News for 'Transaction'

Bharti Airtel's Homegrown Cloud Platform Secures 40 Customers, Targets Manufacturing Sector

Bharti Airtel's Homegrown Cloud Platform Secures 40 Customers, Targets Manufacturing Sector

Rediff.com20 Sep 2026

Bharti Airtel's homegrown cloud platform, Airtel Cloud, has acquired approximately 40 customers within a year of its launch, with a significant portion coming from the manufacturing sector. The platform, designed for Indian companies, offers sovereign, telco-grade cloud infrastructure, connectivity, and GenAI-based provisioning, addressing the growing demand for secure, India-hosted data solutions, particularly for sensitive workloads and regulated sectors.

'After 6 Months, NSE Scrip Will Have 100% Free Float'

'After 6 Months, NSE Scrip Will Have 100% Free Float'

Rediff.com12 Sep 2026

'Regulations give a particular minimum amount of shares to be given in the OFS or IPO -- without which one cannot do the IPO.' 'We got that number on the day of filing of updated DRHP -- sufficient for us to go live with the IPO.'

College student arrested for morphing pix of teachers, students

College student arrested for morphing pix of teachers, students

Rediff.com4 Sep 2026

A college student in Kochi has been arrested for allegedly morphing photographs and videos of teachers and female students into obscene content and circulating them on social media platforms like Telegram and Instagram. The arrest followed a complaint from the college management, which also dismissed the student. Police are investigating the extent of the network and potential financial motives.

ED charges EaseMyTrip co-founder Pitti in Mahadev online betting app case

ED charges EaseMyTrip co-founder Pitti in Mahadev online betting app case

Rediff.com22 Sep 2026

EaseMyTrip co-founder Nishant Pitti has been chargesheeted by the Enforcement Directorate in the Mahadev online betting app money laundering case. He is accused of facilitating illegal betting proceeds into the equity market via foreign portfolio investments, with his DEMAT shares worth Rs 59.60 crore provisionally attached. Pitti denies knowledge of the chargesheet and vows to cooperate, while the ED alleges his involvement in stock price manipulation and layering crime proceeds.

'Tatas May Challenge RBI's Decision'

'Tatas May Challenge RBI's Decision'

Rediff.com15 Sep 2026

'...but should prepare for listing unless a court grants effective interim relief.'

No NSE Proposal for Self-Trading, Will Examine UPI MDR Concerns: Sebi

No NSE Proposal for Self-Trading, Will Examine UPI MDR Concerns: Sebi

Rediff.com17 Sep 2026

SEBI Chairman Tuhin Kanta Pandey stated that the National Stock Exchange (NSE) has not submitted any proposal seeking approval to trade on its own platform after getting listed, and such trading is currently not permitted. He also confirmed that SEBI would examine concerns raised by brokers and asset management companies regarding the new UPI Merchant Discount Rate (MDR) framework.

UPI transactions dip 1.7% by value in April after record March

UPI transactions dip 1.7% by value in April after record March

Rediff.com2 May 2026

Unified Payments Interface (UPI) transaction value and volume saw a slight month-on-month dip in April after record highs in March, but daily transaction volumes increased, indicating sustained growth in digital payments across India.

UIDAI Plans International Expansion For Aadhaar

UIDAI Plans International Expansion For Aadhaar

Rediff.com10 Sep 2026

The Unique Identification Authority of India (UIDAI) is actively working on plans to expand Aadhaar's reach globally, particularly to benefit non-resident Indians (NRIs) and overseas citizens of India (OCIs). This initiative aims to enhance interoperability, attract investment, and streamline digital identification processes, with new guidelines for merchants and products like Aadhaar Lite also in development.

How UPI Integration In Uzbekistan Benefits Indian Travellers

How UPI Integration In Uzbekistan Benefits Indian Travellers

Rediff.com31 Aug 2026

NPCI International and Uzbekistan's NIPC have partnered to enable UPI payments across Uzbekistan, allowing Indian tourists, business travellers, and students to make instant merchant payments using the UZQR code. This agreement, approved by RBI and CBU, integrates UPI with Uzbekistan's national payment system, HUMO, facilitating direct P2M payments from Indian bank accounts and reducing reliance on foreign exchange or international cards.

