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To win the deep-tech race, India needs ‘General Innovation Rules’India is launching ambitious science initiatives. However, current financial rules designed for conventional procurement hinder R&D. A new ...
A shadowy Oman-Iran plot provoked Trump’s “blow ’em up” threatUS President Donald Trump has sent a stark message to the Sultanate of Oman, warning of potential military repercussions should it move for...
Elevation Capital sells Rs 964 crore Paytm Shares via block dealsOver the past nearly two years, Elevation Capital and AntFin — the financial affiliate of Alibaba Group, have emerged among the biggest sel...
Elevation Capital offloads around Rs 964 crore worth of shares in PaytmElevation Capital, an early investor in Paytm, has sold shares worth Rs 964 crore through block deals. This follows a trend of early invest...
SpaceX, the sprawling company targeting the stars, Mars and an IPOSpaceX, founded by Elon Musk, is now a dominant force in the commercial space industry, aiming for Mars colonization and Moon missions with...
Stocks in news: RIL, IDFC First Bank, Paytm, Sun Pharma, Manappuram FinanceIndian markets faced pressure extending a corrective phase. Key companies like RIL, IDFC First Bank, and Paytm reported their financial res...
Spanish proverb of the day: 'Don’t sell the skin of the bear before you hunt it'-The Spanish Proverb that warns against premature assumptionsSpanish proverb of the day: The Spanish proverb, "Don't sell the bear's skin before you hunt it," cautions against premature celebration an...
Banks' gross NPA's to stay range-bound at 2.0-2.2 per cent by March 2027 despite West Asia risks: CrisilIndian banks are likely to keep asset quality under control over the next two years, with gross non-performing assets (NPAs) projected at 2...
Paytm’s cap table turns Indian: What changes now?Domestic investors now own 50.3% of the digital payment firm's equity, marking a transition to majority Indian ownership and control. This ...
Meta pulls ads aimed at recruiting plaintiffs for social media addiction lawsuitsAt the end of March, a Los Angeles jury found Meta and Alphabet's Google liable for a young woman's depression and suicidal thoughts afte...
IMF to cut global growth forecast due to Mideast warWest Asia War: The International Monetary Fund will reduce global growth predictions because of the Middle East war. IMF chief Kristalina G...
Ant Financial to net nearly 6X return on investment from Zomato parent stake saleAnt Financial, an Alibaba affiliate, plans to sell its remaining stake in Eternal. This sale will occur through block deals. The deal is ex...
Why Ant Financial is reducing its Paytm stake amid rising geopolitical tensionsChinese fintech giant Ant Financial offloads shares worth Rs 2,200 crore in Paytm amid continued stake reduction. The news triggered a sign...
Paytm shares fall 5% after Ant Financial likely offloads 4.1% stake via block dealsAnt Financial, a subsidiary of Alibaba, is reportedly planning to sell Paytm shares worth ₹2,200 crore through block deals, offering them a...
Ant Financial to raise a $1 billion Startup Investment FundChina’s largest internet finance operator is bankrolling expansions outside of China to arrest slowing growth at home, where it is also bat...
Ant Financial may set terms for Zomato’s $500 million roundKey stakeholder may push food-delivery firm to forge a closer relationship with its portfolio company Paytm.
Ant Financial gets rights for biggest pie in ZomatoThe agreement is a part of Ant Financial’s $200 million investment in Zomato in February, as per its updated Articles of Association.
Ratan Tata's RNT to invest $150 mn in Ant Financial ServicesThe proposed investment in Ant Financial will be the first known investment outside India for the UCRNT Fund.
At $150 billion valuation, this fintech firm is all set to dethrone Uber as world’s most valuable startupAnt Financial, in which Alibaba plans to acquire a one-third stake, controls the country’s premier mobile payments service and money market...
Jack Ma’s Ant Financial Plans to Buy 20% Stake in Ascend MoneyAn investment into Ascend Money, parent of True Money and Ascend Nano, would help Ant Financial expand its online payments and small loans ...