Mobikwik Xtra users hit withdrawal snags as new RBI rules trigger changes

Investors in MobiKwik's P2P lending product, Xtra, are facing difficulties withdrawing funds as the platform restructures its offerings following new RBI regulations. The updates, driven by MobiKwik's NBFC-P2P partner Lendbox,…

Continue ReadingMobikwik Xtra users hit withdrawal snags as new RBI rules trigger changes

Electric vehicle makers no longer need to be subsidised by govt: Gadkari

Union Minister Nitin Gadkari on Thursday said there is no need to provide subsidies to electric vehicle makers as consumers are now choosing EVs or CNG vehicles on their own.Addressing…

Continue ReadingElectric vehicle makers no longer need to be subsidised by govt: Gadkari

Wells Fargo launches Transgender Persons Hiring Program in India

Leading financial services company Wells Fargo on Thursday said it has broadened its talent attraction strategy by launching the Transgender Persons Hiring Program in India, a move that will increase…

Continue ReadingWells Fargo launches Transgender Persons Hiring Program in India

No friction between Centre-states on GST, federal structure should be respected: Nirmala Sitharaman

Union Finance Minister Nirmala Sitharaman on Thursday denied any "friction" in the ties between the Centre and states over Goods and Services Tax and emphasised that the federal structure in…

Continue ReadingNo friction between Centre-states on GST, federal structure should be respected: Nirmala Sitharaman

Amazon expects to surpass $13B in ecommerce exports from India this year

Amazon says it is on track to enable cumulative ecommerce exports worth $13 billion from India by the end of 2024, according to the company’s Export Digest. Amazon’s Global Selling, an…

Continue ReadingAmazon expects to surpass $13B in ecommerce exports from India this year

Aamir Khan, Ranbir Kapoor invest in Xolopak’s pre-IPO round

Sustainable disposable packaging maker Xolopak India on Thursday said it has secured investments from Bollywood celebrities Aamir Khan, Ranbir Kapoor and Karan Johar in a pre-IPO funding round.Additionally, Russell Mehta,…

Continue ReadingAamir Khan, Ranbir Kapoor invest in Xolopak’s pre-IPO round

Meta partners with Telangana govt on e-gov, citizen services using AI tech

Social media giant Meta on Thursday unveiled a two-year partnership with the Telangana government aimed at enhancing e-governance and citizen services using artificial intelligence technologies.According to a release, the strategic…

Continue ReadingMeta partners with Telangana govt on e-gov, citizen services using AI tech