The Economic Time
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Paytm says RBI diktat may lead to Rs 500-crore hit on annual earnings
Paytm expects a hit on its Ebitda after the Reserve Bank of India halted its banking business. Paytm will continue its merchant payment business...
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RBI’s major blow to Paytm; IT fresher hiring at record low
The Reserve Bank of India dealt Patym a severe blow, barring the listed fintech’s payment bank from offering banking services after February. This...
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Apple set for modest iPhone sales growth, China worries remain
Wall Street expects the company's latest flagship iPhone 15 to face stiff competition from Samsung's new Galaxy S24 packed with generative...
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PB Fintech to consider returning capital to shareholders: Yashish Dahiya
A formal decision in this regard, however, will be made only after discussions with the board and consent from shareholders, he added.
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Apple tops Indian smartphone market by revenue in 2023: Report
According to a report from Counterpoint Research, Apple's revenue share stood at 23% last year, despite capturing just around 6.5% market share by...
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Infosys inks seven-year deal with Irish food company Musgrave
As part of the collaboration, Infosys will automate Musgrave’s IT operations by utilising AI and cloud offerings. It will use Infosys Topaz - an...
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RBI bars Paytm from offering banking services effective February 29
The Reserve Bank of India, in a notification issued on Wednesday, has barred Paytm from offering all basic payment services, including Unified...
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MS Dhoni-backed Garuda Aerospace launches Droni consumer drone
Garuda Aerospace, a company in which cricketer Mahendra Singh Dhoni has invested, said the Droni drones are also launched on the social handles of...
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GM to cut spending by $1 billion on robotaxi unit Cruise in 2024
General Motors is cutting spending by about $1 billion on its troubled robotaxi unit Cruise in 2024. Last week, Cruise disclosed probes by the U.S....
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AI officer is the hot new job that pays over $1 million
Businesses are now scrambling to appoint AI leaders, with some metaverse executives reinventing themselves as AI experts. Compensation packages for...