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News for 'merchant base'

Start-ups milk the IPL cash cow again

Start-ups milk the IPL cash cow again

Rediff.com14 Apr 2016

It is all about hitting the ball high and timing it right.

Inside IIFA Rocks: Ameesha, Rakul get on stage

Inside IIFA Rocks: Ameesha, Rakul get on stage

Rediff.com17 Sep 2019

Bollywood took to the stage quite glamorously at IIFA Rocks, the event that kick-started the 20th edition of IIFA.

Over 10 Indian start-ups may mop up at least $10 billion in IPO rush

Over 10 Indian start-ups may mop up at least $10 billion in IPO rush

Rediff.com22 Feb 2021

Over 10 Indian start-ups with total valuations of $84 billion (some are planning fresh fund-raising) are bracing to launch initial public offerings (IPOs) in the next 36 months. While the size of their IPOs is under discussion, estimates are that they would together raise a minimum of over $8-10 billion during the initial listing.

How Google plans improve visual search results

How Google plans improve visual search results

Rediff.com30 Sep 2021

Google will introduce a new way to search "visually" in the coming months, making it easier for users to express their questions in more natural ways. Google, at its Search On livestream event on Wednesday night, shared details of how the tech giant is bringing the latest in artificial intelligence (AI) to its products, giving people new ways to search and explore information in more natural and intuitive ways. Earlier this year at its flagship event Google I/O, the US-based company had announced that it had reached a critical milestone for understanding information with Multitask Unified Model or MUM.

SRK's son among 8 arrested by NCB during cruise raid, sent to custody

SRK's son among 8 arrested by NCB during cruise raid, sent to custody

Rediff.com4 Oct 2021

Besides Aryan Khan, the arrested accused are identified as Munmun Dhamecha, Arbaaz Merchant, Ismeet Singh, Mohak Jaswal, Gomit Chopra, Nupur Sarika, and Vikrant Chhokar.

2 suspected ISIS members held in Bengaluru

2 suspected ISIS members held in Bengaluru

Rediff.com8 Oct 2020

Ahamed Abdul Cader, 40, hailing from Ramanathapuram district in Tamil Nadu and Irfan Nasir, 33, from Frazer Town in Bengaluru were arrested by the NIA sleuths on Wednesday.

Paytm in talks to raise another $1 billion

Paytm in talks to raise another $1 billion

Rediff.com28 Nov 2019

The funds will be used to expand the merchant offerings across India to equip them with technology and various other services.

Remembering Football Legend Tulsidas Balaram

Remembering Football Legend Tulsidas Balaram

Rediff.com20 Feb 2023

Tulsidas Balaram, who passed into the ages last week, was a member of the Indian football team which reached the semis at the Olympics and won an Asian Games gold medal.

Indian Unicorns Boom

Indian Unicorns Boom

Rediff.com29 Jul 2021

India is currently home to 52 unicorn startups and one of the fastest-growing startup ecosystems.

Paytm share allocation likely on Nov 16 at Rs 2,150 apiece

Paytm share allocation likely on Nov 16 at Rs 2,150 apiece

Rediff.com14 Nov 2021

Digital payments and financial services firm Paytm is likely to allocate shares at the upper price band of Rs 2,150 apiece on November 16 after market regulator SEBI's approval which is expected to come on Monday, sources aware of the development said. Earlier the allocation was expected to take place on Monday and the Paytm Money app also displayed the same.

Back to the wall, will Choksi still manage to pull off a trick or two?

Back to the wall, will Choksi still manage to pull off a trick or two?

Rediff.com12 Jun 2021

Given how everything has played out, Mehul Choksi, now 62, achieved all that he wanted but for all the wrong reasons, says Pavan Lall.

Mallya, Nirav Modi, Mehul Choksi are coming back to face law: FM

Mallya, Nirav Modi, Mehul Choksi are coming back to face law: FM

Rediff.com18 Mar 2021

Finance Minister Nirmala Sitharaman on Thursday said that fugitive businessmen Vijaya Mallya, Nirav Modi and Mehul Choksi are "coming back" to India" to face the law.

