Zomato Ventures into Payment Aggregation with RBI’s Nod: A Comprehensive Overview
Introduction to Zomato’s Payment Aggregation Ascent Zomato, a prominent player in the food delivery sector, has marked a significant milestone in its business expansion. The company recently announced that the Reserve Bank of India (RBI) has authorized Zomato Payments Private Limited (ZPPL), a wholly-owned subsidiary, to function as a payment aggregator. This move not only […]
Read MoreRBI Deputy Governor Emphasizes Need for Improved Customer Grievance Redressal in Banks
Overview of RBI’s Concerns M Rajeshwar Rao, the Deputy Governor of the Reserve Bank of India (RBI), has raised significant concerns regarding the banking sector’s focus on customer acquisition over grievance redressal. During his address at the Fibac summit, organized by Ficci and IBA, Rao criticized the banks for their inadequate attention to customer grievances. […]
Read MoreFabian Biz India: Redefining the B2B Grocery Landscape
The journey of Fabian Biz India exemplifies a tale of innovation, dedication, and transformation, setting benchmarks in the B2B grocery sector. Co-founded by Irfan Ahmed and Ramsik, this venture reflects the amalgamation of their expertise and their collective vision to reshape grocery retail in India. Educational Roots: Laying the Groundwork Genesis: The Conception of Fabian […]
Read MoreNavigating the US Treasury Bonds and Gold Market: A Guide for Investors
In recent times, the US financial landscape has witnessed remarkable changes, especially in the US Treasury bond yields. As investors grapple with the effects of these changes, the question remains: Should one invest in US Treasury bonds or gold? 1. A Look at the US Treasury Bond Yields A Historical Surge October observed an unprecedented […]
Read MoreGPT Healthcare’s Journey Towards a Second IPO Attempt
GPT Healthcare, based out of Kolkata, has recently made headlines by refiling its draft red herring prospectus for an IPO with the capital markets regulator, Sebi. This move comes two years after the firm’s initial filing. A significant shift in this new filing reveals BanyanTree Growth Capital II LLC’s intention to exit its stakes. Let’s […]
Read MoreISpA and GIFAS MoU: A New Dawn in India-French Space Collaboration
India-French Space Collaboration Highlights Area Highlights Purpose Enhance business opportunity awareness in the space industry MoU Focus Areas Sustainable growth, innovation, technology adoption Educational Initiatives Mutual academic exchanges and training Key Speakers S Somanath (ISRO), Lt Gen AK Bhatt (ISpA), Thomas Pesquet (ESA), Cédric Post (GIFAS) Previous Collaborations Gaganyaan initiative, ISRO’s Venus mission ISpA and […]
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