Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Labour Laws
06/09/20264 min read
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Informative
PayU India receives additional Rs 303 Cr from Prosus
Corporate ComplianceFinancial Management
PayU India has received an additional ₹303 crore from its parent company, Prosus, specifically to fuel the growth of its credit business. This fresh capital injection demonstrates Prosus's continued commitment to PayU's expansion in the Indian market. The funds are aimed at helping PayU's lending vertical achieve profitability, signaling a strategic focus on strengthening its digital credit offerings. This investment underscores the significant potential seen in India's growing fintech and digital lending sectors, enhancing PayU's market position.
