Mumbai, Dec 9 (PTI) Airpay Payment Services on Tuesday announced that it has secured approval from the Reserve Bank of India to operate as a cross-border payment aggregator.
It has completed authorisations under the unified payment aggregator (PA) framework. With this, the company is licensed to operate across PA-O (online), PA-P (physical/POS/QR) and PA-CB (cross-border) categories, according to a statement.
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HDFC Bank Group recognises 10 startups
The HDFC Bank Group on Tuesday announced that it has recognised 10 startups as part of its efforts to support India's fast-growing startup ecosystem.
Two special recognition awards were also given for emerging women founders as part of the HDFC Tech Innovators 2025, as per a statement.
HDFC Bank Group companies engage with and explore joint development of products and solutions with those recognised, it said.
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Brakes India acquires 10 pc stake in auto components-focused TBK
TSF Group company Brakes India on Tuesday announced that it has acquired 10 per cent stake in auto components-focused TBK for an undisclosed sum.
The two companies recently signed a capital and business alliance agreement, as per an official statement.