Number of UPI apps grows in 2024, yet top two command maximum market share

In 2024, the National Payments Corporation of India (NPCI) approved 20 third-party Unified Payments Interface (UPI) applications, a record since UPI’s launch in 2016. This surge reflects......

M&A Sees Sharp Decline in 2023

Bankers said the outlook of M&As in India in 2024, especially in the second half after the Lok Sabha election, seems relatively better. Illustration: Uttam Ghosh/Rediff.com   Merger and......

Aditya Birla Nuvo in talks with PE investors

Aditya Birla Nuvo is in talks with global private equity players Blackstone, Carlyle and KKR to sell shareholding in its proposed holding firm for its financial services business. The financial......

Aditya Birla taps PE firms for BPO arm

The diversified Aditya Birla Group is looking to unlock value for its BPO-IT business, Aditya Birla Minacs. According to two independent sources in the know, the group is exploring the possibility......