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Promoter entities raise $1 bn by selling shares in Adani Green Energy, AEL
Business

Promoter entities raise $1 bn by selling shares in Adani Green Energy, AEL

Posted on: June 28, 2023

[ad_1] The promoter entities of Adani group sold part of their stake in Adani Green Energy and flagship Adani Enterprises to raise $1 billion. The proceeds […]

Indian firm used toxic industrial-grade ingredient in cough syrups
Business

Indian firm used toxic industrial-grade ingredient in cough syrups

Posted on: June 28, 2023

[ad_1] By Saurabh Sharma and Krishna N. Das NEW DELHI (Reuters) – The Indian manufacturer of cough syrups that Uzbekistan said last year had poisoned 19 […]

IIT Bombay top Indian educational institute, 149th globally: QS Rankings
Business

IIT Bombay top Indian educational institute, 149th globally: QS Rankings

Posted on: June 28, 2023

[ad_1] The Indian Institute of Technology (IIT), Bombay, emerged as India’s highest-ranked educational institute, showed the QS World Rankings 2024 released on Wednesday. Globally, it was ranked […]

SGX Nifty firm amid mixed global cues; Brent crude at $72/bbl
Business

SGX Nifty firm amid mixed global cues; Brent crude at $72/bbl

Posted on: June 28, 2023

[ad_1] The SGX Nifty, on Wednesday, signaled positive momentum to continue for the second straight day, amidst strong global cues. At 7:01 am, it stood at 18,863 levels, […]

Vedanta-Foxconn re-submit application to set up semiconductor plant
Business

Vedanta-Foxconn re-submit application to set up semiconductor plant

Posted on: June 27, 2023

[ad_1] The Vedanta-Foxconn joint venture (JV) on Tuesday said it had re-submitted an application to set up an electronic chip manufacturing plant in India. “We have […]

Prosus NV slashes valuation of edtech giant Byju’s to $5.1 billion
Business

Prosus NV slashes valuation of edtech giant Byju’s to $5.1 billion

Posted on: June 27, 2023

[ad_1] Dutch-listed technology investor Prosus NV has slashed the valuation of Indian edtech startup Byju’s to $5.1 billion, according to a TechCrunch report. Prosus had downsized the […]

Centre extends deadline for ethanol projects by six months to Sept 30
Business

Centre extends deadline for ethanol projects by six months to Sept 30

Posted on: June 27, 2023

[ad_1] The government has extended the deadline for loan disbursement or project completion of ethanol production facilities by six months, the Ministry of Consumer Affairs has announced. […]

HDFC, HDFC Bank merger effective July 1; HDFC shares delisting on July 13
Business

HDFC, HDFC Bank merger effective July 1; HDFC shares delisting on July 13

Posted on: June 27, 2023

[ad_1] The merger of HDFC into HDFC Bank will be effective July 1, its chairman Deepak Parekh said in a press conference on Tuesday. The boards of […]

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 […]

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