News for 'Mobile Money'

Tata ev's Punch, Nexon Scores 5 In Crash Test

Tata ev's Punch, Nexon Scores 5 In Crash Test

Rediff.com14 Jun 2024

The Punch.ev achieved the highest score point ever recorded by any vehicle to date, scoring 31.46 out of 32 for adult occupant protection and 45 out of 49 for child occupant protection.

Govt may overhaul PLI schemes: Quarterly incentive payments on the table

Govt may overhaul PLI schemes: Quarterly incentive payments on the table

Rediff.com28 Jun 2024

To burnish production-linked incentive (PLI) schemes, the government is considering an overhaul of some of them relating to sectors such as textiles and pharma, and making incentive payments quarterly, officials in the know said. In a bid to cut the delay in processing incentive claims, the government is looking at switching to a quarterly disbursement of incentives. Currently, in most schemes, incentives are annual.

Modi is scared, he may cry on stage: Rahul

Modi is scared, he may cry on stage: Rahul

Rediff.com26 Apr 2024

The former Congress chief accused Modi of 'diverting public attention' through various means.

Bangladesh MP cut into pieces, flesh segregated from bones

Bangladesh MP cut into pieces, flesh segregated from bones

Rediff.com24 May 2024

Bangladesh MP Anwarul Azim Anar, who went missing in Kolkata on May 13, was found murdered and three people have been arrested, Bangladesh Home Minister Asaduzzaman Khan said on Wednesday.

Police suspect Bangla MP honey-trapped before murder; 1 detained

Police suspect Bangla MP honey-trapped before murder; 1 detained

Rediff.com24 May 2024

The initial probe into the murder of Bangladesh MP Anwarul Azim Anar revealed that one of his friends had paid around Rs 5 crore to kill the neighbouring country's parliamentarian, a senior police officer said here on Thursday.

'FAME must include tractors and LCVs'

'FAME must include tractors and LCVs'

Rediff.com15 Jun 2024

'The scheme excludes tractors, light commercial vehicles, and medium and heavy commercial vehicles.'

'Banks must be prepared for providing UPI credit'

'Banks must be prepared for providing UPI credit'

Rediff.com19 Jul 2024

'A credit line on UPI is going to make banks think about credit fundamentally as they digitise the credit process entirely.'

Economic Survey pitches for more FDI from China

Economic Survey pitches for more FDI from China

Rediff.com22 Jul 2024

Amidst strained ties with China, the pre-budget Economic Survey on Monday made a strong case for seeking foreign direct investments (FDI) from Beijing to boost local manufacturing and tap the export market. As the US and Europe are shifting their immediate sourcing away from China, it is more effective to have Chinese companies invest in India and then export the products to these markets rather than importing from the neighbouring country, the Survey said.

Govt nearly doubles PLI scheme share of five key industry segments

Govt nearly doubles PLI scheme share of five key industry segments

Rediff.com12 Feb 2024

In a big push to the production-linked incentive (PLI) scheme, the government has nearly doubled (increase of 81 per cent) the allocation in five key industry segments from Rs 8,405 crore in the Revised Estimate of FY24 to Rs 15,198 crore in the Interim Budget for FY25. The segments cover over eight PLI schemes, including mobile phones, IT hardware, pharma (PLIs for medical devices, intermediates and pharmaceuticals), food processing, telecom hardware and, auto and auto components. In FY24, DPIIT officials, however, said that the disbursements would be much higher at around Rs 11,000 crore than what has been budgeted for the year.

Matrimony.com rolls out mobile app to serve LGBT community

Matrimony.com rolls out mobile app to serve LGBT community

Rediff.com7 Sep 2022

Matchmaking service provider Matrimony.com has unveiled 'RainbowLuv' mobile application to serve the members of the gay, lesbian, bisexual, trans, asexual community, the company said on Wednesday. The RainbowLuv matchmaking and relationship application helps members of the LGBTQIA+ community to find serious and meaningful relationships. "Matrimony.com believes in empowering every individual to find a preferred partner.

