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Well, things weren’t the same as a decade ago, right? From purchasing perishable goods from the marketplace to getting them online within an hour, we have adopted new things along with… Read More

In a significant strategic move, renowned investment firm Berkshire Hathaway, led by legendary investor Warren Buffet, has executed a complete divestment from One97 Communications Ltd, the p… Read More

Berkshire Hathaway Sells Paytm Stake Billionaire Warren Buffett’s company, Berkshire Hathaway, sold its entire stake in Indian fintech One 97 Communications (Paytm) for approximately $… Read More

New Delhi, Nov 24 (PTI) Billionaire Warren Buffet’s Berkshire Hathaway Inc on Friday sold its entire 2.46 per cent stake in Paytm for Rs 1,371 crore through an open market transaction… Read More

Looking to keep up with the most recent developments, discoveries, and trends in modern industries like business, technology, and marketing? You’ve found it! Welcome to the perfect pla… Read More

mkknewsindia MUMBAI: China’s Alibaba Group sold a 3.1% stake in Indian digital payments firm Paytm for a total of $125 million through a block deal on Thursday, a source with direct… Read More

Chinese ecommerce company Alibaba Group has reshuffled the top management and has appointed Eddie Wu as the new chief executive officer (CEO). Wu will replace Alibaba Group C… Read More

Internet Fund III has sold shares worth Rs 387 crore in logistics company Delhivery through a bulk deal. The sell-off comes only a month after Softbank, a major investor in the firm, sold a… Read More

Japanese investor SoftBank has sold 2.8 crore shares in logistics company Delhivery at Rs 340.80 per share to raise Rs 954 crore in a bulk deal transaction.Ac… Read More

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Recent years have seen explosive growth and innovation in the Indian e-commerce industry. The increasing number of online shoppers has given rise to new startups that challenge the market an… Read More

Traders selected the wait-and-watch method in Asia with China’s strict lockdown insurance policies making a comeback. Japan closed larger whereas Hong Kong shed in in the present d… Read More

Chinese billionaire Jack Ma-led Alibaba and Ant Financials have sold their 43.32 percent stake in Paytm E-Commerce Pvt. Ltd. back to the company for just Rs 42 crore (around $5.6 million). I… Read More

What are unlisted equity shares? Unlisted equity shares are investments or monetary instruments that are not recorded in the securities exchange. Since the securities ex… Read More

Flipkart has divested its fintech platform PhonePe into a separate unit, and partially sold a stake in it to its parent company, Walmart, the Indian ecommerce major said on Thursday."Recogni… Read More

Reliance Capital, that until recently owned a 1% equity stake in One97 Communications, the parent company of Paytm, has sold its stake to China-based company, Alibaba, in a deal close to Rs… Read More

Reliance Capital BSE 0.00 % has sold its 1% stake in on-line payments and cellular wallet carrier supplier Paytm to chinese e-commerce large Alibaba and its funds affiliate Ant monetary for… Read More

Back in February, we reported how Anil Ambani’s Reliance Capital was contemplating selling its 1 per cent shareholding in the Delhi NCR-based Read More

Fintech company Paytm on Wednesday said it will finally launch the operations of its payments bank on May 23. “We are in the process of launching Paytm Payments Bank on May 23. We rec… Read More

Flipkart Co-founder Binny Bansal is slated to join PhonePe's board after its spin-off from the Indian ecommerce giant, the fintech company said on Thursday.The board will also include PhoneP… Read More

Reliance Jio has been one of the most talked-about companies lately. Even as India’s economy faces its worst slowdown in 30 years, and industries reel under the coronavirus crisis, Jio… Read More

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India has a long convention of successful entrepreneurs, yet with its own distinct flavor. Rather than the Generation X, who are attempting to climb the corporate ladder since Baby Boomers a… Read More

Nitish Mittersain was seven when he wrote the code for his first game. Hailing from a Marwari family, he was expected to run a business but his family of textile traders didn’t think h… Read More