Payment News

Small cap company operating in the Agriculture sector Kaveri Seed Company Ltd on Monday informed shareholders the payment date for dividend. Earlier, the company approved an interim dividend of 250% i.e. Rs 5/- per equity share of Rs 2/- each for ...

India has built a world-class digital public infrastructure which is transforming lives and economy and can be a lesson for many countries to follow, an IMF Working Paper said. India Stack is the collective name of a set of commonly used ...

Capital markets regulator Sebi on Tuesday discontinued the option of payment through demand draft for intermediaries and asked them to pay fees and penalties only through digital mode. The new rule will come into force from April 1, the Securities and ...

Late Payment Surcharge 2022 Rules is facilitating receivables reduction for independent power producers, according to India Ratings and Research (Ind-Ra). India Ratings and Research (Ind-Ra) said the implementation of the LPS Rules 2022 issued by the Ministry of Power on June ...

Inox Green Energy Services, a subsidiary of Inox Wind, has collected Rs 333 crore from anchor investors. The funds were raised a day before its initial share-sale that opened for public subscription on Friday. The issue will conclude on November 15. ...

Suitors have raised concerns over the bidding process, including the introduction of 'challenge mechanism', as the resolution process of debt-ridden Reliance Capital Ltd (RCL) enters the final stage. According to sources, the decision of the Committee of Creditors (CoC) to introduce ...

As digitalization in India is growing with time, people are embracing digital services. In the past 2-3 years, the UPI has witnessed rapid growth, all thanks to digitalisation. The use of digital services to do any banking tasks gets a major ...