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Latest Startup news, Business news, Technology news, Politics, General news updates from India, MENA, the United States, Europe, and more.

"Discussions are on about addressing the regulatory concerns and compliance issues with both the RBI and the ministry," one of the sources told Reuters

India News Technology

Paytm Update: CEO Vijay Shekhar Sharma meets Finance Minister Nirmala Sitharaman amid RBI curb

Amid RBI's curb on Paytm Payments Bank Ltd (PPBL), Founder & CEO Vijay Shekhar Sharma on Tuesday met Finance Minister Nirmala Sitharaman.

Riyaz Idrisi
7 February 2024

Paytm is said to be in talks with Jio Financial since last November, but initiated talks with HDFC Bank right after RBI's ban on Paytm Payments Bank.

India News Technology

Paytm Update: Stocks jump 5 percent, Reliance Jio to acquire Paytm Wallet

Paytm witnessed a 42 percent fall in its stocks after RBI's curb. Today, Paytm shares were trading at a 5 percent increase. Jio is rumored to acquire Paytm wallet.

Riyaz Idrisi
6 February 2024

SoftPOS enables smartphones or tablets with NFC capabilities to function as contactless payment terminals.

MENA News Technology

PayTabs Group partners with Nearpay to offer users an elevated Soft POS payment experience

PayTabs Group, MENA’s award-winning payment orchestration powerhouse today announced it had partnered with Nearpay.

Editorial Staff
6 February 2024

The RBI's decision comes after a thorough examination of a system audit report and a compliance validation report conducted by external auditors. The reports highlighted PPBL's persistent non-compliance with regulations.

India News Technology

‘Paytm Nahi Karo’ – RBI imposes major restrictions on Paytm Payments Bank

RBI today announced that with effect from February 29, 2024, Paytm Payments Bank won't be allowed to accept deposits or top-ups in customer accounts.

Editorial Staff
31 January 2024

Cybernews research team claims that a 26 GB strong MongoDB database containing the data was not secured with a password

India News

Bengaluru-based FreshMenu’s 3.5 Mn food order data leaked

Bengaluru-based popular food delivery service platform FreshMenu has exposed over 3.5 million order details along with sensitive customer information.

Editorial Staff
25 January 2024

The initiative is a heartfelt tribute to Yusuffali’s extraordinary five decades and substantial contributions to humanitarian causes, according to an announcement from Dr Vayalil’s VPS Healthcare Group.

India MENA News

Indian healthcare tycoon in UAE announces 50 free heart surgeries for unprivileged children

Dr Shamsheer Vayalil, the son-in-law of Yusuffali a prominent entrepreneur in the healthcare sector in the UAE, announces a philanthropic initiative to undertake 50 life-saving heart surgeries for children.

Editorial Staff
18 January 2024

The unfortunate news of the murder of a 4-year-old boy has been circulating across media globally for over a week.

India News

Bengaluru-based AI Startup CEO visited Goa with her son a week before allegedly killing him

Bengaluru-based, Suchana Seth, founder and CEO of The Mindful AI Lab is accused of killing her son in Candolim, North Goa

Editorial Staff
17 January 2024

The Rabbit R1, a smartphone alternative gadget was showcased at the popular CES 2024 international tech event by the Consumer Technology Association that was held between 9 to 12 Jan 2024 in Las Vegas.

News North America Technology

Rabbit R1 goes Out-of-Stock on Day-1, Sells over 10,000 units

According to the X handle of the gadget maker Rabbit Inc., the pocket-sized gadget was gone out of stock after selling over 10,000 units on its launch date.

Riyaz Idrisi
13 January 2024

Thmanyah is building an ecosystem that enables creators to produce high-quality content that enriches the Arabic content on the internet.

MENA News Technology

Saudi’s Thmanyah Transforms into a Media-Tech Powerhouse to Pioneer a New Era for Arabic Content

Thmanyah marks 2024 with the launch of a whole new technology-powered business, charting a course to revolutionize the landscape of online content creation.