businessupdates

Reliance Retail Ventures Offers to Acquire Future Enterprises with Jindal (India) and GBTLReliance Retail Ventures Offers to Acquire Future Enterprises with Jindal (India) and GBTL

Reliance Retail Ventures Offers to Acquire Future Enterprises with Jindal (India) and GBTL

On February 27, the National Company Law Tribunal (NCLT) accepted the filing of corporate insolvency for Future Enterprises, led by…

2 years ago
Government mandates scrutiny of Byju’s financial recordsGovernment mandates scrutiny of Byju’s financial records

Government mandates scrutiny of Byju’s financial records

As Byju's resumes negotiations to restructure its $1.2 billion term loan, the government's decision to inspect its operations adds a…

2 years ago
Vedanta’s Stock Price Sees a Near 3% Drop; Here’s the Reason for Foxconn’s Exit from the Semiconductor Joint VentureVedanta’s Stock Price Sees a Near 3% Drop; Here’s the Reason for Foxconn’s Exit from the Semiconductor Joint Venture

Vedanta’s Stock Price Sees a Near 3% Drop; Here’s the Reason for Foxconn’s Exit from the Semiconductor Joint Venture

Vedanta shares experienced a nearly 3% decline following Foxconn's withdrawal from their $19.5 billion semiconductor joint venture. Vedanta states that…

2 years ago
Twitter users shared their excitement as Reliance Retail announced a small titel payout of Rs 1,362 per share, while mentioning that they had purchased the shares at Rs 3,400 per share in the grey market.Twitter users shared their excitement as Reliance Retail announced a small titel payout of Rs 1,362 per share, while mentioning that they had purchased the shares at Rs 3,400 per share in the grey market.

Twitter users shared their excitement as Reliance Retail announced a small titel payout of Rs 1,362 per share, while mentioning that they had purchased the shares at Rs 3,400 per share in the grey market.

On Friday, Reliance Retail announced its plans to decrease the equity share capital, specifically the portion owned by shareholders other…

2 years ago
Report suggests that the government may engage SFIO to investigate the auditor’s resignation and alleged irregularities at Byju’s edtech firm during the ongoing crisis.Report suggests that the government may engage SFIO to investigate the auditor’s resignation and alleged irregularities at Byju’s edtech firm during the ongoing crisis.

Report suggests that the government may engage SFIO to investigate the auditor’s resignation and alleged irregularities at Byju’s edtech firm during the ongoing crisis.

In June, Deloitte Haskins and Sells resigned as the auditor for Byju's, citing a delay in the submission of financial…

2 years ago
Meta, the parent company of Facebook, carries out final round of layoffs, resulting in a total reduction of 10,000 jobsMeta, the parent company of Facebook, carries out final round of layoffs, resulting in a total reduction of 10,000 jobs

Meta, the parent company of Facebook, carries out final round of layoffs, resulting in a total reduction of 10,000 jobs

Meta, the parent company of Facebook, recently carried out the final phase of its planned job cuts, resulting in a…

2 years ago
RBI Governor Das anticipates India’s GDP growth to surpass the 7% milestone in FY23.RBI Governor Das anticipates India’s GDP growth to surpass the 7% milestone in FY23.

RBI Governor Das anticipates India’s GDP growth to surpass the 7% milestone in FY23.

RBI Governor Shaktikanta Das made these statements during a CII event, where he discussed various aspects of India's economy and…

2 years ago
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