The Union Cabinet has approved a Rs 1,500 crore incentive scheme to promote UPI transactions under Rs 2,000 for small merchants, effective from April 1, 2024. Small merchants will receive a 0.15% incentive per transaction, with no Merchant Discount Rate.…
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India is not just building digital innovations to empower its citizens but also creating solutions that have the potential to transform global health and development, Bill Gates, Chair and Board Member of the Gates Foundation, said on Wednesday.
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In addition to the planned $200 million PE funding, Inbrew is likely to raise the remaining funding through bank financing, the people said. Deol is seeking to purchase Imperial Blue at an enterprise valuation of $300 million to $400 million.
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Wall Street heavyweight Morgan Stanley is planning to lay off about 2,000 employees later this month, a person familiar with the matter told Reuters on Tuesday.
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Other Indian companies that have been onboarded or are in the process of being onboarded include Tata Group, Motherson Group, Aequs and Bharat Forge.
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The NCLT has approved the resolution plan for Reliance Infrastructure Consulting and Engineers, marking an end to its insolvency process. Investors will recover only 0.09% of their claims. ACME Cleantech Solutions Private Limited will merge with the debt-ridden entity, and…
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