Mumbai, Oct 9 (PTI) NPCI International Payments on Monday said it has entered into a tie-up with Al Etihad Payments to develop UAE's Domestic Card Scheme (DCS).

DCS aims to facilitate growth of e-commerce and digital transactions in the UAE and is scheduled to be launched early next year, as per a statement.

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**** IIFL Fintech Fund sells stake in Trustcheckr for an undisclosed sum *

IIFL Fintech Fund on Monday said it has sold its stake in fraud detection platform Trustcheckr for an undisclosed sum.

This is the maiden exit for the fund, which was established in 2021 with a Rs 210 crore corpus, and has delivered a return of 80 per cent, as per a statement.

**** Aditya Birla Sun Life AMC appoints Harish Krishnan as Co-Chief Investment Officer *

Aditya Birla Sun Life Asset Management Company has appointed Harish Krishnan as its Co-Chief Investment Officer and Head of Equity.

Krishnan was earlier associated with Kotak Mutual Fund, according to a statement.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)