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PhonePe-Indus OS deal goes awry

PhonePe-Indus OS deal goes awry Want this newsletter delievered to your inbox? SUBSCRIBE Thank you for subscribing to Morning Dispatch We ll soon meet in your inbox. / Morning Dispatch Good morning, Monday’s here, and so are the big scoops by ETtech’s most wired reporters. Today’s edition is packed with exclusives you won’t find anywhere else! Last week we reported that PhonePe was in talks to acquire Indus OS, a homegrown content and app discovery platform with its own Android app store, for $60 million. But then, a minority investor objected to the terms of the deal and the matter is now before the Supreme Court of Singapore.

Valedictory Ceremony Of 6th Edition Of NLIU-Justice R K Tankha Memorial International Arbitration Moot Held On 7th March 2021

Share This - x The sixth edition of NLIU-Justice R.K. Tankha Memorial International Arbitration Moot was organised on the virtual platform. The event was organized in collaboration with the Office of Senior Advocate and Member of Parliament – Mr. Vivek Tankha, L&L Partners Law Offices, Singapore International Arbitration Centre (SIAC), Jus Mundi, Transnational Dispute Management (TDM), NFRAL and IALR, from 05th March to 07th March 2021. The three-day event witnessed the participation of 50 teams from all across the globe. Result of Competition: Winner: NALSAR University of Law, Hyderabad and Symbiosis Law School (SLS), Pune (Prize Money Rs. 80,000 Per Team and Internship to 4 people out of 8 with L&L Partners)

Bank of China Seeks $125 7 Million from BP Over Hin Leong Gasoil Trades

Bank of China Seeks $125.7 Million from BP Over Hin Leong Gasoil Trades by Ship & Bunker News Team Monday December 14, 2020 Bank of China is suing energy producer BP for Singapore s Bloomberg. The lender is seeking to recover the money that BP accessed from it to finance sales of gasoil cargoes to Hin Leong earlier this year, Bloomberg reported Monday, citing documents provided by Singapore s Supreme Court. $187.2 million from Hin Leong founder OK Lim and his family, covering the total from the deals with BP and some other overdue payments. Bank of China said the deals between BP and Hin Leong were part of a fictitious purchase scheme conspiracy to maintain the Singapore-based firm s liquidity, Bloomberg cited the lender as saying.

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