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Aditya Birla Group plans to sell 15-20% Stake in Idea Payments Bank

The payments bank, in which group companies Idea Cellular and Aditya Birla Nuvo own 51% and 49%, respectively, will use the money to expand it’s Aoperations.

April 20, 2018  |  comments ( 0 )  | 

Aditya Birla Idea Payments Bank Gets Nod From RBI To Start Operations

The trend of payments bank was first started by telecom major Bharti Airtel in November 2016 and the Aditya Birla group-promoted firm is the latest to join the bandwagon.

February 23, 2018  |  comments ( 0 )  | 

Future Group In Talks To Acquire Grocery Retailer FoodWorld Supermarkets

The supermarket chain was started nearly two decades ago as a division of Spencer & Co. part of the RPG Group, but became a separate company in 1999.

January 22, 2018  |  comments ( 0 )  | 

Paytm Payment Bank Looks For Partnerships With Full Fledged Lenders

Reserve Bank of India (RBI)allows these banks to tie up with full-service lenders as a banking correspondent, whereby they can channel business they cannot do

January 10, 2018  |  comments ( 0 )  | 

Instant Messaging App Hike To Allow Cab Bookings And Bill Payment

Company launched its wallet in June and claims it has recorded 10 million transactions since then

December 23, 2017  |  comments ( 0 )  | 

Paytm Bank Bags Fund Of Rs 122 Crore

Paytm Payments Bank reported a loss of over Rs 30 crore at the end of financial year 2017

November 23, 2017  |  comments ( 0 )  | 

Akash Gupta Mobikwik Vice President Marketing Steps Down

Gupta has also worked with companies like Airtel, Dell and Snapdeal

November 09, 2017  |  comments ( 0 )  | 

Apple Revenue Doubled In India Year Over Year

Apple's performance in India has been of keen interest to the investors and analysts looking for future growth potential for the company

November 04, 2017  |  comments ( 0 )  | 

Apple and OnePlus become first and second rank smartphones

Samsung disputed the agency data saying that the share of phones sold in the market was highest amongst competition

October 31, 2017  |  comments ( 0 )  | 

Paytm targets 500 billion users by 2020

To get the initial set of users on board it will give cashbacks to the first one million account holders

May 23, 2017  |  comments ( 0 )  | 

Walmart to open 50 stores in UP and Uttarakhand in next 3-4 years

Walmart is looking at two more stores in Lucknow in addition to Ghaziabad, Noida, Kanpur, Allahabad, Haridwar, Dehradun and Haldwani.

March 27, 2017  |  comments ( 0 )  | 

Amazon made the most offers at IIM Ahmedabad placement process for 2017

More than 100 firms participated in the placement process in 2017. Amazon made the most offers at the end of the process with 18 offers.

March 14, 2017  |  comments ( 0 )  | 

Spencer's Retail adds Airtel Payments Bank to make convenient digital payments

Airtel Payments Bank said that its customers will enjoy 10% cashback on all digital payments for shopping at Spencer’s outlets adding great value to convenience of

March 07, 2017  |  comments ( 0 )  | 

Connaizen raises undisclosed amount from former Citigroup head

Connaizen, which was launched in April 2015, provides targeted marketing solutions to merchants through its collaboration with financial institutions.

February 15, 2017  |  comments ( 0 )  | 

Spencer's set to launch its private apparel brand 2BMe

Spencer's post six months of consistent positive Ebitda with revenue per square foot touching Rs 1,741, which Goenka claimed is way higher than the industry best.

February 14, 2017  |  comments ( 0 )  |