Category: Business

US-based Invesco raises Swiggy’s valuation to $8.3 bn

New Delhi, Jan 4 (SocialNews.XYZ) US-based investment company Invesco has raised IPO-bound food delivery platform Swiggy's valuation to about $8.3…

2 years ago

IndiGo announces to remove fuel charges after reduction in ATF

New Delhi, Jan 4 (SocialNews.XYZ) Budget carrier IndiGo on Thursday announced the removal of fuel charge applicable on its on…

2 years ago

In the last few days, globally markets are correcting

New Delhi, Dec 4 (SocialNews.XYZ) A predictable market trend is that high valuations will lead to corrections. The unpredictable part…

2 years ago

Superpedestrian to auction 20K e-scooters after winding up operations

San Francisco, Jan 4 (SocialNews.XYZ) Electric scooter company Superpedestrian has shut down operations and will put more than 20,000 e-scooters…

2 years ago

6 carmakers to recall over 72,000 vehicles for faulty parts

Seoul, Jan 4 (SocialNews.XYZ) Tesla Korea, Hyundai Motor and four other carmakers will recall over 72,000 vehicles due to faulty…

2 years ago

Intel launches enterprise GenAI software firm with Arun Subramaniyan as CEO

New Delhi, Jan 4 (SocialNews.XYZ) Chip giant Intel has announced a new enterprise-focused generative AI (GenAI) software company called Articul8…

2 years ago

Industry veteran CP Gurnani joins upGrad’s board to help it expand globally

New Delhi, Jan 4 (SocialNews.XYZ) In a bid to further help upGrad become a highly export-oriented product, Indian IT industry…

2 years ago

Burman family raises concerns over allotment of 8% stake in RFL to Rashmi Saluja through ESOPs

New Delhi, Dec 3 (SocialNews.XYZ) The Burman family, which collectively owns 21.24 per cent of Religare Finvest Limited (RFL) through…

2 years ago

Religare board upholds highest standards of corporate governance in all transactions, stands by REL management

New Delhi, Dec 3 (SocialNews.XYZ) The approval sought at the AGM of Religare Finvest Limited (RFL) held on September 26,…

2 years ago

Investment deals worth Rs 7.17 tn signed ahead of Vibrant Gujarat summit

Gandhinagar, Jan 3 (SocialNews.XYZ) Gujarat has inked preliminary investment agreements totalling a staggering Rs 7.17 trillion (approximately $86.07 billion) with…

2 years ago

Site execution for HPL’s largest phenol plant begins in Haldia

Kolkata, Jan 3 (SocialNews.XYZ) Petrochemicals major Haldia Petrochemical Limited (HPL) announced on Wednesday that it has begun the site execution…

2 years ago

RBI issues order to tweak NCD, commercial paper norms

Mumbai, Jan 3 (SocialNews.XYZ) The RBI issued direction on Wednesday to introduce changes in the norms related to non-convertible debentures…

2 years ago

Over Rs 2cr fine imposed on various airlines in 2023: DGCA

New Delhi, Jan 3 (SocialNews.XYZ) The DGCA had imposed penalties totalling over Rs 2 crore on airlines like Air India,…

2 years ago

Unacademy’s losses down 40% in FY23, revenue grows 26%

New Delhi, Jan 3 (SocialNews.XYZ) Edtech company Unacademy's losses decreased by about 40 per cent in FY23, as its revenue…

2 years ago

India’s GDP to touch $4 tn ahead of LS polls: Piyush Goyal

New Delhi, Dec 3 (SocialNews.XYZ) India will become a $4 trillion economy before the Lok Sabha elections and in 2…

2 years ago

ONGC wins 7 of 10 oil exploration blocks put up for bidding

New Delhi, Jan 3 (SocialNews.XYZ) Public sector giant Oil and Natural Gas Corporation (ONGC) won seven of the 10 oil…

2 years ago

India saw highest private equity, venture capital exits in 2023: Report

New Delhi, Jan 3 (SocialNews.XYZ) India saw the highest number of private equity and venture capital exits in 2023, according…

2 years ago

Adani Group to set up data centre, aerospace park in Telangana

Hyderabad, Jan 3 (SocialNews.XYZ) The Adani Group has come forward to invest in Telangana and it is keen to set…

2 years ago

Indian origin-led early stage VC firm Countdown Capital to shut down

San Francisco, Jan 3 (SocialNews.XYZ) Indian-origin entrepreneur Jai Malik-led early-stage venture capital firm Countdown Capital will reportedly shut down by…

2 years ago

Vedanta gets bondholders’ consent for debt restructuring plan

Mumbai, Jan 3 (SocialNews.XYZ) Anil Agarwal-led Vedanta Resources said on Wednesday that it has received the support of 97 per…

2 years ago



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