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Explained: What next for Paytm's banking arm after RBI clampdown?

Finance

01 February, 2024

Explained: What next for Paytm's banking arm after RBI clampdown?

The Reserve Bank of India (RBI) has ordered the payments bank subsidiary of Paytm to stop accepting fresh deposits in ......

Paytm shares plunge 20% after RBI orders payments bank unit to stop business

Finance

01 February, 2024

Paytm shares plunge 20% after RBI orders payments bank unit to stop business

Shares of Indian payments firm Paytm tumbled 20% on Thursday, after a move by the country's financial regulator to halt ......

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SoftBank headed for a big haircut from one of its showcase India bets

TMT

24 January, 2024

SoftBank headed for a big haircut from one of its showcase India bets

Japan’s SoftBank, known for its big-ticket private equity investments in new age tech companies in the country and who was on ......

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Can MobiKwik re-attain peak valuation in IPO as one investor backs out?

TMT

05 January, 2024

Can MobiKwik re-attain peak valuation in IPO as one investor backs out?

Digital payments company MobiKwik, backed by investors such as Peak XV Partners and Abu Dhabi Investment Authority, would be looking ......

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SoftBank wraps up $375 mn India exit with a profit

TMT

08 December, 2023

SoftBank wraps up $375 mn India exit with a profit

Japanese technology investment goliath SoftBank, which has been on a spree to harvest money from its India portfolio, has completed ......

Banks, NBFCs ask fintech firms to limit tiny personal loans amid RBI scrutiny

Finance

07 December, 2023

Banks, NBFCs ask fintech firms to limit tiny personal loans amid RBI scrutiny

Top Indian banks and non-bank lenders have asked their fintech partners to curtail issuing tiny personal loans, three banking and ......

PE/VC funds, promoters pull out over $12 bn as equity market rallies

Markets

01 December, 2023

PE/VC funds, promoters pull out over $12 bn as equity market rallies

Large shareholders in Indian firms have sold 1.03 trillion rupees ($12.36 billion) in shares so far this year, double that ......

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Berkshire Hathaway signs off from India tech bet with a loss

TMT

24 November, 2023

Berkshire Hathaway signs off from India tech bet with a loss

Veteran American investor Warren Buffett’s Berkshire Hathaway, which that has made only a handful of deals in India, has signed ......

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SoftBank logs another sub-par exit move in India

Infrastructure

17 November, 2023

SoftBank logs another sub-par exit move in India

Japanese technology investment giant SoftBank, which has been on a harvest spree in India having divested shares of Paytm, FirstCry, ......

India's weightage rises in MSCI Global index, to boost foreign inflows

Markets

15 November, 2023

India's weightage rises in MSCI Global index, to boost foreign inflows

Index provider MSCI raised India's weightage in its Global Standard (Emerging Markets) index to 16.3% from 15.9% on Tuesday, a ......