Reliance Industries in talks to acquire Tata Play stake from Disney

Reliance Industries is in talks to acquire a 29.8% stake in Tata Play from Walt Disney. The deal marks the first collaboration between Tata and Reliance, allowing JioCinema content integration. Both companies declined immediate comments. Earlier reports hinted at Reliance merging its media business with Disney. Bodhi Tree, a venture by James Murdoch and Uday […]

Paytm Dismisses Money Laundering Allegations Amid RBI Crackdown

Paytm refutes Enforcement Directorate’s money laundering probe, dismissing allegations against founder Vijay Shekhar Sharma as “misleading and baseless.” Amid RBI’s deadline to halt transactions by February-end, Paytm asserts compliance with regulations, denying any ED investigation. RBI targets Paytm Payments Bank over alleged KYC violations, mulling operating permit cancellation by March 2024.

Tech recruiters witness an influx of resumes from Paytm Employees post RBI Ban

Employees of Paytm Payments Bank and parent firm One97 Communications are seeking new jobs fearing further regulatory issues after RBI curtailed PPBL’s banking services. Founder Vijay Shekhar Sharma assured job security but employees are still worried. Recruiters report a surge in CVs, with some ready to accept pay cuts. Fintech talent faces challenges due to […]