Business News

Valuation after Qatar Investment Authority’s 1% stake buy for $1 bn surged to `8.28L cr from `4.28L cr in Sept 2020

In its June quarter report, it slashed the fair value of the company, valuing the company at about $13 billion. Byju’s was last valued at $22 billion.

The company plans to hire 400 people by the end of the year and hire 1000 people in three years.

The Green Credit Programme is an initiative that was proposed by the Ministry of Environment and Forests with the purpose of "encouraging environmentally conscious practises and promoting a sustainable way of life."

The majority of the world's population is getting older, and statistics show that older people are less likely to continue working. These changes have the potential to serve as supply shocks, comparable to the shortages of products and…

During the years 2022-2023, India imported goods to the value of USD 8.8 billion worth of personal computers and laptops, tablets, Wifi Dongles, Smart Card Readers, and Android TV Boxes.

The reduction, which will go into effect on Monday, is the first one implemented in the nation since 2008.

Agarwal said that in the last two decades Vedanta has entered new business that are import-substitute, ones that create stiff entry barriers for new players.

JFS shares closed in green on Friday after hitting lower circuit for five straight sessions.

New Delhi/Raghunathpur: REC Limited has entered into a pact with Damodar Valley Corporation (DVC) as part of which it will provide Rs 4,527.68 crore loan to set up a 1,320 MW project (2x660 MW) at Raghunathpur in West Bengal, according to…

The Indian government did not agree with Tesla's proposal that import taxes be lowered on the company's automobiles and hence denied the request.

It is anticipated that India would have an economy of between 33 and 40 trillion United States dollars by the time it celebrates its centenary of independence in the year 2047.

The proceeds from the offering, which totaled Rs. 59.50 crore, will be put to use financing an expansion of the company's production facilities in Nashik as well as for other general corporate purposes.

The central bank increased its key rate to 15 percent from 8.5 percent at the first meeting chaired by former Wall Street executive Hafize Gaye Erkan in June.

Google's latest steps include expanding its "Ads Transparency Center", where users will find more information about targeting for ads in the European Union.

According to sources, several ministries have been pushing for PLI schemes for their respective sectors, many of which are already doing well without support of the scheme.

The private sector project announcements during the quarter were up 11.6% against the corresponding period of the previous year.

The telco recently cleared pending dues of licence fees and spectrum usage charges of about Rs 450 crore for the March quarter of 2022-23.

The oral and personal care company remained upbeat about growth under new CEO Prabha Narasimhan and plans to launch more scientific-based oral care products.

ICRA expects Q1 GDP growth to be around 8.5 per cent, SBI estimates economic growth at 8.3 per cent.