UPI Transactions Surge to Record Levels in March

UPI Transactions Surge to Record Levels in March

Rediff.com2 Apr 2026

Unified Payments Interface (UPI) transactions in India reached a record high in March, with 22.64 billion transactions, marking a significant increase from the previous year and highlighting the growing adoption of digital payments.

NSE IPO: 'Demand Is Unexpectedly Large'

NSE IPO: 'Demand Is Unexpectedly Large'

Rediff.com16 Sep 2026

Shares will be allocated across different institutional investors, including domestic mutual funds, other domestic institutions and FPIs.

Shapoorji Pallonji Group backs Tata Sons listing, bolstering board's push

Shapoorji Pallonji Group backs Tata Sons listing, bolstering board's push

Rediff.com18 Sep 2026

The Shapoorji Pallonji (SP) Group, the second-largest shareholder in Tata Sons, has publicly endorsed a listing of the Tata Group's holding company, aligning with the board's push for greater transparency and public accountability despite opposition from the Tata Trusts.

PhonePe Charts Ambitious Decade-Long Digital Progress Roadmap

PhonePe Charts Ambitious Decade-Long Digital Progress Roadmap

Rediff.com9 Sep 2026

PhonePe, at the Global Fintech Fest 2026, unveiled its strategic vision for the next decade, focusing on inclusive digital progress for individuals, households, and businesses across India. The roadmap details innovations in financial inclusion, wealth creation, credit access, and merchant solutions.

UPI Transactions Soar to Record Highs in March

UPI Transactions Soar to Record Highs in March

Rediff.com1 Apr 2026

Unified Payments Interface (UPI) transactions reached a record high in March, driven by festivities and the financial year closure, according to the National Payments Corporation of India (NPCI).

'Hostile Takeover Of Tata Sons Would Be Extremely Difficult'

'Hostile Takeover Of Tata Sons Would Be Extremely Difficult'

Rediff.com23 Sep 2026

'The issue appears to be less about Chandrasekaran personally and more about the direction Tata Sons should take.'

How RBI's Tokenisation Push Will Transform India's Financial Ecosystem

How RBI's Tokenisation Push Will Transform India's Financial Ecosystem

Rediff.com9 Sep 2026

The Reserve Bank of India (RBI) is planning to extend tokenisation to various financial asset classes, building on its successful trials with certificates of deposit (CDs). This move aims to enhance the efficiency of issuance, trading, and settlement of financial assets, leveraging blockchain technology and wholesale Central Bank Digital Currency (CBDC) for atomic settlements.

Beware Of These Scams!

Beware Of These Scams!

Rediff.com1 Sep 2026

Do not share OTPs, PINs, authentication codes, card numbers, card verification values (CVVs), KYC details, security answers, Internet-banking passwords or Aadhaar-based authentication credentials through SMS, e-mail or phone calls.

How Old Rivalry Led To A Deadly Gurugram Murder

How Old Rivalry Led To A Deadly Gurugram Murder

Rediff.com11 Sep 2026

Five individuals have been arrested in Gurugram for the murder of a 39-year-old man, a crime police say was a revenge killing stemming from an old rivalry. The accused had conspired to kill both the victim and his son, but only the father was fatally shot. Police apprehended the suspects after a chase, recovering a weapon and the motorcycle used in the incident, and are continuing their investigation.

UEFA Seeks Evidence Against FIFA President Infantino In Swiss Case

UEFA Seeks Evidence Against FIFA President Infantino In Swiss Case

Rediff.com11 Sep 2026

UEFA is seeking evidence in a US court for a potential Swiss criminal case against FIFA President Gianni Infantino concerning his abandoned World Cup commercial-rights plan.

