This was due to higher depreciation owing to one store closure, one store relocation and re-evaluation of life of the asset in line with lease period which aggregated to a reduction of `18.69 crore from the profits in Q4FY19.
UPI 2.0 is also a boon for merchants, as it supports the use of an overdraft account and the verification of invoices prior to payments, moving mobile payments squarely into the small and medium enterprise segment.
IL&FS and IL&FS Financial Services launched these debt funds in partnership with Life Insurance Corporation, United India Insurance Company, General Insurance Corporation of India and National Insurance Company.
The NCLAT while allowing RCom’s plea for initiation of insolvency proceedings said that further orders in the case will be passed by the NCLT. It also directed that the ongoing moratorium on RCom’s assets and dues be main