Monday, June 3, 2019

Nilekani-led panel seeks 10x growth in digital pay

The panel has recommended the RBI and the government to place an appropriate mechanism to monitor digital payment systems and that aggregated information be made available to all players on a monthly basis. http://bit.ly/3197i9l https://ift.tt/eA8V8J

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Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part due to investments, as it seeks to monetize AI (Luz Ding/Bloomberg)

Luz Ding / Bloomberg : Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part du...