News for 'mobile payments'

Now, pay more for your mobile, hotel, credit card bills :-(

Now, pay more for your mobile, hotel, credit card bills :-(

Rediff.com5 Jun 2015

Because from June 1, 2015, you will have to fork out 14 per cent service tax instead of 12.36 per cent

ED records Nora Fatehi's statement in money laundering case

ED records Nora Fatehi's statement in money laundering case

Rediff.com3 Dec 2022

Sources said the actor will be questioned about some more issues related to Chandrashekhar.

Govt okays mega 5G spectrum sale, enables 10 times faster speed than 4G

Govt okays mega 5G spectrum sale, enables 10 times faster speed than 4G

Rediff.com15 Jun 2022

The Union Cabinet has approved the modalities for holding 5G spectrum auctions, and 72097.85 MHz of radio waves will be put on the block by July-end, an official release said on Wednesday.

Convenience, safety or discount? The dilemma of how to pay your bills

Convenience, safety or discount? The dilemma of how to pay your bills

Rediff.com19 Sep 2016

A mobile wallet may offer discounts but allows transactions of limited amounts. And, while a bank app or internet account allows larger transactions, it might be less convenient

UK's Vodafone may sell 5% stake in Indus Towers to Bharti Airte

UK's Vodafone may sell 5% stake in Indus Towers to Bharti Airte

Rediff.com23 Feb 2022

British telecom giant Vodafone is in discussions to sell its about 5 per cent stake in telecom infrastructure company Indus Towers to Bharti Airtel, according to industry sources. The deal, if it goes through, could be worth over Rs 3,300 crore, they said. When contacted, Vodafone refused to comment on the matter. An e-mail sent to Bharti Airtel did not elicit any response.

With Rents Surging, Opt For Longer Lease

With Rents Surging, Opt For Longer Lease

Rediff.com5 May 2023

'Negotiate a longer agreement with the escalation clause fixed now.' 'This will enable you to control future cost increases.'

Alibaba betting on Paytm in India

Alibaba betting on Paytm in India

Rediff.com13 Aug 2016

Alibaba is playing a big role in helping to train the senior management of the upcoming Paytm Payment Bank

Airlines told to share international fliers' PNR with customs

Airlines told to share international fliers' PNR with customs

Rediff.com9 Aug 2022

With this, India joins 60 other countries that collect PNR details of international passengers.

Excise case: Sisodia kingpin of conspiracy, CBI tells HC

Excise case: Sisodia kingpin of conspiracy, CBI tells HC

Rediff.com20 Apr 2023

The submissions were made by the CBI in a short written reply while opposing the senior Aam Aadmi Party leader's bail plea, which it said was devoid of any merit and was an attempt to misuse the intricacies of law to thwart the progress of investigation in the case.

Rhea Chakraborty's brother Showik gets bail in drugs case

Rhea Chakraborty's brother Showik gets bail in drugs case

Rediff.com2 Dec 2020

Showik had relied on a recent SC judgment which said that "confessional statements" made to NCB officials cannot be considered as evidence.

Twitter CEO to give a third of his stock to employees

Twitter CEO to give a third of his stock to employees

Rediff.com23 Oct 2015

Dorsey works to rebuild employee morale and confidence at Twitter after a spate of high-level departures.

E-wallets plan to become more than just digital money providers

E-wallets plan to become more than just digital money providers

Rediff.com4 Jan 2018

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.

As user base shrinks, m-wallets put smart money on diversification

As user base shrinks, m-wallets put smart money on diversification

Rediff.com2 Apr 2018

The last few months have been hard on digital wallets which had a short-lived dream run post-demonetisation.

IRCTC moves to monetise passenger data

IRCTC moves to monetise passenger data

Rediff.com26 Aug 2022

In a first of its kind move, the Indian Railways Catering and Tourism Corporation (IRCTC), the ticket booking arm of the Indian Railways, is looking to monetise its bank of passenger data while conducting business with private and government companies. IRCTC has a large bank of data related to every online railway ticket ever generated as it is the country's only railway ticketing platform, an IRCTC official told Business Standard. The public sector undertaking, which has sought the services of a consultant to assist with the monetisation process, plans to raise Rs 1,000 crore through this exercise.

COVID-19 lockdown: How cyber criminals cheat YOU

COVID-19 lockdown: How cyber criminals cheat YOU

Rediff.com28 Apr 2020

'There has been a marked increase in four types of cases.' 'One is fraud related to online deliveries, online shopping and online groceries and liquor.' 'Second fake news, third hate speech and fourth sextortion.'

