Third Party Funding

The PM CARES Fund is not a government fund as donations to it do not go to the Consolidated Fund of India and no third party information can be parted with irrespective of its status under the Constitution and the RTI Act.

BigBasket has reportedly initiated a fresh round of funding that is aimed at valuing the delivery startup at $3.5 billion (roughly Rs. 28,400 crore). According to a report by The Economic Times newspaper citing sources, Tata Digital and its investors are likely to lead the new round of funding, which could be as much as $200 million (roughly Rs. 1,...

Coinbase has said that cryptocurrency from at least 6,000 of its customers was stolen by hackers after they exploited a flaw in its SMS account recovery system.

The Supreme Court of India recently validated the concept of litigation funding. Litigation funding is a practice where a third party unrelated to the lawsuit provides capital to a petitioner involved in litigation in return for a portion of any financial recovery from the lawsuit, according to Advok8.in, an internet company solving problems of law...

The US Senate's top Democrat said Monday his party has reached a deal with majority Republicans on a funding bill to end a partial shutdown of federal government, now in its third day.

"As per RBI guidelines, we are not allowed to carry out lending activity. But we are allowed to sell third party financial products like other banks do", MD and CEO of APB Shahshi Arora said.

Battling successive markdowns in valuation by investors and third parties, Flipkart chairman Sachin Bansal has said that such cuts are their "opinions" and cited the case of Uber to illustrate that it will not impact the e-commerce major's fundraising plans.

The value of investment in joint UK-India research from the UK Research Councils, the Indian government and third parties received a 72-million-pound boost during Prime Minister Narendra Modi's ongoing visit in London.

German lawmakers gave their go ahead on Friday for the euro zone to negotiate a third bailout for Greece, heeding a warning from Chancellor Angela Merkel that the alternative to a deal with Athens was chaos.

Nitish Mittersain, MD of Nazara Technologies, on what to expect from the company this year.

Greek Prime Minister Antonis Samaras on Monday called for a snap poll next month that could bring a radical anti-austerity party to power after parliament failed for a third time to elect a President.

Apart from traditional banking products, PSU banks have been very successful in distributing third party insurance products. However, the same success is not reflected in the case of mutual funds (MFs).

The PM CARES Fund is not a government fund as donations to it do not go to the Consolidated Fund of India and no third party information can be parted with irrespective of its status under the Constitution and the RTI Act.

BigBasket has reportedly initiated a fresh round of funding that is aimed at valuing the delivery startup at $3.5 billion (roughly Rs. 28,400 crore). According to a report by The Economic Times newspaper citing sources, Tata Digital and its investors are likely to lead the new round of funding, which could be as much as $200 million (roughly Rs. 1,...

Coinbase has said that cryptocurrency from at least 6,000 of its customers was stolen by hackers after they exploited a flaw in its SMS account recovery system.

The Supreme Court of India recently validated the concept of litigation funding. Litigation funding is a practice where a third party unrelated to the lawsuit provides capital to a petitioner involved in litigation in return for a portion of any financial recovery from the lawsuit, according to Advok8.in, an internet company solving problems of law...

The US Senate's top Democrat said Monday his party has reached a deal with majority Republicans on a funding bill to end a partial shutdown of federal government, now in its third day.

"As per RBI guidelines, we are not allowed to carry out lending activity. But we are allowed to sell third party financial products like other banks do", MD and CEO of APB Shahshi Arora said.

Battling successive markdowns in valuation by investors and third parties, Flipkart chairman Sachin Bansal has said that such cuts are their "opinions" and cited the case of Uber to illustrate that it will not impact the e-commerce major's fundraising plans.

The value of investment in joint UK-India research from the UK Research Councils, the Indian government and third parties received a 72-million-pound boost during Prime Minister Narendra Modi's ongoing visit in London.

German lawmakers gave their go ahead on Friday for the euro zone to negotiate a third bailout for Greece, heeding a warning from Chancellor Angela Merkel that the alternative to a deal with Athens was chaos.

Nitish Mittersain, MD of Nazara Technologies, on what to expect from the company this year.

Greek Prime Minister Antonis Samaras on Monday called for a snap poll next month that could bring a radical anti-austerity party to power after parliament failed for a third time to elect a President.

Apart from traditional banking products, PSU banks have been very successful in distributing third party insurance products. However, the same success is not reflected in the case of mutual funds (MFs).