Brief
The Strengthening Duopoly of PhonePe and Google Pay in UPI is making NPCI Anxious
Dazeinfo -
PhonePe has over 4x of Paytm’s UPI market share! One of every two UPI transactions is taking place via PhonePe … and this could be concerning for NPCI.
The National Payments Corporation of India (NPCI) faces an acute challenge in...
Brief
Turmoil at OpenAI, Again: Musk Jeopardises the Plans of Sam Altman?
Dazeinfo -
Turmoil at OpenAI, again!!! And, this could jeopardize the plans of the not-for-profit organization, which would have a far-reaching impact.
Elon Musk said that OpenAI should be renamed ‘super closed source for maximum profit AI’! OpenAI didn't agree though, but...
Brief
Paytm UPI Market Share Drops to Just 11%, Hinting a Long Bumpy Ride Ahead
Dazeinfo -
The repercussions of the Reserve Bank of India's (RBI) ban on Paytm Payments Bank are becoming increasingly evident, with a significant hit to Paytm's UPI market share. Recent insights obtained by Moneycontrol from banking sources reveal that Paytm's UPI...
Brief
Advertisers Skeptical About ROI: Only 6-7% Growth in Digital Ad Spending For FY24
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In today's digital age, advertising serves a pivotal role beyond the mere promotion of products and services; it is instrumental in building a company's brand, fostering trust, and establishing credibility. For numerous digital enterprises, advertising has evolved into a...
Brief
Customer Frustration Rising at Paytm Payments Bank: 150x YoY Surge in Complaints
Dazeinfo -
User complaints can have severe repercussions for any B2C business, particularly operating in the fintech sector where daily financial transactions are the norm. Paytm Payments Bank, owned by One97 Communications, has reportedly witnessed a massive surge in customer complaints...
Brief
Will Vijay Shekhar Sharma’s Exit From Paytm Payments Bank Ease Tensions with the RBI?
Dazeinfo -
One97 Communications Ltd (OCL), the parent company overseeing all Paytm entities, has officially disclosed a restructuring plan for the Paytm Payments Bank (PPBL) Board. This strategic move involves the departure of the visionary founder, Vijay Shekhar Sharma, from his...
Brief
PE Investments in India Plunged Over 30% YoY in 2023: Investors Bet Big on Growth and Late-Stage Ventures
Dazeinfo -
In 2023, Indian enterprises and startups encountered significant challenges in terms of investments and strategic business expansion, as revealed in PWC India's latest report titled "Deals at a Glance." The report paints a stark picture of a substantial decline...
Brief
Airtel Outperforms Jio with 3 Million Growth in Active Mobile Subscribers in December 2023; 12.44 Million Seek New Connections
Dazeinfo -
India's telecom sector has dramatically changed over the past decade, with new players eating the market share of established telecom companies. A particularly noteworthy development in this transformation is the profound impact of Reliance Jio's entry, leading to an...
Brief
ED Tightens the Noose Around Byju’s Founder: Puts His Travel Plans Under Lens
Dazeinfo -
Byju's, already grappling with financial challenges, now faces an additional obstacle as its founder, Byju Raveendran, comes under suspicion of contemplating an exit from India. Citing sources, the Economic Times reported that the Enforcement Directorate (ED) has prompted the...
Brief
Over 20 Million Paytm Users in Limbo as Fastag Ban Sparks Chaos
Dazeinfo -
The ban imposed by the Reserve Bank of India (RBI) on Paytm Payments Bank turned out to be just the opening act of a regulatory drama for Vijay Shekhar Sharma-led One97 Communications. Compounding the challenges, the Indian Highways Management...
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Latest News
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Meta Q1 2024: Jaw-Dropping Surge in Revenue and Net Profit, But Reality Labs Burning Billions
Meta Platforms, Inc. (NASDAQ: META) has unveiled its financial results for the first quarter of 2024 and it is...
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