Shares of Indian Renewable Energy Development Agency (IREDA) surged 56.3% in their pre-open trading debut on Wednesday, valuing the state-owned firm at 134.39 billion rupees ($1.61 billion). The stock was at 50 rupees in pre-open trade(rep image) The stock was…
Chinese payments group Alipay launched a $400 million accelerated bookbuild to sell its stake in Indian food delivery giant Zomato, according to the deal’s term sheet on Wednesday. The logo of Indian food delivery company Zomato is seen (REUTERS) The…
New Delhi: The government on Wednesday announced that the 16th Finance Commission will recommend measures to provide adequate resources to Panchayats and for disaster management besides recommending distribution of tax revenues between the Union and the states. The 16th Finance…
In an open letter to the company’s five independent directors, IiAS also suggested they ask Singhania and his estranged wife Nawaz Modi, also a board member, to take time off from their responsibilities as board members. HT Image The five…
Edtech platform Byju’s on Wednesday said that it will continue to maintain complete adherence to all Foreign Exchange Management Act (FEMA) regulations, while alleging ‘inadvertently exaggerated reporting in the media’, this days after being served a show cause notice by…
Walmart is importing more goods to the United States from India and reducing its reliance upon China as it looks to cut costs and diversify its supply chain, data seen by Reuters shows. Representational Image The world’s largest retailer shipped…
Tech investor Prosus has downgraded its valuation of Bujy’s, in which the former owns a stake, valuing the company at less than $3 billion, down significantly from the previous official valuation for the Bengaluru-based firm. FILE PHOTO: Byju’s logo is…
PNN HT Image New Delhi [India], November 29: RDS Digital, a leading integrated marketing firm, is entering on a transformative journey to revolutionize the digital landscape. Under the theme “You grow, We Grow” the company is committed to fostering growth…
NewsVoir HT Image New Delhi [India], November 29: At the second edition of the Sitaram Jaipuria Foundation’s prestigious Medical and Healthcare Excellence Awards, Rs. 90 lakhs were awarded to medical professionals for their invaluable contribution towards the health and well-being…
ATK HT Image New Delhi [India], November 29: The field of dental science is continually evolving, with researchers around the globe making groundbreaking strides in various aspects of dentistry. These advancements not only enhance our understanding of dental sciences but…