Ashneer Grover, co-founder of BharatPe, is in talks with investors to sell his 9.5 percent stake in the fintech firm, The Economic Times reported. Grover is rushing to close the secondary stake sale, which indicates that eventually the founder would be ousted from the company after the final findings of the independent audit are submitted.

Payments giant PayPal in early January confirmed it is exploring the possibility of releasing its native stablecoin. The new cryptocurrency could be christened PayPal Coin.

The Supreme Court has rejected Amazon's request to file written submissions after the top court has already reserved its orders on Future Retail’s plea seeking permission to proceed with NCLT nod for Reliance Deal.

Mayank Singhal, VC & MD, PI Industries, said that 15-20 percent growth is achievable for the company in the next few years. For attaining this target, the company is looking at growing organically via capacity expansion. Singhal explained that the company is also in the process of evaluating acquisition targets. Singhal believes the company will be able to sustain its margin at 20 percent.