Paytm earmarks ₹100 cr. for marketing during festive season
The Hindu
Paytm on Monday said it has set aside ₹100 crore for marketing campaigns during festive season to promote UPI, buy-now-pay-later (BNPL) and wallet businesses.“These campaigns will be aligned to promot
Paytm on Monday said it has set aside ₹100 crore for marketing campaigns during festive season to promote UPI, buy-now-pay-later (BNPL) and wallet businesses.
“These campaigns will be aligned to promote digital payments in India and educate users about Paytm UPI for money transfers, Paytm Wallet and Paytm Postpaid (Buy Now, Pay Later) for spends, to drive financial inclusion across the country,” the company said in a statement.
The company also announced ‘Cashback Dhamaka’ starting October 14, where users can win cashback for money transfers, online, offline payments or recharges done through the app. “The programme will be rolled out across all districts in India — from merchant partners’ stores to large retail outlets, as well as online platforms. There will be a special focus on the States of Gujarat, Maharashtra, Andhra Pradesh, Telangana and Karnataka,” it said.

GCCs keep India’s tech job market alive, even as IT services industry embarks on a hiring moratorium
Global Capability Centres, offshore subsidiaries set up by multinational corporations, mostly known by an acronym GCCs, are now the primary engine sustaining India’s tech job market, contrasting sharply with the hiring slowdown witnessed by large firms in the country.

Mobile phones are increasingly migrating to smaller chips that are more energy efficient and powerful supported by specialised Neural Processing Units (NPUs) to accelerate AI workloads directly on devices, said Anku Jain, India Managing Director for MediaTek, a Taiwanese fabless semiconductor firm that claims a 47% market share India’s smartphone chipset market.

In one more instance of a wholly owned subsidiary of a Chinese multinational company in India getting ‘Indianised’, Bharti Enterprises, a diversified business conglomerate with interests in telecom, real estate, financial services and food processing among others, and the local arm of private equity major Warburg Pincus have announced to collectively own a 49% stake in Haier India, a subsidiary of the Haier Group which is headquartered in Qingdao, Shandong, China.










