MIC Electronics Secures Rs 4.45 Crore Order

MIC Electronics Secures Rs 4.45 Crore Order

MIC Electronics Limited has secured Letters of Acceptance (LoAs) from Eastern Railway, Howrah Division, for projects valued at approximately ₹4.45 crore. The orders have been awarded under two separate competitive tenders and further strengthen the company’s position in India’s railway digital infrastructure ecosystem. The contracts involve the design, supply, installation, testing, and commissioning of advanced…

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AION-Tech Appoints Biju Mathews as President & CEO

AION-Tech Appoints Biju Mathews as President & CEO

AION-Tech Solutions Ltd., a publicly listed business intelligence and IT services company, announced the appointment of Biju Mathews as President and Chief Executive Officer of AION-Tech Solutions. This appointment marks a strategic step toward accelerating organisation-led growth and strengthening long-term value creation. Biju Mathews brings over 32 years of leadership experience across enterprise technology, analytics…

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Mygate Reports First-Ever Full-Year Profitability in FY25 with 80% YoY Growth

Mygate Reports First-Ever Full-Year Profitability in FY25 with 80% YoY Growth

Mygate announced its financial results for the year ended March 31, 2025 (FY25), delivering a landmark performance with its first-ever full-year profitability, adjusted EBITDA breakeven, and positive cash generation.   Tech News Of The Day   FY25 marked a defining year for Mygate as the company combined strong revenue growth with disciplined execution and improved…

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Mahle Sees India’s Multi-Fuel Mix Boosting Global Aftermarket Growth

Mahle Sees India’s Multi-Fuel Mix Boosting Global Aftermarket Growth

India’s expanding economy, rising car ownership, and dominance of internal combustion engines and hybrids in the medium to long term are making the country one of the most attractive growth markets for auto component major Mahle’s global aftermarket business. Mahle said India’s aftermarket is growing faster than most major regions, supported by an expanding vehicle…

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Paytm Partners Bharat Taxi to Power Driver Payments

Paytm Partners Bharat Taxi to Power Driver Payments

Paytm partners with Bharat Taxi, an Indian government-supported ride-hailing platform, to enable mobile payments and financial services for drivers The platform follows a driver-owned cooperative model, positioning drivers as stakeholders with transparent, commission-free fares Enables consumer ride payments via UPI and Paytm-pioneered QR codes, Soundbox and card machines, alongside providing insurance and financial services for…

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Paytm, Bharat Taxi roll out UPI payments for cab rides. How it will work and more

Paytm, Bharat Taxi roll out UPI payments for cab rides. How it will work and more

Paytm on Thursday entered into a partnership with Bharat Taxi, a government-supported ride-hailing platform, to bring digital payments and financial services to drivers and passengers using the app. The move is aimed at making ride payments easier for customers and ensuring faster payouts for drivers, according to a company release. Bharat Taxi was launched by…

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Paytm Signs MoU with Government-Backed Bharat Taxi to Integrate Digital Payment Infrastructure

Paytm Signs MoU with Government-Backed Bharat Taxi to Integrate Digital Payment Infrastructure

Paytm (One 97 Communications Limited), India’s leading payments and financial services company, has signed a Memorandum of Understanding (MoU) with Bharat Taxi, a ride-hailing initiative endorsed by the Government of India. The agreement, announced following Bharat Taxi’s launch by Union Home and Cooperation Minister Amit Shah on February 5, 2026, is aimed at integrating Paytm’s…

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