Exclusive

Publication

Byline

Location

Singapore HC Rejects WazirX Restructuring Plan

India, June 5 -- WazirX took a major hit after the Singapore High Court rejected a proposed restructuring plan submitted by its parent entity Zettai Pte Ltd. The company submitted the plan in Novembe... Read More


WazirX Sets Up Panama Entity To Escape Singapore Crypto Noose

India, June 4 -- Nearly a year after a cyber attack wiped out nearly $235 Mn from one of its wallets, Indian crypto exchange WazirX has incorporated an entity in Panama by the name of Zensui Corporati... Read More


Dixon Seeks Govt Nod To Partner China's HKC For Module Unit

India, June 4 -- Homegrown electronics manufacturer Dixon Technologies is reportedly seeking a partnership with China's HKC for its display module manufacturing unit and has sought the Indian governme... Read More


[Update] Hyundai & Kia Offload Stakes Worth INR 689 Cr In Ola Electric

India, June 3 -- Update | June 3, 10:17 PM Hyundai Motor Company and Kia Corporation together offloaded more than 13.6 Cr shares in electric vehicle (EV) maker Ola Electric in multiple bulk deals wor... Read More


Morgan Stanley Raises Q-Comm Market Forecast To $57 Bn, Bets On Eternal

India, June 3 -- The Indian quick commerce market will reach $57 Bn by 2030, according to revised estimates by global brokerage firm Morgan Stanley. It had earlier projected the total addressable mark... Read More


Ola Electric Shares Slump 7% On Block Deal Buzz

India, June 3 -- Shares of Ola Electric slumped as much as 7.05% to INR 49.90 during early trading hours on the BSE today amid report of a block deal in the counter. While BSE data did not show any b... Read More


Telcos Flay TRAI's Satellite Spectrum Charges

India, June 2 -- Telecom players have reportedly flayed the Telecom Regulatory Authority of India's (TRAI) recommendation that satellite spectrum be charged at 4% of adjusted gross revenue (AGR). As ... Read More


Ola Electric Shares Crash 10% After Q4 Results

India, May 30 -- Shares of Ola Electric slumped as much as 9.7% to INR 48.07 during early trading hours on the BSE today, after the company reported its Q4 FY25 financial results. However, by 11:35 A... Read More


Cloud Payments Made To AWS Are Not Taxable As Royalty Or Technical Fees: Delhi HC

India, May 30 -- The Delhi High Court has reportedly ruled that payments received by Amazon Web Services (AWS) from Indian entities for cloud computing services are not taxable as royalty or fees for ... Read More


IFC Commits $30 Mn To L Catterton's $600 Mn India Fund

India, May 28 -- The International Finance Corporation (IFC), the private investment arm of the World Bank, has proposed a $30 Mn infusion in India-focussed consumer fund launched by L Catterton Asia ... Read More