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⿻ 186 results found.

 
Title
Description
Date
PhonePe Data Gives A Peek Into Digital Payment Trends
What comes to mind when you think of digital payments? Someone cruising through big city traffic, juggling applications on their smartphone, paying their electricity bill and while making evening plans?
2021-09-03
09:42 PM
Bitcoin Briefly Tops $50,000 Level for First Time Since Mid-May
(Bloomberg) -- Bitcoin is closing in on the closely watched $50,000 level again in an ongoing recovery in the cryptocurrency market from a disorderly rout just three months ago. The largest virtual coin advanced as much as 3. (BTC )
2021-08-22
08:18 PM
Crypto Adoption By Individuals Growing Fastest In India, Vietnam
(Bloomberg) -- Global crypto adoption among ordinary investors has surged in the past year, according to crypto-analysis firm Chainalysis.
2021-08-18
06:15 AM
$2 Billion And Counting-Fundraising By Fintech Firms Surges In 2021
Indian fintech firms have raised over $2 billion (Rs 15,000 crore) in the first six months of 2021, according to KPMG's Pulse of Fintech H121 report released on Wednesday. The fund-raising in the first half of 2021 nearly matched the money raised during all of 2020, the report said.
2021-08-12
07:54 PM
Share Market Live: SGX Nifty Hints At A Positive Start; Tata Steel, BPCL, Eicher Motors, Hero MotoCorp, Ashok Leyland In Focus
Cummins India, CESC, Bata, HEG, CreditAccess may react as the companies reported quarterly results after the market closed Wednesday. Tata Steel, BPCL, Hero, Eicher Motors, Ashok Leyland, Page, Aurobindo Pharma, Bharat Forge are among the companies scheduled to report earnings Thursday. MRF, Page Industries, Cummins, CSB Bank, Bata, Equitas Small are holding their annual shareholders' meeting. (BTA )
2021-08-11
08:54 PM
Share Market Live: SGX Nifty Suggests Positive Start; Cadila, Siemens, Lupin, ITC, Zomato In Focus
Power Grid, Lupin, Siemens, Trent, Zomato, IRB, Godrej Agrovet, Prestige Estates may react as the companies reported quarterly results after the market closed Tuesday. Cadila, Pidilite, Cummins, India Cements, Bata, CESC are among the companies scheduled to report earnings Wednesday. ITC, Cadila, Pidilite, Lupin, Metropolis, Karur Vysya, Redington are holding their annual shareholders' meeting. (BTA )
2021-08-10
08:55 PM
BharatPe Raises $370 Million At $2.85-Billion Valuation
Digital payments firm BharatPe, on Wednesday, said it raised $370 million (Rs 2,775 crore) from investors at a valuation of $2.85 billion (Rs 21,375 crore).
2021-08-03
09:30 PM
e-RUPI: Soon-To-Be-Launched e-RUPI May Help Plug Leakages In Subsidy Transfers
India's latest digital payment solution, e-RUPI, may become the preferred mode for direct benefit transfers as it could help avoid leakages in subsidy transfers. The e-RUPI will be launched by Prime Minister Narendra Modi on Monday.
2021-08-02
02:18 AM
E-Rupi To Usher In Person-Specific, Purpose-Specific Digital Payments
The e-Rupi, to be launched by Prime Minister Narendra Modi on Aug. 2, will allow for small-ticket person-specific and purpose-specific payments via digital vouchers. These vouchers can be generated by the government or corporates via banking partners and redeemed by beneficiaries via a QR-code or an SMS-based mobile identifier.
2021-07-31
10:54 PM
Crypto News: India Said To Probe Binance In Betting App Laundering Probe
India's anti-money laundering agency is examining if Binance Holdings Ltd. had a role to play in an ongoing investigation involving betting apps, according to people with knowledge of the matter.
2021-07-30
02:09 AM
UPI Credit: A No-Man's-Land Of Banking In Digital India
Digital lending may be a boon for financial inclusion but it's also been a regulatory bane. The Reserve Bank of India is still struggling to weed out fraudulent loan apps. That task is only getting tougher. Some fintech firms have been offering credit via Unified Payments Interface, allowing customers to borrow instantly by just scanning a QR code. While the facility is fast gaining acceptance, UPI credit operates in a regulatory grey area.
