Business

Hit show to be distributed broadly, including on YouTube, rather than exclusively on audio-streaming service Spotify green up pointing triangle has reached a new deal with star podcaster Joe Rogan that will allow his hit show to be distributed broadly. Rogan’s fresh deal—estimated to be worth as much as $250 million over its multiyear term, according to…

The shares plunged by their daily limit of 20% each on Thursday and Friday, erasing $2 billion of its market value, after RBI ordered the bank to to stop its popular mobile wallet business along with other activities, citing “persistent non-compliance and supervisory concerns”. Paytm Payments Bank could lose its operating licence as early as next month…

Paytm Payments Bank Limited is prohibited from accepting new deposits, credit transactions, or top-ups in customer accounts, prepaid instruments, wallets, FASTags, and more from February 29 onwards. Paytm Payments Bank has reassured its customers that their existing balances are safe, following the Reserve Bank of India’s (RBI) directive restricting the bank from accepting new deposits or allowing…

A former corporate-defense lawyer handled case that led to Tesla CEO’s pay deal being nixed The case that brought down Elon Musk’s multibillion-dollar pay package at Tesla was driven by a lawyer who spent decades representing big companies like Goldman Sachs and 21st Century Fox, and a shareholder who played drums in a heavy-metal band. The bombshell…

While the government tax revenues have seen a significant surge, but the government seems to spend judiciously while decreasing the budget deficit to 5.1 per cent in the next financial year, which is at 5.8 per cent for the current fiscal year ending in March. Finance Minister Nirmala Sitharaman in her Budget 2024 speech. Outlined a comprehensive…

Paytm Payments Bank has been ordered by the RBI to stop accepting fresh deposits in its accounts or popular wallets after February 29, 2024. New Delhi: The Reserve Bank of India (RBI) on Wednesday ordered Paytm Payments Bank to stop accepting fresh deposits in its accounts or popular wallets after February 29, 2024. Paytm Payments Bank, which…

Given that we are just months away from the Lok Sabha elections, this will be an interim budget, to lay down the government’s expenditure priorities for the April-June 2024 quarter. Bengaluru: At 11 am on Thursday , Finance Minister Nirmala Sitharaman will rise to present the interim budget for the coming financial year (2024-25). This will be…

Bengaluru: Shares of Indian payments firm Paytm tumbled 20 per cent in pre-open trade on Thursday, after a move by the country’s financial regulator to halt business at Paytm’s payments bank unit sparked fears of hits to the company’s profitability and reputation. Paytm’s stock fell to a six-week low of 609 rupees. The Reserve Bank of India…

A gender-equal world is still a utopian concept, and while the journey of change has taken flight, there’s still a long way to go. We may be in 2022, but any discourse around menstrual hygiene and sexual wellness is often suppressed by the age-old patriarchal norms. Fortunately, there are several entrepreneurs who are ‘breaking the bias’ and…

The government is working to bring cryptocurrencies under the ambit of Goods & Services Tax ( GST ) in order to tax the entire value of transactions. Crypto exchanges are currently taxed at 18% slab of GST on services provided to users under the financial services category. The government is working to bring cryptocurrencies under the ambit…