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......

Nasper-backed PayU in talks to acquire BillDesk for up to $4 billion

BillDesk founded in 2000, by a team of ex-Arthur Anderson professionals, handles 50-60 per cent of billing transactions in India. Nasper-backed fintech firm PayU has started talks to acquire......

This deal will see the single-biggest outflow of foreign capital from India

The much-talked-about sale of Ambuja Cement and ACC by Holcim Group will see the single-biggest outflow of foreign capital from the country if the two cement firms are acquired by Indian investors.......

4 IPOs to watch out for in 2022

Once stability returns to the secondary market, companies that have obtained approval from  Sebi will start tapping the market. Sundar Sethuraman & Samie Modak report. Illustration: Dominic......