Page 7 of Web First

NY-based AlphaSense nearly doubles valuation to $1.7 bln after $225 mn fundraise

After this round, the New York-based company is valued at $1.7 billion, nearly double the valuation from its $180 million Series…

Updated: June 16, 2022 19:14 IST

Dhanlaxmi Bank shareholders question rights issue plan

“The registered speaker shareholders raised queries relating to the bank on various topics including strategies considered by the bank for…

Updated: June 13, 2022 15:19 IST

Amazon-Future Coupons deal: NCLAT upholds CCI order, directs e-commerce giant to deposit Rs 202 cr penalty

Despite the setback to Amazon, the order has no immediate implication on the Reliance Retail-Future Retail (FRL) deal, which has…

Updated: June 13, 2022 18:54 IST

Lack of infra for alternative; delay ban on plastic by six months, say firms

Currently with no sustainable alternative to plastic available, companies are importing products, driving up costs.

Updated: May 29, 2022 00:18 IST

As per the Supreme Court order dated November 18, 2021, the Centre can sell itsresidual stake in HZL in the open market in accordance with the Sebi rules.

Cabinet approves disinvestment of 29.54% stake in HZL Premium Story

With the privatisation of BPCL now on the backburner, the sale of the HZL stake is likely to be the…

Updated: May 26, 2022 10:07 IST

At present, coal stocks at power plants are about 24.5 million tonne, which, given the current level of consumption, would last for 12 days. There may be some marginal imbalances (of demand and supply) in some areas.

Defaulting discoms have no reason to complain of supply cuts, we can’t allow sickness to spread: Alok Kumar, Union Power Secretary

India’s energy market is moving fast towards market-based price discovery. In a decade, nearly half of power sales in India…

April 13, 2022 18:06 IST

working women, India, working women in India, LinkedIn, LinkedIn jobs, jobs in india, indian working women, flexible working

A majority of women want flexible working

Lack of flexibility leads to ‘flexidus’, as seven in 10 working women in India quit or consider quitting their jobs:…

April 12, 2022 14:27 IST

Leela Goa to be rebranded as St Regis

St Regis Goa will be Marriott International’s ninth hotel in the state. Spread across an area of 49 acres, it…

Updated: April 9, 2022 21:54 IST

The policy has clearly shifted gear from being dovish to a more hawkish guidance and undertone.

RBI changes stance to ‘less accommodative’ monetary policy with new liquidity management tool SDF

The accommodative stance is now geared towards being withdrawn to ensure inflation remains within target.

April 8, 2022 16:59 IST

The RBI’s communication has been very effective unlike some other large central banks.

RBI MPC: A timely pivot

The RBI’s downward revision of the domestic growth forecast to 7.2% (vs 7.8% earlier) was stark with two key changes…

Updated: April 8, 2022 16:56 IST

Direct tax collections up nearly 50%, indirect taxes rose by a fifth

Direct tax collections grew by a massive 49% on year, and indirect taxes by 20%.

Updated: April 8, 2022 23:05 IST

According to TAM Sports, Dhoni was the top visible sportsperson in 2021 based on ad volumes

MS Dhoni scores big this IPL season

Despite recently stepping down as captain of Chennai Super Kings, Dhoni is estimated to rake in an income upwards of…

April 1, 2022 14:52 IST

Axis Bank set to announce Citi cards biz acquisition today

The deal was earlier understood to be worth around $2 billion, but the final value could be lower, sources close…

Updated: March 30, 2022 10:59 IST

He also argues, given the persistent weakness in both labour and product markets, inflation can be self-limiting to a large extent. (File/IE)

‘Current consumer price index seriously out of date’

As domestic economy starts picking up, surplus exports may come down, says Pronab Sen.

Updated: March 29, 2022 00:07 IST

RBI allows SBI Group entities to raise ICICI Bank stake to 9.99%

In a notification to the stock exchanges, ICICI Bank said that in a letter to SBI Funds Management, the RBI…

March 24, 2022 12:53 IST

Invesco decides not to pursue with EGM; reiterates support for merger with Sony

“Invesco will continue to monitor the proposed merger’s progress. If the merger is not completed as currently proposed, Invesco retains…

Updated: March 24, 2022 21:20 IST

According to insider trading data available on BSE, Larsen & Toubro, which owned a 63.5% stake in L&T Finance Holdings at the end of December, had acquired 14.3 million shares between March 17-21.

Promoter hikes stake in L&T Finance Holdings

While L&T picked up 21.22 million shares at an average price of Rs 83.52 on the NSE, the engineering behemoth…

Updated: March 23, 2022 21:42 IST

Exports hit lofty $400-bn target for FY22 ahead of schedule

Importantly, merchandise exports had remained below par in the past decade, having fluctuated between $250 billion and $330 billion a…

March 23, 2022 11:42 IST

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Delhi BMW crash: ‘FIR contradicts police presser,’ says accused Gaganpreet’s lawyer

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Delhi Police arrested Gaganpreet Kaur for the BMW crash that killed Navjot Singh. He highlighted inconsistencies between police statements and the FIR, and even spoke about the delay in taking the victim to a faraway hospital, saying that she had informed the hospital staff beforehand to prepare for an emergency.

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