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Adani-Paytm Deal: Both One97 Communications and Adani Group deny reports as ‘baseless’ and ‘speculative’

Gautam Adani-led conglomerate Adani Group has denied reports that it is in talks with Vijay Shekhar…

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2 mins read

Samsung Wallet gets ticket booking services as it partners with Paytm

Consumer electronics brand Samsung has partnered with One97 Communications, the parent company of P…

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6 mins read

Not just small investors, even Alibaba-owned ANT Group and Softbank have lost money on Paytm

All the retail investors who lost money on Paytm’s public issue, it may bring you some solace that …

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4 mins read

Vijay Shekhar Sharma: The controversies of the architect of fintech

Vijay Shekhar Sharma, one of the most recognised faces of India's fintech industry, has seen a fair…

PTI   


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Japanese investment bank Daiwa to buy minority stake in Ashok Wadhwa’s Ambit

With the stake sale, Ambit will gain access to Daiwa’s global network, which is one of the large…

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Singapore Airlines to get 25.1% stake in enlarged Air India group

The November 2022 deal between Singapore Airlines and Tata Sons to further inject USD 267 million i…

ANI   


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Jack Ma's Ant Group is targeting a record $34 billion IPO. Warren Buffett's Berkshire Hathaway stands to gain from its public debut

The Alibaba cofounder's fintech and the famed investor's conglomerate are both investors in StoneCo…

Theron Mohamed   


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1 min read

Embattled Chinese billionaire Jack Ma may divest his Ant Group stake and give up control, reports say

In the wake of his public comments about financial regulations, Jack Ma may potentially exit his An…

Kevin Shalvey   


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Ant Group's $35 billion IPO could be back in play because it plans a JV with China-backed firms, report says

Chinese regulators had ordered Ant Group to restructure before allowing the fintech giant to comple…

Sophie Kiderlin   


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Warren Buffett's Berkshire Hathaway could bag a 60% profit when Paytm goes public

The billionaire investor's company plans to sell at least some of its 2.8% stake in Paytm when the …

Theron Mohamed   


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Fidelity cuts Ant Group's valuation in half to $144 billion after regulatory crackdown in China

Ant Group had been valued at nearly $300 billion by Fidelity ahead of its anticipated IPO, which wa…

Matthew Fox   


Allana Akhtar   


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1 min read

Jack Ma is set become the world's 11th-richest person on Ant Group's IPO, leapfrogging heirs to L'Oreal and Walmart with his $71.1 billion fortune

Jack Ma's fortune rose by an estimated $27 billion following share pricing for Ant Group's November…

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