Thursday, February 9, 2023

Quick-loan apps submit docs to prove legitimacy; interim relief to Flipkart in Rs 1,100-cr tax case

The ban on 94 quick-loan apps has caught the digital-lending industry in a quagmire. Even as senior executives continued their hectic discussions with government officials on Wednesday, fintechs are rushing to submit their shareholding pattern to the Centre.

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

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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-...