Paytm will absorb Rs 600 crore in MDR (Merchant Discount Rate) charged annually by banks and other charges. It will then use this amount to support MSMEs amid the ongoing COVID-19 pandemic

The project awarded by the government is of 325km, and is touted to generate employment for about 90,000 professionals - engineers, technicians, designers and architects - as well as unskilled workers.

Eight other pairs of trains under the North Central Railway zone managed to clock 130kmph on November 25.

As per the shareholding pattern disclosed by NPCI, Union Bank of India, Bank of Baroda and Punjab National Bank hold the highest stake with 9.15 per cent each, whereas Canara Bank holds 8.14 per cent share

Sectors that have shown a surge in hiring in September and October are e-commerce, telecom, Banking, financial services and insurance (BFSI), data analytics and consulting, IT services, renewable energy and hospitality

If an entity has more than 26 per cent FDI, the company will have to share the details with the IB ministry in one month from now, and take necessary steps to bring it down to 26 per cent by October 15, 2021

NPCI, which owns and operates the UPI payment system, is like a regulator for retail payments. ICBC is among 131 investors offered shares in NPCI though it is yet to subscribe to its quota

China's five largest state-owned banks reported their biggest profit falls in at least a decade and an increase in soured loans when announcing their half-year results on Sunday and last week

Trimming of stake comes hot on wheels of ongoing India-China tension and calls for boycott of Chinese products and investment. Experts also believe trimming of stake could have been done to avoid public glare in wake of souring India-China relations

It comes at a time when supply chains and sales of automakers have been negatively hit by the coronavirus pandemic

Sales from China used to account for 25% to 30% of JLR's global sales, but over the past two months make up 50%

A spokesperson for Anil Ambani said the matter pertains to an alleged personal guarantee for a corporate loan availed by Reliance Communications Limited (RCom) in 2012 for global refinancing

It's not surprising then that there has been a hue and cry ever since HDFC announced that People's Bank of China raised its 0.8 pc stake to over 1 pc, requiring a declaration to the stock exchanges

Case pertains to a loan worth $925 million given to Ambani's now bankrupt Reliance Communications in February 2012; RCom repaid a portion of the loan, but defaulted on its payment obligations in February 2017

Share price of Reliance Capital was locked in the 5 per cent upper circuit at Rs 11.90 on the BSE. In the last three trading sessions, the stock of the NBFC firm has hit upper circuit limit of 5 per cent

The UK High Court stated Anil Ambani's defence is inexplicably incomplete, implausible and highly unlikely and will be shown to be opportunistic and false at trial

China Development Bank, LIC and SBI have the highest exposure in the dues.

For the first time Pakistan has disclosed that it has taken a total debt of USD 6.5 billion from China in the current financial year, which is equal to 75 per cent of the total foreign loans of USD 8.6 billion the cash-strapped country received during the period