Paycraft forays into UAE, to step in Africa soon
The Hindu
Fintech firm Paycraft said it has gone global by setting up operations in UAE and would soon foray into Africa to service its clients in the region.Ravi Jain, co-founder said, “The expertise gained ov
Fintech firm Paycraft said it has gone global by setting up operations in UAE and would soon foray into Africa to service its clients in the region.
Ravi Jain, co-founder said, “The expertise gained over the years while servicing leading banks in India helps us to develop customised solutions which solves various pain points for clients across the globe. We are working closely with various fintech’s/payment service providers in UAE to power unique payment solutions in the region.”
The firm is looking to expand its existing footprint in the Gulf Region by partnering with various issuers to provide solutions to help users with small ticket size payments both online and offline for bus and metro services along with retail payments.
Equity indices Sensex and Nifty close lower due to auto stocks, foreign fund outflows, and global market concerns.
Rupee falls against dollar on Friday due to foreign fund outflows, U.S. dollar index recovery, and weak domestic markets.
India's HVAC&R industry is booming, with AC market doubling to 15 million units, driven by sustainability and government support.
HSBC reports rapid growth in India's private sector activity, with services leading the way, indicating economic expansion.
Kerala Chief Minister Pinarayi Vijayan highlights investor-friendly initiatives and growth in investment potential at Invest Kerala Global Summit.
Equity indices decline due to foreign fund outflows, weak US markets, and tariff threats, impacting Sensex and Nifty.
Rupee expected to trade negatively due to weak equities, but cushioned by crude oil prices; influenced by RBI minutes.
S&P Global upgrades Kotak Mahindra Bank's credit rating to 'BBB' after RBI lifts operational curbs, positioning bank for growth.
Adani Green withdraws from Sri Lanka wind farm project amid tariff dispute, government open to future collaboration.
Government extends Chief Economic Adviser V. Anantha Nageswaran's tenure until March 2027, following approval by Appointments Committee of the Cabinet.
Skoda Auto Volkswagen India faces $1.4 billion tax demand for allegedly misclassifying imports, customs department warns legal action.
Benchmark indices Sensex and Nifty decline for third day due to tariff threats, weak Asian markets, and foreign fund outflows.
Rupee strengthens against the dollar, supported by weakening American currency, amid global economic uncertainties and foreign fund outflows.