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Mastercard bets on bank partnerships for Indian expansion


Mastercard bets on bank partnerships for Indian expansion
5 hours ago
Mastercard Inc. is working with several banks to expand its payment acceptance network in India. The card network giant posted a net profit of $1.8 billion for the first quarter of the current financial year, up by 8% from last year, according to its financial results.
In the last few weeks, Mastercard announced partnerships with Bank of Baroda and RBL Bank to launch a Quick-Response payments acceptance solution. Cardholders and small-medium-enterprises on the banks’ network can accept cashless payments using their cards. In March, it launched a wearable tech payments solution with Axis Bank.  ....

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Mobile sector declares climate action breakthrough


Mobile sector declares climate action breakthrough
The global mobile industry has become the first sector to annouce a critical industry ‘breakthrough’ as part of its race to eliminate emissions.
By Climate Champions | April 20, 2021
More than a third of mobile operators by revenue have met rigorous criteria set by the UN’s Race to Zero campaign and committed to net zero emissions by 2050 at the latest.
Already, 36% of the mobile industry by revenue, and 31% of the mobile industry by connections, are in the Race to Zero. Participants include: Telefonica, Vodafone Group, EE, Telus, T-Mobile US, Verizon Wireless, Swisscom, and Orange Group. ....

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SAT stays SEBI order accusing Future promoters of insider trading


(MENAFN - IANS) p>New Delhi/Mumbai, Feb 16 (IANS) The Securities Appellate Tribunal (SAT) has stayed the effect and operation of SEBIs order accusing the promoters of Future Group of insider trading in the context of purchases of Future Retail shares made in March 2017.
According to a statement by Future Corporate Resources Limited, the restructuring of the home furnishing businesses in the Future Group (with the physical store format of Future Retail and online store format of Future Enterprises being demerger into a new company) had been well known in the public since 2016.
Future Group counsel Somasekhar Sundaresan argued that the actual terms of the restructuring were initiated only in April 2017 while the purchases were made in March to avail of the creeping acquisition limits under the takeover regulations. ....

Ravi Kadam , Somasekhar Sundaresan , Bharti Airtel Group , Corporate Resources , Securities Appellate Tribunal , Future Group , Future Retail , Future Corporate Resources Limited , Future Enterprises , ரவி கடம் , பாரதி ஏர்டெல் குழு , பெருநிறுவன வளங்கள் , பத்திரங்கள் மேல்முறையீடு தீர்ப்பாயம் , எதிர்கால குழு , எதிர்கால சில்லறை , எதிர்கால பெருநிறுவன வளங்கள் வரையறுக்கப்பட்டவை , எதிர்கால நிறுவனங்கள் ,