Company offered consumer-credit services that were widely popular among Chinese consumers and small businesses

Warburg, which was a big investor in Ant's 2018 private fundraising, reportedly lowered the company's valuation to $191 billion at end-September from the $224 billion at end-June

A consortium of about 70 Japanese firms, including the country's three mega-banks, aims to launch a yen-based digital currency in fiscal 2022 after trials in coming months

Financial institutions are a critical facilitator of global trade with 40% of goods being supported by bank-intermediated trade finance - but micro and small businesses are missing out

Paytm stock lists on NSE at Rs1,950 ($26.28) against its issue price of Rs2150 ($28.98) apiece before crashing

Grab operates Southeast Asia's most popular 'super app', providing ride-hailing, food and grocery deliveries, plus payments in eight countries

The Paytm IPO aims to raise $2.46 billion with shares price at $28-$29, valuing the company at close to $19 billion

Stock rises as much as 156% from IPO price on investor enthusiasm for fintech company's potential

Paytm's offering will open on November 8 and see top investor Ant Financial sell shares worth about $630 million or nearly half the offer for sale component

Equity benchmarks tracking the country's internet sector notch double-digit gains since hitting lows in October

Google will next year cut in half the fees it collects from downloads on its Play Store in India, ratcheting up pressure on rival Apple to follow suit.

Southeast Asian payments firm buys stakes from Indonesian conglomerate Lippo and Tokopedia to lift its holdings to 90% from 39%