Business

2,500 people to lose jobs in Byju's as firm eyes ensuring profitability

Divya Gokulnath, co-founder of Byju's said that the company will start focussing on building brand awareness overseas through new partnerships

Oct 13, 2022

Economy of every country is slowing; India defies odds [see how]

According to IMF, India is to grow at 6.1% in 2023, making it the world's fastest among major economies. Read to know more.

Oct 12, 2022

Morgan Stanley eyes expanding its workforce in India [details]

The move from Morgan Stanley comes at a time when several companies are hesitant to expand workforce due to adverse economic conditions

Oct 10, 2022

IDBI Bank Disinvestment: Govt invites bids for buyers

According to the conditions of the EoI, private sector banks, non-banking finance companies (NBFCs), foreign banks and even alternative investment funds registered by SEBI can bid for IDBI Bank.

Oct 8, 2022

Siddaramaiah slams Centre for permitting areca nut import from Bhutan

K'taka areca nut farmers in distress, Siddaramaiah slams Centre over imports from Bhutan

The areca nut growers are already in distress because of various diseases attacking the crop and areca trees. During this difficult hour, the central government has betrayed them, he said

Oct 7, 2022

Global regulator for banks red-flags crypto-assets such as Bitcoin

Cryptocurrency: 51% of daily Bitcoin volume changing hands on crypto exchanges is fake, says report

According to data provided by niche news publisher BanklessTimes.com, the majority of this fake Bitcoin volume is due to wash trading.

Oct 6, 2022

JPMorgan refuses to include India in widely-followed bond index; here's why

JPMorgan's decision to not include the bonds was due to investor concerns about India's market infrastructure, according to a person familiar with the matter.

Oct 6, 2022

Twitter, Musk confirm plan to close $44 billion deal, shares shoot up by 22%

In a new filing with the US Securities and Exchange Commission (SEC), Musk's legal team has also asked the court to adjourn the trial and all other proceedings.

Oct 5, 2022

Indian corporate credit quality remains strong

Indian corporate credit quality robust, says CRISIL Ratings

The credit ratio is in line with the positive credit quality outlook CRISIL Ratings had articulated earlier -- that upgrades will far outnumber downgrades through this fiscal.

Oct 3, 2022

RBI hikes repo rate by 50 basis points, pegs inflation at 6.7%; Economic growth at 7%

The RBI Governor Shaktikanta Das, heading the MPC, announced the hike to subdue the inflation.

Sep 30, 2022

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