Kotak Mahindra Bank names Anup Kumar Saha as MD and CEO
Saha, who joined Kotak Mahindra Bank in January 2026, will succeed Ashok Vaswani, whose term as CEO ends on December 31.
Explore the latest news, in-depth reports, and executive analysis tagged with #Amd.
Saha, who joined Kotak Mahindra Bank in January 2026, will succeed Ashok Vaswani, whose term as CEO ends on December 31.
The government's decision to reintroduce MDR has triggered a debate among merchants and the payments industry.
UPI's new 0.4% MDR grabbed headlines, but the real story is who profits. By our estimates, the top three UPI apps could get up to 40% of the MDR split.
The NPCI framework also proposes a flat Rs 5 MDR on UPI transactions above Rs 2,000 for specified merchant categories.
The government has, however, specified that banks and other system providers cannot impose any charge on RuPay-powered debit cards and UPI payments of up to Rs 2,000.
This video captures the economics, the loopholes, who actually wins if MDR returns, and why the government might be playing a longer game than just UPI.
The proposed amendment, tabled by FM Nirmala Sitharaman, marks a shift from the existing legal framework, under which UPI enjoys a statutory exemption from MDR.
In this edition, we revisit the longest-running payments debate i.e. UPI MDR; and we explore what happens when sovereign AI, venture capital and national interest collide.
Singh, who spent more than 11 years at Uber, will join OpenAI in September.
The funding round saw participation from Uncorrelated Ventures, Aaruha Technology Fund, Vikash Agarwal and other investors.
The funds were raised via a mix of listed non-convertible debentures (NCDs) and external commercial borrowings (ECB).
The decision is part of the US efforts for production of chips locally and reduced its dependence on chip manufacturers in Taiwan.
A quick update on Visa’s move to discontinue the special pricing for utilities; and why TPG's JV with TCS to build AI data centres is not a mere coincidence.
AMD Ventures, and existing investors Andreessen Horowitz, Amplify Partners, and Matrix Partners participated in the funding round.
Uniphore will use the fresh capital to boost innovation on its AI and data platform -- Business AI Cloud.
The deal will allow Nvidia to sell its H20 accelerators and AMD its MI308 chips to China.
Interestingly, not just payment aggregators, the has decided to charge some large merchants – who use the bank’s UPI directly.
India processed 18.4 billion UPI transactions worth Rs 24.04 lakh crore in June.
In a bid to challenge Nvidia’s dominance in the global artificial intelligence hardware space, the company has approached potential customers in UAE, Saudi Arabia, and Thailand.
While the government insists UPI is free, hidden charges, unsustainable incentives, and industry frustrations tell a different story.