Every customer, on opening a Payments Bank account, will get a cashback of Rs 250 as soon they bring deposits of Rs 25,000 in their bank account. The account will have zero balance requirement and every online transaction (such as IMPS, NEFT, RTGS) will be free of charge.
Wanted diamond merchant Nirav Modi, who remains behind bars in a London prison as he contests his extradition to India on charges of fraud and money laundering in the estimated $2-billion Punjab National Bank (PNB) scam case, will find out the UK court's ruling in the nearly two-year-long legal battle on Thursday. The 49-year-old is expected to appear via videolink from Wandsworth Prison in south-west London at Westminster Magistrates' Court, where District Judge Samuel Goozee is set to hand down his judgment on whether the jeweller has a case to answer before the Indian courts. The magistrates' court ruling will then be sent back to UK Home Secretary Priti Patel for a sign off, with the possibility of appeals in the High Court on either side depending on the outcome.
Paytm recently partnered with 1,000 educational institutions over admission fee payment through the app.
A round-up of Ranji matches played on Sunday.
Amid news that the company was planning to scale down its online marketplace business and eventually exit it, Paytm Mall is targeting Rs 10,000 crore in business over the next 12 months, says Karan Choudhury.
Modi is subject to two sets of criminal proceedings, the first brought by the CBI relating to a large-scale fraud said to have been committed upon PNB and the ED case, relating to the laundering of the proceeds of that fraud.
'One cannot avoid speculating whether there was something else at play that led to the uncovering of this saga.'
The James Bond actor spent months in India shooting for another film, but his connection to India goes much deeper than that.
Even as Sonam Kapoor threw a Diwali party, Amitabh Bachchan hosted a grand celebration too.
Accuses foreign-funded competition of 'capital dumping' to capture market, bats for stronger regulations for sector.
The youngest president of the Indian cricket board in India in independent India, Anurag Thakur has taken over the reins of the world's richest cricketing body at a time it is fighting an existential battle against a complete restructuring recommended by the Supreme Court.
Modi's defence team doubled the bail security to 2 million pounds and offered he would stay on 24-hour curfew at his London flat.
The United Kingdom's home department has cleared the extradition of fugitive diamantaire Nirav Modi, who is wanted in an over Rs 13,000-crore bank fraud case, officials said on Friday.
Joint venture to take on Amazon will be announced next week.
If lodged in the barrack, Modi is likely to get three square metre personal space and he will be provided a cotton mat, pillow, bed-sheet and blanket.
Getting to know Priyanka Chopra through these pictures from her life.
Unbanked customers can expect easier access to banking.
'It is a matter of concern. The number of forces on a 'naka' point is less and is normally in a remote area where they (terrorists) conceal themselves by coming along with civilians and then fire on the forces. We have faced losses and they have managed to flee a few times, but, we will soon find a response to this tactic and end this problem'
What explains Vijay Shekhar Sharma's optimism when other players have started to tread cautiously is Paytm's huge customer base: It has 120 million users and counting, says Nivedita Mookerji.
The central government has already conducted an assessment of security cover given to prisoners in the Arthur Road Jail and its findings conveyed to the UK court.
Besides the passports, Modi also possesses multiple residency cards, some of them expired, but covering countries/regions such as the UAE, Singapore and Hong Kong.
A round-up of results from the Ranji Trophy matches played on Wednesday.
With his versatile talents, Hardik Pandya is the kind of unique cricketer the Indian team has always wanted, writes Dhruv Munjal
He is set to be produced from custody before Judge Emma Arbuthnot for the first management hearing in the case, during which a broad timeline is expected for his extradition trial.
Wanted diamond merchant Nirav Modi on Thursday lost his fight against being extradited to India as a United Kingdom judge ruled that he can be sent back to face charges of fraud and money laundering in the estimated $2 billion Punjab National Bank scam case.
Experts believe that the government needs more innovative ways to secure the cyber space in the country and a cess is more like a punishment which would not help in the long run.
"He is expected to be produced before the court for a second bail application hearing on March 29," a court official in London confirmed on Tuesday.
The 22-yard strip at the Feroz Shah Kotla will be the cynosure of all eyes as a buoyant India seeks their biggest series triumph against South Africa when they square off in the final Test of the four-match rubber in Delhi on Thursday.
Paytm, which recently hived off its e-commerce and payments bank businesses into separate companies, would use these fresh funds to bolster the two businesses
The battle for the takeover of MCFL has been going on for one year.
Clare Montgomery, Modi's barrister, made a series of offers to try and convince the judge to grant bail.
Paytm is just embarking on building a TaoBao like entity in India, it may want to address a challenge that the latter faced a few years after its launch.
'Should a leader with such an impeccable record of public life, struggles, meritorious performance and heroism in politics like Babu Jagjivan Ram be weighed on caste and not reviewed for his real worth?' asks Tarun Vijay.
Things are expected to change dramatically in a few years for urban consumers.
'For the next three months or so, the market will go down.' 'Traders do not have Rs 100 notes.'
Teams of the National Disaster Response Force started landing in Gujarat with the help of the Indian Air Force to undertake preventive evacuation of people living on the west coast, an IAF official said.
SBI Cards on Tuesday launched a credit card especially meant for transactions on e-commerce websites.
With the arrival of new players such as Amazon Pay, Google Tez and Flipkart's PhonePe, digital money companies are now changing their business pitch.