Union Budget 2024 remains largely neutral for stock markets in India

Union Budget 2024 remains largely neutral for stock markets in India

Rediff.com25 Jul 2024

Overall market reaction to the Budget was neutral. Investors absorbed the changes to the tax rates (positive for salaried class) and capital gains taxes (CGTs, negative due to the removal of indexation and increases. Other proposals largely pertain to supporting rural development, buybacks taxed as dividends, Custom duty changes that impact multiple sectors, higher outlays for clean energy, etc. There's some moderation in the growth of capex outlay across defence, fer

Action Packed Time For Two-Wheelers!

Action Packed Time For Two-Wheelers!

Rediff.com19 Aug 2024

The BSA Gold Star is launched....Ola Enters e-motorbikes Biz... Bajaj, TVS To Enter e2Ws Market...

Hyderabad student goes missing in US, family gets ransom call

Hyderabad student goes missing in US, family gets ransom call

Rediff.com20 Mar 2024

A 25-year-old student from Hyderabad, studying in the US, has gone missing there since March 7 and his family back in India said they received a "ransom" call.

Medical practitioner to return Padma Shri after Naxal threats

Medical practitioner to return Padma Shri after Naxal threats

Rediff.com27 May 2024

Traditional medicine practitioner Hemchand Manjhi, renowned for his stellar work from a remote village in Chhattisgarh's Narayanpur district, on Monday said he will return his Padma Shri award, after he received threats from Naxalites.

Mohammad Yunus: The Nobel laureate Prof who will head new Bangladesh govt

Mohammad Yunus: The Nobel laureate Prof who will head new Bangladesh govt

Rediff.com7 Aug 2024

Life has come full circle for Nobel laureate Professor Mohammad Yunus, who faced persecution during Sheikh Hasina's regime for embezzlement, is now all set to head of the interim government in Bangladesh after she resigned and fled the country.

Cashless transaction: Going beyond plastic money

Cashless transaction: Going beyond plastic money

Rediff.com7 Dec 2016

For those who are sceptical about using debit or credit cards, even when faced with cash crunch, Adhil Shetty, CEO of BankBazaar.com, lists out a few safe cashless options that can be exercised through mobile phones.

M&M, Adani Total Energies join hands to set up EV charging infra

M&M, Adani Total Energies join hands to set up EV charging infra

Rediff.com21 Mar 2024

Mahindra & Mahindra on Thursday said it has tied up with a unit of Adani Total Gas to establish electric vehicle charging infrastructure across the country. The auto major and Adani Total Energies E-Mobility Ltd (ATEL) have inked a memorandum of understanding (MoU) in this regard. The MoU sets a roadmap for the creation of an expansive EV charging infrastructure across the country, it added.

Not just China, all PLI-led visas being fast-tracked: Piyush Goyal

Not just China, all PLI-led visas being fast-tracked: Piyush Goyal

Rediff.com1 Jul 2024

The government is expediting visa-related issues to bring technicians to India from any country, not just China, as and when required, to ensure the smooth implementation of the flagship production-linked incentive (PLI) scheme aimed at boosting domestic manufacturing. "If those under the PLI scheme need to get their equipment installed, we try to expedite the ability to get technicians into India from any country, whichever it may be," Union Commerce and Industry Minister Piyush Goyal told Business Standard in an interview.

10 risks of mobile banking transactions

10 risks of mobile banking transactions

Rediff.com30 Jun 2015

Risks are increasing with 55 times increase in such transactions over the past three years, says a Assocham-PwC report

Big Steel Boys Pushing Future Mobiility Pedal

Big Steel Boys Pushing Future Mobiility Pedal

Rediff.com11 Aug 2024

From setting up cutting-edge facilities to cater to the domestic market and building capabilities of global standards, the action is building up.

Sebi Tightens Grip Against Fraudulent Messages, Apps

Sebi Tightens Grip Against Fraudulent Messages, Apps

Rediff.com30 May 2024

The directions follow a report by the Indian Cyber Crime Coordination Centre, which has seen a new pattern of transnational cyber-enabled financial fraud and investment scam, impersonating as stockbrokers and company executives.

