PhonePe tops other payment apps with highest growth in UPI transactions in 2019
UPI had an upper hand in comparison to credit cards and net banking throughout the year ,UPI transactions from leading payment apps including Paytm, PhonePe, GooglePay, Bhim and bank UPI apps in 2019 grew by 884 per cent from 2018 with…
Exim Bank hits global bond markets with $1-billion issue
EXIM Bank confirmed that it is in the market but did not divulge specific details about the issue.(Representative image)The Exim Bank is in the international debt markets with a USD 1-billion issue under its USD 3-billion medium-term…
Supreme Court asks Nusli Wadia, Ratan Tata to resolve differences in defamation case
To this, the bench said that it does not understand as why he (Wadia) is going to pursue the suit.The Supreme Court Monday asked Bombay Dyeing chairman Nusli Wadia and Ratan Tata, chairman emeritus of Tata Sons, to sit together and…
Adani Ports & SEZ rating ‘neutral’: KPCL deal in likely to be value-accretive
We view the deal to be value-accretive, based on management estimates, as our TP of Rs 430 for ADSEZ implies an EV/Ebitda multiple of 10.3x on FY21F numbers.ADSEZ announced on January 3, 2020 that management has entered into an agreement…
Tata Steel ‘can’t keep funding losses’ at UK’s loss-making Port Talbot…
Tata Steel acquired the Anglo-Dutch steel-giant Corus in 2007 for 6.2 billion pounds.The chairman of the Tata group N Chandrasekaran has said the steel conglomerate cannot have a situation where India keeps funding the mounting losses at…
Yes Bank may get replaced by Shree Cement or Dabur India in the Nifty Index
According to the Nifty Index inclusion criteria, the stock should be a part of the F&O segment.Shree Cement or Dabur India may replace Yes Bankin the Nifty Index, according to the latest Edelweiss report. It is expected that Index…