Explore the latest news, in-depth reports, and executive analysis tagged with #Decentralised Exchange.
The matter relates to Paytm’s December 6, 2023 announcement that it would reduce the distribution of personal loans below Rs 50,000, particularly its postpaid loans.
Chakraborty will oversee the Foreign Exchange Department as well as the Financial Markets Regulation Department.
In today's Money & Machines edition, we write on the return of crypto ban debate; and iMerit's acquisition.
The ED alleged that these platforms advertised instant cross-border money transfer services using cryptocurrencies despite not being authorised payment system operators.
Shareholders participating in the sale include State Bank of India, Canada Pension Plan Investment Board (CPPIB), MS Strategic (Mauritius) Limited, Aranda Investments (Mauritius) Pte Ltd and Bank of Baroda, among others.
The filing comes days after Anthropic raised $65 billion at a valuation of $965 billion, making it the world's most valuable AI startup ahead of OpenAI.
The regulator said entities such as Infinite Beacon, IB Prop Desk and Sispay TFS raised funds while presenting themselves as being associated with the SEBI-registered broker.
The initiative includes a round-the-clock WhatsApp helpline where users can flag suspicious links, platforms, or investment offers before acting on them.
CoinDCX said the FIR is “false” and attributed the case to an impersonation scheme involving individuals posing as the company’s founders.
The stock exchange has been attempting to list since 2016 to provide exit to its investors.
The ESOP buyback will benefit more than 500 former and current employees of CoinDCX.
The IPO comprises of fresh issue of equity shares of up to Rs 660.7 crore, and an offer for sale (OFS) of up to 28.6 million equity shares by shareholders.
The planned share sale will involve issuing new equity worth up to Rs 1,000 crore while allowing early backers to divest roughly 8.8 million existing shares.
In this edition, we chart INR-USD, INR–GBP and INR–CNY over the decades - a simple visual look at how the rupee has changed since 1947.
With its steady track record of giving timely exits to its investors, Fractal marches towards the IPO. But the larger question now is whether Fractal can keep pace with an AI ecosystem...
The exchange's plans to resume operations follows approval of a comprehensive restructuring proposal by a Singapore High Court.
Prior to this funding round, CoinDCX had raised $135 million in April 2022 in a funding round led by Pantera Capital and Steadview Capital Management.
The public issue comprises a fresh share issuance worth Rs 1,020 crore and an offer for sale (OFS) of around Rs 5,000 crore by existing shareholders.
Pine Labs, which competes which other fintech companies such as Paytm, Walmart's PhonePe and Razorpay, had filed draft papers for its IPO in June.
Turtlemint said it has filed the pre-filed DRHP with SEBI and the stock exchanges, in relation to the proposed IPO.
