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💡Secure your family’s future with term life insurance, ensuring they have the financial security they need even in your ...
30/05/2024

💡Secure your family’s future with term life insurance, ensuring they have the financial security they need even in your absence.

💡UPI payments giant PhonePe and BharatPe Group have “amicably settled” all long-standing legal disputes related to the u...
27/05/2024

💡UPI payments giant PhonePe and BharatPe Group have “amicably settled” all long-standing legal disputes related to the use of the trademark with the suffix ‘Pe’.

Both companies have been involved in a prolonged legal battle across multiple courts for the past five years.

The settlement will end all ongoing judicial proceedings.

In 2018, PhonePe issued a cease and desist notice to BharatPe, directing them to stop using the brand name BharatPe with ‘Pe’ written in Devanagari script.

BharatPe subsequently stopped using this format and switched to using ‘BharatPe’ exclusively for its services.

In 2019, PhonePe filed a lawsuit against BharatPe in the Delhi High Court, claiming infringement on its registered trademark
‘PhonePe.

The case was dismissed, and the court refused to grant an injunction against BharatPe’s trademark.

💡Tata Power is planning to raise up to $1 billion (around Rs 8,306 crore) for its renewable energy projects.According to...
27/05/2024

💡Tata Power is planning to raise up to $1 billion (around Rs 8,306 crore) for its renewable energy projects.
According to a Bloomberg report, the company is in talks with several banks, including State Bank of India, Indusind Bank, Axis Bank and ICIl Bank, for a loan.
If successful, this would reportedly be the largest domestic currency loan in India this year.

💡Which one are you ?
23/04/2024

💡Which one are you ?

💡Union transport Minister Nitin Gadkari has announced that the government is ending the current tolling system on highwa...
08/04/2024

💡Union transport Minister Nitin Gadkari has announced that the government is ending the current tolling system on highways, and satellite based toll collection will be introduced soon. This will first be implemented on select sections of national highways for testing.

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Disclaimer: Each and every post that you see on is purely for educational purpose and doesn’t promote any particular stock. Moreover, we recommend you doing your own research before buying or selling any stock. Fincapserv is not at all responsible for any financial decision taken by you!

💡Amazon rival Flipkart’s valuation has decreased by approximately Rs 41,000 crore ($5 billion) over the past two years, ...
18/03/2024

💡Amazon rival Flipkart’s valuation has decreased by approximately Rs 41,000 crore ($5 billion) over the past two years, dropping from $40 billion in January 2022 to $35 billion by January 2024.

According to Walmart, the decline is partly due to the demerger of the fintech firm PhonePe into a separate entity.

During this period, Walmart increased its ownership in Flipkart from about 75% to approximately 85% by acquiring shares and settling liabilities related to PhonePe.

Despite this valuation decline, Flipkart disputes the portrayal of its decrease as merely an
“appropriate adjustment” following its separation from PhonePe in 2023.

The last valuation exercise for Flipkart was conducted in 2021 before PhonePe was separated at a specific valuation reflecting its value in 2021.

Since then, PhonePe’s valuation has increased due to subsequent fundraising, while Flipkart’s valuation has remained adjusted for the hive-off of PhonePe.

💡Paytm, under its parent company One 97 Communications, is set to reduce its workforce by as much as 20% across various ...
15/03/2024

💡Paytm, under its parent company One 97 Communications, is set to reduce its workforce by as much as 20% across various departments as part of its annual performance review.
The layoffs are part of a broader initiative to implement Al-powered automation, which may render some roles redundant.
The company is currently in the midst of its annual appraisal cycle, which involves performance assessments that could lead to job adjustments based on performance evaluations and role suitability.
Paytm said the process is distinct from layoffs and is a routine aspect of performance evaluations in any organization.

💡Is OTP going to be phased out? One time passcodes, those annoying text messages that send a code every time you want to...
15/02/2024

💡Is OTP going to be phased out? One time passcodes, those annoying text messages that send a code every time you want to do anything online these days, may become a thing of the past as the Reserve Bank of India urges banks to come up with more advanced and safer alternatives. One such approach, TruSense, uses a direct data connection with a user’s phone, and can exchange security tokens without a user’s input. However, some have warned against relying on such technology, with advancements in Al potentially rendering many online security methods useless.

💡The narrative surrounding Paytm appears to be evolving, as media reports recently claimed that Mukesh Ambani’s Jio Fina...
06/02/2024

💡The narrative surrounding Paytm appears to be evolving, as media reports recently claimed that Mukesh Ambani’s Jio Financial Services might acquire Paytm’s wallet business.
The report comes a week after RBI took strict action on Paytm Payments Bank, which restricted accepting further deposits, conducting credit transactions, and carrying out top-ups on customer accounts, prepaid instruments, wallets, and cards for paying road tolls after February 29.
However, Jio Financial Services denied these media reports, stating them as speculative and baseless.
“We wish to clarify that the news report is speculative, and we have not engaged in any discussions concerning this matter,” JFSL stated in a regulatory announcement made late at night.
Paytm has yet to officially clarify the news report.

💰💸 Journey 2023 🤫                           #2023
28/12/2023

💰💸 Journey 2023 🤫
#2023

💡Itne pyaar se Hello bolne wala chahiye bss. 💸✅Follow us for more
13/11/2023

💡Itne pyaar se Hello bolne wala chahiye bss. 💸✅
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09/11/2023

💡Money knowledge.💰💸

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