Axis Bank eyes 50,000 NFC-powered POS machines by 2015-end

Last Updated: Sunday, August 16, 2015, 20:21

Private lender Axis Bank has said a fifth of its point of sales (POS) machines will be NFC-enabled by the end of this year, which will help users pay at shops without going through the tedious process of swiping and entering a PIN.

Citrus Payment guns for $4 bn GMV strike rate in FY16

Last Updated: Sunday, August 16, 2015, 20:10

Sequoia Capital-backed Citrus Payment Solutions, which operates online checkout and payment solution Citrus Pay, is looking to double its gross merchandise value (GMV) run rate to about USD 4 billion by the end of the fiscal.

Housing.Com acquires HomeBuy360 for $2 million

Last Updated: Sunday, August 16, 2015, 15:36

With this acquisition, Housing.Com is now the only online real estate listing platform to own a developer CRM company.

Rdio adds 500 live radio stations on its music streaming app

Last Updated: Thursday, August 13, 2015, 13:15

Online music streaming service Rdio has introduced support for nearly 500 live broadcast stations from all over the US.

Resale price pacts in online retail space under probe: CCI

Last Updated: Wednesday, August 12, 2015, 18:02

Keeping a close watch on the growing e-commerce market, fair trade regulator CCI is probing whether certain resale price arrangements between manufacturers and e-retailers violate competition norms.

Everyone has a right to express views: Jaitley on Parliament logjam

Last Updated: Wednesday, August 12, 2015, 15:48

Debunking criticism of India Inc of launching an online signature campaign for proper functioning of Parliament, Finance Minister Arun Jaitley on Wednesday said people, students, and industrialists have right to express their views.

India Inc joins 17,000-strong online plea to end Parliament logjam

Last Updated: Wednesday, August 12, 2015, 14:15

'Disheartened' by the continuing disruptions in Parliament, top industrialists including Rahul Bajaj, Adi Godrej and Kiran Mazumdar-Shaw have signed an online petition along with 17,000 persons to end the gridlock.

E-commerce in Middle East to reach $4.9 billion in 2015

Last Updated: Tuesday, August 11, 2015, 16:08

The rapidly evolving e-commerce in the Middle East has grown tremendously over the last decade and its value is expected to reach USD 4.9 billion this year.

Fino PayTech ties up with Yatra.Com

Last Updated: Monday, August 10, 2015, 18:26

The tie-up will help those customers who do not have access to internet connection. They can book travel tickets online by going to Fino Money, the retail outlet of Fino PayTech or through a Fino authorised agent, a company press release said.

'India, China witness uptrend in mobile banking'

Last Updated: Monday, August 10, 2015, 17:07

Mobile banking has risen significantly in emerging market economies like India and China and the number of such users globally is expected to double in the next four years, a KMPG and UBS research says.

Flipkart sells 150 mn products online till August

Last Updated: Monday, August 10, 2015, 14:34

Leading e-retail major Flipkart on Monday said it has sold 150 million products till date this calendar year, registering a whopping 150 percent growth over last year.