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

I-T dept launches new e-filing portal

I-T dept launches new e-filing portal

Rediff.com7 Jun 2021

The income tax department on Monday launched a new portal e-filing 2.0, which will make online filing of returns and tax payment easier. The new portal -- www.incometax.gov.in -- replaces the 'http://incometaxindiaefiling.gov.in' site, and can be accessed by taxpayers in various regional languages. The income tax department also asked taxpayers to re-register their DSC (Digital Signature Certificate), update personal mobile number and email ID under 'primary contact', act on 'pending action', if any, and respond to 'outstanding demand'.

Telcos will be able to invest fearlessly: Sunil Mittal

Telcos will be able to invest fearlessly: Sunil Mittal

Rediff.com15 Sep 2021

Telecom operator Bharti Airtel Chairman Sunil Mittal on Wednesday said the telecom sector reforms approved by the Cabinet will ensure that the industry is able to invest fearlessly, and the company will respond to Prime Minister Narendra Modi's call to invest and accelerate the country's growth. Among a series of breathers for the stressed telecom sector, the Cabinet has approved the inclusion of revenues earned only from telecom services in the adjusted gross revenue (AGR), and the removal of penalty on dues to be paid to the government prospectively. Mittal congratulated and thanked the government for undertaking these seminal reforms to lift an industry that is at the core of his Digital India vision.

'Emerging market and not Silicon Valley is the place to be in'

'Emerging market and not Silicon Valley is the place to be in'

Rediff.com23 Jan 2015

ZipDial has recently been acquired by Twitter.

Will 5G turn the tables for India's telecom companies?

Will 5G turn the tables for India's telecom companies?

Rediff.com30 Mar 2022

Consumers can expect a 5G launch in the country soon. Telecom companies (telcos) say if auctions take place on time - the target is July - they would be able to offer some services in a few cities by the end of this year and a full roll-out from 2023. But the question is: will 5G turn the tables for telcos financially? Will average revenue per user (ARPU) improve? Will mobile consumers upgrade to 5G quickly and pay more? Will the expanded functions that 5G enables drum up sufficient revenues? In simple terms, will telcos make more money?

Whatsapp Pay's India launch in jeopardy

Whatsapp Pay's India launch in jeopardy

Rediff.com6 Nov 2019

Top officials in key ministries, including finance and IT, are of the opinion that a sensitive payments system such as UPI should not be on a platform whose security is possibly compromised.

More bad news for HDFC Bank, this time from Moody's

More bad news for HDFC Bank, this time from Moody's

Rediff.com7 Dec 2020

Global rating agency Moody's on Monday said HDFC Bank's multiple digital outages are credit negative as such recurring incidents could lead to moderation in revenue and flight of customers to other banks. The recurring outages also risk hurting the bank's brand perception among a growing and increasingly digitally savvy customer base, and increases the potential that clients switch to other banks, which would lead to a reduction in revenue and low-cost retail funding, Moody's said in a statement.

Discount on credit card usage at petrol pumps withdrawn

Discount on credit card usage at petrol pumps withdrawn

Rediff.com25 Sep 2019

Credit card payments to buy fuel at petrol pumps will from October 1 not get a 0.75 per cent discount that State-owned oil companies had introduced more than two-and-a-half years back to promote digital payments.

Now, transfer your money via SMS

Now, transfer your money via SMS

Rediff.com12 Apr 2016

Unified Payments Interface launched to simplify mobile banking.

Ambani bomb scare: Phone traced to Tihar jail seized

Ambani bomb scare: Phone traced to Tihar jail seized

Rediff.com12 Mar 2021

The officer said further investigation and forensic analysis will be done after the mobile handset and details of the seizure are received from Tihar Jail authorities.

After Amazon, Mastercard says it will invest $1 bn in India

After Amazon, Mastercard says it will invest $1 bn in India

Rediff.com18 Jan 2020

The proposed investment will be made over a period of five years in our India operations, which includes an R&D facility at Pune and another centre at Vadodara.

Your neighbourhood store can turn into a bank soon

Your neighbourhood store can turn into a bank soon

Rediff.com20 Aug 2015

Your nearest grocery shop might soon become a one-stop shop for depositing and withdrawing money.

Commercial 5G services will be rolled out in 13 cities in 2022: DoT

Commercial 5G services will be rolled out in 13 cities in 2022: DoT

Rediff.com28 Dec 2021

Commercial 5G services will be rolled out in 13 cities in India, including the metropolises, in 2022, the Department of Telecommunications (DoT) said in a statement on Monday. These cities are Delhi, Gurugram, Mumbai, Pune, Chennai, Kolkata, Bengaluru, Hyderabad, Chandigarh, Lucknow, Ahmedabad, Gandhinagar, and Jamnagar. "These metros and big cities would be the first places for the launch of 5G services in the country next year," the DoT said.

