Amazon Pay, the fintech arm of e-commerce major Amazon, is the latest to get the coveted payment aggregator (PA) license from the Reserve Bank of India (RBI). The regulator on February 20 gave its go ahead to the payments app to carry out business as payment aggregator, which will allow it to facilitate ecommerce transactions through its app.

India is the most promising growth market for Skoda Auto and the country will play a crucial role in the company's international expansion, the Czech automobile firm's global CEO Klaus Zellmer said on Tuesday. In a virtual address, Zellmer talked about the company's roadmap for India and said Skoda will enter the compact SUV segment in India in a year and also launch its electric vehicle.

India's market regulator has asked the country's asset managers to give investors more information about the risks associated with their small and mid-cap funds, according to a fund manager and two people with knowledge of the matter. Small and mid-sized funds have seen high inflows, causing concern among authorities about how they would hold up in the event of a sharp market selloff.

The outlook for Go First is uncertain as both prospective buyers have submitted proposals with payments linked to the resolution of a lawsuit against engine manufacturer Pratt & Whitney. Also, according to information sourced by CNBC-TV18, the upfront payment in the proposals is reportedly insufficient to cover the costs of insolvency resolution.

Warren Buffett-led Berkshire Hathaway crept closer to a $1 trillion market value on Monday, a milestone that would put it among a rarefied list of American businesses, after it posted its second straight record annual profit. The 93-year-old investing legend assured shareholders that the investment conglomerate, which is now the biggest financial firm by market capitalization, was 'built to last'.

Four housing development authorities in the state have been pulled up for delaying the delivery of the affordable houses.The authorities governing Hapur-Pilkhuwa, Unnao-Shuklaganj, Kanpur and Ghaziabad have been asked to expedite work on creating the housing units which have been approved by the central sanctioning and monitoring committee (CSMC).

Listed real estate developer Godrej Properties has been declared the highest bidder for a 6.45-acre group housing plot in Noida for a total bid value of Rs 506 crore, an official of the Noida Authority told Moneycontrol. The Mumbai-based developer will develop residential group housing on the land parcel located in Noida Sector 44.

Exicom Tele-Systems Rs 429-crore public offer was fully subscribed within minutes of opening on February 27, receiving a strong response from all sets of investors. Several brokerages, too, have advised subscribing to the EV charger manufacturer’s issue, citing reasonable valuation, expansion plans, reduction of debt and positive EV industry outlook.

The National Pension System (NPS) offers an easy, cost-effective, and tax-efficient method for retirement savings. Your contributions are overseen by fund managers registered with the Pension Fund Regulatory and Development Authority (PFRDA). Currently, there are ten pension fund managers in the country, comprising seven private companies and three government-owned entities.

With the recent NSSO survey 2022-23 showing a sizable fall in food consumption expenses in the monthly per capita expenditure (MPCE), Commerce Minister Piyush Goyal said that the data augurs well for the household consumption basket. “Reducing share of food expenses augurs well in the consumption basket,” Goyal said. The commerce minister was speaking at an event on the theme of "Viksit Bharat".

Bitcoin hit a two-year high on February 27 on signs of large players buying the cryptocurrency, fueled by a Monday disclosure from crypto investor and software firm MicroStrategy that it had recently purchased about 3,000 bitcoins for an outlay of $155 million. Bitcoin has rallied more than 10 percent in two sessions. Here are the factors behind the original cryptocurrency rally.

By Elvira Pollina and Paul SandleMILAN/LONDON (Reuters) - Vodafone will likely hold a minority stake in a combined entity with Swisscom's Italian unit Fastweb if a deal is reached on a potential tie-up of their Italian operations, three people familiar with the matter said. Vodafone's Chief Executive Margherita Della Valle said earlier this month the British group was in "active discussions".

Shares of One97 Communication, the parent firm of Paytm, rose 5% to touch the upper circuit of Rs 449.50 from the previous close of Rs 428.10. However, the shares came off the highs to Rs 427.90. The surge in the company’s share came after Vijay Shekhar Sharma stepped down from the position of Chairman. “OCL (One97 Communication Limited) withdraws its nominee from the Paytm Payments Bank Board.

The Noida Authority has floated a scheme for 25 commercial plots in 11 different sectors of the city. The cumulative reserve price of these plots is pegged at Rs 105.5 crore, officials aware of the matter said. They said that the last date of the registration for the scheme is March 7 and these plots will be allotted though e-auction. These plots range from 18 square metres (sqm) to 316 sqm.

Reported Consolidated quarterly numbers for Jindal Poly Films are: Net Sales at Rs 983.76 crore in December 2023 up 10.95% from Rs. 886.65 crore in December 2022. Quarterly Net Loss at Rs. 19.43 crore in December 2023 up 79.89% from Rs. 96.63 crore in December 2022. EBITDA stands at Rs. 96.77 crore in December 2023 up 1468.74% from Rs. 7.07 crore in December 2022.