Credit Card Payments Will Be Blocked On Apps

Credit Card Payments Will Be Blocked On Apps

Rediff.com1 Jul 2024

Some of the fintechs that will get impacted include Cred, Paytm, Phonepe and Amazon Pay, among others.

The Menace Of Road Rage

The Menace Of Road Rage

Rediff.com3 Sep 2024

I am happy I didn't knock anyone down, driving recklessly or trying to show off. However, in one instance of road rage (the consequence of arguing with a driver who disrespected my right to cross the road peacefully) I did find a man in a SUV taking his anger out on me by driving his vehicle over my feet, recalls Shyam G Menon.

Smartphone makers pin hopes on new launches after tepid March quarter

Smartphone makers pin hopes on new launches after tepid March quarter

Rediff.com16 Apr 2024

For the smart phone industry, it has been a lacklustre quarter of CY2024, with sales falling by 3-4 per cent over the same period last year, according to Counterpoint Research projections. However, with the launch of many new models in Q1 of CY24, overall shipments grew year-on-year by 10-12 per cent. In CY23 shipments remained flat, ending the year with 152 million units.

Will EV Policy Lure Tesla?

Will EV Policy Lure Tesla?

Rediff.com5 Apr 2024

If Tesla comes in, India's position as a manufacturing hub will rise many notches, as it will become only the second country, after China, to have both Apple as well as Tesla.

Telcos reiterate demands over FSC, 6 GHz spectrum

Telcos reiterate demands over FSC, 6 GHz spectrum

Rediff.com13 Jun 2024

Telecom service providers have doubled down on their demands for a proposed fair-share charge (FSC) to be levied on major over-the-top (OTT) service providers, opening up the 6 GHz spectrum band and increasing the number of testing labs for telecommunication products. Telecom industry body Cellular Operators Association of India (COAI) on Wednesday said these were the topmost demands for Prime Minister Narendra Modi-led National Democratic Alliance (NDA) government. The industry body wants this additional capital expenditure to be borne by these Large Traffic Generator (LTGs) OTTs as a proposed fair-share charge.

DoT Sets 100 Days Agenda For New Telecom Rules

DoT Sets 100 Days Agenda For New Telecom Rules

Rediff.com25 Jun 2024

'The idea is to frame the ToR quickly, so that Trai can begin its consultations with industry stakeholders.'

Adani, Qualcomm CEO discuss AI, semiconductors

Adani, Qualcomm CEO discuss AI, semiconductors

Rediff.com11 Mar 2024

Chip giant Qualcomm chief executive Cristiano R Amon and billionaire Gautam Adani on Monday discussed role of AI, semiconductors and edge appliances across markets in the fast changing global technology space. The two leaders met in Mumbai on Monday morning to discuss India's potential around semiconductors, AI and mobility, according to a social media post by Adani. While Qualcomm is big on designing and manufacturing semiconductors and wireless telecommunications products, Adani group had in 2022 bought a small quantity of fifth generation or 5G spectrum for private captive network deployment in ports, logistics and power generation among others.

Stock market gives thumbs up to Siemens' strong performance in Q2

Stock market gives thumbs up to Siemens' strong performance in Q2

Rediff.com23 May 2024

Siemens delivered a strong margin performance and also reported high other income to beat consensus in the January-March quarter (Q2) of FY24 (the company's year-end is September 30). In addition, it has opted to demerge the energy vertical with a 1:1 award of shares in the newly demerged entity which will be listed by the end of this year (CY25).

India-made chips may soon power iPhones

India-made chips may soon power iPhones

Rediff.com26 Apr 2024

Micron Technology, a global leader in memory and storage, is considering supplying Made-in-India chips from its Gujarat plant to one of its key global clients, Apple, whose vendors assemble iPhones in the country. Micron is setting up an assembly test marking and packaging (ATMP) plant in Sanand, Gujarat. Currently, Apple vendors import chips for manufacturing iPhones. Sources in the know say the aim is to use part of the production to supply to Micron's clients in India directly.

