Digital payments to merchants in India rise 19 pc in June: Report
Digital payments to merchants in India grew nearly 19 per cent year-on-year (YoY) in June to Rs 9,10,000 crore (Rs 9.1 trillion), a new report said on Wednesday.
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Apcotex appoints Vivek Thakur as CFO
Apcotex has appointed Vivek Thakur as its Chief Financial Officer, effective July 30, 2025, succeeding Sachin Karwa. Thakur brings over 24 years of experience, including over 13 years in the chemicals sector, and was most recently CFO at Visen Industries.
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Schneider Electric to buy remaining stake in India business for $6.4 billion
Schneider Electric is set to acquire the remaining 35% stake in its Indian joint venture from Temasek for a substantial 5.5 billion euros. This acquisition will grant Schneider Electric full ownership of Schneider Electric India, streamlining decision-making processes for its…
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India exporters steel themselves as tariff clock ticks down
Indian exporters were bracing Wednesday for higher US tariffs to kick in as prospects dim for an interim trade deal between New Delhi and Washington before the August 1 deadline. While lower than the 26 percent reciprocal tariffs Washington previously…
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Ola Electric held talks on potential high-yield debt financing: Sources
Ola Electric, facing a significant share decline and past crises like scooter fires, has reportedly engaged in preliminary discussions with lenders to secure approximately 10 billion rupees ($116 million) through high-yield debt. The funds are primarily intended for working capital,…
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India should replicate smartphone export success across industries: Amitabh Kant
India must replicate its success in becoming a major smartphone exporter in 10 other manufacturing sectors by partnering with global companies and becoming an integral part of the worldwide supply chains, said Amitabh Kant, Non-Executive Director on the Board of…
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