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ED fails to find breaches in Paytm Payments Bank's overseas transactions so far

TMT

19 February, 2024

ED fails to find breaches in Paytm Payments Bank's overseas transactions so far

An investigation into possible foreign exchange violations at Patym Payments bank by India's financial crime fighting agency has not yet ......

SpiceJet's Ajay Singh submits bid for GoFirst

Infrastructure

16 February, 2024

SpiceJet's Ajay Singh submits bid for GoFirst

Indian budget carrier SpiceJet Managing Director Ajay Singh, in his personal capacity, and Busy Bee Airways have jointly submitted a ......

RBI asks Visa, Mastercard to stop B2B payments via fintech platforms

Finance

15 February, 2024

RBI asks Visa, Mastercard to stop B2B payments via fintech platforms

India's central bank has asked Visa and Mastercard to stop card-based business-to-business payments such as rents or money transfer to ......

Hyundai seeks expansion, higher valuation with $3 bn India IPO

Manufacturing

14 February, 2024

Hyundai seeks expansion, higher valuation with $3 bn India IPO

Hyundai Motor's planned $3 billion IPO in India will help the carmaker score two goals in one go: expand in ......

Enforcement Directorate seeks overseas transaction details from Paytm Payments Bank

TMT

14 February, 2024

Enforcement Directorate seeks overseas transaction details from Paytm Payments Bank

India's financial crime fighting agency is seeking details on overseas transactions from Paytm Payments Bank, a unit of one of ......

Paytm shares hit fresh lows as Macquarie sees 'arduous' path for payments firm

Finance

13 February, 2024

Paytm shares hit fresh lows as Macquarie sees 'arduous' path for payments firm

Paytm's shares dropped 10% to a new record low on Tuesday, after brokerage Macquarie said the Indian payments firm faces ......

SoftBank-backed Eruditus may shift domicile to India for IPO

Consumer

13 February, 2024

SoftBank-backed Eruditus may shift domicile to India for IPO

SoftBank-backed Indian educational technology firm Eruditus is planning to shift its domicile from Singapore to India for a stock market ......

Manipal Hospitals backer Novo Holdings to invest $35 bn over next six years

Healthcare

12 February, 2024

Manipal Hospitals backer Novo Holdings to invest $35 bn over next six years

Novo Holdings, the controlling shareholder of Danish obesity drugmaker Novo Nordisk, plans to invest about $35 billion by 2030, CEO ......

RBI declines to review Paytm Payments Bank issue

TMT

12 February, 2024

RBI declines to review Paytm Payments Bank issue

India's central bank will not review its recent regulatory action taken on Paytm Payments Bank, Governor Shaktikanta Das said on ......

SEBI steps up scrutiny of IPO documents

Markets

12 February, 2024

SEBI steps up scrutiny of IPO documents

India's market regulator is increasing scrutiny of issue documents filed by companies going public, four sources said on Monday, amid ......