PayU calls off $4.7 bn acquisition of BillDesk

Prosus NV, which owns PayU, has terminated a $4.7 billion (about Rs 38,400 crore) deal to acquire Indian payments firm BillDesk, saying certain conditions precedent were not met. IMAGE: Anirban......

PayU Payment's acquisition of BillDesk gets CCI nod

Competition Commission of India (CCI) on Monday granted its approval for the acquisition of 100 per cent equity of indiaideas.com (BillDesk) by PayU Payments. IMAGE: Anirban Mukherjee, CEO of PayU......

Why Should Govt Be In Fintech?

The temptation to get into businesses that are hot is perhaps too great for any politician, no matter what his public slogans are.Nehru plunged into hot sectors of his time -- engineering and iron......

New recurring payment norms: 4 weeks later, people still face disruptions

More than three weeks have passed since the Reserve Bank of India’s (RBI's) new guidelines on e-mandates for recurring payments came into effect but consumers are still taking to social media......