Adani Enterprises to launch maiden Rs 800 crore retail bond issue on September 4

Ahmedabad, Aug 29 (IANS) Adani Enterprises Limited (AEL) on Thursday announced the launch of its maiden public non-convertible debenture (NCD) issue on September 4, with plans to raise up to Rs 800 crore. The offering will include up to 80,00,000 secured, listed and redeemable NCDs, each with a face value of Rs 1,000. The base […]
UPI transactions likely to touch 100 billion mark in next 10 years: NPCI chief

Mumbai, Aug 29 (IANS) The country’s Unified Payments Interface (UPI) has the potential to touch 100 billion transactions in the next 10-15 years backed by credit growth, according to Dilip Asbe, CEO of National Payments Corporation of India (NPCI). “We are looking at 100 billion transactions in the next 10-15 years which is a fairly […]
Indian crypto exchange CoinSwitch sues WazirX to recover stuck funds

New Delhi, Aug 29 (IANS) Indian cryptocurrency exchange CoinSwitch has sued rival platform WazirX, saying they are taking legal action to recover the funds stuck on Nischal Shetty-run crypto platform. Ashish Singhal-run CoinSwitch said it has been over a month since WazirX, a major crypto exchange operating in India, claimed that a cyber attack on […]
PhonePe launches PG Bolt to revolutionise in-app payments for merchants

New Delhi, Aug 29 (IANS) PhonePe Payment Gateway on Thursday announced the launch of PhonePe PG Bolt — a groundbreaking solution that empowers merchants by offering the fastest in-app payment experience to customers with a 99 per cent success rate. PhonePe PG Bolt offers a 1-second transaction time with the widest reach for registered PhonePe […]
Sensex trades flat amid negative global cues

Mumbai, Aug 29 (IANS) Indian equity indices opened flat on Thursday due to negative cues from Asian and US markets. At 9.40 a.m., Sensex was at 81,816, up 31 points and Nifty was up 19 points at 25,071. During the early trading hour, the Overall market trend remains positive. On the National Stock Exchange (NSE), […]
NARZO is the new Turbo: realme teases next in NARZO Series

New Delhi, Aug 29 (IANS) In the fast-changing world of technology, smartphones have undergone a remarkable transformation. evolving from simple communication devices into indispensable, pocket-sized powerhouses. Over the past decade, these gadgets have transcended their basic calling and texting functions to become our go-to devices for photography, gaming, work, and entertainment. This dramatic shift has […]
Rs 11,000 cr worth shares offloaded in Indigo block deal, Rakesh Gangwal likely seller

Mumbai, Aug 29 (IANS) Shares of budget carrier Indigo marginally fell in the morning trade on Thursday after a block deal where at least 2.3 crore shares of the aviation major exchanged hands in a deal worth Rs 11,000 crore at a floor price of Rs 4,760 apiece. Nearly 6 per cent stake in InterGlobe […]
US, Seoul markets down over Nvidia’s underwhelming earnings result

Seoul, Aug 29 (IANS) South Korean shares dropped more than 1 per cent after opening on Thursday, taking a cue from Wall Street losses prompted by an underwhelming earnings result by global artificial intelligence (AI) chip giant Nvidia. The benchmark Korea Composite Stock Price Index (KOSPI) fell 31.62 points, or 1.18 per cent, to 2,658.21 […]
World’s first 6th gen DRAM chip developed in South Korea

Seoul, Aug 29 (IANS) SK hynix, the world’s second-largest memory chip maker, said on Thursday it has developed the world’s first 16 gigabyte DDR5 chip using the sixth generation of the 10 nanometer chipmaking technology. According to SK hynix, the new product comes with an improvement in cost competitiveness when compared with the previous generation […]
‘Golfer’ Rakul Preet Singh says ‘Bahar jao , khelo koodu’

Mumbai, Aug 29 (IANS) On the occasion of National Sports Day, actress Rakul Preet Singh revealed that her favourite sport is golf and urged all to go out and play. Rakul took to Instagram, where she is seen hitting balls at a golf course. The clip features the actress playing golf in several picturesque courses. […]