News for 'Paytm Founder'

It's raining IPOs! 40-odd issues to mop up Rs 80K cr

It's raining IPOs! 40-odd issues to mop up Rs 80K cr

Rediff.com7 Jul 2021

The primary market is set for a bumper Rs 80,000-crore bonanza with 30 companies already filing IPO papers to raise Rs 55,000 crore, while around 10 more are lined up for this month itself, seeking to mop up another Rs 25,000 crore, say investment bankers. The market has been on a non-stop rally, hitting new records almost every week, on the back of an influx of investors -- a vast majority of them first-timers -- coupled with a flood of liquidity. Foreign funds alone had pumped in a record $35 billion into the market in FY21, while the trend has continued this fiscal as well. Domestic institutions led by LIC have also infused trillions of rupees, helping woo retail investors in troves -- the year saw over 20 million new investors coming to the market.

Daggers are out as Flipkart turns 8

Daggers are out as Flipkart turns 8

Rediff.com7 Sep 2015

Every competitor is eyeing the top slot that Flipkart holds.

Govt may defer LIC IPO to next fiscal amid Ukraine crisis

Govt may defer LIC IPO to next fiscal amid Ukraine crisis

Rediff.com6 Mar 2022

The government is expected to defer the mega initial public offering (IPO) of LIC to the next financial year as the ongoing Russia-Ukraine war has dampened fund managers' interest in the public issue, market experts said on Sunday. The government was looking to sell 5 per cent stake in Life Insurance Corporation (LIC) this month, which could have fetched over Rs 60,000 crore to the exchequer. The IPO would have helped meet the curtailed divestment target of Rs 78,000 crore this fiscal.

Super App: Will Jio succeed where others have failed?

Super App: Will Jio succeed where others have failed?

Rediff.com6 May 2019

While most others have not been able to replicate the WeChat model successfully, experts expect Jio to be able to score on its 300 million plus new mobile phone users.

As user base shrinks, m-wallets put smart money on diversification

As user base shrinks, m-wallets put smart money on diversification

Rediff.com2 Apr 2018

The last few months have been hard on digital wallets which had a short-lived dream run post-demonetisation.

This Festive Season Opt For DIGITAL Gold

This Festive Season Opt For DIGITAL Gold

Rediff.com18 Oct 2021

'Investors with as little as Rs 1 can start investing in digital gold.'

Alibaba's grand plans for a blockbuster India entry

Alibaba's grand plans for a blockbuster India entry

Rediff.com27 Aug 2015

Ma and the other co-founders had finalised the name "Alibaba" after much research on its acceptability.

FreeCharge, MobiKwik in merger talks

FreeCharge, MobiKwik in merger talks

Rediff.com27 Apr 2017

New entity is likely to get a top-up of $200 million from a Chinese investor

Sensex rises 125 points; Yes Bank soars 13%

Sensex rises 125 points; Yes Bank soars 13%

Rediff.com11 Sep 2019

Tata Motors, Maruti, Tata Steel, Vedanta, Bajaj Auto, IndusInd Bank, SBI, Hero MotoCorp, M&M, Asian Paints, Axis Bank, RIL and L&T too jumped up to 10.21 per cent.

Ratan Tata invests in cashback, coupons site CashKaro

Ratan Tata invests in cashback, coupons site CashKaro

Rediff.com20 Jan 2016

CashKaro.com works with online retailers like Amazon.in, Paytm, Jabong and ShopClues

The other Son

The other Son

Rediff.com21 Sep 2017

Taizo Son, SoftBank founder Masayoshi Son's youngest brother, is also planning to enter India.

E-wallets fast becoming the cards of choice

E-wallets fast becoming the cards of choice

Rediff.com22 Apr 2022

In the excitement over the allocation of bank licences for the private sector, a new category of licence offered by the Reserve Bank of India (RBI) last year went almost unnoticed. That was when the RBI consolidated the rules for prepaid payment instruments (PPI), popularly understood as e-wallets or gift cards. In the process, the regulator has fast-forwarded a bottom-up card usage industry in India that is completely different from the world of bank-linked credit and debit cards.

