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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Salman Khan’s crypto project stumbles, while the central bank reviews costs and fees for digital payments
Akanksha here.
Remember BollyCoin? If you don’t, it’s a project that is being peddled by actor Salman Khan and some of his close aides to build the next Bollywood NFT marketplace. (NFTs or non-fungible tokens are a way of recording the ownership of unique digital assets on a blockchain.) We spoke about BollyCoin in October when it was at pre-sale. At the time, many Bollycoin holders and spectators had flagged concerns and discrepancies about the project, particularly about its viability in the long run and the fact that it was being driven by one major element, Khan himself.
Three days …
The acquisition of IDBI Bank puts his Fairfax smack dab in the middle of the RBI’s rules on bank ownership. It must now decide whether to sell CSB Bank or merge the two lenders, neither of which will be easy.
Lenders stand to gain a lot more than borrowers in the current challenging market environment
A local fintech deal to consolidate operations, feedback on Saudi Arabia’s proposed IPO rules, and Ras Al Khaimah’s casino economy.
