Paytm to raise Rs 12,000 crore via fresh equity, remove Sharma's promoter tag
One97 Communications, the parent company of Paytm said the company intends to raise Rs 12,000 crore ($1.6 billion) by issuing fresh equity. The company’s much-awaited IPO is expected to come by November this year. This, among other things, will be on the agenda at an extraordinary general meeting (EGM) scheduled to be held in Delhi on July 12. READ MORE...
RBI allows Centrum to set up small finance bank, paves way for takeover of PMC Bank
Paving the way for takeover of crisis-ridden Punjab