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Paytm FY20 revenue rises to Rs 3,629 crore on increased transactions

Paytm FY20 revenue rises to Rs 3,629 crore on increased transactions

Digital financial services firm Paytm on Friday said its revenue for fiscal year ended March 31, increased to Rs 3,629 crore supported by increase in number of transactions across various segments and point of sale devices.

The home-grown financial technology firm said its losses have narrowed by 40 per cent on a year-on-year basis.

Indian Army officer injured in encounter in J-K's Baramulla district

Indian Army officer injured in encounter in J-K's Baramulla district

An army officer was injured in an encounter with militants in Baramulla district of Jammu and Kashmir on Friday, police said.

Security forces launched a cordon and search operation at Yedipora in Pattan area of Baramulla district in north Kashmir following specific information about the presence of militants, a police officer said.

Telangana: ACB files case against 9 accused for swindling Rs govt's 6.5 cr

Telangana: ACB files case against 9 accused for swindling Rs govt's 6.5 cr

The Anti-Corruption Bureau registered a case against nine persons, including three government officials, in connection with a case connected to misappropriating approximately Rs 6.5 crore government money in the Insurance Medical Services (IMS).

The ACB registered a case on Thursday against Dr Devika Rani, former director, IMS, Dr Kalakuntla Padma and Dr Kurapati Vasantha Indira, former Assistant. director, IMS, among others under the provisions of the Prevention of Corruption Act and IPC.

Gold price today at Rs 54,110 per 10 gm, silver trends at Rs 65,600 a kg

Gold price today at Rs 54,110 per 10 gm, silver trends at Rs 65,600 a kg

Gold prices today fell to 54,110 from Rs 54,600 per 10 gram a day before, while silver declined to Rs 65,600 from Rs 67,200 per kg, according to Good Returns website.

Gold jewellery prices vary across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making charges.

Facebook bans BJP politician Raja Singh for his post containing hate speech

Facebook bans BJP politician Raja Singh for his post containing hate speech

Under pressure for weeks over its handling of hate speech, Facebook on Thursday said it has banned BJP politician T Raja Singh from its platform and Instagram for violating its policy on content promoting violence and hate.

We have banned Raja Singh from Facebook for violating our policy prohibiting those that promote or engage in violence and hate from having a presence on our platform, a Facebook spokesperson said in an emailed statement.

Infosys buys US product design firm Kaleidoscope Innovation for $42 million

Infosys buys US product design firm Kaleidoscope Innovation for $42 million

Global software major Infosys on Thursday announced it has acquired US-based product design firm Kaleidoscope Innovation for $42 million (Rs 309 crore) to expand its engineering service offerings in medical devices, consumer and industrial markets across America.

Our subsidiary Infosys Nova Holdings has signed an agreement to acquire 100 per cent equity capital of Kaleidoscope for $42 million, said the city-based $13-billion IT major in a statement from Ohio's Cincinnati in the US midwest.

US cuts remaining dues payment to WHO after Donald Trump pulls out

US cuts remaining dues payment to WHO after Donald Trump pulls out

The Trump administration has said it won't pay more than USD 60 million in dues it owes to the World Health Organisation and will use the money instead to pay down other contributions to the United Nations.

The announcement on Wednesday came just a day after the White House announced the US would not participate in a WHO-run project to develop and distribute a COVID-19 vaccine.

Tata Motors domestic sales up 21.6% YoY in August to 35,420 units

Tata Motors domestic sales up 21.6% YoY in August to 35,420 units

Led by brisk growth in its passenger vehicle (PV) models, Tata Motors' total domestic sales rose 21.6 per cent to 35,420 units in August over the year-ago period.

Albeit on a low base, dispatches of cars and utility vehicles at the firm jumped 154 per cent in August over the year-ago period.

FM Sitharaman to hold review meeting with banks, NBFCs on loan recast

FM Sitharaman to hold review meeting with banks, NBFCs on loan recast

Finance Minister Nirmala Sitharaman will meet with heads of banks and NBFCs on Thursday to review the implementation of the loan recast for resolution of COVID-19 related stress.

The review (meeting) will focus on enabling businesses and households to avail of the revival framework on the basis of viability, necessary steps like finalising bank policies and identifying borrowers, and discussing issues that require addressing for smooth and speedy implementation, the Finance Ministry had said earlier this week.

How can police let AIIMS post-mortem decide murder or suicide without Sushant's body? Subramanian Swamy asks

How can police let AIIMS post-mortem decide murder or suicide without Sushant's body? Subramanian Swamy asks

Subramanian Swamy has questioned police officials in Sushant Singh Rajput's death case. He wondered out loud how could the police officials brief the media that AIIMS post-mortem would decided whether Sushant Singh Rajput died by murder or suicide, when they don't even have the late actor's body.

Swamy compared Sushant's case to Sunanda Pushkar's high-profile death case. He said that like Sunanda's case, one cannot declare if there was murder or suicide, without actually having the body. The BJP MP however added that the report can show if Dr. Cooper Hospital doctors tampered with the reports.

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