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As part of the September 30 settlement, BharatPe has withdrawn both civil and criminal complaint against Grover and his family.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. RBI imposes Rs 21 lakh penalty on PhonePe for compliance lapses

  2. PhonePe rolls out ESOP buyback of Rs 700-800 crore ahead of IPO

  3. CoinDCX sees more top-level executive exits

  4. Avanse net profit jumps 47% to Rs 502 crore in FY25

  5. PhonePe, SIDBI team up to digitize Udyam Assist registration for micro enterprises
  6. Read more news...

AI/Emerging Tech

  1. OpenAI set for restructure under non-binding deal with Microsoft

  2. Mistral AI attracts $2 billion in Series C led by ASML

  3. Cognition AI raises $400 million in new funding led by Founders Fund

  4. Former Scale AI executive founded AI startup Isotopes AI bags $20 million in seed funding

  5. OpenAI acqui-hires Xcode coding assistant Alex
  6. Read more news...

Money & Machines

  1. What India's Gaming Ban Reveals About UPI; Why RBI wants AI to Fix Finance

  2. Journalism was already dying — AI wasn't the culprit

  3. IRCTC enters payments where giants bleed; RIP of RIP in AI

  4. Fintech founders shaping policy; India on AI map?

Editor's Pick

  1. Jio’s third attempt at payments: Can Mukesh Ambani finally crack the merchant code?

  2. Exclusive: ICICI Bank breaks zero-fee UPI model, starts charging payment aggregators

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