RBI asks Paytm to reapply for payment aggregator licence; needs to comply with FDI guidelines

The central bank has also directed the payment firm not to onboard new online merchant

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China’s iPhone City on edge

The Zhengzhou factory – which reportedly had 120,000 workers in 2012 and more than 200,000 as of this month – is sometimes referred to as iPhone City as it produces the bulk of Apple's iPhones.

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Samsung plans to invest Rs 400 crore at its Tamil Nadu Facility

Samsung to start manufacturing 5G and 4G radio equipment at Kanchipuram.

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Amazon reacts to Labour Ministry's summon, says 'it has not sacked any employee'

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Elon Musk announces 'amnesty' for banned Twitter accounts

The announcement comes as Elon Musk faces pushback that his criteria for content moderation is subject to his personal whim, with reinstatements decided for certain accounts and not others.

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Former Nykaa CFO Arvind Agarwal to take over as chief financial officer of PayU India

Confirming the development, a PayU spokesperson said: “We are excited to welcome Arvind to our leadership team at this opportune time with the company heralding a new growth journey.”

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Amazon faces Black Friday protests, strikes in 40 countries

Employees in the US, UK, India, Japan, Australia, South Africa and across Europe are demanding better wages and working conditions as the cost-of-living crisis deepens, in a campaign dubbed “Make Amazon Pay”.

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