2021-07-27
07:52 PM
Central Bank Digital Currency: RBI Working Towards Phased Implementation Strategy
The Reserve Bank of India may conduct pilot projects for retail and wholesale central bank digital currencies in the near future, Deputy Governor T Rabi Sankar said on Thursday.
2021-07-22
07:24 AM
Mobikwik Files Draft Prospectus For Rs 1,900-Crore IPO
Digital payments firm Mobikwik has filed a draft red herring prospectus ahead of its initial public offering.
2021-07-12
10:45 AM
China Crypto Clampdown Sends Bitcoin Closer To Key $30,000 Level
Bitcoin's slide toward $30,000 amid China's continued cryptocurrency crackdown is stoking fears of a deeper selloff. Bitcoin fell as much as 4.3% and was trading at about $32,240 as of 9:08 a.m. in Hong Kong. Second-ranked Ether slipped 4. (BTC )
2021-06-22
02:40 AM
Bitcoin Falls To Two-Week Low As China Cracks Down On Crypto
(Bloomberg) -- Bitcoin fell to a two-week low amid an intensifying cryptocurrency crackdown in China. The largest virtual currency fell 10% to $32,350 as of 8:50 a.m. in New York. Ether declined 13% to $1,950. (BTC )
2021-06-21
07:43 AM
Paytm To Ask Shareholder Nod For $1.6 Billion Sale Of New Stock In IPO
Digital payments startup Paytm will ask for shareholder permission to sell about $1.6 billion in new stock as part of what's set to be India's largest-ever initial public offering.
2021-06-18
05:08 AM
Government Reviewing Key Parts Of Cryptocurrency Bill-BQ Exclusive
The central government is reviewing key parts of a legislation that would have effectively banned cryptocurrencies in India. The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 was listed for introduction in the Budget Session of Parliament but was never introduced.
2021-06-15
08:00 PM
WazirX Gets Show Cause Notice From Enforcement Directorate
WazirX, one of India's largest cryptocurrency exchanges, has been issued a show cause notice by the Enforcement Directorate.
2021-06-11
01:24 AM
Bata India Share Price Surges Most In 14 Months After Q4 Results
Shares of Bata India Ltd. gained the most in 14 months as analysts expect the footwear maker to regain lost sales momentum once schools, malls and offices reopen after the Covid-19 lockdowns lift. (BTA )
2021-06-10
12:51 AM
Share Markets Live: SGX Nifty Climbs Amid Positive Asia Trade; SAIL, TCS, Prestige Estates, Tata Motors In Focus
Bata India may react as the company reported quarterly results after the market closed Wednesday. SAIL, Century Plyboards are among the companies scheduled to report earnings Thursday. TCS holding its annual shareholders' meeting. Foreign investors bought net Rs 3,840 crore of stocks on Tuesday, according to the NSDL website. (BTA )
2021-06-09
08:09 PM
Stock Markets Live: SGX Nifty Slips As Asian Stocks Edge Lower; GAIL, Bata, TeamLease In Focus
Petronet LNG, Max Financial, Prestige Estates, Engineers India may react as the companies reported quarterly results after the market closed Tuesday. GAIL India, Bata, TeamLease Services are among the companies scheduled to report earnings Wednesday. Foreign investorsboughtnet 1.61b rupees of stocks on June 7, according to NSDL website. (BTA )
2021-06-08
08:21 PM
Stocks To Watch: Glenmark Pharma, Max Financial, Tata Power, Petronet LNG, Prestige Estates, Bata, GAIL
Equity benchmarks Sensex and Nifty ended marginally lower yesterday following losses in index majors Reliance Industries Ltd, ICICI Bank and HDFC twins. The S&P BSE Sensex fell 0.1% at 52,275.57, while NSE Nifty 50 Index declined slightly to 15,740.10. (BTA )
2021-06-08
07:21 PM
One Crypto Exchange Is Going To Extreme Lengths On Cybersecurity
There's an organization where children of employees have to sign nondisclosure agreements before attending company parties-the only exception is for kids who haven't yet learned to write-and where a parent had to explain to his 8-year-old that she couldn't exchange Pokmo
2021-06-08
01:33 AM
Investors Cheer After RBI Clarifies Crypto Trading Isn't Banned
The Reserve Bank of India's clarification that cryptocurrency trading isn't banned in the country is a welcome relief for a community facing push-back from traditional lenders needed to help settle these deals.
