Wednesday, August 24, 2022

ED finds 800 crore crime proceeds in fintech, NBFC probe

These lending apps flourished amid the Covid-19 pandemic when many in the blue-collar workforce lost their jobs as the country went into a lockdown. These firms have been under the scanner for more than a year.

from Tech-Economic Times https://ift.tt/gyWfLkT

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Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

The dollar-denominated notes are split into 3-1/2-year, 5-1/2-year and 7-1/2-year tenors, while the euro-denominated bonds are split into 4-...