Byju's founder, whose net worth was Rs. 17,545 crore a year ago, no longer a billionaire
Mumbai/IBNS: Indian multinational educational technology company Byju's founder, Byju Raveendran's net worth is now zero, a year after he had Rs. 17,545 crore a year ago.
RBI keeps repo rate unchanged at 6.5%, projects 7% growth for FY25
New Delhi/UNI/IBNS: Considering various factors both in the domestic and global markets, the Reserve Bank of India Friday projected 7 percent growth for Indian economy for FY25. RBI governor Shaktikanta Das said after three days of deliberations, the Monetary Policy Committee unanimously decided to keep the key interest rates unchanged at 6.50 per cent.
Apple plans to cut 614 workers in California
Tech major Apple has decided to lay off 614 workers in California, marking the first significant round of job cuts since pandemic, media reports said.
CBDT enables taxpayers to file returns from Apr 1
New Delhi: The Central Board of Direct Taxes (CBDT) on Thursday said it has facilitated taxpayers to file their Income Tax Returns (ITRs) for the Assessment Year 2024–25 (relevant to Financial Year 2023–24) from April 1, 2024, and onwards.
Swiggy appoints Suparna Mitra as an Independent Director to its Board
Kolkata: Swiggy on Thursday announced the appointment of Suparna Mitra as an Independent Director to its Board.
Sensex recovers over 500 points
Mumbai/UNI: The BSE Sensex on Thursday smartly recovered by 537 points to open at 74413.82 on the strength of industrials, IT, telecommunications, and utilities stocks.
RBI's 3-day MPC meeting starts
Mumbai: The Reserve Bank of India's Monetary Policy Committee has started its three-day meeting on Wednesday to deliberate on interest rates and analyze the state of the economy.
Mumbai: Indian billionaires increased their presence in the 2024 Forbes list of the World’s Billionaires to 200 from 169 last year. Leading the list is Mukesh Ambani, whose net worth surged to $116 billion from $83 billion, establishing him as the first Asian to enter the $100 billion club. Ambani maintained his status as the ninth wealthiest individual globally and continues to hold the title of India’s and Asia’s richest person.
Bernard Arnault, the chairman and CEO of luxury conglomerate LVMH Moët Hennessy Louis Vuitton SA, has topped Forbes' World's Billionaires list for the second year, media reports said.
Tesla to send team from US to pick up potential manufacturing sites in India: Report
New Delhi: Electronic car-maker Tesla plans to send a team from the United States to India by late April to assess potential locations for a proposed electric car plant worth $2 billion to $3 billion, the Financial Times reported on Wednesday.
Virgin Atlantic plans to offer over 1 million seats to India by 2025
Bengaluru: Virgin Atlantic on Wednesday signalled its strong commitment to India by launching a new daily service to Bengaluru and announcing a second daily flight to Mumbai, starting this October.
India plans to set up first privately run strategic petroleum reserve by 2029-30: Report
New Delhi: India intends to set up its first privately operated strategic petroleum reserve (SPR) by 2029-30, allowing the operator the autonomy to trade the entire oil stock, media reports said.
Radisson group opens 212-room luxury hotel in Srinagar
Srinagar: Radisson Hotel Group on Wednesday announced the debut of its luxury lifestyle brand Radisson Collection in India with the opening of Radisson Collection Hotel & Spa, Riverfront Srinagar.
SJVN Ltd signs MoU with IIT Patna to use advanced geological models in tunnelling projects
New Delhi: SJVN Limited has signed a Memorandum of Understanding (MoU) with the Indian Institute of Technology Patna (IIT Patna) to use advanced geological models in SJVN's tunnelling projects to significantly reducing time and cost overruns.
Jawaharlal Nehru Port achieves record 6.43 million TEUs throughput in FY24
Mumbai: India’s one of the leading container ports, Jawaharlal Nehru Port Authority (JNPA) in Mumbai, achieved its highest-ever throughput of 6.43 million TEUs in the fiscal year 2023-24.