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Massive I-T raid on Hero MotoCorp premises including Pawan Munjal’s residence

Offices and residential premises of the company, including that of chairman and CEO Pawan Munjal located in Gurugram (Haryana), Delhi…

Updated: March 24, 2022 01:16 IST

Consecutively, Byju’s is also one of the most funded start-ups in the consumer Internet segment in India, having raised around $4.5 billion in both equity and debt funding to date from top-notch investors.

Byju Raveendran invests $400mn in BYJU’S as part of an $800mn round

The Bengaluru-based start-up was valued at $22 billion in the current round, making it one of the most valued edtech…

March 11, 2022 21:24 IST

A Bench led by Justice Vineet Saran stayed the NCLAT and NCLT order after lawyers for 63 Moons and three directors argued that the company was not responsible for the misdeeds of its parent company.

Big relief to 63 Moons; SC stays order allowing appointment of govt nominees on board

The apex court also allowed its two directors Dewag Nerala and Manjay Shah to get reappointed as directors of other…

Updated: March 9, 2022 20:41 IST

Cabinet approves SPV for land monetization

Since the desired skill on monetization of non-core assets in government is limited, finance minister Nirmala Sitharaman had announced in…

March 9, 2022 14:29 IST

CapitaLand Investment appoints Gauri Shankar Nagabhushanam as CEO India Business Parks

Gauri Shankar will bring more than 20 years of experience to the role and will succeed Vinamra Srivastava, who will…

March 9, 2022 13:01 IST

Edtech unicorn Emeritus secures $350 million in debt from Canadian Pension Board

The Mumbai and Singapore based start-up said that it will use the debt money primarily for mergers and acquisition as…

March 8, 2022 13:45 IST

, Sharma has consistently been the most popular player in the IPL over the last three years

Rohit Sharma: brand world’s new poster boy

While the Indian skipper’s brand value has surged in recent years, Sharma may still be some way off from commanding…

Updated: March 8, 2022 18:26 IST

CredAvenue joins unicorn club with series B funding of $137 Mn

CredAvenue, a digital platform that connects enterprises with lenders and investors has secured fresh funding worth $137 million in its…

Updated: March 7, 2022 13:03 IST

Shyamsunder will take over from Saurabh Jain, who resigned from this current role on 28 February. Jain will be moving to another role within the Navi Group where he will lead a new business vertical.

Hari Shyamsunder to be new CEO of Navi Mutual Fund; Saurabh Jain moves to another role within group

Shyamsunder joined Navi AMC in 2021, after over a decade at Franklin Templeton, where he was a co-portfolio manager and…

March 4, 2022 19:15 IST

It would look at raising Rs 10,000 crore by way of private placement, qualified institutions placement or through any other permissible mode in one or more tranches.

Vodafone Idea to get Rs 4,500 cr funds from Voda, Aditya Birla; looks to raise another Rs 10,000 cr later

The Aditya Birla Group holds a 27.66% stake in Vodafone Idea, while Vodafone Plc holds 44.39%.

Updated: March 3, 2022 22:09 IST

"However, the evidences collected during the investigation indicated that this entity has been rendering significant services/ operations of high-end nature. On this aspect, suppression of income of Rs 400 crore has been detected," the finance ministry said in a statement. The ministry did not name the company.

I-T dept detects tax evasion by Chinese firm Huawei

The searches, which were spread across Delhi, Gurugram and Bengaluru covered the main business premises and also the residential premises…

Updated: March 3, 2022 18:47 IST

The ministry has not yet fixed any time line as to when the first phase of auction would be rolled out for selecting MDOs, a senior CMPDIL executive said.

CIL to retain ownership of 100 mines proposed for offer

CIL’s panning and designing arm, Central Mine Planning and Design Institute ( CMPDI) has been engaged to identify such mines…

March 2, 2022 20:02 IST

Employees at junior management are, on an average, expected to receive a double-digit increment in 2022.

Expect 9-10% salary hikes this year; Deloitte says pay increment outlook now better than Pre-Covid

The increments are expected to be higher across all major sectors, compared with 2021 and the pre-pandemic levels observed in…

March 2, 2022 18:55 IST

In fact, the Telecom Regulatory Authority of India (Trai), which submitted its recommendations to the DoT way back in August 2014 has also favoured a light licensing approach and not auctioning this spectrum.

Govt looking into demands for delicensing spectrum in E and V bands

The value of E and V band spectrum is low because they have very poor propagation characteristics. These bands are…

Updated: March 2, 2022 18:32 IST

BharatPe accuses Grover family of swindling company funds, vows to take legal action

BharatPe said that the board of directors will now look to further strengthen the fintech firm’s corporate governance, including the…

Updated: March 2, 2022 20:46 IST

GST collections at Rs 1.33 lakh crore in February

In February, Rs 24,435 crore was Central GST, Rs 30,779 crore State GST, Rs 67,471 crore Integrated GST (including Rs…

March 1, 2022 14:06 IST

Climate change would economically harm India and could hit its food production: IPCC

Agreement of 2015 seeks to keep the global rise in temperatures ‘well below’ 2 degree Celsius from pre-industrial times, while…

March 1, 2022 10:18 IST

Kerala rolls out aggressive promotional campaigns to revive tourism

Tourism minister PA Mohamed Riyas said the pandemic had tapered off considerably across the globe, resulting in the lifting of…

February 28, 2022 18:24 IST

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