After Flipkart’s board gave approval to hive off PhonePe, paving the way for a solo fund-raise, the payments platform is in talks to raise about $1 billion from marquee investors like China’s Tencent and Tiger Global, three people aware of the development said.
Amazon may give your payments data to governmentAmazon may share users’ payments data with Indian government authorities and enforcing agencies, when required, according to its privacy policy listed… Read MoreMany bad loans originated between 2006-2008: Rajan
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via IFTT… Read MoreRBI nominee on banks' boards create illusion of regulatory control: RajanThe Parliamentary Committee on Estimates had invited Raghuram Rajan to brief it on the matter after former chief economic advisor (CEA) Arvind Subrama… Read More'Government policies pose biggest risk to India Inc in next 3 years'Government policies pose the biggest risks for companies over the next three years, followed by cybersecurity and technology disruptions, a survey of … Read MoreRupee crashes to fresh record low of 72.69The rupee had a positive start and touched a high of 72.25 versus the dollar in early morning deals. Any policy response other than the RBI's interven… Read More
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