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SoftBank-backed Paytm raises $660 million

Friday, December 13, 2019, 8:40 PM

Indian digital payments startup Paytm's parent has raised nearly $660 million from investors including Alibaba's Alipay, SoftBank's SVF Panther (Cayman) and funds managed by T Rowe Price among others, according to a filing. The board of One 97 Communications Ltd will allot about 2.6 million shares to the investors, financial data accessed by business intelligence platform Tofler dated December 12 showed.
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Boris Johnson wins UK's Brexit election, hails powerful mandate'

Friday, December 13, 2019, 8:38 PM

British-PM Boris Johnson won the historic UK-General-Election as his Conservative-Party crossed the 326-mark required for a majority in Parliament, marking a victory for his "Get-Brexit-Done" message and setting the UK on course to leave the EU in the New-Year. The Opposition Labour is projected to get 203-seats, a disastrous performance for the party which resulted in leader Jeremy-Corbyn announcing that he would be stepping-down.
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Sukhbir Singh Badal, other SAD leaders perform seva at Golden Temple

Friday, December 13, 2019, 8:35 PM

SAD president Sukhbir Singh Badal and other party leaders performed 'seva' at the Golden-Temple on Thursday. Badal along with Union Minister Harsimrat Kaur Badal and other party leaders visited the Golden-Temple as the party is all set to celebrate its 99th-Foundation-Day on December 14. "The party members are willingly participating in the seva to mark the party's 99th-Foundation-Day," said party leader Daljeet Singh Cheema.

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