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MDR is here, Oracle India begins layoffs and more | MC Tech3

📰 Moneycontrol 🕐 1 min read 📅 September 15, 2026 👁 1 views
MDR is here, Oracle India begins layoffs and more | MC Tech3
On this episode of Tech3 from Moneycontrol, we tell you about UPI MDR fixed at 0.4% for transactions over Rs 2,000; capped at Rs 300 per transaction for transactions of Rs 75,000 At around 40 bps MDR, the ecosystem could generate up to Rs 16,000 crore in revenue annually. We also shine a light on what went down at Sugar cosmetics, the layoffs sweeping through Oracle India and an AI startup that counts Shah Rukh Khan as an investor Tune in
Read full article on Moneycontrol

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