Friday, March 10, 2023

AM Scoop: Binny Bansal eyes $100 -150 million stake in PhonePe; Draft Digital India Bill to be ready by July

It’s Friday and we are breaking a big story as we roll into the weekend. Flipkart cofounder Binny Bansal is eyeing an over $100 million stake in online payments major PhonePe. The deal is in the works, per sources.

from Tech-Economic Times https://ift.tt/3IWHYQl

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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...