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Edtech giant Byju’s seeks to raise $1 billion to stave off investor revolt
Business

Edtech giant Byju’s seeks to raise $1 billion to stave off investor revolt

Posted on: June 27, 2023

[ad_1] Indian edtech startup Byju’s is in advanced talks with prospective new shareholders for a $1 billion fundraising round in an attempt to sidestep a revolt by […]

India’s Jan-March current account deficit narrows as trade gap shrinks: RBI
Business

India’s Jan-March current account deficit narrows as trade gap shrinks: RBI

Posted on: June 27, 2023

[ad_1] India’s current account deficit narrowed sharply in the January to March quarter, mainly on the back of a moderation in the trade gap and an increase […]

Go First’s lenders approve $55 mn fund infusion to revive carrier: Reports
Business

Go First’s lenders approve $55 mn fund infusion to revive carrier: Reports

Posted on: June 27, 2023

[ad_1] The promoters, however, have indicated that they do not intend to infuse more funds into the airline, the second banker said Lenders to India’s Go First, […]

US shares slump amid tech selloff; Asian indices mixed
Business

US shares slump amid tech selloff; Asian indices mixed

Posted on: June 27, 2023

[ad_1] The SGX Nifty, on Tuesday, hinted towards a soft start for the bourses, amid mixed global cues. At 6:45 am, it stood at 18,730 levels, up just […]

Amid tepid utilisation of funds, govt to review PLI scheme on Tuesday
Business

Amid tepid utilisation of funds, govt to review PLI scheme on Tuesday

Posted on: June 26, 2023

[ad_1] The Centre on Tuesday will review its ambitious production-linked incentive (PLI) scheme to sort out teething issues faced by beneficiaries of the scheme, and the focus […]

IBM to buy software firm Apptio for $4.6 bn to bolster cloud offering
Business

IBM to buy software firm Apptio for $4.6 bn to bolster cloud offering

Posted on: June 26, 2023

[ad_1] Shares of IBM were marginally lower in premarket trading IBM said on Monday it will acquire cloud software company Apptio from Vista Equity Partners for $4.6 […]

Airtel Business announces changes to leadership team; CEO Chitkara quits
Business

Airtel Business announces changes to leadership team; CEO Chitkara quits

Posted on: June 26, 2023

[ad_1] Bharti Airtel, on Monday, announced changes to its leadership team in Airtel Business. Ajay Chitkara, CEO Airtel Business, has decided to move on from Airtel. […]

Cleartax forays into crypto tax segment, expects 1 mn filings this year
Business

Cleartax forays into crypto tax segment, expects 1 mn filings this year

Posted on: June 26, 2023

[ad_1] Online tax filing platform, Cleartax on Monday announced its foray into the crypto tax calculation and filing segment with its new product “CryptoTax”. The platform has […]

Byju’s is not my work; it is my life: Byju Raveendran tells shareholders
Business

Byju’s is not my work; it is my life: Byju Raveendran tells shareholders

Posted on: June 26, 2023

[ad_1] As Byju’s problem continue to mount, the company called for a shareholders meeting on Saturday, June 24th, to clear all doubts. While updating close to […]

TCS enters strategic partnership with Standard Life International DAC
Business

TCS enters strategic partnership with Standard Life International DAC

Posted on: June 26, 2023

[ad_1] Tata Consultancy Services (TCS) announced that it has entered into a strategic partnership with Standard Life International DAC (SLIDAC), a wholly-owned subsidiary of the Phoenix Group, […]

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