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BuzzFeed plans to start publicly trading in Early december
If you want to own a piece of BuzzFeed, just wait till the first week of December.
The publisher’s plan to merge with 890 5th Avenue Partners, a blank-check company, will be put to a shareholder vote Dec. 2, according to a recent…
Forex reserves fall for second week in a row, down $763 mn
The foreign exchange — forex — reserves fell by $763 million to $640.112 billion in the week ended November 12, according to data released by the RBI.
In the preceding week ended November 5, the reserves decreased by $1.145 billion to…
Flipkart to buy majority stake in SastaSundar
Flipkart said on Friday it will acquire a majority stake in Kolkata-based Sastasundar Marketplace, which owns and operates online pharmacy and digital healthcare platform SastaSundar.com.
While the Walmart-owned e-commerce major did not…
Covid fuels 29% jump in health premium income for insurers
Covid pandemic has proved to be a boon for insurance companies. With people increasingly taking health cover to meet medical expenses, general insurance companies have reported a 29.81 per cent rise in premium income from the health segment…
With focus on new energy biz, RIL, Aramco to ‘re-evaluate’ O2C deal
Reliance Industries Ltd (RIL) and Saudi Aramco have decided to drop the latter’s mega plan to acquire 20 per cent stake in RIL’s oil-to-chemical business “in light of the changed context”.
“The current application with NCLT for…
Go Fashion IPO: Everything you need to know
Go Fashion IPO: The initial public offering (IPO) of Go Fashion (India), which owns women’s wear brand Go Colors, opened for subscription on Wednesday, November 17, 2021. The offer got fully subscribed within hours of opening on the first…
5 smart tips to avail of an online personal loan
An online personal loan can come in very handy especially when you have many events to plan. With ample cash in hand, you can book a vacation, host a party, renovate your house, buy assets or home appliances, and more.
To meet your…
Digital lending: RBI panel pitches for tougher norms, separate law
A working group set up by the Reserve Bank of India (RBI) has proposed stringent norms for digital lenders, including a separate legislation to prevent illegal digital lending activities.
According to the committee, digital lending apps…
Retro tax: Cairn petition to indemnify govt accepted
In a step further for resolution of retrospective tax disputes, the government has accepted Cairn Energy Plc’s undertakings to indemnify the former against future claims and withdraw any pending litigation or proceeding before any forum so…
Reforms in last 6-7 years has led banking sector to become strong today: PM Modi
Prime Minister Narendra Modi on Thursday said that the government has supported the banking sector in every way and added that this sector is very strong now. He said that the reforms in the last 6-7 years have led to the banking sector in…
Economy to grow 7-7.5% next fiscal year: EAC-PM
The economy is likely to grow 7-7.5 per cent in the next fiscal year, the Economic Advisory Council to the Prime Minister (EAC-PM) said on Thursday, while observing that contact intensive sectors and construction should recover in 2022-23.…
‘Evaluating process’ of normalising overseas flights: Scindia
Civil aviation Minister Jyotiraditya Scindia said Thursday the government is evaluating the process for normalising international flight operations, emphasising that it wants to return to normalcy while keeping in mind the pandemic…
Guy Rosen: ‘Making upgrades to keep off harmful content, but no perfect solution’
Over the last month, Facebook Inc- which has since re-branded itself as Meta Platforms Inc- has been in the eye of the storm for fielding several allegations, including that the company chose to grow at the cost of its users’ safety and its…
New age industries will make a big difference in Indian economy: FM Nirmala Sitharaman
Finance Minister Nirmala Sitharaman on Wednesday said that the new age industries will make a big difference to the growth of the Indian economy.
Speaking at CII Global Economic Policy Summit, the finance minister said that, “…those who…
IndiGo may charge customers for checked-in bags as market heats up
IndiGo, one of Asia’s biggest budget carriers, is mulling charging passengers for checked-in luggage as the airline prepares for a potentially fierce price war in India’s cutthroat air travel market, which is showing signs of recovery…
Paytm set for trading debut after $2.5 billion IPO
Indian digital payments company Paytm is set to make its stock market debut on Thursday, after its $2.5 billion initial public offering (IPO), India’s largest, was oversubscribed last week.
Paytm, which counts China’s Ant Group and…
Sensex drops 314 points, Nifty settles below 17,900; RIL, HDFC twins drag
The benchmark equity indices on the BSE and National Stock Exchange (NSE) ended over 0.5 per cent on Wednesday weighed by market heavyweights Reliance Industries (RIL) and HDFC twins.
The S&P BSE Sensex slipped 314.04 points (0.52…
Akasa Air orders 72 Boeing 737 Max aircraft to launch service in India
NEW DELHI: Rakesh Jhunjhunwala-backed new airline Akasa Air has ordered 72 '737 Max' aircraft from US-based aerospace company Boeing to launch service in India, a statement said on Tuesday.
"Akasa Air's order includes two variants from…
India received record FDI in last 7 years: Piyush Goyal
NEW DELHI: India attracted "record" foreign direct investments in the last seven years and the trend is expected to continue in the coming years as well on account of major structural reforms being undertaken by the government, Commerce and…
Byju’s introduces period leaves for staff, trainees.
NEW DELHI: Edtech major Byju's on Tuesday said it has updated its employee leave policy wherein staff and trainees will be able to work in a flexible manner, including availing period and child care leaves.
This new policy is a…
