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RBI pauses onboarding of online merchants by Paytm Payments Services

RBI pauses onboarding of online merchants by Paytm Payments Services

Banking regulator RBI has put a pause on onboarding of online merchants by Paytm Payments Services, even as the company said it will have no material impact on its business, according to a regulatory filing.

One97 Communications (OCL), which owns the Paytm brand, had proposed to transfer the payment aggregator services business undertaken by it to Paytm Payments Services (PPSL) in December 2020 to comply with payment aggregator (PA) guidelines of the Reserve Bank of India (RBI) but the banking regulator had rejected its application.

Twitter will launch gold, grey checks besides blue tick: Elon Musk

Twitter will launch gold, grey checks besides blue tick: Elon Musk

Twitter's account verification program is finally set to launch next week.

CEO Elon Musk, took to the microblogging site to make the announcement. "Sorry for the delay, we're tentatively launching Verified on Friday next week." he posted.

Gujarat becomes first state to get Jio True 5G across all districts

Gujarat becomes first state to get Jio True 5G across all districts

Reliance Jio on Friday said Gujarat has become the first state to get 'True 5G' in each of the 33 district headquarters.

With this, Jio 'True 5G' is now present in 10 cities/regions in India (including Delhi-NCR).

As a model state, Jio will launch a series of True 5G-powered initiatives across education.

PVR Cinemas opens first ever IMAX superplex at Lulu Mall in Kerala

PVR Cinemas opens first ever IMAX superplex at Lulu Mall in Kerala

Film exhibition company PVR Cinemas has opened Kerala's first ever IMAX along with a 12-screen superplex at Lulu Mall in the state capital here.

The cinemas, which will be opened to the public from December 5, was formally inaugurated jointly by the Chairman and Managing Director of PVR Limited, Ajay Bijli, Chairman and Managing Director of LuLu Group International, M A Yusuff Ali and the Joint Managing Director of PVR Limited, Sanjeev Kumar Bijli, on Thursday evening.

L&T gains 3% in two days, hits record high on strong order prospects

L&T gains 3% in two days, hits record high on strong order prospects

Shares of Larsen & Toubro (L&T) gained 1 per cent and hit an all-time high of Rs 2,079.60 on the BSE in Friday’s intra-day trade on strong order prospects. The stock of the engineering & construction company has surpassed its previous high of Rs 2,078.20, touched on January 18, 2022. In comparison, the S&P BSE Sensex was down 0.06 per cent at 62,238, at 09:30 am.

In the past two trading days, L&T has gained 3 per cent after the company won an order worth Rs 1,000-2,500 crore from Greenko Group, one of the world's leading renewable energy companies, for development of an off stream pumped storage project in Madhya Pradesh.

Delhi Metro to start double-line movement on Grey Line section today

Delhi Metro to start double-line movement on Grey Line section today

Delhi Metro will run trains on both up and down lines with automated signalling system in the Grey Line section between Najafgfarh and Dhansa Bus Stand from Friday onwards, officials said.

Till now, services on this section were being operated through single line on manual mode, a DMRC official said on Thursday.

No employee was sacked, all resignations were voluntary: Amazon India

No employee was sacked, all resignations were voluntary: Amazon India

Amazon India has reportedly told the labour ministry that it has not sacked any employee and has only let go of those who accepted the severance package and opted for separation on their own, a report in the Economic Times (ET) said.

This came in response to a petition filed by the Pune-based employee union, Nascent Information Technology Employees Senate (NITES) with labour minister Bhupender Yadav.

Greater Noida authority cancels land allotment of Parsvnath developer

Greater Noida authority cancels land allotment of Parsvnath developer

The Greater Noida Authority has cancelled the allotment of two land parcels of the Parsvnath developers over dues of about Rs 281 crore.

The authority has taken this action for non-deposit of the outstanding amount of nearly Rs 281 crore on both the land plots and non-completion of both the projects.

The authority will take possession of these two land plots and allot them through a new scheme.

This election is about deciding Gujarat's fate for next 25 years: PM Modi

This election is about deciding Gujarat's fate for next 25 years: PM Modi

Prime Minister Narendra Modi on Thursday said the upcoming Assembly election in Gujarat is all about deciding the state's destiny for the next 25 years.

Addressing a poll rally in Palanpur town of Banaskantha district in support of the Bharatiya Janata Party candidates, Modi said though many developmental works have been carried out so far by the ruling BJP in Gujarat and the Centre, time has come to take a "giant leap".

Air India rolls out new grooming guidelines; use of hair gel, shave must

Air India rolls out new grooming guidelines; use of hair gel, shave must

Tata-owned Air India (AI) has released latest grooming guidelines for all its crew members while giving clear instructions about the 'No More Chalta Hai'culture.

Air India issued a circular of over 40 pages regarding the revised image and uniform guidelines, which clearly mentions criterions for both male and female crew members.

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