Life Insurance Corporation (LIC) has issued a cautionary alert to the public regarding fraudulent advertising practices observed on various social media platforms. The warning comes as LIC notes unauthorized use of senior officials' images, the brand logo, and the company's name by certain individuals and entities.

PayU Payments, a prominent player in the fintech sector, has achieved a significant milestone with the Reserve Bank of India (RBI) granting it approval to operate as a payment aggregator. This development marks a pivotal moment for PayU, coming after 15 months of discussions and initial challenges.

In a strategic move, Hindustan Unilever, known for its brands like Horlicks and Boost, has rebranded its 'health drinks' category, dropping Horlicks from it and renaming it as 'functional nutritional drinks' (FND). This decision comes in response to the Union Ministry of Commerce and Industry's directive to e-commerce platforms to remove drinks and beverages from the 'healthy drinks' category.