'Big U-turn For My Life': Former India Cricketer Jacob Martin Acquitted in 22-Year-Old Forgery Case

'Big U-turn For My Life': Former India Cricketer Jacob Martin Acquitted in 22-Year-Old Forgery Case

Rediff.com21 Aug 2026

Former Indian cricketer Jacob Martin has been acquitted of all charges by the Patiala House Court in a 22-year-old criminal case involving allegations of forgery and passport act violations, bringing him significant relief after years of stress.

Delhi octogenarian's stolen phone cracks interstate cyber-fraud gang; 9 held

Delhi octogenarian's stolen phone cracks interstate cyber-fraud gang; 9 held

Rediff.com10 Aug 2026

A stolen mobile phone belonging to an 88-year-old man has helped the Delhi police unearth an interstate cyber-fraud syndicate allegedly operating through a three-stage network spread across Rajasthan and Uttar Pradesh, an officer said on Monday.

Adani Airport Holdings raises Rs 9,825 crore from global investors for expansion

Adani Airport Holdings raises Rs 9,825 crore from global investors for expansion

Rediff.com10 Sep 2026

Adani Airport Holdings (AAHL) has announced it will raise 9,825 crore through a primary equity infusion from a consortium of global investors, including Alpha Wave Global, Premji Invest, Temasek, and funds managed by BlackRock, who will collectively acquire a 5.54 per cent stake.

Finance Minister Calls For Robust AI Safeguards In Finance Sector

Finance Minister Calls For Robust AI Safeguards In Finance Sector

Rediff.com11 Sep 2026

Finance Minister Nirmala Sitharaman has called for enhanced accountability and safeguards for artificial intelligence, particularly as it integrates into critical sectors like finance. Speaking at the Global Fintech Fest, she highlighted the dual nature of AI, capable of accelerating transactions but also amplifying fraud and cyberattacks. Sitharaman stressed the need for human and institutional responsibility in AI-driven decisions, urging regulators and companies to scrutinise high-risk AI applications. She also proposed a federated industry platform for Indian tech companies to navigate international regulations and ensure tax compliance globally.

How To Pick The Right Broker

How To Pick The Right Broker

Rediff.com15 Sep 2026

Investors opening new brokerage accounts must choose a broker suited to their style.

BRICS raises 'serious concerns' over unilateral tariffs, trade barriers

BRICS raises 'serious concerns' over unilateral tariffs, trade barriers

Rediff.com12 Sep 2026

BRICS members have expressed 'serious concerns' over the unilateral imposition of trade and finance-related measures, including higher tariffs and non-tariff barriers, stating these actions distort trade and are inconsistent with WTO rules. The grouping also highlighted elevated risks to the global economic outlook due to geopolitical tensions, trade fragmentation, and protectionism.

Digital Ecosystem Key To Unlocking MSME Credit

Digital Ecosystem Key To Unlocking MSME Credit

Rediff.com11 Sep 2026

India's MSME sector faces a significant formal credit gap of approximately Rs 60 lakh crore, with traditional channels meeting only a fraction of the demand. A new report suggests that a centralised, interoperable digital layer could effectively bridge this gap and enhance productivity across the formal business sector by digitising workflows and enabling cash-flow-based underwriting.

Trai expands 1601 number series to utilities, logistics to curb fraud

Trai expands 1601 number series to utilities, logistics to curb fraud

Rediff.com11 Aug 2026

The Telecom Regulatory Authority of India (Trai) has expanded the 1600-number series to include utilities, courier, and logistics companies, introducing the new 1601 series to help consumers identify legitimate calls and prevent widespread fraud and impersonation.

UPI payments to remain free, charges to apply only on...: Govt

UPI payments to remain free, charges to apply only on...: Govt

Rediff.com8 Aug 2026

The Indian government has clarified that consumers will not be charged for UPI transactions, and most merchant transactions will also remain free. This comes amidst speculation following an amendment to the Payment and Settlement Systems Act, 2007. Any future merchant discount rate (MDR) would be nominal, threshold-based, and aimed at ensuring UPI's long-term sustainability and infrastructure development.

Buying Property? Verify Title First

Buying Property? Verify Title First

Rediff.com8 Sep 2026

Examine the complete title chain to establish how the present owner acquired the property.

