[ad_1] Private equity firm Bain Capital will offload its remaining 1.08 per cent stake (33.37 million shares) in private sector lender Axis Bank. The clean-up trade will be executed on Tuesday. The price range for the share sale has been set at Rs 1,071 – Rs 1,076 per share, a discount of up … Read more
[ad_1] Jack Ewing & Neal E Boudette Tesla appeared to be losing command of the market it effectively created after it reported a stunning drop in quarterly sales on Tuesday, raising fresh questions about Elon Musk’s leadership of the company. The sales decline caught investors off guard as rivals like BYD … Read more
[ad_1] Premium Illustration: Binay Sinha As in the previous editions of BS1000, the list of the country’s top unlisted companies is dominated by the Indian subsidiaries or associates of global multinationals (MNCs). In all, 17 out of the best 30 unlisted companies in the league table are local subsidiaries of global multinationals. Some such … Read more
[ad_1] Fintechs are under regulatory scanner and edtech has its own challenges. So, what next for India’s startup sector? [ad_2] Source link
[ad_1] Only eight of 30 companies that are part of the BSE Sensex index have disclosed their purchases of electoral bonds or other financial contributions to political parties in their annual reports at least once in the past five financial years. Collectively, these companies spent Rs 628 crore on political contributions in the … Read more
[ad_1] Steel tycoon Lakshmi Mittal, billionaire Sunil Bharti Mittal’s Airtel, Anil Agarwal’s Vedanta, ITC, Mahindra and Mahindra, and a lesser-known entity called Future Gaming and Hotel Services are on the list of purchasers of electoral bonds, according to the Election Commission (EC) data made public on Thursday evening. Future Gaming was probed by … Read more
[ad_1] The Department of Telecommunications’ (DoTs’) Sanchar Sathi portal is discontinuing more than 2,500 fraudulent connections on a daily basis, officials said on Monday. The portal, launched last year, is the government’s primary tool to protect mobile phone users from frauds. Sanchar Saathi detects fraudulent connections and triggers re-verification. Failing … Read more
[ad_1] Ashwini Vaishnaw (Photo: PTI) Tech giant Google on Tuesday agreed to temporarily reinstate the delisted apps of Indian companies and restore the status quo, after meeting with Union Minister Ashwini Vaishnaw, and members of the affected startups. “In the spirit of cooperation, we are temporarily reinstating the apps of the developers with … Read more
[ad_1] Premium Illustration: Binay Sinha The government and its agencies are large buyers of a wide range of goods and services. For example, it is the sole buyer of defence equipment. Public sector undertakings procure inputs for their production processes and are all required to comply with a procurement system that has become increasingly … Read more
[ad_1] At a time when leading Indian information technology (IT) services firms are offering minimal salary increments or delaying appraisal cycles, global capability centres (GCCs) are becoming an enticing choice for talent due to their ability to provide attractive career advancement opportunities and competitive compensation packages. According to talent management firm Randstad, there … Read more