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Valuations, access to capital spur fintechs' homecoming

 Why are financial-technology (fintech) players moving back to India, or doing the reverse-flipping? Illustration: Uttam Ghosh/Rediff.com The reasons are financial regulation, better access to......

Who will grab the hot seat post Walmart, Flipkart merger?

 If Sachin Bansal sells his stake at a little over 5 per cent and steps down from Flipkart, as reports have suggested recently, either Binny Bansal or Kalyan Krishnamurthy, CEO of Flipkart, could be......

It's really difficult to do biz in India, says Walmart

 Walmart currently runs 20 cash-and-carry stores under brand Best Price across nine states. The Indian market is an opportunity that no foreign or domestic investor can ignore but it is......

Pine Labs' valuation tops $2 bn post funding

 This makes it the most valued fintech company in the country after Paytm and Walmart-owned PhonePe. Unicorn fintech company Pine Labs has raised an undisclosed funding round led by billionaire......

Walmart's $16 bn Flipkart buy is the biggest deal this year

 Sachin Bansal, who had co-founded Flipkart with Binny Bansal in 2007, would exit the company US retailer Walmart's buying 77 per cent stake in Flipkart for $16 billion is the biggest acquisition......

Is India ready for a Poker Sports League?

 Come May, the Deltin Royale, which boasts of the country's largest poker room, will play host to India's first Poker Sports League, reports Veenu Sandhu. IMAGE: Season 1 final of the Poker Sports......

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