Paytm Bank Faces Service Halt Deadline🚫

Feb 01, 2024

Hello, Masters of Self-Control and Emotional Architects!

"Any person capable of angering you becomes your master."
- Epictetus

Envision a life where the mastery of emotions empowers you to navigate the waves of interactions with grace.

Join us as we explore the transformative philosophy that the one who angers you holds a key to your emotional responses.

Get ready to embrace the art of self-control and discover the freedom that comes with emotional sovereignty.

Paytm Payments Bank told to halt services by February-end

In an unprecedented move, the country’s central bank has barred fintech major Paytm from offering all forms of banking services to its customers. The action against One 97 Communications, which runs Paytm, was due to “non-compliance and continued material supervisory concerns in the bank,” RBI said.

Apple tops Indian smartphone market by revenue in 2023

Apple became the largest smartphone brand by revenue in India in 2023 for the first time, surpassing Korea’s Samsung in a market valued at around $40 billion, according to market tracker Counterpoint Research.

Nazara Tech's Nodwin Gaming invests €8 million in Germany's Freaks 4U Gaming

Nodwin Gaming, the esports subsidiary of Nazara Technologies, on January 31 announced an investment of €8 million (about Rs 75 crore) in Germany-based Freaks 4U Gaming in exchange for a 13.51 percent stake, as the company looks to bolster its capabilities in global markets.

Govt cuts import duty for some phone parts to 10% in boost for Apple, Xiaomi

The government has cut import duty on some parts used in making mobile phones to 10% from 15%, a move that will boost exports and benefit companies like Apple and Xiaomi that manufacture in India.

Small business-focused fintech UGRO Capital has raised Rs 250 crore ($30 million) through Non-Convertible Debentures from the Asian Development Bank (ADB).
Digital freight management startup Wiz Freight has raised Rs 125 crore ($15 million) in a Series B equity funding round led by Japan-based venture capital SBI Investment. The round also saw participation from Tiger Global Management, Nippon Express Holdings, Axilor Technologies Fund, Foundamental, Arali Investments, and Unikon Shipping Ventures, along with several family offices.
AI-based security startup P0 has raised $6.5 million in its seed round from Silicon Valley-based investor Lightspeed Venture Partners.

🌄 Short Story: The Tapestry of Serenity

In a bustling town, a serene soul named Mia lived by Epictetus' wisdom.

Mia, mastering the art of emotional resilience, inspired the community to weave a tapestry of serenity in the face of provocations.

The town, inspired by Mia's calm demeanor, began to see that true mastery wasn't in avoiding conflicts but in responding with equanimity.

As we conclude this edition, reflect on the power of emotional mastery in your interactions.

Stay tuned for a fresh perspective that invites you to find joy in the seamless currents of existence.

Thank you for being part of our community, where together, we cultivate emotional resilience and chart the course to inner peace.

Feel free to share it with someone who could use a little inspiration. Let's pass on the good vibes and make someone's day!

Thanks for reading till the end!

Rise & Shine ☀