'We saw a lot of first-time investors entering the capital markets'

'We saw a lot of first-time investors entering the capital markets'

Rediff.com19 Aug 2021

'A lot of first-time users who have entered the markets after Covid are increasingly investing in mutual funds, exchange-traded funds, and stocks for their long-term goals.'

Over 10 Indian start-ups may mop up at least $10 billion in IPO rush

Over 10 Indian start-ups may mop up at least $10 billion in IPO rush

Rediff.com22 Feb 2021

Over 10 Indian start-ups with total valuations of $84 billion (some are planning fresh fund-raising) are bracing to launch initial public offerings (IPOs) in the next 36 months. While the size of their IPOs is under discussion, estimates are that they would together raise a minimum of over $8-10 billion during the initial listing.

Dhanteras took the online route this year

Dhanteras took the online route this year

Rediff.com19 Oct 2017

Demonetisation and changes in buying patterns of consumers help in pushing online sales.

50 more start-ups likely to join unicorn club in year or two

50 more start-ups likely to join unicorn club in year or two

Rediff.com20 Apr 2021

There seems to be no dearth of funds to fuel this growth, report Peerzada Abrar and Shivani Shinde.

Meet the big gainers from Modi's demonetisation diktat

Meet the big gainers from Modi's demonetisation diktat

Rediff.com10 Nov 2016

Vijay Shekhar Sharma, head of Paytm, says they'd achieve their 500-million user target by 2018, two years before the earlier aim.

Good to see Bikhchandani, Banga on the rich list

Good to see Bikhchandani, Banga on the rich list

Rediff.com16 Oct 2020

'To all the MBAs that burn the candle at both ends, travel half-a-million miles every year, and spend little or no quality time with their families, the rise to riches of Mr Bikhchandani and Mr Banga, should be true inspiration,' notes Sandeep Goyal.

Byju's turns profitable in 8 years, sales soar 186% in a year

Byju's turns profitable in 8 years, sales soar 186% in a year

Rediff.com31 May 2019

Valued at $5 billion, Byju's has seen growth sky rocket in the last two years on the back of mega VC top-ups.

Jack Ma comes calling again, discusses e-commerce future with Modi

Jack Ma comes calling again, discusses e-commerce future with Modi

Rediff.com31 Mar 2015

Jack Ma is learnt to have discussed about e-commerce, mobile telephony

Sumer Juneja to head India arm of $100-billion Vision Fund

Sumer Juneja to head India arm of $100-billion Vision Fund

Rediff.com22 Nov 2018

Unlike many peers in the VC space, LSE grad Juneja doesn't have an entrepreneurial background but is said to be strong in finance skills

The lady who made the 'beggar' video that impressed Modi

The lady who made the 'beggar' video that impressed Modi

Rediff.com5 Dec 2016

'I shot the video in January 2014 and I had no idea then that demonetisation will happen.' 'Narendra Modi mentioning my video is the ultimate (high).' 'Even beggars can go tech savvy. I believe technology can be a great leveller.' Kaur spoke to Rediff.com's Syed Firdaus Ashraf about the video which the whole country is talking about.

Meet the woman who made the 'beggar' video that impressed Modi

Meet the woman who made the 'beggar' video that impressed Modi

Rediff.com5 Dec 2016

'I shot the video in January 2014 and I had no idea then that demonetisation will happen.' 'Narendra Modi mentioning my video is the ultimate (high).' 'Even beggars can go tech savvy. I believe technology can be a great leveller.' Kaur spoke to Rediff.com's Syed Firdaus Ashraf about the video which the whole country is talking about.

Mutual funds set for digital disruption

Mutual funds set for digital disruption

Rediff.com31 Dec 2020

Mutual funds aspirants have the option of snapping up smaller AMCs or applying for a new licence.

What India Inc says about Budget 2022

What India Inc says about Budget 2022

Rediff.com2 Feb 2022

Finance Minister Nirmala Sitharaman on Tuesday unveiled a Rs 39.45 lakh crore Budget with a view to fire up the key engines of the economy to sustain a world-beating recovery from the pandemic. This was Sitharaman's fourth Budget. While the taxpayers were left in the lurch, once again, was she able to cheer Corporate India?