2021-06-01
12:09 AM
RBI Guides Banks On Due Diligence For Crypto Dealings Of Customers
The Reserve Bank of India has guided banks to continue doing due diligence on any crypto currency related dealings of their customers. The regulator has, however, said a 2018 circular from the RBI, that was set aside by the Supreme Court in March last year, cannot be cited as a reason to curb customer dealings in these tokens.
2021-05-31
07:07 AM
Patym IPO: Is Vijay Shekhar Sharma's Paytm IPO-Ready?
Digital payments provider Paytm is mulling a $3-billion initial public offering, the largest ever in India, Bloomberg News reported on Thursday. The Vijay Shekhar Sharma-led startup may tap the Indian capital markets close to the festival season this year, the report said. Is the 12-year-old PayTM ready to go public?
2021-05-27
10:06 PM
Paytm IPO: Paytm Targets $3 Billion IPO in What Would Be India's Largest Debut
(Bloomberg) -- Paytm, India's leading digital payments provider, is aiming to raise about 218 billion rupees ($3 billion) in an initial public offering late this year, according to a person familiar with the deal, in what could be the country's largest debut ever.
2021-05-27
01:17 AM
Bitcoin Pushes Past $40,000 As Cryptos Bounce Back From Selloff
Bitcoin rallied toward the $40,000 level as cryptocurrencies recover some of the ground lost in this month's volatile rout. The largest digital token climbed as much as 5.2% to $39,588, while the Bloomberg Galaxy Crypto Index advanced 8% as rivals like Ether also gained. (BTC )
2021-05-26
04:25 AM
Alert! Crypto Scams May Be On The Rise
As more Indians start investing in cryptocurrencies, many of them young, reports of frauds are starting to rise. From fake giveaways to bogus initial coin offerings and identity thefts, fraudsters are trying every ploy in the book to fleece new-to-crypto investors.
2021-05-25
07:48 PM
Asian Stocks Steady Amid Easing Inflation Fears: Markets Wrap
(Bloomberg) -- Asian stocks are set to open higher Tuesday after technology shares led gains in the U.S. as investors put inflation worries on the backburner for now. Bitcoin surged after a weekend rout. Futures pointed higher in Japan, Australia and Hong Kong. (BTC )
2021-05-24
06:24 PM
Stocks, U.S. Futures Steady; Cryptos Extend Swings: Markets Wrap
Asian stocks and U.S. equity futures made a steady start early Monday as traders weighed the volatile slump in cryptocurrencies and the inflation outlook.
2021-05-23
06:24 PM
Fresh Crypto Investments In India At Near Halt As Banks Cut Ties
Rajat Raut, a 26-year old doctor from Beed in Maharashtra, hasn't been able to deposit funds into his cryptocurrency wallet for the past three days. With deposits not working, Raut is unable to make any fresh investments.
2021-05-10
07:51 PM
Cash Is Still King Despite Digital Payments Gaining Traction In India: RBI Survey
Cash remained the most preferred mode of transactions even as digital payments gathered pace in a country of more than a billion people, according to a pilot survey by the Reserve Bank of India.
2021-04-26
08:42 AM
Rakesh Jhunjhunwala's Views On IT Stocks, Cryptocurrencies And More
The veteran stockpicker spoke to BloombergQuint's Niraj Shah on a wide range of topics at the Shri Ram Economic Summit 2021, organised by students of the Shri Ram College of Commerce in Delhi.
2021-04-25
07:36 PM
Tiger Global Makes $25 Million Bet on Indian Crypto Exchange CoinSwitch Kuber
Tiger Global Management invested $25 million in cryptocurrency exchange CoinSwitch Kuber, making its foray into the fast-growing digital currency market in India.
2021-04-22
07:21 PM
Dalal & Broacha's Milind Karmarkar Picks Top Bets Among Platform Players
One of the biggest opportunities for platform businesses in India lie in the fintech segment. That's according to Milind Karmarkar, head-research at Dalal & Broacha Stock Broking Pvt. The fintech sector could be predominantly driven by digital platforms into lending to small and medium businesses and supply-chain financing as they are in the developing phase.
