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ITC approves demerger of hotel business to form new entity ‘ITC Hotels’
Business

ITC approves demerger of hotel business to form new entity ‘ITC Hotels’

Posted on: July 24, 2023

[ad_1] FMCG giant ITC on Monday announced that it had received in-principle approval from the board of directors to demerge its hotel business. Under the new arrangement, […]

Govt ratifies 8.15% interest rate on Employees Provident Fund for 2022-23
Business

Govt ratifies 8.15% interest rate on Employees Provident Fund for 2022-23

Posted on: July 24, 2023

[ad_1] The order came after the finance ministry’s concurrence to the EPF rate of interest approved by EPFO trustees earlier in March this year The government has […]

Byju’s reaches agreement to rework terms of $1.2 billion loan: Report
Business

Byju’s reaches agreement to rework terms of $1.2 billion loan: Report

Posted on: July 24, 2023

[ad_1] Byju’s has reached an agreement with lenders to rework its $1.2 billion Term B loan, The Economic Times (ET) reported on Monday. This comes as the […]

With X, Twitter aims to foray into new fields
Business

With X, Twitter aims to foray into new fields

Posted on: July 24, 2023

[ad_1] Just hours after Elon Musk announced that Twitter’s iconic bird logo would be changed to “X”, the microblogging site’s chief executive officer posted a series of […]

‘Barbie’, ‘Oppenheimer’ aim for Rs 150 crore box-office collections
Business

‘Barbie’, ‘Oppenheimer’ aim for Rs 150 crore box-office collections

Posted on: July 24, 2023

[ad_1] Multiplex owners and trade analysts expect two English blockbusters, Barbie and Oppenheimer — jocularly referred to jointly as Barbenheimer — released on Friday and are expected […]

Gift Nifty flat amid dull global cues; RIL eyed post Q1
Business

Gift Nifty flat amid dull global cues; RIL eyed post Q1

Posted on: July 24, 2023

[ad_1] Stock market live updates: At 8:00 am, the Gift Nifty quoted 19,737, down 39-odd points Dalal Street eyed for a flat open on Monday amid mixed global […]

Bain to buy 90% stake in Adani Capital and Adani Housing for Rs 1,600 cr
Business

Bain to buy 90% stake in Adani Capital and Adani Housing for Rs 1,600 cr

Posted on: July 23, 2023

[ad_1] The Adani group has exited the financial services business by selling its entire 90 per cent stake in Adani Capital and Adani Housing to private equity […]

Reliance Retail revamping Trends stores with new-age, tech-enabled features
Business

Reliance Retail revamping Trends stores with new-age, tech-enabled features

Posted on: July 23, 2023

[ad_1] Reliance Retail said it is revamping Trends fashion stores across the county by adding contemporary and tech-enabled features ranging from self-checkout counters to electronic shelf labels […]

US Fed rate decision, June qtr earnings to drive markets this wk: Analysts
Business

US Fed rate decision, June qtr earnings to drive markets this wk: Analysts

Posted on: July 23, 2023

[ad_1] The US Fed interest rate decision and ongoing quarterly earnings from corporates are the major factors to drive the equity markets this week, where the benchmark […]

M-cap of 5 of top-10 valued firms at Rs 4.23 trn with major share from HDFC
Business

M-cap of 5 of top-10 valued firms at Rs 4.23 trn with major share from HDFC

Posted on: July 23, 2023

[ad_1] Five of the top-10 most valued firms together added Rs 4,23,014.4 crore in market valuation last week, with major contributions coming in from HDFC Bank, which […]

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