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No Proposal To Make UPI Payments Chargeable: RBI Governor

India, Oct. 1 -- Reserve Bank of India (RBI) governor Sanjay Malhotra today reiterated that there is no proposal before the central bank to make UPI payments chargeable. "Is there going to be charges... Read More


Zepto To Raise $400 Mn At $7 Bn Valuation

India, Oct. 1 -- Quick commerce major Zepto is planning to raise around $400 Mn (about INR 3,500 Cr) at a valuation of $7 Bn, with US pension fund Calpers leading the round, according to sources. Othe... Read More


Eternal Allots ESOPs Worth INR 211 Cr To Employees

India, Oct. 1 -- Amid a bull run for its share prices, Eternal, the parent company of Zomato and Blinkit, has allotted 64.1 Lakh stock options under its employee stock options programme (ESOP). Based ... Read More


Eternal Allots ESOPs Worth INR 221 Cr To Employees

India, Oct. 1 -- Amid a bull run for its share prices, Eternal, the parent company of Zomato and Blinkit, has allotted 64.1 Lakh stock options under its employee stock options programme (ESOP). Based ... Read More


Q3 Funding Check, Will Zoho's Arattai Stick & More

India, Oct. 1 -- Startup Funding Takes A Sharp Fall In Q3 The Indian startup ecosystem hit a sobering reality check in Q3 2025. Funding numbers nosedived 38% YoY to $2.1 Bn as just 1 mega deal materi... Read More


BNPL Startup Simpl Lays Off 80 Employees After RBI Whiplash

India, Oct. 1 -- In the wake of RBI clampdown, buy now pay later (BNPL) startup Simpl has laid off around 80 employees. While the layoffs happened across functions, the sales and marketing team were t... Read More


Abhishek, Aishwarya Rai Bachchan Sue YouTube Over Deepfake Videos

India, Oct. 1 -- Amid increasing deepfake incidents, actors Abhishek Bachchan and Aishwarya Rai Bachchan have reportedly moved the Delhi High Court (HC) separately against streaming giant YouTube to p... Read More


VBAP Holdings Offloads Awfis Shares Worth INR 57 Cr

India, Oct. 1 -- Awfis' pre-IPO investor VBAP Holdings offloaded the coworking space provider's shares worth INR 56.8 Cr in a block deal yesterday. The investor sold 9.96 Lakh shares at INR 570.12 api... Read More


UPI Transactions Dip 2.5% To 19.6 Bn In September

India, Oct. 1 -- After touching a fresh all-time high in August, the number of UPI transactions declined 2.5% to 19.6 Bn in September from 20.1 Bn in August. On a YoY basis, the number of transaction... Read More


Govt Monitoring Ecommerce Platform For GST 2.0 Compliance

India, Oct. 1 -- The government is reportedly monitoring ecommerce platforms to ensure the recent goods and services tax (GST) rate cuts are passed on to the end customers. Sources told news agency P... Read More