India Fintech
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Artha Bharat moves two GIFT City funds to Abu Dhabi over tax rules
Artha Bharat Investment Managers IFSC is moving two of its GIFT City funds to Abu Dhabi Global Market, citing tax uncertainty and investor rules.
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Flipkart’s super.money triples FY26 revenue to ₹292 crore as losses widen 78%
Flipkart-backed super.money more than tripled FY26 revenue on loan referrals, but marketing spend above its revenue widened its loss by 78%.
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PhonePe renames Share.Market as PhonePe Invest and adds a portfolio optimiser
PhonePe has renamed its broking platform Share.Market as PhonePe Invest and added a portfolio optimiser aimed at savers who do not yet hold equities.
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IRDAI sets January 2028 for beta of its Public Insurance Registry
IRDAI chairman Ajay Seth said the beta of the Public Insurance Registry will be ready by January 2028 and defended the regulator’s distribution reform.
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RBI warns account aggregators against monetising customer data
The RBI told account aggregators to keep their data-blind design and not monetise customer data, as it prepares interoperability across the network.
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Groww Q2 results: parent’s profit rises 54% as derivatives income shrinks
Billionbrains Garage Ventures, which owns Groww, lifted September-quarter profit 54% to ₹725 crore while equity derivatives contributed less of its income.
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NPCI defers UPI MDR on merchant payments above ₹2,000 until after Diwali
NPCI has deferred the 0.4% merchant discount rate on UPI payments above ₹2,000, due on October 15, to a date after Diwali that it will notify separately.
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