Zomato's blockbuster listing boosts start-up ecosystem

Zomato's blockbuster listing boosts start-up ecosystem

Rediff.com24 Jul 2021

For large start-ups the US market is considered to be a preferred destination, as Indian investors were seen as hesitant to pay the kind of valuation private equity investors or the US markets pay. However, Zomato's listing has quashed these notions.

Jack Ma's Alibaba set to take on Jeff Bezos' Amazon in India

Jack Ma's Alibaba set to take on Jeff Bezos' Amazon in India

Rediff.com19 Mar 2016

Chinese e-commerce giant planning to enter India this year, will take on global e-retailer

Why India's fintech, e-com firms fear Google, Facebook

Why India's fintech, e-com firms fear Google, Facebook

Rediff.com5 Mar 2018

While Google has market capitalisation of almost $753 billion and Facebook commands one of $515 billion, it is the wealth of user data they have that one fears

'The markets will be crushed'

'The markets will be crushed'

Rediff.com9 Nov 2016

'For the next three months or so, the market will go down.' 'Traders do not have Rs 100 notes.'

India's unicorn club is galloping along

India's unicorn club is galloping along

Rediff.com23 Apr 2019

Over the last 12 months, thanks to bold bets by venture capital firms like Sequoia, SoftBank Vision Fund, and foreign strategic investors like Naspers, pipeline of start-ups with potential to achieve $1 bn in valuation is at an all-time high.

Yulu bikes: Pedal your way to beat the traffic

Yulu bikes: Pedal your way to beat the traffic

Rediff.com5 Dec 2018

Yulu founder Amit Gupta believes bicycle sharing is the next big thing.

TikTok goes completely offline in India

TikTok goes completely offline in India

Rediff.com30 Jun 2020

The ban in India would hit Chinese internet companies that were making headway in the world's fastest-growing mobile market.

'Our IPO signals faith in good old-fashioned profitable companies'

'Our IPO signals faith in good old-fashioned profitable companies'

Rediff.com7 Dec 2021

'We have focused on profitable revenue, cash generating businesses, throughout our journey.'

Why an Indian CEO finds Trump 'inspiring'

Why an Indian CEO finds Trump 'inspiring'

Rediff.com30 Jan 2017

Devita Saraf, the founder of Vu Televisions, tells Karan Choudhury why she issued a front page newspaper ad praising Donald Trump last week.

E-wallets plan to become more than just digital money providers

E-wallets plan to become more than just digital money providers

Rediff.com4 Jan 2018

With the arrival of new players such as Amazon Pay, Google Tez and Flipkart's PhonePe, digital money companies are now changing their business pitch.

Govt sends notice to Amazon, Flipkart for not showing country of origin

Govt sends notice to Amazon, Flipkart for not showing country of origin

Rediff.com17 Oct 2020

Not displaying the mandatory information, including country of origin, on products sold on their platforms in India, draws government's attention.

Government plans cyber security cess on e-payment cos

Government plans cyber security cess on e-payment cos

Rediff.com17 Oct 2017

Experts believe that the government needs more innovative ways to secure the cyber space in the country and a cess is more like a punishment which would not help in the long run.

Once a $1-billion brand, ShopClues sold for just about $100 mn

Once a $1-billion brand, ShopClues sold for just about $100 mn

Rediff.com1 Nov 2019

After multiple attempts at selling itself, including to larger e-commerce player Snapdeal, ShopClues has found a buyer in Singapore-based e-commerce platform Qoo10 in an all-stock deal.

Got a new job? Check out these five money tips

Got a new job? Check out these five money tips

Rediff.com20 Jan 2020

Is the latest mobile or car or a house the goal? If so, the savings and investments should be aimed at catering to it. The amount needed has to be worked out, and money needs to be saved, accordingly, suggests Sarbajeet K Sen.

Why e-commerce policy may not take shape this year

Why e-commerce policy may not take shape this year

Rediff.com26 Sep 2018

The final policy may be out only after formation of the new government, according to sources