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Microsoft Xbox services suffered a massive outage when it stopped the gamers from launching Cloud games, giving a rough patch to the game lovers yesterday. ....
Read more about China s Didi reveals US IPO filing, all set for blockbuster New York float on Business Standard. Didi could raise around $10 billion and seek a valuation of close to $100 billion ....
Read more about Mehul Choksi was unlawfully renditioned from Antigua to Dominica: Lawyer on Business Standard. Mehul Choksi was "unlawfully renditioned" from Antigua and Barbuda to Dominica so that he would no longer have the option of appealing to the UK Privy Council ....
Close on the heels of a USD 285-million investment round, fintech major Pine Labs may raise additional funds in the coming weeks as it continues to receive investor interest, according to a top company official. The company also aims to process USD 1 billion worth of online transactions this fiscal, as it scales its offerings for online merchants and help offline retailers in India expand their presence into the virtual space. Speaking with PTI, Pine Labs Chief Executive B Amrish Rau said the company was looking at raising over USD 100 million but it ended up raising USD 285 million. We continue to have some more interest coming through and there are a few investors who are likely to join this round and, hence, we just called it as a first close (at USD 285 million). ....