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As the price of bitcoin falls, Jack Dorsey’s Block slows hiring and investment-thumnail

As the price of bitcoin falls, Jack Dorsey’s Block slows hiring and investment

Block, formerly known as Square, fell nearly 6% in extended trading on Thursday. Block Inc, led by Jack Dorsey, said it has slowed hiring and will reduce its investment target

Finance

Aug 5, 2022

Adani Enterprises to acquire Gujarat Road and Infrastructure Company and Swarna Tollway from Macquarie Fund-thumnail

Adani Enterprises to acquire Gujarat Road and Infrastructure Company and Swarna Tollway from Macquarie Fund

Adani Road Transport, a subsidiary of Adani Enterprises, will acquire Gujarat Road and Infrastructure Company and Swarna Tollway for around Rs 3,110 crore from Macquarie Asia Infrastructure Fund, the company

Finance

Aug 5, 2022

New York based hedge fund Tiger Global have a stake in Zomato-thumnail

New York based hedge fund Tiger Global have a stake in Zomato

The New York-based hedge fund sold more than 184 million shares, or 2.34%, of Zomato, between 25 July and 2 August in the open market, it said in a stock

Finance

Aug 5, 2022

Federal bank first to list its payment gateway on new platform-thumnail

Federal bank first to list its payment gateway on new platform

The TIN 2.0 platform went live on July 1 this year and the “Payment Gateway” has been enabled, providing one more payment option to taxpayers, who can now make their

Finance

Aug 4, 2022

For holders of tier-2 NPS accounts, credit card contributions are no longer accepted-thumnail

For holders of tier-2 NPS accounts, credit card contributions are no longer accepted

Following this decision, NPS tier-1 account holders will still be able to pay using a credit card, however, tier-2 account holders will no longer have access to this feature. The

Finance

Aug 4, 2022

<strong>Fintech unicorn BharatPe appoints Nalin Negi as CFO; in a bid to attain profitability before the upcoming IPO.</strong>-thumnail

Fintech unicorn BharatPe appoints Nalin Negi as CFO; in a bid to attain profitability before the upcoming IPO.

“The next couple of years is exciting as the company aims to hit profitability and go public and build India’s first truly Digital Bank. I am looking forward to partnering

Finance

Aug 4, 2022

<strong>Rajnish Kumar: BharatPe profitability in 10 months, IPO in 2 years</strong>-thumnail

Rajnish Kumar: BharatPe profitability in 10 months, IPO in 2 years

In an interview with Mint, BharatPe chairman Rajnish Kumar stated that from the company’s standpoint, there has been a complete change in corporate governance. BharatPe, a fintech company, is transitioning

Finance

Aug 4, 2022

BharatPe Co-founder ends association with the company over disagreement with CEO-thumnail

BharatPe Co-founder ends association with the company over disagreement with CEO

“You should not file any lawsuit against a shareholder. We are looking for a settlement with Ashneer,” the person aware of the discussion between Koladiya and the company added, requesting

Finance

Aug 3, 2022

PayPal reveals Elliott’s $2 billion stake and names a new CFO-thumnail

PayPal reveals Elliott’s $2 billion stake and names a new CFO

PayPal shares rose nearly 12% after the company announced a slew of changes, including the appointment of Blake Jorgensen as the new chief financial officer and a $15 billion share

Finance

Aug 3, 2022

Zomato shares have dropped following large block deals-thumnail

Zomato shares have dropped following large block deals

Zomato shares fell as much as 10% in opening deals on the BSE, as the stock saw massive block deals. Shares of Zomato Ltd fell as much as 10% on

Finance

Aug 3, 2022

Five significant financial issues that require your attention in August-thumnail

Five significant financial issues that require your attention in August

August has a lot going on, including the RBI’s announcement of its monetary policy, fines for filing income tax returns after the deadline, wise purchasing advice, and fines for early

Finance

Aug 1, 2022

PayPal Access in Indonesia Restored Temporarily After Blocking Due to Licensing Rules Sparks Backlash-thumnail

PayPal Access in Indonesia Restored Temporarily After Blocking Due to Licensing Rules Sparks Backlash

On Saturday, Indonesia blocked access to PayPal, Yahoo, and several game services for failing to meet a licensing deadline. A senior official said on Sunday that Indonesia temporarily opened access

Finance

Aug 1, 2022


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