BYJU’s, Camshaft & the IHOP connection: An investigation into hidden assets
Byju’s, one of India’s leading tech companies, is alleged to have concealed $533 million in a relatively unknown hedge fund, Camshaft Capital Fund.
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KKR to increase stake in Reliance Retail Ventures Limited
KKR has announced an investment of ₹ 2,069.50 crore in Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Limited.
Cafe Coffee Day bankruptcy proceedings: What you need to know
According to a regulatory filing by Coffee Day Enterprises in July, the parent company of Coffee Day Global, the Bengaluru bench of the NCLT passed an order over a plea brought by a financial creditor of the business who sought payment of ₹94 crore in unpaid debts.
Top 10 IPOs that will hit the market soon
The Indian stock market is buzzing with activity as several companies are gearing up to launch their initial public offerings (IPOs) in September 2023.
Tata Steel announces Rs 314.70 crore annual bonus pay-out to employees
Memorandum of Settlement, the total payout for eligible employees of all applicable divisions of the Company will be Rs 314.70 crore.
Income-Tax department to probe Adani Group over short-selling profits
Adani Group faces investigation by income-tax department and market regulator Sebi over short-selling profits following controversial Hindenburg Research report. ED finds firms did not report windfall gains to income-tax department.
DGCA temporarily suspends Air India’s Boeing simulator training facility
DGCA, a statutory body of the Indian Government that regulates civil aviation in India has temporarily suspended the Boeing simulator training facility of Air India for certain alleged lapses.
Freshworks appoints Johanna Jackman as Chief People Officer (CPO)
Freshworks, the Software-as-a-service ( SaaS) firm made an announcement about it appointing Johanna Jackman as its chief people officer.
Maruti Suzuki appoints Arnab Roy as new CFO
Maruti Suzuki, India’s largest carmaker, has announced the appointment of Arnab Roy as its new CFO, effective from January 1, 2024. Arnab Roy will be replacing Ajay Seth, who will be retiring from his position as the company’s full-time CFO at the end of business on December 31, 2023.
Mukesh Ambani says next 10 years’ growth to outrun the growth seen in last 45 years
Mukesh Ambani, the chairman and managing director of Reliance Industries said that in the next 10 years, its growth will outrun the growth it has seen in the past years.
Health financing startup Kenko Health enters into partnership with Tata 1mg
Kenko Health, a start-up that specializes in funding health expenses, has entered into a strategic partnership with Tata 1mg. The objective of this collaboration is to establish affordable healthcare services that are easily accessible to individuals all across India.
Jet Airways ₹350 crore payment extension request under NCLAT review
The NCLAT is set to announce its order on Jalan Kalrock Consortium's plea for a 90-day extension to pay ₹350 crore to Jet Airways' creditors.
National e-commerce policy in final stages, to be presented before top level: Government
The national e-commerce policy which was proposed by the commerce and industry ministry is being formulated and is in the advanced stages and no new draft policy will be issued now for seeking views of stakeholders.
‘X’ to introduce government ID & live selfies to verify users
social media platform 'X' (former Twitter) is testing a new feature that will require a user to upload an image of a government-issued ID and a live selfie.
QDML rebranding to Quint Digital Ltd increases revenues by 15%
On 14th August 2023, India’s leading multi-brand digital media, Quint Digital Media Limited (QUINT) published its standalone and consolidated results for Q1 FY24 .
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