Alibaba sells remaining direct stake in Paytm for about Rs 13,600 cr

Beijing, 10/2: Chinese company Alibaba is learnt to have sold 3.16 per cent direct stake in digital financial services firm One97 Communications, which operates under Paytm brand, for about Rs 13,600 crore in a block deal, according to sources. With this deal, Alibaba has sold the entire direct stake in the company. Alibaba had a…

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Turkey, Syria quake toll tops 16,000 as cold compounds misery

Turky, 9/2: Freezing temperatures deepened the misery Thursday for survivors of a massive earthquake in Turkey and Syria that killed more than 16,000 people, as rescuers raced to save countless people still trapped under rubble.   The death toll from Monday’s 7.8-magnitude quake is expected to rise sharply as rescue efforts pass the 72-hour mark…

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Maharashtra Congress crisis deepens: Balasaheb Thorat resigns as CLP leader

Mumbai, 7/2: The crisis within the Maharashtra Congress deepened further with veteran Congressman Balasaheb Thorat stepping down as leader of the Congress Legislature Party (CLP) following differences with party’s state unit President Nana Patole in the backdrop of the elections to Nashik Division Graduates’ seat of the Council. Thorat shot off a letter to Congress…

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