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New Delhi [India], October 1: Entrepreneurship Cell, IIT Kanpur, has announced the launch of UpStart 2025, its flagship national pitching competition designed to support, accelerate, and empower Indian startups. The event will be organized in two distinct parts -- the Nationals, which will be organized in four Indian cities, i.e., Delhi (11th October), Hyderabad (1st November), Bangalore (8th November), and Mumbai (6th December). The Finals will be held at IIT Kanpur on January 25, 2026. Also R ...Read More >
Hurun India Rich List 2025: Ambani, Adani, Roshni Nadar Lead Nation's Wealth Surge India's wealth creation engine continues to accelerate, with a record 358 dollar-billionaires and 1,687 individuals worth over ₹1,000 crore, according to the newly released M3M Hurun India Rich List 2025. The 14th edition of the list, compiled by Hurun India in partnership with M3M India, highlights that Mukesh Ambani, 68, chairman of Reliance Industries, has reclaimed his position as India's richest man, with fa ...Read More >
New Delhi, Sep 30 (PTI) Electronics manufacturing services firm Optiemus Infracom and Ordinary Theory LLC USA have announced to set up a joint venture for manufacturing, market development, and sales of smart enterprise hardware and integrated industrial solutions, a regulatory filing said on Tuesday. The joint venture will focus on creating smart enterprise hardware solutions spanning payments, retail, logistics, and AI. "This partnership with Ordinary Theory LLC excites us as it will help us ...Read More >
Generative AI Spotlight Series: accounts payable automation Manual invoice processing can slow down AP teams and limit scalability. Built with generative AI on AWS, the Agentic Solution for Accounts Payable reduces manual effort across every stage of the workflow -- from capturing invoice data to managing exceptions and triggering payments -- while strengthening financial control. The solution includes a set of pre-built AI agents, each designed to handle a key task, working together to deliver ...Read More >
Mumbai (Maharashtra) [India], September 30: L'Oreal announced the winners of the India regional finals of its Big Bang Beauty Tech Innovation Program. The biggest Beauty Tech open innovation competition of this geographical scale, the program intensifies L'Oreal's startup focus and investment in beauty innovation. Three startups from India emerged victorious and have secured their place at the Grand Finale in Singapore this November. Also Read | Pafos vs Bayern Munich UEFA Champions League 2025 ...Read More >
New Delhi [India], September 30: TECNO Mobile is turning up the festive excitement with jaw-dropping deals worth INR 100 crore on its latest smartphones, where one lucky winner will also get a chance to win the Mahindra BE 6. With innovative features, stylish designs, and unbeatable festive offers, TECNO is all set to make this festive season brighter, smarter, and more rewarding for every consumer. As part of its TECNO Tyohar campaign, running from 22nd September to 31st October 2025, every pur ...Read More >
Mumbai, Sep 29 (PTI) The Reserve Bank's Monetary Policy Committee began its three-day deliberations amid expectations of status quo on the key interest rate, but some experts think that the central bank may settle for a 25 bps cut. The decision of the RBI Governor Sanjay Malhotra-headed six-member rate-setting panel will be announced on Wednesday. The meeting is taking place against the backdrop of ongoing geopolitical tensions and the US imposing 50 per cent tariffs on Indian shipments. The R ...Read More >
The banking regulator, through its internal investigation, found Simpl to be in violation of the Payments and Settlement Systems Act, 2007." The Reserve Bank of India (RBI) has asked Bengaluru-based fintech startup Simpl to halt all payment operations. In a letter dated September 25, a copy of which was reviewed by ET, the central bank stated: "The entity is directed to immediately stop the business of payment systems carried out by involving functions of payment, clearing, and settlement." Si ...Read More >
Fintech firm PayNearby is planning an initial public offering (IPO) in the next financial year to boost the next phase of growth. Fintech firm PayNearby is planning an initial public offering (IPO) in the next financial year to boost the next phase of growth. "We have initiated the IPO process and talks with three merchant bankers. We will soon select a merchant banker to proceed with the process," PayNearby founder, MD and CEO Anand Kumar Bajaj told PTI. Once the merchant banker is finalised ...Read More >
New Delhi: Fintech firm PayNearby is planning an initial public offering (IPO) in the next financial year to boost the next phase of growth. "We have initiated the IPO process and talks with three merchant bankers. We will soon select a merchant banker to proceed with the process," PayNearby founder, MD and CEO Anand Kumar Bajaj told PTI. Once the merchant banker is finalised, PayNearby will file its Draft Red Herring Prospectus (DRHP) with the capital market regulator Sebi, he added. The com ...Read More >
