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Pine Labs enters online payments with three products under one platform

Pine Labs enters online payments with three products under one platform

Pine Labs, a leading merchant commerce platform, launched Plural on Thursday, marking its entry into the online payments space. Backed by years of strong technological capabilities, the company said it now aims to reinvent the space through a suite of online payment products focused on speed, security, and user experience.

The firm said Plural is expected to disrupt the payments gateway space and make the offline-to-online transition easier for Pine Labs’ merchant base and other online businesses looking to tie-up with a company with a good track record in the payments ecosystem.

Covid-19: TCS to encourage employees to return to offices by CY21 end

Covid-19: TCS to encourage employees to return to offices by CY21 end

IT major TCS will encourage employees to join offices by the end of calendar year 2021.

At present, about 5 per cent of the IT major's associates are working from offices.

Towards the end of CY'21, we will encourage our associates to return to offices, at least initially, before we switch to the '25/25' model.

Adani Group takes over Thiruvananthapuram International Airport

Adani Group takes over Thiruvananthapuram International Airport

The Adani Group has taken over the operation, management and development of the international airport in Thiruvananthapuram, saying it is now a Gateway to Goodness.

Announcing the formal takeover of the airport, the business giant said in a tweet that it was privileged to serve and welcome passengers to God's Own Country.

Mindtree shares zoom nearly 12 pc to 52-week high after Q2 earnings

Mindtree shares zoom nearly 12 pc to 52-week high after Q2 earnings

Shares of IT firm Mindtree jumped nearly 12 per cent on Thursday after the company posted a 57.2 per cent increase in net profit for the second quarter ended September 2021.

The stock opened in the green and jumped 11.92 per cent to a 52-week high of Rs 4,883.40 on the BSE.

At the NSE, it zoomed 11.91 per cent to its 52-week high of Rs 4,884.

Wipro shares climb nearly 8% post Q2 earnings

Wipro shares climb nearly 8% post Q2 earnings

Shares of IT company Wipro on Thursday zoomed nearly 8 per cent after it posted a 17 per cent jump in consolidated net profit for the quarter ended on September 30, 2021.

The stock jumped 7.59 per cent to its 52-week high of Rs 723.65 on BSE.

On NSE, it gained 7.62 per cent to its 52-week high of Rs 723.90.

Gold price today at Rs 47,290 per 10 gm, silver selling at Rs 62,100 a kg

Gold price today at Rs 47,290 per 10 gm, silver selling at Rs 62,100 a kg

Ten gram of 24-carat gold was on Thursday selling at Rs 47,290 up by Rs 260 from trading yesterday. Silver was at Rs 62,100 per kg, according to the Good Returns website.

Gold jewellery price varies across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making changes.

Shriram Housing Fin gets Rs 300-crore equity capital from parent firm

Shriram Housing Fin gets Rs 300-crore equity capital from parent firm

To oil its fast-paced expansion and the resultant expansion of its loan book, affordable segment-focused Shriram Housing Finance has secured an additional Rs 300 crore equity capital from the parent Shriram City Union Finance, taking its total equity capital to about Rs 1,100 crore.

The company has set a target of crossing Rs 5,600 crore of assets under management (AUM) target by March, as it had already crossed the Rs 4,000-crore mark in July and the new growth capital will help it expand the balance sheet faster.

Invesco says it facilitated tie-up talks between India's Reliance and Zee

Invesco says it facilitated tie-up talks between India's Reliance and Zee

Invesco said on Wednesday it facilitated talks between India's Reliance Industries and Zee Entertainment earlier this year on a possible merger, revealing for the first time that India's richest man, Mukesh Ambani, was interested in the television giant.

But the U.S. investment firm rejected allegations from Zee that it was using double standards in objecting to a merger of Zee and Sony Group's India unit with terms similar to those discussed with Reliance.

Biz2Credit plans to invest $100 million in India over next 5 years

Biz2Credit plans to invest $100 million in India over next 5 years

Fintech firm Biz2Credit plans to invest USD 100 million in India over the next 5 years on research and development as well as expanding operations.

The company is also planning to strengthen its technology team by adding over 150 new employees in 2021 across various positions, including entry, mid- and senior-level positions.

Bayer CropScience okays sale of traded seeds biz to Crystal Crop Protection

Bayer CropScience okays sale of traded seeds biz to Crystal Crop Protection

Bayer CropScience Ltd on Wednesday approved sale of its traded seeds business, along with property in Telangana, to Crystal Crop Protection Ltd for Rs 62 crore.

In a regulatory filing, the company said its board of directors has approved the sale of its traded seeds business related to cotton, millet, mustard and sorghum crops along with real estate property owned by the company at Patancheru, Telangana, to Crystal Crop Protection on a slump sale basis for a total consideration of Rs 62 crore.

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