Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
PhonePe Group exits Account Aggregator business
PhonePe group exited the account aggregator business. This move represents a strategic shift for PhonePe, focusing its resources on its core digital payments and financial services offerings. The exit from the account aggregator segment suggests a reassessment of its business portfolio and a focus on areas with higher growth potential. This decision reflects the evolving landscape of the fintech sector and the need for companies to adapt to changing market dynamics.