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Angel_Tax

90 start-ups to get relief from Angel Tax, thanks to Central Board of Direct...

The Central Board of Direct Taxes (CBDT) has given a written assurance to 90 start-ups and registered them registered them for Startup India Action...
facebook

Facebook fiasco: Social media giant confesses storing passwords in plain text

Social Media giant Facebook once again became a part of major controversy after it admitted storing millions of passwords in plain text on its...

NBFCs

RBI

RBI relaxes bank lending norms for well-rated NBFCs

In a bid to maintain risk weights on bank lending, the Reserve Bank of India (RBI) has eased norms for Non-Banking Financial Companies (NBFCs). This...

Agri NBFC Samunnati raises $5 million from Dutch Development Bank, FMO

Samunnati, a Chennai based Agri-Non Banking Financial Company (NBFC) has raised $5 million from Dutch Development Bank, FMO. FMO, the development bank of the Netherlands...

Digital Payments

Walmart invests Rs 763 crore in PhonePe to compete with Amazon,...

Flipkart’s payment subsidiary PhonePe has received a sum of Rs 763 crore from Walmart to stay ahead of its competitors and sustain in India's...

PayNearby introduces BharatQR across its 2 lakh merchant network

India’s leading digital fintech brand PayNearby has introduced BharatQR across its 2 lakh merchant network.This is the second significant launch performed by the company...

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