2021-04-19
07:48 PM
Coinbase Tops $100 Billion Value in Landmark for Cryptocurrency
Cryptocurrency exchange Coinbase Global Inc. reached a valuation of $105 billion in its trading debut Wednesday, as Bitcoin hit a record high and investors bet on digital currencies going mainstream. The company's shares climbed as high as $405. (BTC )
2021-04-14
11:51 AM
Mobikwik, Security Researchers Lock Horns On Possible Data Breach
Digital payments company Mobikwik has denied claims made by ethical hackers that vast amount of consumer data has been leaked onto the dark web due to a breach in its systems.
2021-03-29
11:42 PM
Fintech: 'Wagons' Of India's Digital Banking Rush, API Developers Draw Investors
Have you recently made an online payment, borrowed from a lending app, checked your credit score, invested in mutual funds online, or claimed credit card rewards? If so, you too have consumed a service powered by an application programming interface, the coding pipes that help connect fintech platforms with legacy systems, such as banks, non-banking financial companies, card companies, credit information agencies, and asset management companies.
2021-03-27
10:18 PM
Tesla Starts Accepting Bitcoin as Payment for Cars, Musk Says
(Bloomberg) -- Elon Musk says in a series of tweets that Bitcoin paid to the company will be retained as the cryptocurrency and not converted into fiat currency. (BTC )
2021-03-24
01:20 AM
Startup Street: Just Three Sectors Took Home 75% Of Venture Capital Funding In 2020
Consumer technology, software as a service and fintech were the red hot sectors in India's startup ecosystem cornering almost three-fourths of venture capital funding.
2021-03-20
11:24 PM
Thinkpad: #TIL
Happy Sunday.TIL, or today I learnt for those who still believe in full sentences, is one of the few useful phrases in the urban dictionary. Particularly so if you are trying to stay up to speed with all that's going on in the crypto economy.
2021-03-20
10:06 PM
Tap-To-Phone: The Newest Way To Take Digital Payments To Small Merchants
As banks and payment operators look to reach the smallest of merchants across India, mobile point-of-sale or soft PoS card transactions are emerging as a possible new option. Technologies ranging from QR codes to UPI-based payments and now mobile PoS are being used to bring mom and pop stores, the last remaining bastion of cash transactions, into the digital payments fold.
2021-03-17
08:15 PM
Bitcoin. Stablecoin. CBDC. Who Changed My Money?
Cryptocurrencies are increasingly being seen as a store of value, Neha Narula said in a conversation with BloombergQuint. We have really seen a lot more use cases develop for what cryptocurrency can do and we've seen it embraced at almost the highest levels, said Narula, adding that data on the precise manner in which cryptocurrencies are being used is still thin. (BTC )
2021-03-16
07:42 PM
Stocks To Watch: Tata Communications, JSPL, PFC, MTAR Technologies
Asian markets are mixed this morning with benchmarks in Japan advancing while those in Australia edging lower. South Korean markets are fluctuating.Oil prices rose, treasury yields crossed the 1.6% mark while Bitcoin trades lower after making a new all-time high of over $61,000 on Saturday. (BTC )
2021-03-14
07:15 PM
Digital Payments Face Hiccup As SMS Scrubbing Delays OTP Deliveries
A new piece of technology meant to scrub text messages caused severe problems for digital payments on Monday, with banks and financial technology firms reporting transaction failures due to delays in receiving one-time passwords.
2021-03-08
08:15 AM
Bitcoin Dips After Gensler Says SEC Must Root Out Crypto Fraud
(Bloomberg) -- Cryptocurrency enthusiasts exhibited a bit of nerves during Tuesday's Senate confirmation hearing for Gary Gensler, the nominee for chairman of the U.S. Securities and Exchange Commission. (BTC )
2021-03-02
06:27 PM
RBI Calls Digital Currencies A Mixed Blessing
The Reserve Bank of India sees a central bank-backed digital currency as a mixed blessing-such virtual tokens that can take away low-costs deposits from banks with implications on the economy, while increasing financial inclusion and transparency.
2021-02-26
06:24 AM
RBI Toughens Digital Payment Security Norms For Lenders
The Reserve Bank of India has asked scheduled commercial banks, payments banks, small finance banks, as well as card issuing non-bank lenders to adopt more stringent security measures for digital payments.
2021-02-18
10:03 PM
Should Cryptocurrencies Be Banned? Here's What People Think...
India plans a law to ban cryptocurrencies even as Bitcoin and other digital tokens are gaining acceptance elsewhere in the world. Here's what people have to say... (BTC )
2021-02-16
12:06 AM

  

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