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As part of the September 30 settlement, BharatPe has withdrawn both civil and criminal complaint against Grover and his family.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. Payments Council of India reappoints CCAvenue's Vishwas Patel as chairperson

  2. Avanse Financial Services raises $200 million in debt via ECB

  3. Motilal Oswal Mutual Fund hikes stake in Paytm

  4. Kiwi raises $23 million in Series B funding led by Vertex Ventures

  5. Kissht files draft paper for IPO, eyes Rs 1,000 crore via fresh issue
  6. Read more news...

AI/Emerging Tech

  1. OpenAI appoints ex Coursera exec Raghav Gupta as education vertical head for India, APAC

  2. Meta strikes licensing deal with Midjourney

  3. OpenAI warns against unauthorized investment vehicles

  4. Google inks cloud computing deal worth $10 billion with Meta

  5. OpenAI's chief people officer Julia Villagra steps down
  6. Read more news...

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