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Settlement

RBI vs Government: The battle over India’s digital payments ecosystem explained

RBI vs Government: The battle over India’s digital payments ecosystem explained

28 May 2025, 17:01 PM

A decade-old debate ends with government formalizing oversight of payments through Payments Regulatory Board, redefining roles across RBI, NPCI and fintech.

Former Paytm official, directors pay Rs 3.32 crore to settle case with Sebi

Former Paytm official, directors pay Rs 3.32 crore to settle case with Sebi

18 Jan 2025, 17:04 PM

According to Sebi, directors failed to discharge duties with unbiased approach while decision-making with respect to matters involving benefits to Paytm CEO Vijay Shekhar Sharma.

Delhi High Court quashes EOW FIR against Ashneer Grover, and his wife

Delhi High Court quashes EOW FIR against Ashneer Grover, and his wife

11 Nov 2024, 21:07 PM

As part of the September 30 settlement, BharatPe has withdrawn both civil and criminal complaint against Grover and his family.

Inside the BharatPe-Ashneer Grover Settlement: Unveiling the Behind-the-Scenes Drama

Inside the BharatPe-Ashneer Grover Settlement: Unveiling the Behind-the-Scenes Drama

11 Oct 2024, 17:01 PM

And for those curious minds, The Head and Tale has learnt that the settlement wasn’t unanimous.

[Exclusive] The End: Ashneer Grover reaches a settlement with BharatPe; sources

[Exclusive] The End: Ashneer Grover reaches a settlement with BharatPe; sources

30 Sep 2024, 10:55 AM

As part of the settlement, Grover is also returning shares to co-founder Bhavik Koladiya, resolving the share ownership dispute.

Fintech Highlights

  1. UPI transactions hit record 19.47 billion in July

  2. Shark Tank startup Plus Gold shuts shop

  3. Software engineer held in connection with $44 million CoinDCX crypto hack

  4. PB Fintech revenue slips sequentially to Rs 1348 crore in Q1 FY26

  5. MobiKwik's Q1 FY26 revenue falls 21% yoy amid financial services slowdown

  6. Read more news...

AI/Emerging Tech

  1. Google rolls out Deep Think for Gemini app

  2. SiMa.ai raises $85 million led by Maverick Capital

  3. AI startup Anaconda raises $150 million in Series C led by Insight Partners

  4. India, China fuel Asia’s GenAI app downloads to 684 million in H1 2025

  5. Thinking Machines Lab employees rebuff Meta's offer as high as $1 billion

  6. Read more news...

Editor's Pick

  1. Complaint filed with SEBI against hBits over disclosure concerns amid family feud

  2. Pine Labs IPO Playbook: Between DRHP Gloss and Ground Reality

  3. RBI vs Government: The battle over India’s digital payments ecosystem explained

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