Online Aggregator

India's Jio Payment Solutions, a wholly-owned subsidiary of billionaire Mukesh Ambani-led Reliance Group firm Jio Financial Services, has received the central bank's approval to operate as an online payment aggregator, Jio Financial said on Tuesday.

Online ticket aggregator BookMyShow on Thursday said it has filed an FIR over black marketing of tickets for shows of British rock band Coldplay.

The report states that online food delivery is estimated to grow at 18 percent CAGR, with an estimated rise from 12 percent in 2023 to 20 percent by 2030.

Online food delivery platform Zomato said it has received a service tax demand and penalty order aggregating over Rs 184 crore, and will file an appeal against it before an appropriate authority.

Recently, a Twitter user posted about a mishap that his friend experienced with the veg biryani he ordered online.

Digital financial services firm One97 Communications, which operates the Paytm brand, has 15 days more to apply for the online payment aggregator licence for its subsidiary PPSL, a regulatory filing said on Sunday.

RBI on Wednesday released a list of 54 entities, including Amazon (Pay) India, Google India Digital Services, NSDL Database Management, and Zomato Payments, which can continue to operate as Online Payment Aggregators (PAs).

The RBI said for the purpose of disseminating information and ensuring greater transparency, the list of entities that have submitted applications to RBI seeking authorisation to act as online PAs with the current status of their application as of February 15, 2023, is published.

Paytm has shared an update with the exchanges about its 100 per cent subsidiary, Paytm Payments Services. The company can now resubmit the application within 120 calendar days for the payment aggregator services. Ahead of that, the company will seek necessary approval for past downward investment from Paytm into its subsidiary.

Indian food aggregator Zomato said on Friday its co-founder, Mohit Gupta, had resigned. The news comes days after the online food delivery platform reported narrowing of its consolidated net loss to Rs. 250.8 crore for the second quarter ended September 2022. Meanwhile, the company's consolidated net loss stood at Rs. 434.9 crore in the year-ago...

The Karnataka High Court on Friday directed the state government to fix the fare for app-based auto-rickshaw hailing services within 15 days. The authorities last week ordered online aggregators like Uber, Rapido, and Ola to immediately stop their services for auto-rickshaws. The High Court also directed that no coercive steps would be initiated a...

Offline payment aggregators (PAs) who aid in face-to-face transactions at merchant outlets will now come under the regulatory purview of RBI, Governor Shaktikanta Das announced on Friday.

Shares of food aggregator Zomato tumbled sharply on Monday after the company's Board of Directors approved a proposal to acquire a cash-strapped quick commerce company Blinkit for Rs. 4,447 crore.

Google was hit with an antitrust complaint on Monday after a Danish online job-search rival took its grievance to EU regulators, alleging the Alphabet unit had unfairly favoured its own job search service.

GM's CarBravo site will aggregate vehicles owned by Chevrolet, Buick and GMC dealers, as well as cars and trucks that GM Financial controls after taking them back from rental car agencies or vehicle leases.

India's Jio Payment Solutions, a wholly-owned subsidiary of billionaire Mukesh Ambani-led Reliance Group firm Jio Financial Services, has received the central bank's approval to operate as an online payment aggregator, Jio Financial said on Tuesday.

Online ticket aggregator BookMyShow on Thursday said it has filed an FIR over black marketing of tickets for shows of British rock band Coldplay.

The report states that online food delivery is estimated to grow at 18 percent CAGR, with an estimated rise from 12 percent in 2023 to 20 percent by 2030.

Online food delivery platform Zomato said it has received a service tax demand and penalty order aggregating over Rs 184 crore, and will file an appeal against it before an appropriate authority.

Recently, a Twitter user posted about a mishap that his friend experienced with the veg biryani he ordered online.

Digital financial services firm One97 Communications, which operates the Paytm brand, has 15 days more to apply for the online payment aggregator licence for its subsidiary PPSL, a regulatory filing said on Sunday.

RBI on Wednesday released a list of 54 entities, including Amazon (Pay) India, Google India Digital Services, NSDL Database Management, and Zomato Payments, which can continue to operate as Online Payment Aggregators (PAs).

The RBI said for the purpose of disseminating information and ensuring greater transparency, the list of entities that have submitted applications to RBI seeking authorisation to act as online PAs with the current status of their application as of February 15, 2023, is published.

Paytm has shared an update with the exchanges about its 100 per cent subsidiary, Paytm Payments Services. The company can now resubmit the application within 120 calendar days for the payment aggregator services. Ahead of that, the company will seek necessary approval for past downward investment from Paytm into its subsidiary.

Indian food aggregator Zomato said on Friday its co-founder, Mohit Gupta, had resigned. The news comes days after the online food delivery platform reported narrowing of its consolidated net loss to Rs. 250.8 crore for the second quarter ended September 2022. Meanwhile, the company's consolidated net loss stood at Rs. 434.9 crore in the year-ago...

The Karnataka High Court on Friday directed the state government to fix the fare for app-based auto-rickshaw hailing services within 15 days. The authorities last week ordered online aggregators like Uber, Rapido, and Ola to immediately stop their services for auto-rickshaws. The High Court also directed that no coercive steps would be initiated a...

Offline payment aggregators (PAs) who aid in face-to-face transactions at merchant outlets will now come under the regulatory purview of RBI, Governor Shaktikanta Das announced on Friday.

Shares of food aggregator Zomato tumbled sharply on Monday after the company's Board of Directors approved a proposal to acquire a cash-strapped quick commerce company Blinkit for Rs. 4,447 crore.

Google was hit with an antitrust complaint on Monday after a Danish online job-search rival took its grievance to EU regulators, alleging the Alphabet unit had unfairly favoured its own job search service.

GM's CarBravo site will aggregate vehicles owned by Chevrolet, Buick and GMC dealers, as well as cars and trucks that GM Financial controls after taking them back from rental car agencies or vehicle leases.