New Delhi, Jan 12 (SocialNews.XYZ) US-based investment firm BlackRock has once again cut the value of its holding in Byju’s, reducing the edtech major’s valuation to a mere $1 billion from $22 billion in early…
Chennai, Jan 11 (SocialNews.XYZ) Software major Infosys Ltd on Thursday said it will acquire InSemi, a semiconductor design and embedded services provider, for Rs 280 crore. In a regulatory filing, Infosys said the acquisition of…
New Delhi, Jan 11 (SocialNews.XYZ) Mid-and-small caps have seen a strong rally in the year gone by that has pushed the valuations above historical average thereby warranting caution in the near-term, Aditya Birla Sun Life…
New Delhi, Jan 11 (SocialNews.XYZ) Polycab India shares plunged 20 per cent on Thursday after reports of Income Tax evasion. Polycab shares were trading at Rs 3,905, down 20.5 per cent on BSE. In an…
New Delhi, Jan 11 (SocialNews.XYZ) Global PC shipments declined 13.9 per cent in 2023 compared to 2022, experiencing unprecedented consecutive declines and marking a stark departure from historical trends tracked since 1995. In 2022, shipment…
Gandhinagar, Jan 10 (SocialNews.XYZ) Commerce and Industry Minister Piyush Goyal on Wednesday said that India and UAE aspire to expand their bilateral trade to $100 billion. He also highlighted efforts that were underway to facilitate…
London, Jan 10 (SocialNews.XYZ) Attacks by Iran-backed militants in the Red Sea have effectively closed one of the world’s main trade routes to most container ships and vessels which carry almost every necessary items from…
New Delhi, Jan 10 (SocialNews.XYZ) The IT sector is expected to post a weak quarter with a sequential decline, HDFC Securities said in a report. This is due to increased furloughs, Q3 seasonality, a prolonged…
Mumbai, Jan 10 (SocialNews.XYZ) The Indian rupee recovered early losses to end higher for a sixth straight day on Wednesday as expectations rose about more foreign funds flowing in. The rupee settled at 83.0350 vis-a-vis…
Chennai, Jan 10 (SocialNews.XYZ) Credit rating agency ICRA on Wednesday said its outlook on the Indian aviation industry is stable on the back of the fast-paced recovery in domestic passenger traffic in FY2023 and nine…
Gandhinagar, Jan 10 (SocialNews.XYZ) Global business leaders hailed Prime Minister Narendra Modi’s vision of a developed India as they unveiled their investment plans for the country at the 10th edition of Vibrant Gujarat Global Summit…
New Delhi, Jan 10 (SocialNews.XYZ) Homegrown fintech startup Velocity on Wednesday announced an ambitious Rs 300 crore growth capital fund dedicated to empowering the next wave of B2B software-as-a-service (SaaS) businesses in the country. According…
New Delhi, Jan 10 (SocialNews.XYZ) Apple has removed some top global cryptocurrency exchanges like Binance and Kucoin from its App Store in India after the government sent show-cause notices to these crypto exchanges for not…
New Delhi, Jan 10 (SocialNews.XYZ) The market is moving up and down without a directional trend. Up moves are countered with selling and down moves are responding by buying. A trend might emerge in the…
New Delhi, Jan 10 (SocialNews.XYZ) One97 Communications Limited (OCL) that owns India’s leading payments and financial services company Paytm, on Wednesday announced an investment of Rs 100 crore in Gujarat International Finance Tec-City (GIFT City)…
London, Jan 9 (SocialNews.XYZ) Investors around the world are warning governments over “unmoored” levels of public debt, saying that excessive pre-election borrowing promises risk sparking a bond market backlash, media reports said. Government debt issuance…
New Delhi, Jan 9 (SocialNews.XYZ) Siddhartha Khemka, Head Retail Research Motilal Oswal Financial Services, on Tuesday said that Nifty opened on a strong note on the back of positive global cues, surpassing 21700 on an…
New Delhi, Jan 9 (SocialNews.XYZ) The benchmark indices witnessed volatile trading session, after a roller coaster activity the Nifty ends 32 points higher while the Sensex was up by 31 points, says Shrikant Chouhan, Head-Equity…
New Delhi, Jan 9 (SocialNews.XYZ) Zee Entertainment has reiterated that the Company is committed to the merger with Sony and is continuing to work towards a successful closure of the proposed merger. Zee Entertainment said…
New Delhi, Jan 9 (SocialNews.XYZ) Patanjali Foods shares are up more than 5 per cent on Tuesday to hit a new 52-week high. Patanjali Foods shares were trading at Rs 1,687, up 5.5 per cent…