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WhatsApp seeks RBI nod to offer payment services to all 200 mn Indian users
“Today, almost 1 million people are testing WhatsApp payments in India. The feedback has been very positive, and people enjoy the convenience of sending money as simply and securely as sending messages,” the company’s spokesperson said, responding to a specific email query on the recent plea to the RBI.
LIC’s total valuation surplus at Rs 48,445 cr, up 10 % in 2017-18
IRDA rejects Prem Watsa’s deal to acquire Sudhir Valia’s ITI Reinsurance
Though , the IRDAI is yet to inform both the parties and reveal the exact reason for rejecting the deal, sources points out that the insurance regulator decision much to do with the fact that ITI Reinsurance hadn’t done any business in the last two years after getting a license in 2016 end and deal with Pram Watsa would have been just a `trading of license’ which is not permitted under regulations.
E&Y outbids BCG & Oliver Wyman to bag merger deal of 3 PSU general insurers
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