LiveByju’s to Raise $250 Million in Aakash Pre-IPO Funding Via Convertible Notes
Byju’s, the world’s most valuable ed-tech startup, is seeking to raise as much as $250 million in a convertible note offering from its tutoring services...
Category : BUSINESS
Jio’s Radisys to Buy Mimosa for $60 Million to Bolster 5G, Broadband Services
Jio Platforms, a unit of Indian aggregate Reliance Industries Ltd, will purchase communications equipment maker Mimosa Networks for $60 million to strengthen its 5G and...
Adani Group’s Debacle Puts Spotlight on Billions Flowing in from Mauritius
The tiny island of Mauritius has spent years trying to clean up its image as a base for shady money launderers and shell companies. Short-seller...
Govt Explains Guidelines for Paid Endorsements by Social Media Influencers
On Monday, the government explained guidelines for paid endorsements by social media influencers, clarifying what it means to use the words advertising, sponsorship, collaboration or...
Adani Group Prepays Rs 7,374 Crore Worth Equity-Backed Financing
On Tuesday, Beleaguered Adani Group said it had repaid Rs 7,374 crore (more than $900 million) share-based financing. It will repay all remaining debt by...
Sun Pharma Completes Acquisition of Concert Pharmaceuticals
On Monday, pharmaceutical giant Sun Pharma said it had completed its acquisition of US-based Concert Pharmaceuticals. In January, the Mumbai-based company signed a deal to...
Sovereign Gold Bond Scheme 2023 Opens for Subscription
The 2022-23 Sovereign Gold Bond (SGB) – Series IV programme issued by RBI on behalf of the Central Government is now available for purchase. The...
Jindal Stainless to Invest Rs 120 Crore in Two Rooftop Solar Projects
On Tuesday, Jindal Stainless Limited (JSL) said it would invest Rs 120 crore in setting up rooftop solar capacities at its Jajpur and Hisar facilities....
GQG Founder Jain Meets Australian Investors after $1.9 Billion Adani Investment
GQG Partners Inc founder Rajiv Jain will meet clients and stockholders in Australia this week, the company said in a statement on Tuesday and will...
Zee Settles with IPRS, Insolvency Petition Dropped
Zee Entertainment Enterprises Ltd said it had settled with the Indian Performing Rights Society (IPRS), and the insolvency filing against it will be dropped. IPRS...