The RBI has filed a caveat in the Bombay High Court over Tata Sons’ mandated listing, seeking to ensure it is heard before any court order on a potential challenge. The move follows the central bank’s rejection of Tata Sons’…
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NPCI will introduce a Merchant Discount Rate on select P2M UPI transactions starting October 15. Merchants will pay 0.4% on transactions exceeding Rs 2,000, with a cap. This move aims to create a sustainable commercial model for the UPI ecosystem.…
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With over 20 years of experience in privatebanking and wealth management, Papneja worked as the Chief Executive Officer atJulius Baer India. He will succeed Apurva Sahijwani, who currently leads Avendus Wealth Management, as theManaging Director and CEO, following his appointment…
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Orkla India is setting ambitious targets for growth over the next five years, with a focus on premium products and health-conscious offerings as key drivers. The company plans to leverage quick commerce and explore acquisitions to bolster its presence. Aiming…
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In the coming days, a committee will review UPI transaction charges for merchants exceeding the two thousand rupee mark. This review aims to balance self-sustainability with the goal of expanding the UPI market. Notably, transactions of two thousand rupees or…
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India’s market regulator has unveiled a plan to modify the derivatives expiry-day settlement rules. These changes are intended to mitigate volatility and bring clarity to the options market. The proposals include two methods for calculating settlement prices: one utilizing trade…
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