Will the RBI’s (Reserve Bank of India) latest decision to allow UPI (Unified Payments Interface) for cash deposits at ATMs result in debit cards losing their relevance? The once ubiquitous debit cards are already slowly giving way to UPI. While the share of mobile payments has more than doubled in the last three years, usage of debit cards for payments has remained still.
Open Flip📌The IPO will open for subscription on May 22, 2024 and close on May 27, 2024 📌The price band for the issue has been fixed at Rs 364-383/share 📌The IPO is a mix of fresh issuance of shares worth Rs 128 crore and an offer-for-sale of 1,22,95,699 equity shares 📌Awfis Space Solutions plans to allocate Rs 42.03 crore from the net proceeds 📌Investors can bid for a minimum of 39 equity shares
Open FlipIndia is looking to fortify its imports of LNG, a crucial ingredient in industrial applications and partly in transportation, through long-term contracts with overseas exporters. This week, state-run Indian Oil Corporation Ltd signed a long-term contract with French energy giant TotalEnergies in France for supply of LNG (liquefied natural gas), two people aware of the development said.
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