LiveCenter Orders Probe into Byju’s Account Books
The Indian government has ordered an inspection into the account books of edtech startup Byju’s account books. The Ministry of Corporate Affairs has sought a...
Category : BUSINESS
Tata Group Becomes India’s First iPhone Manufacturers
Tata Group is closing in on a deal to acquire Apple’s Supplier Wistron’s Factory in India. The company is valued at over $600 million and...
Tata Communication Company to Acquire Remaining Stake in Oasis Smart Sim Europe SAS
Tata Communications International Pte Ltd., a wholly owned arm of Tata Communications, said it has entered into a share purchase agreement to acquire the remaining...
Icahn Enterprises Shares Rebound as Carl Icahn Ammends Personal Loan Agreements, Adds $1 Billion to Net Worth
Icahn Enterprises (IEP) shares jumped as much as 22% after Carl Icahn announced that he had reconstructed $3.7 billion in personal loans, leading to a...
CFO of Uber to Step Down in Most Senior Executive Exit Since IPO
Uber Technologies Inc Chief Financial Officer (CFO) Nelson Chai has planned to resign. This marks the most significant executive departure since the company’s IPO 2019....
Adani-Hindenburg Row: SEBI Reponds to Expert Panel’s Reports, SC Hearing Today
The Securities Exchange Board of India (SEBI) has applied to the Supreme Court, presenting its views on the recommendations the court-appointed Expert Committee put forth...
Foxconn to Withdraw from $19.5 Billion Semiconductor Joint Venture with Vedanta
Taiwan’s Foxconn announced its intentions to pull away from a $19.5 billion semiconductor joint venture with Indian metals-to-oil conglomerate Vedanta after PM Narendra Modi’s chip-making...
SAT Dismisses Punit Goenka and Subhash Chandra’s Appeal to Stay SEBI’s Interim Order
In a proceeding on Monday, the Securities Appellate Tribunal (SAT) upheld an interim order issued by the Securities and Exchange Board of India (SEBI) prohibiting...
Global Cloud Service Revenue Crosses $500 Billion
According to the latest IDC data on July 8, global revenue for the public cloud services market reached $545.8 billion last year, with an increase...
Prism Johnson to Transfer Limestone Mining Lease to Ramco Cements
Prism Johnson, a Hyderabad-based building material company, has approved the transfer of limestone-bearing land parcels in Kalvatla and Kotapadu villages in Andhra Pradesh, aggregating to...