MobiKwik to delay IPO; turns to private market

MobiKwik to delay IPO; turns to private market

Rediff.com9 Mar 2022

With the stock market turning choppy, fintech start-up MobiKwik, which had filed a draft red herring prospectus (DRHP) to raise around $250 million through an initial public offering (IPO), is now looking to raise money from the private market. "We will raise private money but we are not in dire need. "The business was profitable for the first time in the December quarter on a top line of around Rs 150 crore and that will be maintained in the March quarter also. We are generating cash," said Upasana Taku, co-founder of MobiKwik.

Sena Should Explore New Ground

Sena Should Explore New Ground

Rediff.com28 Jun 2022

If it doesn't do that, what Uddhav Thackeray postpones addressing today will be there on the table to confront, for whoever anchors the Sena in the years ahead, observes Shyam G Menon.

Sebi likely to tighten norms for IPO price bands, investors

Sebi likely to tighten norms for IPO price bands, investors

Rediff.com27 Dec 2021

A December 28 board meeting of the Securities and Exchange Board of India (Sebi) may tighten norms for initial public offerings (IPOs). The board may look to prescribe a minimum 5 per cent gap in IPO price bands, extend the lock-in period for anchor investors to 90 days and cap the amount a majority investor can sell through offer for sale. The regulator is looking at whether there can be a preferred allocation for anchor investors who opt for a longer lock-in period, said a person familiar with the matter.

Edtech, logistics and gig-economy to drive jobs

Edtech, logistics and gig-economy to drive jobs

Rediff.com25 Feb 2021

Fresher hiring is expected to more than double compared to last year.

JioMart taps WhatsApp to deliver groceries, vegetables

JioMart taps WhatsApp to deliver groceries, vegetables

Rediff.com15 Dec 2021

Ordering groceries, vegetables and daily essentials is just a WhatsApp away as billionaire Mukesh Ambani's e-commerce platform JioMart taps into the popular messaging app to scale up online business in its fight for dominance in the giant Indian retail market with Amazon and Walmart-owned Flipkart. Ambani's twin children, Akash and Isha gave a preview of the ordering at Meta's second edition of the Fuel for India event on Wednesday. A new 'tap and chat' option allows users to order groceries through WhatsApp.

Zomato, valued at $4 bn, lays off 541 employees

Zomato, valued at $4 bn, lays off 541 employees

Rediff.com8 Sep 2019

The company, which has been in the news recently for all the wrong reasons, maintains that it was forced to rationalise the staff strength as improvements in technology resulted in certain redundancies in customer, merchant and delivery partner support teams.

A peek into Mastercard's ambitious plan for India

A peek into Mastercard's ambitious plan for India

Rediff.com15 Feb 2019

Mastercard is keen on being known not as a payments player but a technology company.

Why the Poor vote for Modi, and Rich vote for Left

Why the Poor vote for Modi, and Rich vote for Left

Rediff.com5 Jul 2021

Why are the poor turning Right instead of turning toward far-Left parties, ponders Pranab Bardhan.

Heroin worth Rs 3,500 cr seized off Guj coast

Heroin worth Rs 3,500 cr seized off Guj coast

Rediff.com30 Jul 2017

The Indian Coast Guard has seized 1,500 kg of heroin.

How PhonePe restored its UPI after Yes Bank blow

How PhonePe restored its UPI after Yes Bank blow

Rediff.com8 Mar 2020

After a gruelling 24 hours, the PhonePe team has fully restored UPI on the payment platform. The app is up and running again with ICICI Bank as its new partner with all payment instruments enabled.

Procedural to involve witnesses in raids: NCB on Malik's charges

Procedural to involve witnesses in raids: NCB on Malik's charges

Rediff.com9 Oct 2021

The NCB said all the allegations levelled against the agency in connection with the cruise ship raid and alleged recovery of drugs, in which Bollywood actor Shah Rukh Khan's son Aryan Khan was arrested, are 'baseless, motivated afterthoughts and prejudicial'.

COVID-19 to accelerate digital adoption in India: Morgan Stanley

COVID-19 to accelerate digital adoption in India: Morgan Stanley

Rediff.com27 May 2020

India's total online shopper base at 30 per cent of its internet population is low when compared with 78 per cent in China and 70-plus per cent in the US.

'BJP is getting damaged in the north by farmers' stir'

'BJP is getting damaged in the north by farmers' stir'

Rediff.com24 Jan 2021

If the protests have cemented the ties between the peasantry and the traders, the political implications for the BJP might become too serious to be disregarded because its core base was made up of the urban Khatri merchants.

