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Daily Archives: August 22, 2024

PhonePe's 'Credit Line On UPI' Revolutionizes Digital Transactions

PhonePe’s ‘Credit Line On UPI’ Revolutionizes Digital Transactions

PhonePe on August 22, announced the launch of Credit Line on UPI on its platform. Consumers who avail credit lines from their banks can now link these credit lines to UPI on PhonePe and seamlessly make merchant payments. Benefit of this feature This feature enables consumers to make purchases with ease across millions of merchants …

ISRO's-Space-Programme-Timeline-from-1960s-to-2024

ISRO’s Space Programme: Timeline from 1960s to 2024

The Indian Space Research Organisation (ISRO) has evolved into a leading space agency over the decades. Established in 1962 as Indian National Committee for Space Research (INCOSPAR) and later become Indian Space Research Organization (ISRO) in 1969, ISRO’s journey from its humble beginnings to becoming a global space power is marked by milestones, innovations, and …

Top-10 Nickel Producing Countries in the World

Top-10 Nickel Producing Countries in the World

Nickel is a critical metal used in various industries, including stainless steel production and battery manufacturing. As global demand for nickel rises, several countries have emerged as major producers, each contributing significantly to the market. This article highlights the top 10 nickel-producing countries in the world, detailing their production volumes and key players in the …

President Murmu Gives Away First-Ever Rashtriya Vigyan Puraskar

President Murmu Gives Away First-Ever Rashtriya Vigyan Puraskar

President Droupadi Murmu presided over the first-ever investiture ceremony for the Rashtriya Vigyan Puraskar (National Science Awards). These awards, instituted last year to replace all existing science accolades, mark a new chapter in recognizing scientific excellence in the country. The Prestigious Vigyan Ratna Puraskar Honoring a Lifetime of Scientific Achievement The ceremony’s highlight was the …

Zomato Acquires Paytm's Entertainment Ticketing Business

Zomato Acquires Paytm’s Entertainment Ticketing Business

In a recent development, Zomato has approved the acquisition of Paytm’s entertainment and ticketing business for ₹2,048 crore in a cash deal. This move marks Zomato’s expansion into the broader lifestyle services sector, including dining, movies, sports ticketing, live performances, shopping, and staycations. Meanwhile, Paytm aims to refocus on its core financial services. Market Impact …

Rajesh Nambiar Named NASSCOM President-Designate, Succeeds Ghosh

Rajesh Nambiar Named NASSCOM President-Designate, Succeeds Ghosh

Rajesh Nambiar has been appointed as the president-designate of the National Association of Software and Service Companies (NASSCOM), succeeding Debjani Ghosh, whose tenure concludes in November 2024. Following this appointment, Nambiar has resigned from his role as Chairman and Managing Director of Cognizant India. His extensive industry experience, including leadership roles at TCS, IBM, Ciena, …

NCLT Approves Slice-North East Small Finance Bank Merger

NCLT Approves Slice-North East Small Finance Bank Merger

The National Company Law Tribunal (NCLT) has approved the merger of Slice, a leading fintech company in India, with North East Small Finance Bank (NESFB). This merger, sanctioned by the NCLT’s Guwahati bench, marks a significant step towards enhancing financial inclusion in India, combining Slice’s digital expertise with NESFB’s grassroots banking capabilities. The merger was …

NPCI Launches 'UPI Circle' for Secure Payments Among Trusted Users

NPCI Launches ‘UPI Circle’ for Secure Payments Among Trusted Users

The National Payments Corporation of India (NPCI) has unveiled a new feature called ‘UPI Circle’ on the Unified Payments Interface (UPI) platform, allowing primary UPI account holders to securely delegate payment responsibilities to trusted secondary users. This feature aims to enhance convenience and security in digital transactions by enabling primary users to link their UPI …