Paytm Payments Bank board approves Rs 60 cr rights issue

NEw Delhi: The board of Paytm Payments Bank has approved a Rs 60 crore rights issue for its existing shareholders, including Paytm founder Vijay Shekhar Sharma, the firm said in a regulatory filing. “…the consent of the Board is hereby accorded to issue on a right basis, 6,00,00,000 equity shares.


Let us be confident, but let us boast only after...

Chennai: In a veiled dig at the government, former RBI governor Raghuram Rajan said on Tuesday it is.


Government should go slow on public sector bank mergers, says...

Chennai: Mergers can happen between healthy banks and not amongst weak ones and the central government.


Boeing says China to spend over $1 trillion on planes...

Beijing: Chinese airlines are likely to buy more than 7,000 planes worth $1.1 trillion over the next.


Online tools are helping Indian SMEs sell products overseas: Facebook...

new delhi: Online tools are helping small and medium-sized enterprises (SMEs) Indian drive their exports..


India’s domestic air passenger traffic rises over 12% in July

New Delhi: India’s domestic air passenger traffic grew by over 12% in July, a global airline association.


Sebi warns of rising external debt risks as masala bonds...

Mumbai: The rupee-denominated bonds, popularly known as masala bonds, are likely to add to the nation’s.


Coimbatore: Over 22 lakh petition against GST on insurance premiums

Coimbatore: Claiming that insurance industry has been heavily hit by the imposition of 18 per cent GST,.


Reliance Industries forays into new materials, buys Kemrock Industries’ assets

Mumbai: Mukesh Ambani-led Reliance Industries (RIL) on Wednesday announced its foray into the composites,.


Shell company directors siphoning off funds face up to 10-year...

New Delhi: The government said on Wednesday directors or authorised signatories of deregistered companies.