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PayU offers small businesses instant credit access with repayment cycles from 1 week to 1 year

Credit and Finance for MSMEs: The credit amount ranges from Rs 25,000 to several crores with repayment cycles from 1 week to 1 year. The credit will be offered based on merchant’s transaction history. Credit and Finance for MSMEs: Online payments company PayU on Tuesday launched multiple solutions to ease credit and cash flow related challenges …

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Nazara acquires 55% stake in ad tech company Datawrkz

Datawrkz tech offerings will enhance in-house capabilities of Nazara for optimising its customer acquisition spending as well as enhance yields on ad monetisation of its large consumer base. Nazara Technologies Limited has entered an agreement to acquire a 55% stake in programmatic advertising and monetisation company Datawrkz valuing the company up to Rs 225 crore …

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Assembly Elections 2022 Live Updates: AAP to announce CM face today, SP-RLD alliance to announce more candidates

The Aam Aadmi Party will announce its chief ministerial face for Punjab today where elections have been deferred from the scheduled February 14 to February 20. Go to Live Updates The Aam Aadmi Party will announce its chief ministerial face for Punjab today where elections have been deferred from the scheduled February 14 to February …

Exports of oilmeal down 67% in December

The association, which has compiled the export data for December, said 1,70,338 tonne of oilmeal was exported in the month, compared to 5,16,006 tonne in the corresponding period last year. Oilmeal exports fell 67% to 1.7 lakh tonne in December due to a decline in export of soybean and rapeseed meal, according to the Solvent …

Agri-tech start-up DeHaat looks to expand pan-India footprint with focus on smallholder farmers

DeHaat centres aggregates over 30 agricultural crops — cereals, fruits and vegetables — from farmers on their network and directly supplies it to more than 600 bulk buyers. In a bid to expand its outreach among farmers with small holdings, DeHaat, a technology-based start-up that currently provides services from seed to markets to farmers in …

5G spectrum: Trai to review auction payment terms

Trai will also decide if operators need to pay any upfront amount — a portion of total bid amount — or the same would be waived this time. The Telecom Regulatory Authority of India (Trai) will decide whether operators would get a four-year moratorium or longer after upfront payment for fresh spectrum they acquire in …

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CESC Rating: buy : Steady earnings for the firm in Q3FY22

Consolidated PAT up 1.5%; company declared interim dividend of `4.5/sh; ‘Buy’ retained with TP of `120 CESC has reported steady earnings in its consolidated business in Q3FY22. Its revenues were up 15.3% y-o-y to Rs 31.1 bn while PAT increased 1.5% y-o-y to Rs 3.3 bn. On standalone basis, revenues were up 5.1% y-o-y to Rs 18.6 bn while PAT increased 1.1% y-o-y to Rs 1.8 bn. Key factors impacting the consolidated profits during Q3FY22 included: …

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Daily e-way bill generation declines 5.4%

E-way bill generations stood at 3.32 crore in the first 16 days of January with a daily average of 20.7 lakh. The daily e-way bill generation rose 13% on month to 23.1 lakh in December compared with 20.38 lakh in November. Daily e-way bill generation under the goods and services tax (GST) system stood at …

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