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Paytm shares surge 5% after third-party application provider approval for UPI: What does it mean for shareholders? | India Business News – Times of India

newsguru.info15 March 202404 mins

[ad_1] Paytm share price today: Shares of One97 Communications witnessed a significant jump of 5% to Rs 370.90 on the Bombay Stock Exchange on Friday. This follows the announcement that the National Payments Corporation of India (NPCI) has granted approval to Paytm to operate as a Third-Party Application Provider (TPAP) under the multi-bank model for…

Business

Flipkart joins UPI race, 2nd Walmart co – Times of India

newsguru.info3 March 202401 mins

[ad_1] MUMBAI: Walmart-owned Flipkart on Sunday launched its UPI handle in partnership with Axis Bank. The UPI offering will initially be available for Android users. Flipkart is taking competition to the doors of its rival Amazon which runs its payment vertical Amazon Pay besides other payment firms like Paytm, PhonePe and Google Pay. Flipkart, which…

Business

Google Drops Several Key Indian Apps from Its Store | India Business News – Times of India

newsguru.info1 March 202407 mins

[ad_1] BENGALURU/ MUMBAI: 99acres, and dating apps TrulyMadly and QuackQuack. It’s the first major such action by Google following its dispute with app developers on the matter. The Supreme Court last month declined to restrain Google from delisting the apps, but is continuing to hear a petition arguing that Google’s policy is exploitative. Before this,…

Business

PhonePe takes on Google with launch of Indus Appstore – Times of India

newsguru.info21 February 202404 mins

[ad_1] MUMBAI: Walmart’s PhonePe is taking on Google with the launch of its own android app store. The firm’s homegrown Indus Appstore is betting on localisation to differentiate itself in the space dominated by tech giants Google and Apple. Indus Appstore will offer app discovery in 12 Indian languages. “This is not about big tech,…

Business

Paytm crackdown spooks retailers; Walmart, Google swoop in – Times of India

newsguru.info6 February 202406 mins

[ad_1] BENGALURU/MUMBAI/CHENNAI: Hit by a regulatory crackdown, Paytm is mobilizing its sales team to reassure the merchants who use its app to accept digital payments just as Walmart and Google are targeting those same vendors with their rival offerings. Cash was once king in India, but Paytm is credited with revolutionising India’s digital payments market…

Business

Google faces multibillion-dollar US patent trial over AI technology – Times of India

newsguru.info9 January 202403 mins

[ad_1] BOSTON: Alphabet’s Google is set to go before a federal jury in Boston on Tuesday in a trial over accusations that processors it uses to power artificial intelligence technology in key products infringe a computer scientist’s patents.Singular Computing, founded by Massachusetts-based computer scientist Joseph Bates, claims Google copied his technology and used it to…

Business

Shock & awe: AI blitz rings in new tech age amid layoff fears – Times of India

newsguru.info28 December 202302 mins

[ad_1] The year 2023 has been all about AI becoming mainstream. Before the launch of ChatGPT in late 2022, the AI age was something that seemed far away just like how electric cars did before that.Sam Altman-led Open AI’s ChatGPT tool, touted as the biggest thing that has happened to the internet since Google Search,…