Actress Pavithra was present at murder spot, beat victim with slippers: Police

Actress Pavithra was present at murder spot, beat victim with slippers: Police

Rediff.com21 Jun 2024

The actress has been named as accused number one in the case, allegedly for being the instigator, while Darshan is accused number two, who allegedly executed the murder.

Vodafone sells 18% stake in Indus Towers for Rs 15,300 crore

Vodafone sells 18% stake in Indus Towers for Rs 15,300 crore

Rediff.com20 Jun 2024

British telecom player Vodafone on Wednesday said it has sold an 18 per cent stake in Indus Towers for 1.7 billion euro (about Rs 15,300 crore). Meanwhile, Bharti Airtel has increased its stake by acquiring 2.69 crore shares, representing a 1 per cent stake, in Indus Towers. The shares were acquired by Airtel at an average price of Rs 320 apiece, taking the transaction value to Rs 862.38 crore, as per the bulk deal data.

Social media influencer held for human trafficking in 3-day police custody

Social media influencer held for human trafficking in 3-day police custody

Rediff.com29 May 2024

Kataria has been involved in a big nexus of the human traffickers since last year and may have links with an international gang, the police said.

Tata Hitachi reaps rich harvest, from field to factory

Tata Hitachi reaps rich harvest, from field to factory

Rediff.com5 Jul 2024

It was the summer of 2006 (May 18). Writers' Building, then the state secretariat, was buzzing with journalists. The event marked the start of Buddhadeb Bhattacharjee's second term as chief minister. And in style, it got off with West Bengal bagging the small car plant, Nano.

Scamsters alter Aadhaar details of employees to withdraw PF money

Scamsters alter Aadhaar details of employees to withdraw PF money

Rediff.com12 Jun 2023

The Central Bureau of Investigation has arrested a man for allegedly altering Aadhaar card details to withdraw Provident Funds of unsuspecting persons through online claims, officials said on Monday.

'Jobs Have To Be Created Everywhere'

'Jobs Have To Be Created Everywhere'

Rediff.com25 Jul 2024

'I found it unbelievable that L&T said 45,000 jobs were waiting to be filled because of unavailability of suitable skillsets.' 'So, when the Opposition sweepingly says there are no jobs, I'm sorry... I'm not saying it's raining jobs, but there are jobs. The (skill) gap has to be bridged.'

Sameer Wankhede's wife Kranti Redkar-Wankhede gets death threats from Pak

Sameer Wankhede's wife Kranti Redkar-Wankhede gets death threats from Pak

Rediff.com9 Mar 2024

The actress, in a post on social media platform X informed that she has been receiving death threats since last year.

Like Abhimanyu, India trapped in BJP's 'chakravyuh': Rahul

Like Abhimanyu, India trapped in BJP's 'chakravyuh': Rahul

Rediff.com29 Jul 2024

Using the Mahabharat reference as a leitmotif, Leader of Opposition in the Lok Sabha Rahul Gandhi on Monday claimed that an atmosphere of fear prevails all around with a group of six trapping the entire country in a 'chakravyuh' he promised would be broken by the INDIA bloc.

ED to probe how Kejriwal issued directions from custody

ED to probe how Kejriwal issued directions from custody

Rediff.com24 Mar 2024

The Enforcement Directorate has taken cognisance of Delhi minister Atishi's statement that Chief Minister Arvind Kejriwal sent her directions from the agency's custody to initiate public welfare works related to water and sewerage, official sources said on Sunday.

Are Plug-In Hybrid Cars The Future?

Are Plug-In Hybrid Cars The Future?

Rediff.com15 May 2024

Plug-in hybrids have two engines and the electric part has a much larger battery than in the regular hybrids. Car companies, led by the Japanese, are pushing the Indian government to look at hybrids in the interim if it wants to reduce carbon emission.