Thursday, May 30, 2019

Delhi High Court issues notice to RBI over Paytm

The petition has been moved by Abhijit Mishra, a financial economist, who has contended that RBI's guidelines for payments banks, like Paytm, do not permit credit or loan disbursement activities by such entities. http://bit.ly/2woX4DA

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Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903M, below ~$1.2B est., as it pushes self-developed games (Sherry Qin/Wall Street Journal)

Sherry Qin / Wall Street Journal : Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903...