Bullets

Paytm, the digital payments giant, is giving regulated businesses the cold shoulder after scolding from regulators earlier this year.

Instead of vying for licences like NBFC or insurance, Paytm is turning into a super distributor, partnering with licensed lenders and chilling with its massive user base.  

Is this a strategic shift or a sign of things to come for the fintech world?

Also Read: Is Paytm Going to Lose its Payments Bank Licence?

India's about to become the hottest spot in emerging markets. Starting today (28 June 2024), the country joins an exclusive club, the J.P. Morgan GBI-EM index.

This VIP status could unlock a treasure trove of $25-30 billion (around ₹2.4 lakh crore), but here's the twist: the capital will trickle in slowly over 10 months.

The domestic bonds will hold 10% weightage in which 1% will be added every month from June onwards. The move makes India the 25th market to enter this index.

Tata’s big e-commerce plays, 1mg and BigBasket, are ditching equity funding for loans to fuel their growth.  

1mg got the board’s go ahead to raise funds for offline expansion whereas BigBasket plans to gain $80-100 million (about ₹830 crore).  

Is this a sign of tighter purse strings at Tata or a strategic shift? One thing's for sure, this debt-fueled expansion is sure to shake things up in the online grocery and pharmacy wars.

Also Read: Tata is Bringing an IPO Shower

Infosys CEO Salil Parekh just coughed up $30,000 (over ₹24.9 lakh) to settle insider trading charges.  

What’s interesting here is that Infosys seemed a bit tight-lipped about the reason for the payment but market regulator SEBI cleared the air.

Infosys isn't talking, leaving investors to wonder - is there more to this insider trading settlement than meets the eye?

SBI just raked in a cool ₹10,000 crore by issuing infrastructure bonds. Investors were lining up with bids FOUR TIMES the base issue size of ₹5,000 crore!  

This windfall is earmarked for infrastructure and affordable housing projects.

So, is this a sign of a booming infrastructure sector, or a hunger for higher returns in a shaky market?

Also Read: Is SBI A Safe or Risky Investment Choice?

A hacker named "kiberphant0m" claims to have snagged a whopping 278 GB of your data from BSNL, including super sensitive stuff like SIM card details.

With this intel, they could clone your phone, steal your money, and maybe even know where you live (yikes!).

This is the second security slip-up for BSNL in just six months. So the question is, is your data safe with BSNL? You decide!

A government probe cleared Byju’s of financial shenanigans, but... found some interesting holes in their corporate governance.

The Ministry of Corporate Affairs cleared the edtech firm of wrongdoings like syphoning of funds, manipulation of financials, etc. But found it guilty of bookkeeping.

The jury's still out, but one thing's for sure: Byju's needs a sharper pencil to get their books in order.

Also Read: The Fall of Edtech Giant "Byju's"

Flipkart was interested in buying significant stakes in Swiggy. Apparently, talks of a marriage (merger) were on the table, but a disagreement over the dowry (valuation) left them single.  

Prosus was also included as it was planning on divesting its stakes in the food giant. Intriguingly, Swiggy is now prepping for a public debut.  

Was Swiggy’s IPO plans a strategic shift or a consolation prize?

Prosus, a big investor in Byju's just wrote off its entire stake of 9.6%.  

Prosus highlighted Byju’s comprehensive loss of $493 million (about ₹4,091.9 crore) in the current year.

Could this be the end of the edtech boom or just a bump in the road? Only time will tell... and maybe the bankers.

Byju's, the edtech giant, is in hot water again. The cash-strapped company is challenging a court order blocking their attempt to raise more funds.

But here's the twist: they're not going through the usual channels! The Karnataka High Court will weigh in on the matter today.

Is this a strategic move or a sign of deeper trouble for Byju's?

Swiggy, the food delivery giant, is celebrating a decade of business with a 24% revenue surge! Their secret recipe?

A growing user base of over 104 million, higher average order value, and a dash of strategic extras like restaurant ads. Swiggy's even considering an IPO to raise $1.25 billion (around ₹10,375 crore).

Would you be interested in investing in Swiggy’s IPO? Read this article to make an informed decision.

Grocery delivery startup Zepto just snagged a cool $665 million (₹5,519.5 crore), doubling their valuation to a hefty $3.6 billion (₹29,880 crore).

This massive funding round hints at an IPO on the horizon, but with 75% of stores already profitable, is Zepto about to rewrite the quick commerce rulebook?

We'll find out in 12-15 months, but one thing's for sure - Zepto is speeding towards something big.

Hold onto your credit cards, folks! The RBI wants to stop bill payments through third-party apps from next month.

They have a grand plan to centralise everything under Bharat Bill Payment System (BBPS), but here's the twist: most major banks aren't even on it yet! This raises multiple questions like:

• Will we be stuck with clunky net banking or auto-debit?
• Will our favourite payment apps lose their credit card crown?
• The RBI's on a mission for control, but is the industry ready to follow suit?

Also Read: How much should you pay on your credit cards?

Forget Google Play Store, PhonePe's desi app store, Indus Appstore, is wooing smartphone giants for a pre-installation spot.  

This Indian challenger boasts over 2 lakh apps and aims to reach a whopping 150 million users by year-end.

With deep developer partnerships and a focus on local tastes, is Indus Appstore the next big thing, or just another app store in a crowded market?

India's banking giant, State Bank of India, is on a fundraising spree! They're looking to raise a whopping ₹20,000 crore by selling long-term bonds.

But who will get these bonds - the public or private investors? SBI is staying silent on that for now.  

Is this a sign of big plans in the pipeline, or just business as usual? Only time will tell...

Ixigo's parent company, Le Travenues Technology, rocketed on the stock market with a near 50% jump from its IPO price.

Le Travenues Technology listed at a premium of 48.5% to the IPO price of ₹93. The founders hinted at a possible bigger offering, leaving investors curious.

Looks like the rollercoaster ride of Ixigo’s founders took a grateful lunge from bankruptcy to successful public listing. How the firm responds now onwards will be interesting to see

The hospitality startup Oyo is in talks to raise ₹1,000 crore, not from big banks, but from the family offices of Indian bigwigs.

After Oyo pulled back its IPO draft last month, Corporate experts and market players are stepping up to fund the hospitality firm.

Is this a sign of a comeback, or are they betting on a steal?

Also Read: How does Oyo Rooms make money?

Zomato is in talks to acquire Paytm's movie and ticketing business, hinting at a super app for all your going-out needs.

The food delivery giant is interested in further strengthening its position in the consumer market. This deal could value Paytm’s vertical at ₹1,600-1,750 crore.

But is this a match made in consumer convenience heaven, or a recipe for app overload?

TCS, a major IT player, just got hit with a hefty $194.2 million fine (around ₹1,611.8 crore) for allegedly borrowing a competitor's secret sauce.

Accused of swiping trade secrets from DXC Technology, TCS faces not only re-paying the damages but also a hefty "exemplary damages" fee.

Did their secret sauce turn out to be a little too secret, or is there more to this tech tale?

Also Read: Infosys Vs TCS

Hyundai might be revving up for India's biggest IPO ever. Hyundai will offer 142 million shares making around 17.5% of its stakes as per the filed IPO draft.

The Korean car giant is looking to sell a chunk of its Indian unit, marking the first public offering by a carmaker in India since Maruti Suzuki in 2003!

Will this IPO shift gears for the Indian auto market, or is it just another joyride for investors?

Interested in IPOs? Read about the upcoming IPOs in 2024.