that will excite your senses.
Katrina Kaif and Vicky Kaushal are reportedly getting married on December 9 and the preparations seem to be in full swing.
The Southern Command unveiled the flag of size 225 feet by 150 feet at Jaisalmer Military Station.
The prolific right-hand batsman, who joined the Rajasthan Royals franchise in 2019, captained the side in the 2020 edition in the UAE, where they finished last.
If you are planning a vacation, choose from these most clicked on destinations.
The Republican Party of India leader has been admitted to a private hospital in south Mumbai.
The officials said Pakistani intelligence operatives have adopted the modus operandi of investing in illegal call exchanges that switch Voice over Internet Protocol (VoIP) calls to normal Indian mobile calls.
"Police had received an input that Khalistani elements may carry out a terror attack in Mumbai on the eve of New Year," a police official said.
The Reserve Bank is working with the government to thrash out a payment settlement solution for Indo-Russian trade, which is hit by the economic sanctions imposed on Moscow after it invaded Ukraine, but asserted that any such solution will be 'sensitive' to the prevailing economic blockade, the central bank said. RBI Governor Shaktikanta Das was quick to add that it is a matter that the government has to deal with first, and as far as the central bank is concerned, obviously, we will not do anything which goes against the sanctions. RBI Deputy Governor T Rabi Sankar said since the Ukraine war has disrupted trade and payments, we are discussing with all stakeholders, and at the same time, we are sensitive to the economic sanctions.
In a relief to thousands of people facing imminent threat of demolition of their houses in winter, the Supreme Court on Thursday stayed the Uttarakhand high court order for removal of encroachments from 29 acres of land claimed by the railways in Haldwani, terming it a 'human issue' and saying 50,000 people cannot be uprooted overnight.
The Navy Day is celebrated every year to recall the contribution of the force during the 1971 Bangladesh liberation war.
Many top B-schools attach more value now to academic record, bachelor's degree marks, work experience, performance in the personal interview, as well as gender and academic diversity -- resulting in a decline of the weighting to the CAT score.
There are lessons for the Congress to learn from the Karnataka elections of how burying the hatchet among top leaders and not washing dirty linen in public can help, says Ramesh Menon.
'We may have to shut places like beaches and the Gateway of India where people gather in the evenings'
The administration started preparing for the demolition of two precariously standing hotels in subsidence-hit Joshimath in Uttarakhand on Tuesday, but faced protests from their owners and locals on the issue of compensation, while more families were evacuated from the danger zone as the number of affected houses rose to over 700.
Every week, we bring you fascinating videos, chosen by you, through your likes.
The Reserve Bank of India (RBI) on Friday extended the card-on-file (CoF) tokenisation deadline by three months to September 30, 2022, in view of various representations received from industry bodies. Card-on-file, or CoF, refers to card information stored by payment gateway and merchants to process future transactions. Tokenisation is the process of replacing actual card details with a unique alternate code called 'Token' - thereby enabling more secure transactions.
The BJP also promised Rs 25,000 to girls from economically weaker sections under the 'Rani Gaidinliu Nupi Maheiroi Singi Scheme' if voted back to power.
India's shift towards US companies for technology investments and partnerships fits well with the present government's 'Atmanirbhar Bharat' and 'Make in India' initiatives, say experts.
A merchant using the bank's merchant App, QR code, PoS or Payment gateways, across all segments, including electronics, apparel, grocery, stand to win assured cashback and prizes on volume build-up, EMI or digital transactions.
A long and bitter funding winter in the start-up world is beginning to take its toll on start-up advertising across properties. Earlier this week, Mastercard replaced Paytm as the title sponsor for all international and domestic cricket matches organised by the Board of Control for Cricket in India (BCCI). But this is just one part of the story. The other side is that organisers of high-impact shows and events on Hindi general entertainment channels, too, are feeling the winter chill.
Mumbai airport is the largest gateway for movement of pharma and agro products in the country.
Shah Rukh Khan and his wife Gauri hosted a party for their close pals at their Alibaug bungalow on Friday.
Sources said the move comes after an analysis sent by the Rashtriya Swayamsevak Sangh to BJP's central leadership indicated there was a need for a change of guard in the party and government.
The COVID-19 recovery rate in Mumbai has gone down to 80 per cent, according to the BMC.
Aspirants need to have a smart strategy, meticulous planning, and the right techniques to crack the prestigious exam.
Rediff.com Contributing Photographer Pradeep Bandekar glimpsed these stars over the weekend.
Congress leader Manish Tewari demanded that the government should provide Rs 5 crore compensation to the families of the farmers who died during the farm laws agitation
Rediff readers shared these interesting photographs of India from their travels.
'The entire public needs to be evacuated immediately. Any day, the entire town can collapse.'
Mihir Tanna, Associate Director, S K Patodia & Associates, will answer your personal income tax queries.
Because they have become too big and pervasive and the time to regulate is long gone, points out Debashis Basu.
Listen to Javed Akhtar's poem dedicated to Mumbai. And Amitabh Bachchan on Oneness.
The Reserve Bank of India (RBI) on Thursday extended the card-on-file (CoF) tokenisation deadline by six months to June 30, 2022, in view of various representations received from industry bodies. Card-on-file, or CoF, refers to card information stored by payment gateway and merchants to process future transactions. The earlier deadline was December 31, 2021. "In light of various representations received in this regard, we advise...the timeline for storing of CoF data is extended by six months, ie., till June 30, 2022 and post this, such data shall be purged," RBI said in a notification addressed to all payment system providers and payment system participants.
'I thought coronavirus would not reach me but it can reach anywhere'
'Doing this film has made me a lot less selfish.' 'When you understand the value of a man, who always said others first before himself, some of that ends up seeping into you.'
Describing the opportunities of collaboration between the two countries as 'endless', Bennett, in a special video message released on Saturday evening, stressed that 'the ties between Israel and India are strong and together they will only grow stronger', as the two nations celebrated 30 years of establishment of diplomatic relations.
As the preparations are in full swing, here's what to expect at this year's Independence Day in different parts of the country.
Here are glimpses of a full dress rehearsal.
