Acquisition of Axio Powers Amazon Pay’s Push Beyond Metros into Tier-II and Tier-III Markets

Amazon Pay India is shifting its strategic focus toward non-metro regions, with over 75 per cent of its customer base now residing outside major cities and demonstrating an increasing demand for digital credit solutions. Speaking on the company’s vision, Vikas Bansal, chief executive officer of Amazon Pay India, outlined plans to expand the platform beyond…

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Britannia Evaluates Reliance’s Market Entry Strategy Amid FMCG Expansion

FMCG leader Britannia Industries is keeping a vigilant eye on Reliance Consumer Products Limited’s (RCPL) entry into the competitive biscuit market following its initial product launch in Tamil Nadu, according to statements made by Rakshit Hargave, Managing Director and Chief Executive Officer of Britannia Industries, during a recent earnings call with investors. Addressing investor inquiries…

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TCI Seaways adds ₹178.8-crore container vessel to fleet, boosts East Coast connectivity

TCI Seaways, a division of Transport Corporation of India Limited (TCI), has taken delivery of a 500 TEU container vessel, TCI SETU, on October 29, 2026, strengthening its coastal shipping capacity and multimodal logistics operations. With a deadweight capacity of approximately 7,300 metric tonnes, TCI SETU is the seventh vessel in the company’s fleet of…

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Data Theft and User Impersonation Risks Exposed in Tata Motors Connected Car Apps

The Indian Computer Emergency Response Team (CERT-In) has issued a high-severity cybersecurity advisory warning of multiple critical vulnerabilities in select versions of Tata Motors’ connected vehicle applications, iRA 2.0 and iRA.ev. The national cybersecurity agency cautioned that these security flaws could be exploited by malicious actors to extract sensitive credentials, intercept private communications, impersonate legitimate…

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Consolidated Analytics Fuel Rapid Growth for PhonePe Invest’s Upgraded Platform

PhonePe Invest, the investing and trading platform operated by PhonePe, experienced remarkable user growth during October 2026, recording an 80 percent surge in baseline platform registrations alongside a 50 percent increase in new customer additions. This substantial expansion directly follows the strategic transition of the platform from its former identity, Share.Market, to PhonePe Invest. Alongside…

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Jio and O2C Power RIL Growth to Beat Market Forecasts Despite Retail Margin Pressure

Reliance Industries Ltd (RIL), led by Chairman Mukesh Ambani, reported a robust 33.8 per cent year-on-year increase in profit after tax (PAT) to ₹29,550 crore for the second quarter ended September 30, beating market estimates. The growth was driven by exceptional performance across core verticals, particularly oil-to-chemicals (O2C) and digital services, up from ₹22,092 crore…

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Education and Communication Key to Managing Investor Expectations Amid Market Volatility

India’s mutual fund industry must evolve beyond merely expanding digital access to focus on enhancing overall investor outcomes, strengthening advisory services, and fostering long-term confidence amid market volatility, according to financial leaders at the Business Standard BFSI Insight Summit 2026. Participating in a panel discussion titled ‘Reinventing Financial Intermediation amid Fintech Disruptions,’ industry executives highlighted…

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