Bengaluru : Unity Small Finance Bank (Unity Bank), a new-age bank, has collaborated with IBM to centralize and secure its growing Application Programming Interface (API) ecosystem, using IBM Cloud Pak for Integration and IBM Consulting's expertise in application management. This collaboration strengthens the bank's API-first strategy and supports rapid innovation across hybrid cloud environments to enhance customer experience and operational agility. Through this collaboration, Unity Bank has e ...Read More >
Highlighting the success of India's fintech revolution, the PM stressed that United Payments Interface (UPI) has transformed the way financial transactions are done in the country. Minutes after inaugurating the Uttar Pradesh International Trade Show-2025 (UPITS-2025) at Greater Noida, Prime Minister Narendra Modi underlined the robustness of India's economic framework and said that self-reliance is not an option for India but it is a concept that will aid India attain its rightful place going ...Read More >
New Delhi, Sep 24 (PTI) Digital payments provider PhonePe has filed draft papers with markets regulator Sebi for its upcoming initial public offering (IPO) using the confidential pre-filing route. On Wednesday, the company's spokesperson said, "PhonePe Ltd has filed the Pre-filed Draft Red Herring Prospectus with Sebi and the stock exchanges, under...the Sebi ICDR Regulations in relation to the proposed initial public offering of its equity shares on the main board of the stock exchanges". How ...Read More >
Gandhinagar, Sep 23 (SocialNews.XYZ) Union Home and Cooperation Minister Amit Shah on Tuesday inaugurated the two-day Startup Conclave 2025 at Mahatma Mandir, bringing founders, investors and policymakers from across India together for a wide-ranging showcase and policy dialogue. Accompanied by Gujarat Chief Minister Bhupendra Patel and Higher Education Minister Rushikesh Patel, HM Shah described the country's youth as moving from "job-seekers to job-creators" and urged investors to back early- ...Read More >
HYDERABAD, India, Sept. 16, 2025 /PRNewswire/ -- The ICFAI Business School (IBS) has consistently maintained placement rates of over 93% in recent years. With 30 years of excellence in management education and a presence in major cities, the campuses are able to attract top recruiters year on year and network with more than 1000 companies. IBS students primarily graduate with MBA/PGPMs, specializing in finance, marketing, HR, operations, and IT Systems. The MBA is offered at the IBS Hyderabad, B ...Read More >
Hyderabad (Telangana) [India], September 16: The ICFAI Business School (IBS) has consistently maintained placement rates of over 93% in recent years. With 30 years of excellence in management education and a presence in major cities, the campuses are able to attract top recruiters year on year and network with more than 1000 companies. IBS students primarily graduate with MBA/PGPMs, specializing in finance, marketing, HR, operations, and IT Systems. The MBA is offered at the IBS Hyderabad, Banga ...Read More >
Fintech platform CRED is postponing its IPO, deeming itself "too young" and prioritizing building a robust financial ecosystem. CEO Kunal Shah aims to deepen relationships with affluent users and expand product offerings, fueled by a recent $75 million Series G fundraise. CRED launched new features including asset tracking, curated fixed deposits, and premium credit cards. Fintech platform CRED has ruled out an initial public offering (IPO) in the immediate future, with Founder and CEO Kunal Sh ...Read More >
Info Edge (India) Ltd., the parent of job portal Naukri.com, has launched an independent investigation after receiving a whistle-blower complaint alleging violations of company policies by employees in its real estate vertical, 99acres. In a regulatory filing, the company said its Audit Committee and Board of Directors had taken note of the allegations and appointed a reputed specialist law firm to conduct a comprehensive probe. The firm's assessment is ongoing. While the company did not disclo ...Read More >
MUMBAI: In a further boost to the raining IPO season, which has already seen over Rs 75,000 crore mopped up this year, Sebi has cleared the primary share sale plans of six companies. The companies that have received the Sebi nod are digital payments major Pine Labs, auto component maker Hero Motors, spices and ready to eat foods major Orkla India (the Norwegian company had snapped up Eastern Condiments and MTR Foods some time back), Emmwee Photovoltaic Power, Canara Robeco Asset Management Comp ...Read More >
Bengaluru, Sep 15 (PTI) Fintech platform CRED has ruled out an initial public offering (IPO) in the immediate future, with Founder and CEO Kunal Shah stating the company is "too young" for public markets and is instead prioritising robust institutional building and expanding its range of offerings for India's affluent, creditworthy consumers. Acknowledging the inevitability of going public "at the right time", Shah underlined that the firm's immediate focus is on nurturing a trusted financial e ...Read More >
