HDFC Bank and Marriott Bonvoy Launch Travel Card
Indian HDFC Bank announced the beginning of cooperation with Marriott Bonvoy, the Marriott International travel program, in order to launch a co-branded hotel credit card.
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QR Code Payments to Grow 590% in Southeast Asia by 2028: Research
A new study from Juniper Research has found the volume of QR code payments in the leading Southeast Asian market will increase from 13 billion in 2023 to 90 billion in 2028.
Infor Nexus and DBS Bank to Offer New Pre-Shipment Financing Solution for Businesses in India
Infor Nexus Supply Chain Network and DBS Bank reported on collaboration to create a pre-shipment financing solution for small and medium-sized businesses in India.
Google’s Ad Revenue Model Faces Challenges in India
The Delhi High Court ruled that Google’s advertising program falls within the legal scope of the Indian Trademark Law.
RBI Introduces Conversational Payments With AI Involved
The Reserve Bank of India is using innovative fintech developments to strengthen the country’s UPI payment system with AI-powered “conversational” payments
Rajmargyatra App Enables Toll Payments for Indian Highway Users
The National Highways Authority of India (NHAI) has introduced a new app to improve the highway user experience and facilitate FASTag toll payments and related services
India Postpones Laptop Import Restrictions
India has postponed the start date of restrictive measures against the import of laptops, tablets, and servers to this country.
Foxconn Plans to Build Component Plants in India
Foxconn Technology Group, Apple’s main supplier based in Taiwan, intends to increase investment in the development of production in the southern Indian state of Karnataka to more than $1.2 billion.
Applied Materials Expands in India
The American company Applied Materials, a manufacturer of equipment used in the production of microchips, announced its intention to expand the scale of its activities in India.
Venture Capital Firm Together Fund to Help Indian AI Startups
The Indian venture capital company Together Fund announced the creation of an early-stage fund to provide financial assistance to firms that operate in the area of artificial intelligence.
Foxconn Buys Apple Equipment
Over the past year, Foxconn Technology Group has acquired from Apple the equipment necessary to establish production activities, with a total value of $33 billion.
Indonesia and India Can Sign Cross-Border Payments Pact
The media reports that India and Indonesia intend to combine their fast payment systems.
Indian Tech Giant Wipro to Invest $1 Billion in AI
Wipro, one of the leading software providers in India, intends to train all its employees to use artificial intelligence.
Apple Purges Predatory Lending Apps in India
Apple removed several lending apps from the App Store in India this week.
Amazon to Invest $26 Billion in India by Decade’s End
Amazon plans to invest $26 billion to expand and improve its operations in India.
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