U.A.E-based Lulu Group opened its first shopping mall in the presence of Telangana Municipal Administration Minister K.T. Rama Rao and LuLu Group International chairman & MD M.A. Yusuff Ali, in Hyderabad on September 27, 2023. | Photo Credit: G. Ramakrishna U.A.E.-based retailer Lulu Group on September 27 opened its first [...]
Home Business Flipkart, Amazon To Launch Sales Soon: How Credit Card Users Can Maximise Saving This Festive Season During this festive season, if you do hopping through credit cards instead of cash, then you can save money in many ways. All credit cards have unique benefit structure and that includes [...]
Bloomberg | | Posted by Singh Rahul Sunilkumar Adani Ports and Special Economic Zone Ltd. will buy back as much as $195 million of its 2024 bond, as the Indian conglomerate backed by billionaire Gautam Adani seeks to move on from the allegations levied by a US shortseller. Adani Ports [...]
NEW DELHI: India will sell 50-year bonds for the first time, introducing ultra-long maturity debt to cater to the growing demand from insurance and pension funds.The new bond adds to the 30-year and 40-year tenor debt sold, extending the nation’s yield curve, according to a borrowing plan released by the [...]
Representational image only. | Photo Credit: AP A senior Qatar Airways executive told an Australian Senate inquiry on September 27 there would be no repeat of an incident at Doha’s international airport in 2020 in which female passengers were subjected to invasive gynaecological examinations. Australian Transport Minister Catherine King said [...]
Home Business Impact of Vibrant Gujarat Summit: State’s GDP Grew at 15% In Past 20 Years Vibrant Gujarat Summit: The state has witnessed the lowest unemployment rate (2.2%) among other major states in the country in the last 20 years. Gujarat has now 15.5% share in India’s total renewable energy [...]
Reuters | | Posted by Aryan Prakash Indian education firm Byju’s plans to cut around 5,500 jobs to decrease costs amid a restructuring of its business, the Economic Times reported on Tuesday. Byju’s has experienced a series of business setbacks, including its auditor and board members quitting(Shutterstock) Arjun Mohan, who [...]
Layoffs in Byjus: With this, total number of employees at BYJU’s will fall to 31,000-33,000. New Delhi: Edtech major BYJU’s may lay off up to 3,500 employees during the current fiscal as it looks to consolidate teams and enhance regional focus, sources privy to the development said. According to one [...]
The inclusion of India in a major global bond index is expected to strengthen the rupee against its peers, despite the possibility of higher US interest rates affecting the appeal of emerging market assets, according to an ET report. The Reserve Bank of India is likely to absorb some of [...]
Stock brokers react as during the market trading hours in Kolkata. | Photo Credit: ANI Benchmark equity indices declined in early trade on Wednesday, September 27, 2023, amid weak trends in the US markets and continuous foreign fund outflows. The 30-share BSE Sensex fell 202.34 points to 65,743.13. The Nifty [...]