Mumbai, September 15: The National Payments Corporation of India (NPCI) has raised the Unified Payments Interface (UPI) transaction limits for person-to-merchant (P2M) payments to up to Rs 10 lakh in 24 hours for specified categories, effective from Monday. The move seeks to facilitate larger payments in key sectors and enhance digital adoption in high-value segments. The NPCI maintained the person-to-person (P2P) limit at Rs 1 lakh per day. Earlier users often encountered restrictions, forcing ...Read More >
New Delhi: The National Payments Corporation of India (NPCI) has increased the UPI daily limit for person-to-merchant (P2M) payments to Rs 10 lakh, starting from Monday. This move is aimed at helping people make larger payments through UPI in sectors like insurance, loans, investments, and travel, where higher transaction amounts are often required. The person-to-person (P2P) UPI payment limit remains unchanged at Rs 1 lakh per day. Where Can You Use the Higher Limits? The updated UPI rules n ...Read More >
MUMBAI: Health insurance policyholders are again witnessing sporadic cases of suspension of cashless hospitalization as hospitals and insurers spar over the issue of tariff rates for medical treatments. In a fresh incident, the Association of Healthcare Providers India (AHPI), a body of over 15000 hospitals, threatened to suspend cashless services for Star Health Insurance policyholders from September 22. In turn, the General Insurance Council (the association of non-life insurers) has asked AHP ...Read More >
New Delhi, Sep 13 (SocialNews.XYZ) Public Sector Banks (PSBs) have moved beyond survival and stability and are now ready to play a bigger role in driving India's journey towards 'Viksit Bharat 2047', a top government official said on Saturday. Speaking at 'PSB Manthan 2025', a two-day programme organised by the Department of Financial Services (DFS) in Gurugram, M Nagaraj, Secretary, Financial Services, underlined that PSBs must now aspire for global competitiveness, strengthen governance, and ...Read More >
New Delhi, Sep 13 (PTI) Public sector banks (PSBs) have transitioned from a phase of survival and stability and are now positioned to play a larger role as champions of growth, innovation, and leadership in the journey towards Viksit Bharat 2047, Financial Services Secretary M Nagaraju has said. Addressing the two-day PSB Manthan, which concluded on Saturday, Nagaraju also highlighted the need for PSBs to aspire to global competitiveness, strengthen governance and operational resilience, and ex ...Read More >
New Delhi [India], September 13 (ANI): The Department of Financial Services (DFS), Ministry of Finance, organised PSB Manthan 2025, a two-day programme that concluded on Saturday in Gurugram. The event, chaired by the Secretary of DFS, brought together the senior leadership of Public Sector Banks, along with regulators, industry experts, academicians, technologists, and banking practitioners. Eminent speakers included, Swaminathan J, Deputy Governor, Reserve Bank of India; V Anantha Nageswaran ...Read More >
New Delhi [India], September 12 (ANI): The Professional Golf Tour of India (PGTI) on Friday announced the appointment of former CEO of Niti Aayog and India G20 Sherpa Amitabh Kant as its newest member on the governing body, according to a press release from PGTI. Amitabh Kant is one of India most distinguished bureaucrats and policy architects, known for his transformative contributions to national governance. Amitabh Kant legacy combines grassroots innovation, policy reform, strategic diplomac ...Read More >
Mumbai (Maharashtra) [India], September 3: Zaggle Prepaid Ocean Services Limited (Zaggle), India's leading spend management company announced a partnership with Standard Chartered Bank. Under the partnership, Zaggle will introduce its innovative prepaid card solutions designed to help Standard Chartered's corporate customers to seamlessly manage expenses and enhance control over corporate spending and therefore offer greater convenience to their employees. The prepaid card offering will cater to ...Read More >
NewsVoir Mumbai (Maharashtra) [India], September 3: Zaggle Prepaid Ocean Services Limited (Zaggle), India's leading spend management company announced a partnership with Standard Chartered Bank. Under the partnership, Zaggle will introduce its innovative prepaid card solutions designed to help Standard Chartered's corporate customers to seamlessly manage expenses and enhance control over corporate spending and therefore offer greater convenience to their employees. The prepaid card offering wil ...Read More >
To accelerate modernization of banks worldwide HCL Technologies (HCLTech) today announced a global partnership with Thought Machine, a pioneer in cloud native banking technology, to accelerate the modernization of banks worldwide. The partnership aims to enable banks to rapidly transition from legacy systems and frameworks to intelligent, autonomous financial institutions powered by AI and cloud technologies. Thought Machine's Vault platform next-generation core banking and payments technology ...Read More >
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