PB Pay Private Limited will be a non-banking finance company (NBFC) which will venture into the payment aggregation business, catering to both domestic and cross-border markets, subject to approval from the Reserve Bank of India (RBI)
PB Fintech, the promoter of Policy Bazaar, on Wednesday said its board has approved the incorporation of a wholly-owned subsidiary to carry on the business of payment aggregator. The subsidiary called 'PB Pay Private Limited' would carry on the business of payment aggregator' domestic and/or cross border or both, as may be permitted by the Reserve Bank of India, by facilitating merchants with offline and/or digital payment acceptance infrastructure or both, the company said in a regulatory...
Following Social Relief of Distress compensation on Good Friday, SASSA has confirmed details about the remaining long-weekend grant payments.
The Ministry of Industry, Trade, and Investment has directed applicants of the Presidential Conditional Grant Scheme to submit their National Identification Numbers as part of the necessary requirements to obtain a grant earmarked to cushion the effect that recent economic reforms have had on businesses in the country. The government through the Bank of Industry Read More
(The Center Square) – The Illinois Criminal Justice Information Authority recently authorized a $19 million grant for police forces to procure "less-lethal" tools. This was intended to give officers alternatives to guns so that they can pacify situations that might otherwise end in violence. ICJIA awarded the grant to Illinois Law Enforcement Alarm System to distribute. It appears the main beneficiary has been a single company: Axon, the makers of Taser. Retired...
ELMIRA, N.Y. (WETM) - Mayor Dan Mandell says the City of Elmira plans to reapply for another 10-million-dollar state grant to revitalize the Southside. Earlier this month, Governor Hochul announced she awarded the money from the "Downtown Revitalization Initiative" to other communities in the Southern Tier. "I was obviously disappointed. I thought we had a []
Canadian payments technology company Nuvei said on Sunday it was evaluating proposals that would take the company private, after reports said that private equity firm Advent International was in advanced talks to buy the company. Nuvei, which has received financial backing from actor Ryan Reynolds, said its board has formed a special committee to evaluate expressions of interest in the company, including a going-private deal, and any other strategic alternatives. The Wall Street Journal first...
Russian oil companies are experiencing payment delays for crude oil and fuel of up to several months. According to Reuters, this is due to several banks in China, Turkey, and the UAE being afraid of secondary sanctions. However, experts suggest that the situation is not critical. Eight sources cited by Reuters reported that payments for […]
German broadcaster ProSiebenSat.1 has asked shareholders to vote against top investor MediaForEurope (MFE)’s plans to split the company. Controlled by the family of the late former Italian Prime Mini
Paytm is in favor of ex-ante regulations as long as it only applies to large digital companies with a critical number of users and revenue.
PPL reported a 7% YoY increase in payouts in Q1 Source
The Union government refused to assure that no citizenship will be granted under the Act while the matter is being heard by the court.