Gå ubegrenset med Magzter GOLD
Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare
Prøve GULL - Gratis
Court reviews Mastercard's settlement
Mint Bangalore
|February 20, 2025
Mastercard Inc. unfairly reduced a £10 billion ($12.6 billion) class action case to a settlement of just £200 million, according to the firm that funded the lawsuit.
The credit-card company "skillfully maneuvered," claimant Walter Merricks and his lawyers by offering an inferior settlement to end the case, according to the litigation funder Innsworth Advisors Ltd.
The lawsuit alleged Mastercard charged consumers and businesses too much to use its cards.
"To the extent that Innsworth's submissions make poorly aimed pot-shots at the negotiation process, they are hopeless," lawyers for Mastercard countered.
"Innsworth's interests lie in maximizing its commercial recovery even if that entails a high-risk gamble," they said arguing the settlement is fair and reasonable.
Denne historien er fra February 20, 2025-utgaven av Mint Bangalore.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Mint Bangalore
Mint Bangalore
Mahindra targets 8-fold auto growth
Mahindra Group is aiming for an eight-fold growth in consolidated revenue of its auto sector by FY30 compared to that in FY20, betting big on SUVs and light commercial vehicles.
1 min
November 21, 2025
Mint Bangalore
Street scales 13-month high as index heavyweights fire
November, showed NSDL data. As of Thursday, FPIs' cumulative net short index futures stood at 165,565 contracts. Covering a part of these can also take the Nifty and Sensex to new highs.
2 mins
November 21, 2025
Mint Bangalore
Lots of art and Christmas joy
A Mint guide to what's happening in and around the city
1 min
November 21, 2025
Mint Bangalore
Valuation format plan may cut IBC disputes: IBBI
The Insolvency and Bankruptcy Board of India (IBBI) has proposed a new format for professionals valuing distressed assets to make reports uniform, credible, and reduce lawsuits.
1 mins
November 21, 2025
Mint Bangalore
Delhi may miss the biggest e-bus roll-out
The 2,800 electric buses allocated to Delhi under the PME-Drive scheme meant to electrify public transport hangs in the balance, as the city government has yet to meet a crucial condition under the incentive plan.
2 mins
November 21, 2025
Mint Bangalore
Flipkart-backed super.money preps ‘buy now, pay later’ play
Flipkart-backed UPI app super.money is preparing afresh push into buy now, pay later (BNPL) by partnering regulated banks and lenders, as it hunts for its next leg of growth beyond credit on UPI, according to two people aware of the plans.
2 mins
November 21, 2025
Mint Bangalore
Automation hits tech jobs as GCCs dial back on hiring
Automation is beginning to reshape India's tech-hiring landscape, with global capability centres (GCCs) pulling back on routine recruitment-intensifying the slowdown already hitting large staffing firms dependent on information technology (IT) hiring.
1 min
November 21, 2025
Mint Bangalore
What we frequently get wrong about mental health
Everybody talks about mental health so much these days; yet, somehow, we misunderstand it the most. We have a sea of information that is easily accessible to us, but very little understanding of what emotional pain actually feels like. From what I understand of Baek Se-hee’s book, I Want to Die, but I Want to Eat Tteokbokki, which was referred to in a recent Mint column (‘Why reasons needn't be ascribed for poor mental health,’ 27 October 2025), it is about a woman experiencing dysthymia who also talks about how she seeks comfort in her favourite food. The book is about her mental health journey.
3 mins
November 21, 2025
Mint Bangalore
Investors now wait till last minute to put in IPO bids
Between 65% and 80% of all applications pour in on the final day of the bidding window
3 mins
November 21, 2025
Mint Bangalore
RBI governor stays guarded on crypto
India will maintain a guarded stance on cryptocurrencies and stablecoins even as it accelerates support for homegrown digital payment systems such as UPI, NEFT and the digital rupee, Reserve Bank of India governor Sanjay Malhotra said on Thursday.
1 min
November 21, 2025
Listen
Translate
Change font size