Bloomberg India’s war on cash has at least two likely victors: Visa Inc. and Mastercard Inc. The world’s largest payment networks will see a surge in transactions and cardholders after the Indian government’s decision this month to remove high-denomination bills from circulation, according to analysts who cover the companies. The two networks have been pushing for this kind of ...

  New Delhi / AFP Huge bank queues have become an ubiquitous sight across India after the government suddenly withdrew the two highest denomination notes from circulation two weeks ago — but now you can hire-a-queuer online. New Delhi-based startup BookMyChotu — a play on the Hindi word “chotu” meaning “little one” — is cashing in on the cash crunch, ...

  Bloomberg The local unit of HSBC Holdings Plc is advising Saudi Arabia’s Public Pension Agency on the sale of its struggling financial hub to the country’s sovereign wealth fund, according to people familiar with the matter. The Public Investment Fund is offering to acquire the Riyadh district for less than the pension fund’s 30 billion riyals ($8 billion) investment, ...