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Rajnish Kumar, Mohandas Pai to join Byju’s newly-constituted advisory body
Business

Rajnish Kumar, Mohandas Pai to join Byju’s newly-constituted advisory body

Posted on: July 13, 2023

[ad_1] Organizational restructuring, building an accountability framework, and assessing the need for professionals in the company, will be some of the priorities at the crisis-hit edtech major […]

In a first, credit card spend crosses Rs 1.4 trillion-mark in May: RBI data
Business

In a first, credit card spend crosses Rs 1.4 trillion-mark in May: RBI data

Posted on: July 13, 2023

[ad_1] After staying range-bound in 2022–23 (FY23), credit card spend hits Rs 1.4 trillion in May for the first time, reveals the latest data released by the […]

Akasa Air flies past SpiceJet for the first time in domestic traffic
Business

Akasa Air flies past SpiceJet for the first time in domestic traffic

Posted on: July 13, 2023

[ad_1] Akasa Air flight | Photos: PTI & Aneesh Phadnis Akasa Air, which was established just eleven months ago, has beaten SpiceJet for the first time in […]

Adani raises Rs 1,250 cr through first bond sale since Hindenburg report
Business

Adani raises Rs 1,250 cr through first bond sale since Hindenburg report

Posted on: July 13, 2023

[ad_1] Billionaire Gautam Adani’s flagship firm has raised Rs 1,250 crore through a local-currency bond sale, the first since US short seller’s scathing report that sparked a […]

Generative AI deals expected in 2 quarters; will not be mega wins: TCS CEO
Business

Generative AI deals expected in 2 quarters; will not be mega wins: TCS CEO

Posted on: July 13, 2023

[ad_1] The country’s largest IT services company TCS is expecting some generative artificial intelligence- (AI) based deals in the next two quarters, but their sizes will not […]

Net profit rises 11.9% to Rs 2,870 cr, revenue up 6%
Business

Net profit rises 11.9% to Rs 2,870 cr, revenue up 6%

Posted on: July 13, 2023

[ad_1] IT major Wipro Ltd, on Thursday, reported a 11.9 per cent rise in its net profit to Rs 2,870.1 crore in the quarter that ended on […]

India to buy 26 Rafale fighters, 3 Scorpene subs; defence min approves plan
Business

India to buy 26 Rafale fighters, 3 Scorpene subs; defence min approves plan

Posted on: July 13, 2023

[ad_1] As per the proposals, the Indian Navy will get 22 single-seated Rafale Marine aircraft along with four trainer aircraft | Photo: ANI Twitter Defence Ministry on […]

HDFC Bank becomes first to offer interoperability between CBDC and UPI
Business

HDFC Bank becomes first to offer interoperability between CBDC and UPI

Posted on: July 13, 2023

[ad_1] HDFC Bank, the country’s largest private sector lender, has become the first commercial bank to implement interoperability between United Payment Interface (UPI) and Central Bank Digital […]

Go First extends cancellation of its scheduled flights till July 16
Business

Go First extends cancellation of its scheduled flights till July 16

Posted on: July 13, 2023

[ad_1] Cash-strapped Indian airline Go First on Thursday announced extending the cancellation of its scheduled flights till July 16. The airline, which is undergoing an insolvency resolution […]

India’s outward FDI shrinks by half YoY in June 2023, shows RBI data
Business

India’s outward FDI shrinks by half YoY in June 2023, shows RBI data

Posted on: July 13, 2023

[ad_1] India’s outward foreign direct investment (FDI) halved to just below the $ one billion mark in June 2023 from $ 1.93 billion in June 2022. Sequentially […]

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