Payments Council of India re-elects Vishwas Patel as chairmanSrinivasu founded BillDesk twenty years ago along with Ajay Kaushal and Karthik Ganapathy, his colleagues at Arthur Andersen. He led the co...
25 Mar, 2022, 06.00 AM IST
Indian trio reap $500 million each selling payments startupIn an age where every funding round is touted in press statements and staff parties, Prosus-owned PayU found itself having to take complete...
02 Sep, 2021, 03.48 PM IST
Failure rate in debit transactions could mean economy not out of woods yetThe high failure rates in debit payments in June have surprised analysts who had expected it to come down as restrictions in economic activ...
13 Jul, 2021, 06.35 AM IST
J.P. Morgan ties up with BillDesk for online payments partnershipThrough this partnership, J.P. Morgan’s clients in India will be able to independently initiate statutory and utility payments online with ...
05 Apr, 2021, 08.38 PM IST
Pay cuts, job losses may lead to defaults on unsecured loansBanks have offered customers a moratorium on payment of loan instalments for three months starting March. However, customers will have to p...
07 Apr, 2020, 06.46 AM IST
Fiscal pressures prompt Modi govt to raise money from finance sectorGovt skipped injecting fresh capital into lenders for the first time since it came to power in 2014.
03 Feb, 2020, 08.03 PM IST
Visa takes minority stake in Billdesk, valuation hits $1.8 billionVisa’s investment and collaboration will help BillDesk develop new product lines for its payments and loyalty businesses.
16 Nov, 2018, 11.28 PM IST
RBI may question Kotak Mahindra Bank's preference share issueAs per RBI guidelines promoter group shareholding shall be 15% of paid-up capital.
04 Aug, 2018, 09.54 AM IST
Visa may invest in BillDesk, valuing co at $1.5-2 billionFor Visa, an investment in BillDesk would help the American firm cement its position in the payments ecosystem in India.
25 Jun, 2018, 09.21 AM IST
Housing finance cos scorch the charts on upgrade hopesInvestors expect boost in demand after govt's housing push & regulatory easing; long-term return potential draws investors.
26 Apr, 2017, 12.15 PM IST
Usher in a new yuga of harmony through yoga: PM Narendra ModiStating that the family of Lord Shiva is a symbol of harmony in diversity , Modi said India too is a nation of unparalleled diversity.
25 Feb, 2017, 09.22 AM IST
HDFC Bank lets go of 4,500 employees in Q3, may go slow on hiringThe employee reduction is probably the largest by the bank in a single quarter and is likely to continue if the economic recovery does not ...
26 Jan, 2017, 09.58 AM IST
General Atlantic picks up 20% stake in BilldeskGlobal private equity investor General Atlantic has picked up 20% stake in online payment gateway solutions provider Billdesk for $120 mill...
15 Mar, 2016, 05.35 PM IST
BillDesk to raise $200 million at $1 billion valueillDesk plans to explore inorganic growth as consolidation is likely to play out in the emerging online payment gateway sector.
30 Oct, 2015, 04.57 PM IST
Private equity fund TA Associates to grow holding in BillDesk with Rs 450 crore infusionIn 2012, TA Associates purchased a minority stake from State Bank of India and Clearstone Venture Partners for an undisclosed sum.
30 Mar, 2015, 10.50 AM IST
General Atlantic in talks to acquire minority stake in BillDeskPE firm General Atlantic is in talks to acquire a minority stake in e-payment processing company BillDesk, which pioneered online bill paym...
23 Oct, 2012, 05.00 AM IST
- FIIs uneasy over Sebi rule against financial forecast by IPO cos
Several foreign institutional investors have approached Sebi to express their unease over the clause in the recent Sebi guidelines that ban...
29 Sep, 2009, 01.14 AM IST