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Walmart-owned PhonePe calls off deal to acquire fintech startup ZestMoney

Walmart-owned PhonePe calls off deal to acquire fintech startup ZestMoney

Rediff.com31 Mar 2023

Walmart-owned digital payments firm PhonePe has decided to halt its proposed acquisition of Goldman Sachs- and Xiaomi-backed ZestMoney, a Bengaluru-based buy now, pay later (BNPL) platform. The deal, which was poised to fetch anywhere between $150-200 million and $300 million, has hit a snag over lapses in due diligence, disagreements over valuation, sustainability of the business, and shareholding structure of ZestMoney, according to people familiar with the matter. The collapse of the deal is also being attributed to a slowdown in the financial technology (fintech) sector in the midst of a funding winter, difficult regulatory environment, and macroeconomic uncertainty, informed other sources.

Birthday girl Shafali targets U-19 T20 World Cup title

Birthday girl Shafali targets U-19 T20 World Cup title

Rediff.com28 Jan 2023

Batting sensation Shafali Verma will chase history when she leads India against England in the first-ever ICC Under-19 Women's T20 World Cup final on Sunday.

Indian American police officer's killer gets death sentence

Indian American police officer's killer gets death sentence

Rediff.com27 Oct 2022

Robert Solis, the man convicted of murdering Sandeep Dhaliwal, the first turbaned Indian-American Sikh police officer in the US state of Texas while making a traffic stop in 2019, has been sentenced to death, according to a police official.

Texas man convicted for killing first turbaned Sikh police officer

Texas man convicted for killing first turbaned Sikh police officer

Rediff.com18 Oct 2022

A man, who was found guilty of capital murder for gunning down Deputy Sandeep Dahliwal, the first turbaned Indian-American Sikh police officer in the United States state of Texas in 2019, has been convicted by a court in Houston.

Saani Kaayidham Review

Saani Kaayidham Review

Rediff.com6 May 2022

There have been several films in which we have seen the victim/s resorting to unlawful means to seek justice. What sets Saani Kaayidham apart is the way it feeds your imagination with disgust, followed by anger and revenge, observes Divya Nair.

Eternally Confused and Eager for Love Review

Eternally Confused and Eager for Love Review

Rediff.com18 Mar 2022

Director Rahul Nair's gabby comedy looks at the difficulty of dating in the digital age in a manner that's equal parts shallow and silly, notes Sukanya Verma.

'Student life is very good in Ukraine'

'Student life is very good in Ukraine'

Rediff.com4 Mar 2022

'There is a healthy culture of learning.'

Dil Bekaraar review

Dil Bekaraar review

Rediff.com26 Nov 2021

Dil Bekaraar is watchable, but not quick-witted enough to binge watch, feels Sukanya Verma.

Diwali extravaganza for buy-now, pay-later biz

Diwali extravaganza for buy-now, pay-later biz

Rediff.com17 Nov 2021

The 'buy-now, pay-later' (BNPL) juggernaut continued to roll on during the festive season with multiple players seeing disbursals grow by more than 100 per cent compared to Diwali last year. LazyPay, the BNPL platform of Prosus-owned payments major PayU, witnessed a credit demand increase of 300 per cent over the festive season last year, especially in segments like travel, food & beverages and entertainment. "We also saw an uptick of 70 per cent in user acquisition in the last two months.

Bruce Springsteen's daughter makes US Olympic equestrian team

Bruce Springsteen's daughter makes US Olympic equestrian team

Rediff.com7 Jul 2021

The daughter of rock icon Bruce Springsteen and singer-songwriter Patti Scialfa was selected in the US jumping team for the upcoming Tokyo Olympics.

Govt not giving priority to medical sector: CJI

Govt not giving priority to medical sector: CJI

Rediff.com1 Jul 2021

Chief Justice of India N V Ramana on Thursday said the government not giving priority to the medical sector and its problems such as insufficient number of professionals and infrastructure are 'issues of immediate concern' as he lamented that doctors are brutally attacked on duty for someone else's failure.

