CityMall, which is backed by investors like Accel, Elevation Capital and General Catalyst, raised $75 million in March. Three months later, the company fired about 191 employees to adapt to the changing macroeconomic environment.
This follows a formal request from digital payments firm PhonePe to defer the January 2023 deadline by at least three years, they said. Google Pay has also had consultations with NPCI regarding an extension, a person briefed on the matter said.
Only 14 per cent of consumers in India would use 10-minute delivery platforms to get print-outs delivered at home, a report said on Monday, as Zomato-owned Blinkit recently started printout on demand service in the country.
Tech billionaire Elon Musk on Monday announced that Starlink, the satellite Internet division of his rocket company, is now active on all the continents, including Antarctica.
Samsung and Intel have been locked in a fierce rivalry for many years. In 2017, Samsung surpassed Intel as the world's biggest chipmaker by revenue for the first time, and it maintained the spot for two years in a row. Intel overtook Samsung in 2019 and remained at the top until 2020, before it was beaten by Samsung again last year.
Teachers, educators, counsellors, and administrative staff have also received a similar offer, the people said requesting anonymity.
The MPAI, an association that represents merchants, has requested the Reserve Bank of India (RBI) to plug issues around recurring payments through tokens before giving effect to the no-card storage rule, three people familiar with the development told ET.