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NHRC Seeks Report From Delhi Government Over Alleged Overcharging By Cab Aggregators

India, Aug. 10 -- The National Human Rights Commission (NHRC) has sought a report from the Delhi government over allegations that app-based cab and auto aggregators are charging commuters more than th... Read More


Apple Pay Likely To Launch In India By October: Report

India, Aug. 10 -- Apple Pay is likely to launch in India by late September or October, giving the iPhone maker a foothold in the country's lucrative premium credit-card market. According to a Busines... Read More


Bernstein's Bullish Outlook Sends Paytm To Fresh 52-Week High

India, Aug. 10 -- Shares of fintech major Paytm rallied as much as 10.67% during intraday trade on BSE today to hit a fresh 52-week high of Rs.1,594.80. The stock eased slightly from the intraday hig... Read More


AUM Ventures Marks First Close Of Rs.750 Cr Deeptech-Focused Fund At Rs.225 Cr

India, Aug. 10 -- Deeptech focused early-stage VC firm AUM Ventures has marked the first close of its India Innovation Fund II at Rs.225 Cr (about $23.6 Mn). The fund has a target corpus of Rs.750 Cr... Read More


[Update] Now, Finance Ministry Rules Out Consumer UPI Charges Amid MDR Debate

India, Aug. 8 -- Update | August 8, 21:16 ISST Addressing concerns over merchant discount rates (MDR) on UPI, the finance ministry categorically clarified that consumers will not be charged for makin... Read More


Payments Council Rules Out Consumer MDR; PhonePe & Razorpay Back Free UPI

India, Aug. 8 -- The Payments Council of India (PCI) has clarified that UPI payments will remain free for consumers amid growing speculation over the possible reintroduction of the merchant discount r... Read More


Knya FY26: Revenue Crosses Rs.100 Cr Mark, PAT Jumps 3X YoY

India, Aug. 8 -- Omnichannel medical apparel brand Knya saw its profit after tax (PAT) more than triple to Rs.10 Cr in the fiscal year 2025-26 (FY26) from Rs.3 Cr a fiscal earlier. This profit surge c... Read More


Centre Seeks Technical Changes From Meta To Tackle Deepfakes, Child Abuse Material

India, Aug. 8 -- The Centre's discussions with Meta have moved into a technical phase after two days of intensive questioning over deepfakes, child sexual abuse material (CSAM), unlabelled AI-generate... Read More


Swiggy, Zomato, Zepto May Face EV Mandate, 2% Welfare Levy In Maharashtra

India, Aug. 8 -- New-age tech consumer tech companies like Swiggy, Zomato, Zepto, and Meesho could face higher costs in Maharashtra as the state plans to bring food delivery and ecommerce platforms un... Read More


RBI Bars Lenders From Locking Borrowers' Devices Except For Gadget Loans

India, Aug. 7 -- The RBI has barred banks and other regulated entities (REs) from disabling or restricting borrowers' mobile phones, tablets or laptops as a loan recovery measure, except where the loa... Read More