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1 Paytm launches ‘Card Soundbox’ enabling credit, debit card payments

One97 Communications Limited (OCL) that owns the brand Paytm,on MOnday announced the launch of Card Soundbox.The company in a statement said that empowers merchants to accept both mobile and card payments across all Visa, Mastercard, American Express and RuPay networks through its iconic Soundbox with ‘tap and pay’ that will help merchants scale their business.

05-Sep-2023 News in Details
2 IGP Creates History: Sets New Guinness World Records for the Longest Chain of Bracelets

IGP, the renowned online multi-category gifting platform, has successfully achieved a groundbreaking milestone this Rakshabandhan by setting a new Guinness World Records for the longest chain of bracelets made by Rakhis tied together around the map of India. This remarkable feat, which draws its inspiration from our pledge that says "All Indians are our brothers and sisters", is a testament to IGP's commitment to fostering unity and celebrating the spirit of Rakshabandhan.

05-Sep-2023 News in Details
3 Kotak Mahindra Bank shares in news as MD & CEO Uday Kotak resigns

Shares of Kotak Mahindra Bank Ltd will be in focus on Monday after MD and CEO Uday Kotak resigned effective September 1, four months ahead of schedule. A founding member of the bank, Kotak is a part of the private bank for the past 38 years. He will continue to serve as a non-executive director of the bank.

Motilal Oswal Securities said Kotak's contribution was pivotal in guiding the bank through its transition from being an NBFC to obtaining a banking license in 2003 and evolving as one of the most successful and reputed financial organisations in the country. "Under Mr. Kotak’s leadership, the bank became the fourth-largest private bank and established a prominent presence across the financial services spectrum, including asset management, broking, investment banking, life insurance, etc," the brokerage said.

04-Sep-2023 News in Details
4 Former Odisha Assembly Speaker Surya Patro passes away at 74

CM Naveen Patnaik expressed grief over the demise of Patro and described him as an able administrator and a good organiser

Former speaker of the Odisha Assembly Surjya Narayan Patro passed away on Saturday evening hours after he was admitted to a private hospital in Bhubabeshwar in a critical condition. He was 74.

04-Sep-2023 News in Details
5 Indian Men's Hockey team beat Pakistan in thrilling final to win inaugural Men's Hockey 5s Asia Cup

In Hockey, India beat Pakistan in penalty shootout in the final to win the inaugural Men’s Hockey 5s Asia Cup 2023 in Salalah, Oman, yesterday. The win also served as Asia’s qualifying tournament for the FIH Men’s Hockey5s World Cup Oman 2024. Subsequently, India qualified for the FIH Men’s Hockey5s World Cup Oman 2024. This is the first time in three meetings that India have beaten Pakistan in the Hockey 5s format. From 2-4 down in the second half, India took the game to the shootout after two goals from Mohammed Raheel. In the shootout, Pakistan missed all their chances while Maninder Singh hit the hammer in the coffin to score India's second goal in the shootout. Earlier in the evening, India thrashed Malaysia 10-4 in the semifinals.  Pakistan reached the final after defeating Oman 7-3.For their remarkable performance and the important win, Hockey India announced Rupees Two Lakh to each player of the team, while Rupees One Lakh each for the support staff. Hockey India President Dilip Tirkey congratulated the team on qualifying for the FIH Men's Hockey5s World Cup Oman 2024 and winning the Gold medal.

04-Sep-2023 News in Details
6 Assam To Introduce Bill In State Assembly To Ban Polygamy

The Assam government is likely to introduce a Bill in the state assembly in December to ban polygamy.

Polygamy is the practice of marrying more than one person (multiple spouses).

Assam Chief Minister Himanta Biswa Sarma on Saturday addressed an all-party meeting in Assam's Tinsukia and said that the state government, in the next 45 days, will finalize the Bill to ban polygamy in the state.

04-Sep-2023 News in Details
7 Northeast Frontier Railway bags PMI South Asia Award for 'Micro Project of the Year'

The Northeast Frontier Railway on Saturday bagged the PMI South Asia Award for its 'Micro Project of the Year' that is, 'Intrusion Detection System' for saving elephant lives.

The Intrusion Detection System (IDS) helps to detect elephants approaching the railway tracks and an alert is sent to the local pilot, station master, also station manager so the accident can be prevented.

04-Sep-2023 News in Details
8 Morgan Stanley Raises India's GDP Forecast To 6.4% After Q1 Strong Data

Morgan Stanley has upwardly revised their economic growth forecast for India for fiscal year 2024 after April-June quarter data showed it grew at its quickest pace in a year.

The multinational investment bank raised India’s growth forecast to 6.4 per cent from its earlier estimate of 6.2 per cent. It attributed the growth forecast revision to robust domestic demand.

India’s GDP growth for the June quarter came at 7.8 per cent, higher than Morgan Stanley’s expectation of 7.4 per cent.

04-Sep-2023 News in Details
9 Max Verstappen wins record 10th consecutive race with victory at Italian Grand Prix

Max Verstappen further cemented his status as the dominant driver of his generation with a historic victory at the Italian Grand Prix, his 10th consecutive race win.

No Formula One driver has ever won as many races in a row in a season. The Red Bull driver had matched the previous all-time record of nine, set by Sebastian Vettel 10 years ago, at last weekend’s Dutch Grand Prix.

Victory at Monza was Verstappen’s 12th of the year and increases the likelihood of Red Bull becoming the first F1 team to win every race in a season.

04-Sep-2023 News in Details
10 U.P govt issues directives for expediting digital crop survey in state

The state government has issued directives for expediting the digital crop survey in the state, asking officials to complete the crop survey in all villages under the supervision of the district magistrate (DM) within the specified time frame, said a government spokesman here on Sunday.

The officials have also been directed to ensure that each surveyor completes the survey for 1,500 plots per month and 2,250 plots within 45 days.

Furthermore, directions have been given to complete the survey within the next 15 days in 10 revenue villages of 54 districts.

04-Sep-2023 News in Details