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Byju’s Faces Deadline for $40 Million Payment of $1.2 Billion Loan

Nidhi Mishra -
Byju's, the prominent edtech company, is facing a critical deadline for the payment of $40 million as part of its $1.2 billion loan. The...
Bank

Tata Group signs Rs 13,000-crore EV battery plant deal with Gujarat.

Nidhi Mishra -
In a significant development for the electric vehicle (EV) industry, Tata Group has signed a groundbreaking Rs 13,000-crore deal with the Gujarat state government...
Bank

Foxconn to Commence iPhone Production in Karnataka by April 2024 as Apple Supplier Expands Operations

Nidhi Mishra -
Foxconn, a leading global electronics manufacturer and key supplier to Apple, has announced plans to commence iPhone production in Karnataka, India by April 2024....
Bank

Robust GDP Growth of 6.1% in Q4 and 7.2% for Full FY23; Construction and Agriculture Sectors Bring Positive Surprises

Nidhi Mishra -
The latest economic data reveals a robust performance for the Indian economy, with GDP growth reaching 6.1% in the fourth quarter (Q4) and 7.2%...
Bank

Elon Musk Reclaims Title as World’s Richest Person, Surpassing Bernard Arnault

Nidhi Mishra -
In a recent development, Elon Musk has once again claimed the coveted position of the world's richest person. Musk's resurgence in wealth came as...
Bank

US Debt Ceiling Deal Overcomes Initial Hurdle in the House, Despite Republican Opposition

Nidhi Mishra -
Efforts to raise the US debt ceiling have taken a step forward as the legislation successfully cleared its first procedural hurdle in the House...
Bank

Reserve Bank of India’s Balance Sheet Expands 2.5% to Rs 63.45 Trillion in FY23, Boosted by Higher Income

Nidhi Mishra -
The Reserve Bank of India (RBI) has reported a notable expansion of its balance sheet for the fiscal year 2022-2023 (FY23). The central bank's...
Bank

Byju’s Valuation Slashed by BlackRock, Now Stands at $8.4 Billion, a 62% Reduction

Nidhi Mishra -
BlackRock, the global investment management corporation, has once again revised its valuation of Indian edtech giant Byju's, reducing it by a significant 62%. The...
Bank

Stringent Regulations in Retail Sector: Over 3,000 Rules with 37% Carrying Risk of Imprisonment

Nidhi Mishra -
The retail sector in India faces an extensive regulatory landscape, with a staggering number of over 3,000 rules that businesses are required to adhere...
Bank

Apollo Hospitals Enterprise Reports Impressive Q4 Results: Net Profit Surges 60% to Rs 145 Crore

Nidhi Mishra -
Apollo Hospitals Enterprise, one of India's leading healthcare providers, has announced its financial results for the fourth quarter, showcasing a remarkable growth trajectory. The...
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