Mumbai: India’s most valuable startup BYJU's is seeking to restructure a $1.2 billion loan amid financial losses and cost-cutting measures, Bloomberg reported.
New Delhi: The Finance Ministry through a memorandum on Tuesday allowed Public Sector Undertakings (PSUs) to invest in debt schemes of all mutual funds.
New Delhi: As many as 84,102 entities have been identified as startups as on November 30 this year, Parliament was informed on Wednesday.
Seattle/IBNS: E-commerce giant Amazon might lay off around 20,000 employees including corporate executives in the coming months, media reports said.
New Delhi/IBNS: Tata Sons Chairman N Chandrasekaran has been appointed by the government as the Chair of B20 India, the official G20 dialogue forum with the global business community.
Mumbai: The BSE Sensex on Wednesday tumbled down 215.68 points to settle at 62,410.68 because of RBI' s hawkish stand in bi-monthly RBI policy alongwith weak Asian Market.
Mumbai/UNI: The Reserve Bank of India (RBI) on Wednesday raised policy repo rate by 35 basis points (bps) to contain inflation which has been above its tolerance level.
New Delhi: Gautam Adani, the chairman of Adani Group, is among the three Indian billionaires to feature in Forbes' philanthropy list this year, media reports said.
Mumbai: Firoz Mistry, 26, and Zahan Mistry, 24, sons of the late Cyrus Mistry have formally joined the Shapoorji Pallonji (SP) Group, Economic Times reported.
Ahmedabad: Former Union minister and economist Yoginder K Alagh passed away at his residence in Ahmedabad on Tuesday, reported The Indian Express.
Fitch Ratings has retained India's economic growth forecast at 7 percent for the current fiscal (FY23).
E-commerce hub Amazon might lay off around 20,000 employees, including corporate executives, in the upcoming months, media reports said on Wednesday.
Mumbai: The Reserve Bank of India on Wednesday announced that the repo rate has been hiked by 35 basis points to 6.25 percent.
New Delhi/IBNS: The Centre will allow a consortium of foreign funds and investment firms to buy and own over 51 percent of IDBI Bank Ltd, the government clarified on Tuesday, said a media report.
New Delhi: India’s total coal production increased by 11.66 percent to 75.87 Million Tons (MT) from 67.94 MT during November 2022 as compared to November 2021, the Ministry of Coal said Tuesday.