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PayU buys PaySense, to merge it with LazyPay
Nexus Venture Partners, Jungle Ventures, and Rocketship.vc were the other investors in the company, besides PayU.Online payment service provider PayU on Friday announced that it would acquire a controlling stake in PaySense in an…
India’s oil demand growth set to overtake China by mid-2020s: International Energy Agency
The IEA, which coordinates release of strategic petroleum reserves (SPR) among developed countries in times of emergency, said it is important for India to expand its reserves.India’s oil demand growth is set to overtake China by…
Yes Bank drops Braich’s $1.2-billion offer, weighs up Citax Holdings bid
The board has rejected offer made by Erwin Singh Braich even after the Canadian industrialist extended the validity of its offer until January 31, 2020.Yes Bankon Friday informed exchanges that it had decided to drop $1.2-billion…
YES Bank rejects Canada’s Erwin Singh Braich’s moneybags; to raise Rs 10,000 crore on…
The private sector bank also informed the board that it is willing to favourably consider the offer of 0 million from Citax Holdings and Citax Investment Group.YES Bankon Friday said that it has rejected the Canadian investor Erwin…
IDBI Trusteeship drags Reliance Home Finance to NCLT
IDBI Trusteeship has filed application under Section 71(10) of the Companies Act, 2013.IDBI Trusteeship has dragged the troubled lender, Reliance Home Finance (RHF), a subsidiary of Anil Ambani group’s Reliance Capital, to the National…
Markets hit new highs as earnings season kicks off, tensions ease
The Nifty advanced to breach the 12,300-mark for the first time ever but closed off the day’s high.The benchmark Nifty50 hit a new high on Friday, with the onset of the results season and the hopes of de-escalation of the US-Iran…