from Tech-Economic Times https://ift.tt/pm26ACh
Payment aggregators to approach RBI; IT firms cut variable pay; and ED's loan app probe finds Rs 800 cr crime proceeds
Payment aggregators which are already on the tenterhooks with the Reserve Bank of India’s diktat on lending rules are set to lobby the central bank to ease the guidelines.from Tech-Economic Times https://ift.tt/ZzVJCLk
15 companies in fray to buy gaming firm SMAAASH
Nazara Technologies, which is backed by late billionaire Rakesh Jhunjhunwala’s Rare Enterprises, and the Malpani Group that recently acquired Manmohan Shetty-owned theme park operator Adlabs Entertainment, are the two prominent applicants.from Tech-Economic Times https://ift.tt/91R7HcQ
ED finds 800 crore crime proceeds in fintech, NBFC probe
These lending apps flourished amid the Covid-19 pandemic when many in the blue-collar workforce lost their jobs as the country went into a lockdown. These firms have been under the scanner for more than a year.from Tech-Economic Times https://ift.tt/YwsBaM7
Privacy red flags as Digi Yatra app takes off in beta
A beta version of the project – which intends to reduce wait time at airports - has been launched at the Delhi and Bengaluru airports.from Tech-Economic Times https://ift.tt/Y5qbTAU
Payment aggregators to approach RBI seeking relief
The aggregators and their lobby group Fintech Association for Consumer Empowerment (FACE) are seeking a relaxation of these norms, which jeopardise the business model, according to them.from Tech-Economic Times https://ift.tt/5NwaQM6
ETtech Opinion: Alpha Founders, VC Greed
In India, where the technology startup ecosystem is really only a decade old, with the big slug of VC capital coming post-2014, the lure of repeat entrepreneurs is already starting to be lapped up by Indian VCs.from Tech-Economic Times https://ift.tt/oqsnS7p
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