Business News

Majety's blogpost comes two days after US-based asset management firm Baron Capital Group reduced its valuation of Swiggy by 34 per cent to USD 7.1 billion as of December 2022.

The 30-share BSE Sensex fell 100.87 points to 61,831.60 after a flat start to the trade. The NSE Nifty dipped 29.1 points to 18,257.40.

The platform shared that overall nights booked in India have grown by 70 per cent when comparing full-year 2022 with pre-pandemic 2019 as solo and family travel top the preference of Indian guests.

As per the Ministry of Corporate Affairs' annual report of 2022-23, nearly 350 out of 538 fast-track merger schemes have been disposed of between November 2021 and October 2022

The e-invoice system is for GST-registered taxpayers who have to upload all B2B and export invoices to the Invoice Registration Portal (IRP).

"Food prices fell for the first time since November 2021, which contributed to an easing of the inflation rate in April," Caroline Neander, statistician at Statistics Sweden, said in a statement.

Kalyan Jewellers also showed Rs 33.35 crore as exceptional item against sale of two aircraft owned by the company as part of the management's overall strategy to dispose of non-core assets.

However, it raised the hope of Indian paddy growers to get better prices as the country is a significant player in the rice export market.

India has an estimated Coal Bed Methane Reserve of 2600 billion cubic metres, they say.

Shaktikanta Das said the RBI is optimistic and fairly confident over India's 6.5 per cent real GDP growth rate though other analysts have differing views.

RBI Governor Shaktikanta Das said the inflation number at 4.7% in April is quite satisfying and the latest data gives confidence that the monetary policy is on the right track.

Though the edtech company did not comment on the fundraising, the development comes at a time the ED conducted searches and seizure action at the premises of the edtech major.

The application from a consortium of Vedanta and Foixconn was considered and processed.

Sitharaman is on a two-day official visit to Niigata, Japan, to attend a G7 meeting. India is an invitee to G 7 Finance Ministers and Central Bank Governors meeting.

In the quarter, Truecaller also opened its largest office space outside Sweden in Bengaluru, marking a significant milestone in the company's journey in the country.

In January 2022, PFS came into the news after three of its independent directors resigned from the board alleging serious corporate governance issues.

The market for new and emerging job roles has seen an upsurge, said talent platform foundit in its monthly foundit Insights Tracker.

From just 1,000 transactions a day in March, last week, the food and grocery domain on the Open Network for Digital Commerce (ONDC) has witnessed 20,000 transactions.

The company had introduced a unique domestic version of the career networking platform operated locally in order to comply.

Among the Sensex firms, IndusInd Bank jumped 5.08 per cent.