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Despite dip in value; UPI transaction volume hits record high in August

Unified Payment Interface (UPI) transactions reached a new peak in August, with a 3% increase in volume, totalling 14.96 billion transactions, up from 14.44 billion in July. This marks the highest transaction volume since UPI's launch in April 2016.Read more

United Grinding Group announces partnership with Transaction-Network at EMO Hannover

The slogan of the United Grinding Group was also its motto at this year's EMO Hannover: ‘UNITED FOR YOUR SUCCESS’. The group celebrated its 30th anniversary and announced its partnership with Transaction-Network. It also presented three product innovations in grinding and measuring technology on 1,000 sq m at EMO Hannover 2023.Read more

KKR Acquires majority stake in pallet pooling platform LEAP India

The investment builds on strong macroeconomic tailwinds in India that include a focus on modernising, automating, and optimising efficiencies in supply chains and logistics services.Read more

KKR invests in Hero Future Energies in $450 million transaction

This investment will support Hero Future Energies’ efforts to expand its renewable energy capacity and capabilities across technologies such as solar, wind, battery storage, and green hydrogen, and into new markets over time.Read more

AspenTech completes transaction with Emerson Electric

New, diversified company boasts broader scale, capabilities and solutions.Read more

Cut government stake in banks below 50%: ASSOCHAM

The Punjab National Bank's fraudulent transactions worth INR 11,300 crore should act as a strong trigger for the government for reducing its stake to less than 50% in the banks which should then be allowed to work on the lines of private sector lenders with a full sense of accountability to their shareholders protecting interest of depositors, ASSOCHAM has said.Read more

Tanla firewalls India's leading telco from fraudulent international SMS transactions

Tanla, a cloud communication provider, processing over 90 billion business communications annually, announces the commercial deployment of its international long-distance SMS hub with a leading mobile operator in India. The hub is a benefit rich, integrated and regulatory compliant platform developed, deployed in record time and managed by Tanla for monetising international SMS.Read more

DowDuPont™ announces completion of DuPont’s transactions with FMC

DowDuPont™ (NYSE:DWDP) announced that DuPont has completed its acquisition of FMC Corporation’s Health and Nutrition business (FMC H&N), except for the omega-3 business, and its divestment to FMC of a portion of DuPont’s crop protection business.Read more

Ulmart looks at Bitcoin for future transactions

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