Saturday, March 19, 2022

As Tiger Global's VC arm borrows billion, JPMorgan calls in more banks

Booming equity markets and high-flying Chinese tech stocks -- many of which cratered this year -- were major contributors to that breakneck growth. But it was also fueled by a tool that venture firms tend to avoid: debt.

from Tech-Economic Times https://ift.tt/4gsUqyh

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MDR on UPI will hit businesses, not users: FM Nirmala Sitharaman hits back at Congress' Jairam Ramesh

Sitharaman accused the opposition leader of "spreading a canard" and clarified that MDR "applies only on the merchants and no...