ED arrests cryptocurrency trader in Chinese online betting scam case

The Enforcement Directorate has arrested a cryptocurrency trader in connection with its money laundering probe linked to an online Chinese betting scam case that is estimated to be over Rs 1,100......

The newsmakers of 2017

Will Rahul Gandhi be able to serve as a leader of an unifying opposition? Has Mamata Banerjee worked out her ambitions? Could the future belong to non-traditional leaders such as Hardik Patel of......

I-bankers earn record Rs 493 crore from Hyundai IPO

Hyundai Motor India Limited’s (HMIL’s) record Rs 27,870 crore initial public offering (IPO) may not have set the primary market alight with sky-high subscription levels, but it has......

Paytm Apr-Jun quarter loss widens to Rs 840 cr

Fintech firm One97 Communications, which owns Paytm brand, on Friday said its loss has widened to Rs 840 crore in the quarter ended June 30, primarily due to continued impact of restrictions on......

Zomato withdraws NBFC application, says no plans to pursue lending

Food and grocery delivery major Zomato has pulled the plug on its plan to enter the lending business. Photograph: Anushree Fadnavis/Reuters Zomato Financial Services, a wholly-owned subsidiary of......

Back to basics: Paytm's focus is payments and distribution

Paytm, the country’s leading fintech player which had to shut its payment bank business following regulatory action, is revisiting its business strategy including partnership with lenders.......