Thousands in Houston march to pay tribute to George Floyd

Thousands in Houston march to pay tribute to George Floyd

Rediff.com3 Jun 2020

Chanting "hands up, don't shoot" and "no justice, no peace", the crowd, estimated to be over 60,000, along with 16 members of Floyd's family, some of whom flew down to Houston, marched about a mile from Discovery Green Park to City Hall under the scorching sun.

Even we need to survive!

Even we need to survive!

Rediff.com25 Apr 2020

The humans are in trouble. They've been attacked by a Virus. What happens to the animals who depend on them? The Crows? The Dogs? And The Cats? Nitin Sathe's short story set in the times of the coronavirus.

Pet pics: Meet Daisy Shah's adorable fur-baby

Pet pics: Meet Daisy Shah's adorable fur-baby

Rediff.com31 Jul 2019

The actor's pics with her cat are too cute to handle.

Shop first, pay later -- without a credit card

Shop first, pay later -- without a credit card

Rediff.com6 Nov 2018

Today pay-later services are available for practically anything under the sun. And these include small purchases like clothes, gadgets, movie tickets, and even food.

Winter Olympics: Czech shredder Ledecka stuns Alpine world with gold

Winter Olympics: Czech shredder Ledecka stuns Alpine world with gold

Rediff.com17 Feb 2018

The 22-year-old was ranked 43rd in the World Cup standings in Super-G and was thought to have a better chance of gold in the snowboarding events she will also contest in Pyeongchang, an unprecedented doubling up.

A Shashi Kapoor movie you must see

A Shashi Kapoor movie you must see

Rediff.com15 Nov 2017

Shakespeare Wallah had been out of circulation for a long time, but a restored version of the film opened in New York on November 10. It will travel after that to other cities in the US and hopefully, soon to India as well, says Aseem Chhabra, author of the bestseller Shashi Kapoor: The Householder, The Star.

Review: The House Next Door will spook you!

Review: The House Next Door will spook you!

Rediff.com10 Nov 2017

What makes the film scary is the way it plays with your fears and your anxieties, says Prasanna D Zore.

Sports Shorts: Kashyap, Prannoy reach semis at US Open

Sports Shorts: Kashyap, Prannoy reach semis at US Open

Rediff.com22 Jul 2017

A summary of sports events and sports persons, who made news on Saturday.

WTF! Kendall, Gigi have no knees on mag cover

WTF! Kendall, Gigi have no knees on mag cover

Rediff.com24 Oct 2016

Fans on Twitter wanted to know what happened to Kendal and Gigi's knees!

Guinness World Records: The world just got bolder, wackier

Guinness World Records: The world just got bolder, wackier

Rediff.com9 Sep 2016

The 2017 edition of the Guinness World Records reveals a selection of the most jaw-dropping records and record holders.

Now, get small loans in an hour!

Now, get small loans in an hour!

Rediff.com15 Jul 2016

While start-ups are making it easier to borrow, one needs to choose carefully.

She loves the F-word!

She loves the F-word!

Rediff.com21 Dec 2015

Mita Kapur has an irresistible love affair... and she's willing to do anything to keep it going.

Hamilton, Bale in running for Sports Personality of the Year crown

Hamilton, Bale in running for Sports Personality of the Year crown

Rediff.com25 Nov 2014

Newly crowned Formula One champion Lewis Hamilton will compete with European Ryder Cup star Rory McIlroy and Real Madrid's Gareth Bale to clinch the BBC 2014 Sports Personality of the Year award.

Emmy 2014 highlights: SIZZLING sirens and BIG winners!

Emmy 2014 highlights: SIZZLING sirens and BIG winners!

Rediff.com26 Aug 2014

Bringing you all the action from the recently concluded awards show!

