Byju Raveendran Mortgage Two Bengaluru Homes For $12 Million To Ensure Salary Of 15000 Employees: Report
Indian edtech giant Byju's is reportedly in the process of raising ₹600-700 crore ($80-93 million) to cover operational expenses until March 2024. The funding is expected to come through a…
BJP Parliamentary Meet Tomorrow Amid Suspense Over Chief Minister Picks
The Bharatiya Janata Party (BJP) will hold the Parliamentary party meeting tomorrow at Balayogi Auditorium in the Parliament House complex amid suspense over the selection of Chief Ministers in three…
Adani Group To Invest $75 Billion On Energy Transition Initiatives By 2030
Adani Group has plans to invest $75 billion in energy transition initiatives by 2030, its chairman Gautam Adani said today. The investments will boost the group's vision to have 45…
Warburg Pincus set to sell stake in Bharti Airtel, IDFC First Bank after CAMS exit this week
Warburg Pincus is offloading its stake in three portfolio companies, selling total shares worth over ₹5,000 crore this week, taking advantage of the window provided after the state assembly election run-up in…
India’s Ola Electric slashes sales targets ahead of planned IPO
India's Ola Electric has slashed its sales goals for 2023-2025 by more than half and delayed its target of achieving profits by a year, after reduced government incentives pushed up…
Trade Setup for December 7: Nifty 50 needs the banking rally to continue for scaling 21,000 and beyond
The Nifty 50's unbeaten run continued for the seventh day running although the index faced some resistance above the 20,950 mark during mid-week trading. Thursday will also be the weekly…
McDonald’s aims to open nearly 9,000 restaurants, add 100 million loyalty members by 2027
McDonald’s wants to open more than 8,800 locations and add 100 million members to its loyalty program by 2027. The targets are part of the fast-food giant’s long-term plans to grow…
TikTok parent ByteDance offers share buyback valuing the Chinese giant at $268 billion
TikTok parent ByteDance plans to spend up to $5 billion buying back stock, a person familiar with the matter told CNBC, as one of the world’s most valuable startups seeks…
U.S. crude drops below $70 per barrel, gas prices fall to 11-month low
U.S. crude declined nearly 4% on Wednesday with retail gasoline prices hitting the lowest point since January ahead of the holiday shopping and travel season. The West Texas Intermediate contract for January…
Bank of England warns that higher rates ‘have yet to come through’ to an already weak economy
LONDON — The Bank of England on Wednesday warned that although household finances are faring better than expected, higher borrowing costs have yet to fully feed through to the economy. In its…