Gandhi wasn't anti-business, anti-capitalist: Book

Gandhi wasn't anti-business, anti-capitalist: Book

Rediff.com2 Oct 2021

Economist Gandhi: The Roots and the Relevance of the Political Economy of the Mahatma by retired entrepreneur Jerry Rao provides insights into a hidden facet of Gandhi's personality -- his thoughts on economics and capitalism -- and also highlights some of his views on religion, ethics, human nature, education and society.

Paytm to hire 500 techies for marketplace consolidation

Paytm to hire 500 techies for marketplace consolidation

Rediff.com8 Apr 2019

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.

Rape complaint against IPS officer is act of revenge: Lawyer

Rape complaint against IPS officer is act of revenge: Lawyer

Rediff.com25 Jul 2014

Senior Indian Police Service officer Sunil Paraskar, who has been accused of rape by a city-based model, on Friday filed an anticipatory bail application before the sessions court on which granted him interim protection from arrest till July 31.

Pakistan launches probe into MQM's alleged ties with RAW

Pakistan launches probe into MQM's alleged ties with RAW

Rediff.com9 Mar 2016

The FIA has been tasked with probing various allegations of funding by Research and Analysis Wing to MQM.

Exclusive pics: At home with Oscar winner James Ivory

Exclusive pics: At home with Oscar winner James Ivory

Rediff.com6 Mar 2018

When the filmmaker took Rediff.com on a tour of his lavish New York estate.

Paytm to flex offline muscle

Paytm to flex offline muscle

Rediff.com14 Jun 2017

Paytm is banking on its offline network of merchants to fight bigger rivals Amazon and Flipkart

US court rejects Nirav Modi's plea against fraud charges

US court rejects Nirav Modi's plea against fraud charges

Rediff.com19 Oct 2021

In a major blow to Nirav Modi, a bankruptcy court in the US has rejected a petition of the fugitive diamond merchant and two of his associates, seeking dismissal of fraud allegations against them by the trustee of three companies they previously owned indirectly.

When Will Banks End Customer Harassment?

When Will Banks End Customer Harassment?

Rediff.com30 Aug 2022

The branch managers have come out of their glass cabins and the sellers' market has transformed into a buyers' market, but there is no end to the harassment of customers, asserts Tamal Bandyopadhyay.

How Shami played a role in grooming 'Gentle Giant' Mohsin

How Shami played a role in grooming 'Gentle Giant' Mohsin

Rediff.com2 May 2022

While he has been primarily a white-ball bowler, in 2020 during the first COVID-19 lockdown, Mohsin Khan got a rare chance to train with Mohammed Shami at his residential ground in Amroha.

Airtel Payments Bank powered by 250 million customers

Airtel Payments Bank powered by 250 million customers

Rediff.com25 Jan 2017

CEO Shashi Arora discusses his roadmap for Airtel Payments Bank with Karan Choudhury.

Why the recent cash crunch is not bad news for all

Why the recent cash crunch is not bad news for all

Rediff.com12 Dec 2016

Digital-pay companies see 10x growth spurt after demonetisation, report Ayan Pramanik & Shine Jacob/Business Standard from Bengaluru.

How UPI v2.0 will change your life

How UPI v2.0 will change your life

Rediff.com22 Aug 2018

For financial institutions, it will be an opportunity to provide better lending options. For instance, customers who pay their overdrafts on time will get access to more credit and probably at a cheaper rate.

PhonePe eyes $50 billion in transactions in 2019

PhonePe eyes $50 billion in transactions in 2019

Rediff.com28 Jan 2019

PhonePe via Bharat Bill Payment System (BBPS) plans to get into a number of new verticals, including fee payments in schools and colleges, payments at hospitals and other services

Amazon once again in 'data breach' controversy

Amazon once again in 'data breach' controversy

Rediff.com10 Jan 2019

Sellers downloading their monthly financial reports were served with those of other vendors, leading to a breach of competitive businesses data.

E-commerce war hots up as Chinese take on Indian products

E-commerce war hots up as Chinese take on Indian products

Rediff.com25 May 2015

Diane Wang's DHgate makes inroads into India's e-commerce ahead of Jack Ma's Alibaba.

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