Beijing may revive Ant Group IPO, reports Reuters China may allow the IPO of its homegrown internet and tech giant Ant Group in Shanghai and Hong Kong. Its co-founder and CEO Jack Ma made remarks on regulation in late 2021 leading to the cancellation of the mega offering and his ‘disappearance’ for some months. [Read more] Over 4 million IPO mandates through UPI in May, says report The Unified Payments Interface (UPI) system was used to create over 4.5 million IPO mandates in May, as per data by the National Payments Corporation of India (NPCI). Of these, a record 2.4 million were executed. [Read more] Apple forays into BNPL with ‘Pay Later, to handle lending alone Tech giant Apple will handle its own lending on the ‘Apple Pay Later’ platform as it makes inroads into digital financial services in India.…
