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Innovation
Unocoin Launches Mobile PoS App for Indian Stores to Accept Bitcoin
2016-04-24T11:56:25.000+02:00
Indian merchants can accept bitcoin on the spot with Unocoin PoS or send payment instructions to customers online.
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Exchanges
Indian Bitcoin Exchange and Wallet Coinsecure Raised Over $1.2m
2016-04-18T14:23:41.000+02:00
Upon the completion of the 'Series A’ round, Coinsecure plans to enter the enterprise blockchain solutions space.
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News
YES BANK Becomes Second Indian Bank to Partner with Uphold
2016-04-06T12:48:46.000+02:00
Just a week after first entering the world’s largest remittance market, Uphold secures a new partnership in India.
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Execution
BSE Introduces New Measures To Prevent Trade Reversals In Equity Derivatives
2016-03-14T16:28:28.000+02:00
New RTCP mechanism is designed to prevent potential cases of trade reversal taking place on the exchange's trading platform.
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Regulation
Indian Police Crack Down on XDirect in Mumbai for Illicit Trading
2016-01-20T11:54:20.000+02:00
XDirect is registered in Mauritius though the company failed to procure a license to provide FX services following an investigation.
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Jeff Patterson
Brokers
TradeNext Securities Launches Brokerage Solutions in India
2015-12-08T20:21:22.000+02:00
Looking beyond foreign exchange and CFDs trading, the brokerage is aiming to cater to those interested in Indian markets
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Execution
ITG Extends Equities Trading Capabilities to India, Taiwan via POSIT Alert
2015-11-24T17:12:48.000+02:00
ITG has enhanced its POSIT Alert coverage to India and Taiwan, strengthening its APAC focus.
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Jeff Patterson
Exchanges
Centralized Credit FX Market Place R5FX Launches Indian Rupee Trading
2015-11-14T18:43:56.000+02:00
The launch coincides with the official two-day visit by Indian Prime Minister Narendra Modi to the UK capital
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Exchanges
Indian Exchange Deploys First Derivatives' Algo Testing Software
2015-11-02T09:37:44.000+02:00
The National Stock Exchange of India's deal adds a flagship global Exchange to FD's customer base in a strategically important region.
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Brokers
Exclusive: TradeNext Starts Internal Review, Some Clients Terminated
2015-08-24T18:15:54.000+02:00
The company sent notice to certain clients about the termination of their agreements after reassessing relationship with some affiliates
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Regulation
Indian Start-ups and Investors To Benefit From New IPO Rules
2015-06-23T18:06:36.000+02:00
India is easing IPO rules for start-ups in a bid to lure more domestic investors into the booming e-commerce community.
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Andy Traveller
Technology
State Bank of India (SBI) Announces New Online Forex Platform
2015-06-19T21:54:28.000+02:00
As the world's leading receiver of remittances, forex transactions play a signficant role in the Indian economy.
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P2P Lending
Indian P2P Lender, Faircent, Raises $250K Funding from M&S Partners
2015-06-14T15:20:27.000+02:00
Faircent, a P2P lender in the India market, has secured its latest round of funding, raising $250,000 from Singapore based M&S Partners.
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Ron Finberg
Payments
RBI Approves Prospective Integration of China UnionPay within India’s RuPay
2015-05-21T09:56:43.000+02:00
China UnionPay is on its way to getting integrated with the RuPay network, allowing transactions with the card in India.
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Payments
Axis Bank Evolving Banking with NFC Credit Cards and Facebook Payments
2015-05-17T09:32:24.000+02:00
Axis Bank of India has introduced two new features to make payments easier for its customers; socialP2P payments and NFC enabled credit cards
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News
Bitcoin May Be Hitting Turbulence Again in India
2015-05-12T13:04:06.000+02:00
Bitcoin may not yet be totally out of the woods in India, following the bank account closure of one exchange and the questioning of another.
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Leon Pick
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Exchanges
Unocoin Teams Up with Purse.io to Turn Mechanical Turk into Rupees
2015-04-15T12:18:31.000+02:00
India-based bitcoin exchange Unocoin has partnered with Purse.io to complete the cycle from Mechanical Turk to Indian rupees.
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Innovation
Infosys Mulling Bitcoin Technology to Boost Finacle
2015-04-13T18:26:17.000+02:00
India-based Infosys is considering the use of blockchain technology to enhance its widely used Finacle banking software.
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News
RBI Governor: We're Moving to Cashless Society, Digital Currency to Be Adopted by Central Banks
2014-12-30T21:15:54.000+02:00
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Expert Insights
How Many Gold Traders Does It Take To Move a Market?
2014-11-27T02:01:38.000+02:00
According to information released in India recently it might be a lot less than we first thought, six to be precise.
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Thomas Coughlin
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Exchanges
Indian Multi-Asset Exchange MCX-SX Aims to Bolster FX Volumes - Reduces Commissions
2014-11-11T21:51:38.000+02:00
India’s main currency trading venue, the MCX-SX Stock Exchange, has revised its charging structure for currency derivatives. The firm notified users’ that certain non-USD crosses will be exempt from charges.
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Executive Moves
Head of Investment Banking, Vedika Bhandarkar Relinquishes Post at Credit Suisse
2014-11-11T02:01:51.000+02:00
An executive void has been created at Credit Suisse Group AG as its Head of India Investment Banking, Vedika Bhandarkar is reportedly parting ways with the Swiss bank due to health reasons.
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Payments
FlipKart shuts down PayZippy PSP
2014-09-04T12:31:49.000+02:00
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Payments
India’s Central Bank to strictly enforce 2-step verification for credit card transactions
2014-08-24T14:09:23.000+02:00
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Payments
Amazon's delivery drones take flight in India
2014-08-20T16:58:52.000+02:00
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