Dr. Pawan Munjal, Hero MotoCorp Chairman, was honoured with “Special Achievement Award” by Asian Tour, for his contributions to Asian Golf, at Hero Indian Open Golf tournament concluding ceremony, held at Gurugram, Haryana.
Being a fine golfer himself, he supports Hero Indian Open for 14 years, Hero Women’s Indian Open, Hero Challenge series on European Tour, Hero World Challenge on PGA Tour and also hosts multiple golf tournaments in India, including marquee Hero Indian Open for both men and women. He was presented a special salver by leading Indian golfer Shiv Kapur
Under Dr Munjal’s leadership, Hero MotoCorp achieved the title of World’s No. 1 two-wheeler in 2001.
Kotak Mahindra Bank become first lender the country to levy charges on peer-to-peer (P2P) UPI transactions across all platforms, namely, Paytm, Google Pay, PhonePe, Trucaller Pay etc.
For its own account holders, first 30 P2P UPI fund transfer will be free of cost, once exceeded 30 UPI transactions charge of Rs. 2.50 per transaction for of Rs. 1000 or less, and for transfers more than Rs.1000, Rs. 5 plus 18% GST charge will be applied.
No additional charges will be imposed upon receiving money via UPI for merchant transactions or bill payments. The limit introduced is to curb abuse of the UPI system.
National Payments Corporation of India (NPCI) has reduced charges on merchant transactions through UPI. It has brought transactions charges for amount below and above 1000, to a flat rate of 10 paise for all (along with an ad valoreum charge of 0.04% divided between issuing bank and acquiring bank).