'America didn't know what to make of Saeed and Madhur Jaffrey'

'America didn't know what to make of Saeed and Madhur Jaffrey'

Rediff.com13 May 2014

Sakina Jaffrey looks back at her parents, Saeed and Madhur Jaffrey's acting journey, to map the changing Hollywood landscape for desi artists.

Priyadarshan: Lizzy and I are together

Priyadarshan: Lizzy and I are together

Rediff.com21 Feb 2014

'I can't express enough gratitude for her presence in my life,' claims the director about his wife.

Sochi Recap: Truly great Winter Games so far?

Sochi Recap: Truly great Winter Games so far?

Rediff.com15 Feb 2014

A relaxed Russian President Vladimir Putin dropped in on the US Olympic team in Sochi on Friday, sipping red wine and basking in the praise of what organisers said had been a "truly great" Winter Games so far.

Study predicts record medal haul for Britain Winter Games

Study predicts record medal haul for Britain Winter Games

Rediff.com11 Jan 2014

Britain are traditionally also-rans at the Winter Olympics but a statistical study has predicted the team will win a record-breaking six medals at the Sochi Games next month.

Review: 6 Melugu Vathigal is gloomy

Review: 6 Melugu Vathigal is gloomy

Rediff.com23 Sep 2013

The film is not gripping enough.

Review: Thanga Meenkal is brilliant

Review: Thanga Meenkal is brilliant

Rediff.com30 Aug 2013

Thanga Meenkal is a heartwarming story told brilliantly with a simplicity and honesty that is seen so rarely in films these days.

Weekend Roundup: Films with dark themes dominate Locarno

Weekend Roundup: Films with dark themes dominate Locarno

Rediff.com7 Aug 2012

Ankur Pathak brings the weekend roundup from the 65th locarno film festival.

IMAGES: The best-dressed women celebs of 2012!

IMAGES: The best-dressed women celebs of 2012!

Rediff.com1 Aug 2012

Here are the beautiful women from across the world who made it to Vanity Fair's prestigious International Best-Dressed List for 2012!

Aus hockey player hit in head by ball, dies

Aus hockey player hit in head by ball, dies

Rediff.com7 May 2012

Elizabeth Watkins, 24, was fatally injured while playing for her North Coast Raiders club in a Western Australian State League game in Perth on Sunday, reports AFP.

IMAGES: The best-dressed women of 2011!

IMAGES: The best-dressed women of 2011!

Rediff.com4 Aug 2011

These lovely ladies have the most envied wardrobes in the world!

Marisa goes topless and more fashion news!

Marisa goes topless and more fashion news!

Rediff.com14 May 2011

Welcome to the weekly fashion round-up, where we bring you the latest on supermodels, style, designers and everything in-between!

Fashion news: Miranda's bikini-ready!

Fashion news: Miranda's bikini-ready!

Rediff.com22 Apr 2011

Welcome to the weekly fashion round-up, where we bring you the latest on supermodels, style, designers and everything in-between!

CVC fiasco: Kerala govt reverts blame to Centre

CVC fiasco: Kerala govt reverts blame to Centre

Rediff.com11 Mar 2011

The blame game over the Central Vigilance Commissioner appointment fiasco refused to die down with the surfacing of a letter on Thursday that the Kerala government wrote to the Centre in 2006 saying it wanted to go ahead with the graft case against P J Thomas.

Sex gone bad in Middle-eastern city

Sex gone bad in Middle-eastern city

Rediff.com11 Jun 2010

The film, in spite of its leading quartet's reliable charms, rambles on and on like those relentless servings of yam in Samantha's direction -- an ordeal not even the craziest fashionista would want to endure no matter how exciting the contents inside those numerous Dior and Louis Vuitton shopping bags.

Flashback foolishness with Hot Tub Time Machine

Flashback foolishness with Hot Tub Time Machine

Rediff.com30 Apr 2010

This is a paean to cinema of the 80s, a buddy movie, and a time travel comedy, all rolled into one mad package. It doesn't succeed in either genre, and overstays its welcome thanks to its pottymouth, but it does have its moments.

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