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New Delhi [India], Mar. 7 : Digital payment gateway Paytm announced a 'zero cancellation charge' policy that will allow users to claim 100 percent refund on their bus tickets, even if they cancel the ticket as late as six hours before departure.

For a nominal fee starting from Rs. 34 per ticket, customers will have the option of planning their trips well in advance without the fear of exorbitant cancellation charges in case of any last minute changes. The additional fee would go as a premium to Paytm's insurance partner and enable instant refund to customers' Paytm wallet in case of ticket cancellation.

New Delhi [India], Mar 7 : Kotak Mahindra Bank (KMB) on Tuesday announced that it has become India's first bank to launch access to DigiLocker on the Bank's Net Banking platform.

Through this platform, customers can eliminate the use of physical documents as Aadhaar-linked documents can be automatically fetched from Digilocker partner institutions. Customers can also download pre-verified documents themselves by providing some details.

New Delhi [India], Mar 7 : Snapdeal today announced a major benefit for its sellers by reducing its seller payment cycle by 40 percent, thereby becoming the e-commerce platform that offers the fastest payment schedule in the country.

Snapdeal's announcement is a welcome move for the 3,00,000 sellers on its platform. Faster payments will enable them to use their working capital more efficiently and generate additional business without needing to invest additional funds. For sellers who are working on the SD+ model, today's announcement will mean a whopping 40 percent faster payment, which is also the best in class in Indian e-commerce industry.

Cotton on MCX settled up by 1.65% at 21520 due to rising domestic as well as export demand in the spot market.

Cardamom on MCX settled down by -1.37% at 1389.5 as stockists are on the fence due to tight money market though stock position is tight.

Maize on NCDEX settled up by 2.99% at 1445 on short covering after prices dropped due to new crop arrival pressure.