1.57 bn accounts but are Indians saving in banks?

1.57 bn accounts but are Indians saving in banks?

Rediff.com26 Apr 2018

Now, 83 per cent males and 77 per cent females have formal bank accounts but they are hardly using them

Rakesh Tikait asks farmers to be ready for nationwide agitation

Rakesh Tikait asks farmers to be ready for nationwide agitation

Rediff.com19 Aug 2022

Bhartiya Kisan Union (BKU) leader Rakesh Tikait exhorted farmers to be ready for a massive nationwide agitation over their demands as a 75-hour sit-in by the Samyukta Kisan Morcha in Lakhimpur Kheri seeking the removal of Union minister Ajay Kumar Mishra and a law on minimum support price (MSP) entered the second day on Tuesday.

No salary, COVID-19 workers threaten to jump off hospital building

No salary, COVID-19 workers threaten to jump off hospital building

Rediff.com17 May 2020

The protesting workers were later pacified and brought down after some time, the police said, even as the district administration took note of the matter and an inquiry has been initiated, according to officials.

'There could be new challenges, new battles'

'There could be new challenges, new battles'

Rediff.com7 Apr 2023

'The Indian economy and the Indian financial sector today remain resilient and much better placed.'

IT minister gives telcos one week for cashless action plan

IT minister gives telcos one week for cashless action plan

Rediff.com13 Dec 2016

The telecom companies have also been asked to urgently improve their infrastructure, as the government aims to digitise a host of services.

Why there was an SMS outage this week

Why there was an SMS outage this week

Rediff.com11 Mar 2021

Instead of relying on technology that is not in their control, businesses should stop using SMS based OTPs and start using other software-based or hardware-based token authentication, which are in their control, says Venkata Satish Guttula.

Uber's business shows strong recovery signs post lockdown in India

Uber's business shows strong recovery signs post lockdown in India

Rediff.com2 Mar 2021

As Indians start travelling in the new normal, strong recovery in smaller towns underscores success for ride-hailing giant's 'India to Bharat' strategy, which offers new products in regional markets.

COVID resurgence has dented but not debilitated economy: RBI

COVID resurgence has dented but not debilitated economy: RBI

Rediff.com17 May 2021

The resurgence of COVID-19 has dented but not debilitated economic activities in the first half of Q1 of the current fiscal even though caseload of infections is much higher than before, according to an RBI article. The ferocity of the second COVID-19 wave has overwhelmed India and the world, the article said, adding that war efforts have been mounted to stop the surge in its tracks. "The impact of the second wave on the real economy seems to be limited so far in comparison with the first wave. Evidently, the localised nature of lockdowns, better adaptation of people to work from home protocols, online delivery models, e-commerce and digital payments are at work," the article on the state of economy authored by RBI Deputy Governor M D Patra and other officials said.

Delhi court rejects Zubair's bail plea, sends him to 14-day jail

Delhi court rejects Zubair's bail plea, sends him to 14-day jail

Rediff.com2 Jul 2022

Chief metropolitan magistrate Snigdha Sarvaria allowed the police plea, which said further investigation was on.

Centre limits charges on electronic fund transfer

Centre limits charges on electronic fund transfer

Rediff.com21 Dec 2016

Banks shall not charge fees for transactions settled on IMPS and UPI in excess of rates charged for NEFT for transactions above Rs 1,000, the order said.

Coming soon: Aadhar-enabled transactions via phone

Coming soon: Aadhar-enabled transactions via phone

Rediff.com2 Dec 2016

Through this mobile application, the handset will be used for authenticating biometrics of customers making Aadhaar enabled payment.

Trai wants spectrum base price slashed by 39%

Trai wants spectrum base price slashed by 39%

Rediff.com11 Apr 2022

Telecom regulator Trai on Monday recommended about 39 per cent reduction in the reserve or floor price for the sale of spectrum for mobile services, including the latest 5G offering, as it looked to match revenue expectations with the industry's paying capacity. With large swathes of spectrum remaining unsold in the last two auctions, the Telecom Regulatory Authority of India (Trai) recommended to the government for selling airwaves in all existing bands of 700 MHz, 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz, 2500 MHz and new slots of 600 MHz, 3300-3670 MHz and 24.25-28.5 GHz. It has suggested a lower reserve price for all bands, compared to the prices proposed in the previous recommendations in 2018.