Byju’s, an educational technology company, has raised $ 500 million in a new round of financing from Silver Lake, the world’s leading technology investment firm, according to sources. Although the company confirmed the development, it declined to reveal the amount. This year, Silver Lake invested Rs 10,202 crore into Jio …
Read More »Goldman Sachs to Fitch: Global Rating Agencies Cut India GDP Forecast
Global rating and research houses such as Fitch and Goldman Sachs have cut their estimates of growth for India’s gross domestic product (GDP) for the current fiscal year 2020-21 (FY21). While Fitch now expects the country’s GDP to contract 10.5 percent in fiscal year 21 compared to its previous estimate …
Read More »Voda Idea MD & CEO will not receive remuneration for a term of 3 years
Vodafone Idea Managing Director and CEO Ravinder Takkar will not receive any compensation during his current three-year term, according to a company proposal. Vodafone Idea Limited (VIL) may bear the expenses incurred by Takkar for the company’s business, the notice of the company’s 25th annual general meeting said. The AGM …
Read More »Jeff Bezos tops Forbes list of richest Americans for third year in a row
Amazon CEO Jeff Bezos topped Forbes’ list of the richest Americans for the third year in a row, while President Donald Trump’s ranking fell as the coronavirus pandemic hit his office buildings, hotels and resorts. Total wealth on the Forbes 400 list, released Tuesday, rose to a record $ 3.2 …
Read More »‘PUBG Mobile’ to escape India ban by eliminating Tencent
“In the future, PUBG Corporation will assume all publishing responsibilities within the country,” he said. “As the company explores ways to offer its own PUBG for India in the near future, it is committed to doing so by maintaining a localized and healthy playing environment for its fans. “ Since …
Read More »Cong Seeks Joint OPPn Candidate for RS Vice President Position; raise China, economy, Covid in Parliament | India News
NEW DELHI: Congress decided on Tuesday that the opposition should not allow Rajya Sabha’s vice president post to go unopposed and favored the presentation of a joint candidate for which it will approach other parties, sources said. The decision was made at the congressional parliamentary strategy group meeting chaired by …
Read More »AP minister says state government ‘pays a fine’ to get Kia plant
The Andhra Pradesh government was “paying a fine” for getting Kia Motors to establish its car manufacturing plant in the state through incentives guaranteed by the previous government, Industries Minister Mekapati Goutham Reddy said on Monday. Addressing a press conference here, he said that the incumbent government was bound to …
Read More »Trump criticizes Harris for doubting the vaccine, says she will never be president
President Donald Trump accused the Biden campaign of politicizing the search for a Covid-19 vaccine and said that Democratic vice presidential candidate Kamala Harris “will never be president.” “I saw Kamala’s whole numbers drop (during the Democratic primary) from 15 to almost zero and then she dropped out even before …
Read More »The government issues standard operating procedures for the partial reopening of schools and institutions of higher education
NEW DELHI: As part of the gradual unlocking of activities, the Ministry of Health and Family Welfare on Tuesday issued standard operating procedures (SOPs) for the partial reopening of middle and upper secondary schools. She also unveiled preventive measures to contain the spread of Covid-19 in skills training or entrepreneurship …
Read More »Business News | Stock market news
By Market capitalization.Net sales.Net profit.Total assets.Remove.Other income.Raw Materials.Energy and fuel.Employee cost.PBDIT.Interest.Tax.EPS.Investments.Several debtors.Cash / Bank.Inventory.Debt.Contingent liabilities.Screen critic AbrasivesAerospace and DefensefarmingAir conditionersairlinesAluminum and aluminum productsAmusement parks / recreation / clubAquacultureCar accessoriesAuto Accessories – Air Conditioning PartsAuto accessories: spare parts for cars, trucks and motorcyclesAuto Accessories – Axle ShaftsCar accessories: bearingsCar accessories: brakesAuto …
Read More »