India Must Diversify Services Exports For Sustainable Growth

India Must Diversify Services Exports For Sustainable Growth

Rediff.com9 Sep 2026

Commerce Secretary Rajesh Agarwal highlighted the critical need for India to diversify its services exports beyond the dominant IT/ITeS and professional services sectors. Speaking at the Global Fintech Fest 2026, he emphasised the vast potential in the global financial services market, where India currently holds a small share, and stressed how fintech solutions, like UPI, can drive growth, reduce remittance costs, and support MSME trade finance, ultimately leading to sustainable economic expansion.

BRICS Summit: When Geography Speaks Louder Than Words

BRICS Summit: When Geography Speaks Louder Than Words

Rediff.com14 Sep 2026

New Delhi was told it had given something up; in reality it had stopped talking about it, notes Dr Abhishek Puri.

TRAI Chairman Anil Kumar Lahoti Emphasises Safeguards For AI In Telecom Networks

TRAI Chairman Anil Kumar Lahoti Emphasises Safeguards For AI In Telecom Networks

Rediff.com14 Sep 2026

TRAI Chairman Anil Kumar Lahoti has called for robust safeguards, human oversight, and intervention capabilities as Artificial Intelligence becomes increasingly integrated into telecom networks. While acknowledging AI's potential to transform network management and threat detection, Lahoti stressed the need for responsible AI deployment, risk assessments, and clear accountability to ensure consumer trust and prevent misuse, especially in combating online fraud.

Tata Trusts Readies For Court Fight

Tata Trusts Readies For Court Fight

Rediff.com21 Sep 2026

'It is unfortunate that the Chairman of Tata Sons, a Company renowned for setting high standards of corporate governance, is contending reappointment on such an untenable interpretation of the Articles'.

10 IPO Checks Before You Invest

10 IPO Checks Before You Invest

Rediff.com17 Sep 2026

Dig into the prospectus. Use the prospectus to understand the business and its risks.

Trump announces 'biggest oil deal in world history' with Venezuela

Trump announces 'biggest oil deal in world history' with Venezuela

Rediff.com29 Aug 2026

Donald Trump announced a landmark agreement with Venezuela, claiming it to be the 'biggest oil deal in world history'. The deal reportedly grants the US majority control over more than 65 billion barrels of Venezuela's proven crude oil reserves, aiming to double American oil reserves and lower domestic gasoline prices.

Does GPay/PhonePe Affect CIBIL Score?

Does GPay/PhonePe Affect CIBIL Score?

Rediff.com21 Aug 2026

It's not about how much you earn -- it's about how you borrow and repay.

4 India-based companies face US sanctions over Iran trade

4 India-based companies face US sanctions over Iran trade

Rediff.com25 Aug 2026

The United States has sanctioned four India-based companies, including a customs broker and three other firms, for their involvement in importing petroleum and petrochemical products from Iran. This action is part of "Operation Economic Outcast," a broader US campaign to sever Iran's financial lifelines and prevent funding for its destabilising activities.

India's payment system interoperability push finds no mention in BRICS declaration

India's payment system interoperability push finds no mention in BRICS declaration

Rediff.com14 Sep 2026

India's proposal to link BRICS payment systems, including central-bank digital currencies (CBDCs), was notably absent from the grouping's New Delhi Declaration, despite being a key agenda item for India's chairmanship. This omission leaves the 16-year effort for trade in local currencies without a settled payment architecture, with the declaration only 'acknowledging' the work of the BRICS Payment Task Force.

Google Asked To Urgently Remove Fake Bank Web Sites

Google Asked To Urgently Remove Fake Bank Web Sites

Rediff.com22 Aug 2026

Phishing sites mimicked SBI, ICICI Bank and Axis Bank to steal card details and OTPs.

What If the Biggest Bank Fraud Risk Is An Employee?

What If the Biggest Bank Fraud Risk Is An Employee?

Rediff.com21 Aug 2026

Bank fraud is no longer just an external cyber threat -- insiders with legitimate access can exploit banking systems, trusted credentials and institutional blind spots to quietly siphon money.