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  • News

    PUBG Won't Be Back In India Any Time Soon

    MEITY sources say PUBG Corporation or any new entity in India has not been granted permission to relaunch the game in India The company has also been in talks with many Indian companies to publish the application in India Some Twitter users pointed out that PUBG India Private Limited was now a registered entity with Ministry of Corporate Affairs It seems unlikely for the online multiplayer battle royale...

    • 9 hrs ago
  • Fintech Coverage

    Fino Payments Bank Records Another Profitable Quarter With 2.3x Growth

    Fino's margins have grown 3.4x compared to INR 1.3 Cr profit of Q4 FY2020 Fino Payments Bank posted an 86% increase in its net revenue to INR 689 Cr in FY2020 It has about 5.5 Lakh banking points across India, and plans to expand to 10 Lakh in 3 years Riding on the surge of digital transactions due to the pandemic, Mumbai-based Fino Payments Bank has recorded its third...

    • 11 hrs ago
  • News

    WhiteHat Jr's Attack Against Critics, A Throwback To Arindam Chaudhuri Tactics?

    Careers360 founder Maheshwer Peri believes there is a stark similarity in the ad campaign run by WhiteHat Jr with that of the controversial Indian IIPM ads Technology lawyer and founder of, Mishi Choudhary, says copyright law is used unjustly to curb free speech The interim order by Delhi HC is not a blanket statement and should not stop anyone from...

    • 11 hrs ago
  • Home

    Dream11 Sets The Revenue Pace In India's Fantasy Sports Gaming Market

    India expected to be home to 100 Mn fantasy sports users by the end of 2020 with the likes of Dream11, MPL, HalaPlay leading the charge Dream11 led in terms of revenue generation with INR 801.7 Cr ($112.4 Mn) in FY19, but it did not achieve profitability due to high advertising spends India's fantasy gaming market is expected to grow at a CAGR of 28%, reaching a market...

    • 12 hrs ago
  • News

    Govt Issues Fresh Guidelines For Uber, Ola; Puts Cap On Surge Pricing

    Aggregators will be allowed to charge a fare 50% lower than the base fare and a maximum surge pricing of 1.5 times the base fare Aggregator license can be suspended if there is - 'systemic failure' to ensure the safety of the rider and the driver among other things State governments will have to follow the guidelines issued by the Centre while issuing the license to...

    • 14 hrs ago
  • News

    Paytm Insurance Broking Bags INR 55 Cr In Internal Infusion

    The company has already received INR 21.98 Cr from One97 Communications Paytm Insurance Broking received a brokerage license earlier this year Paytm Insurance Broking now offers insurance in four categories Noida-based digital payments giant One97 Communications has infused INR 55 Cr into its digital insurance arm Paytm Insurance. Of this, the company has already received INR 21.98 Cr...

    • 16 hrs ago
  • News

    Exclusive: Chumbak Secures Funding From Gaja Capital Fund

    Chumbak has raised the funds by issuing 1,475 Pre-Series E CCPS at a face value of INR 100 per share Last year the company had raised INR 70 Cr in a Series D round Recently, Chumbak made its makeover by launching its new logo Bengaluru-based lifestyle brand Chumbak has raised INR 7.39 Cr in a Pre- Series E round from Gaja Capital Fund (GCFII-A). According to filings with the Ministry...

    • 17 hrs ago
  • News

    Not Every Development An Event For Disclosure: Future Retail Tells Amazon

    FRL has accused Amazon of adopting a media strategy of having every development reported Amazon says it doesn't share confidential information with the media and reserves their right to communicate with regulators On Thursday, SIAC turned down Future Retail's plea that it be excluded from being a party to the Amazon-Future Coupons arbitration proceedings The...

    • 17 hrs ago
  • Home

    Amazon Pay, Paytm, PhonePe Onboarded As New Shareholders In NPCI

    With the latest expansion, the total shareholder entities for NPCI has reached 67 Besides from new-age entities, NPCI has also added Standard Chartered Bank Ltd., Dhanlaxmi Bank Ltd. and IDFC First Bank Ltd. as its shareholders As per the shareholding pattern, Union Bank of India, Bank of Baroda and Punjab National Bank hold the highest stake with 9.15% In a move to diversify and...

    • 20 hrs ago
  • Home

    Google India FY20 Revenue Rises 35% To INR 5,593 Cr, Profit Up 24%

    Google India's total expenses rose 30.4% to INR 4,455.5 Cr in FY20 from INR 3,416.5 Cr in 2018-19 Google's net profit was higher by about 23.9% at INR 586.2 Cr in FY20 as compared to INR 472.8 Cr in the preceding fiscal Tech giant Google saw its India revenues grow 34.8% to about INR 5,593.8 Cr in 2019-20 over the previous financial year, as per regulatory documents. ...

    • 21 hrs ago