LiveFuturense Targets Net Income of Rs 23 Crore in FY23
Futurense Technologies co-founder and CEO Raghav Gupta told FE Education that Futurense’s upskilling and talent acquisition firm is targeting a net income of Rs 230...
Category : BUSINESS
SpiceJet Needs to Travel to HC to Receive Bank Guarantee Return, Says Supreme Court
On Thursday, the Supreme Court instructed SpiceJet Ltd. to request a withdrawal of the $5 million bank guarantee that it had deposited with the court...
Edtech Firm Sunstone raises $35 Million from WestBridge Capital, Others
Edtech startup Sunstone reported that it raised about Rs 280 crore (USD 35 million) in a funding round led by WestBridge Capital. Alteria Capital also...
Aurobindo Pharma Acquires 51% Stake in GLS Pharma
Aurobindo Pharma has completed the acquisition of GLS Pharma Limited with a 51 per cent stake. In June, the Board of Aurobindo Pharma approved the...
IRCTC Tenders to Hire Consultants for Digital Asset Monetisation
According to media reports, Railway ticketing and catering giant Indian Railways Catering and Tourism Corporation (IRCTC) has tendered for consultants to monetise digital assets. These...
ITC, IHCL is Seeking to Run ITCs in Ashok
According to two people with knowledge of the matter, ITC Ltd, Indian Hotels Co Ltd (IHCL), and DS Group have expressed interest in competing to...
License of Deccan Urban Co-Operative Bank Nullified, Says RBI
Co-operative Banks do not have adequate capital and earning prospects, the Central Bank (RBI) claims. On Thursday, the Reserve Bank of India announced that the...
Reduced Windfall Tax on Domestic Crude by Government
The union government has lowered the windfall tax on locally produced crude oil sales to $13,000 per tonne.The sale of Indian-produced crude oil has been...
RBL Bank Sells 2.77% Stake Held in Kilburn Engineering
On August 17, RBL Bank said it had offloaded over a 12 per cent stake in Kilburn Engineering for a total consideration of over Rs...
Wipro Gets Multi-year Contract from UK Govt’s HM Treasury
Wipro Limited has announced that it has a multi-year contract for delivering Service Integration and Management (SIAM) services to HM Treasury (Her Majesty’s Treasury). HMT...