Business
- Business
Bira 91 raises $25 mn to expand manufacturing footprint
New Delhi: B9 Beverages Ltd, Bira 91’s parent company, on Wednesday said it is raising $25 million in new funding from Tiger Pacific Capital, an Asia-focused fund headquartered in New York and…
- Top Stories
Nightlife, businesses in Hyderabad likely to get push soon
Hyderabad: Nightlife and businesses in Hyderabad are likely to receive a boost as the Telangana government aims to promote the night economy, allowing commercial establishments and eateries to remain open 24×7. According…
- Business
80% of Indian mid-market firms bullish on growth, create more jobs this year
New Delhi: Driven by initiatives such as ‘Make in India’, ease of doing business and ongoing digital transformation, 80 per cent of Indian mid-market businesses maintain a positive economic outlook in the…
- Business
India retail market set to reach $2 trillion in next decade: Report
Mumbai: India continues to be a bright spot among the major economies and the retail market is expected to reach $2 trillion in next 10 years, presenting a large opportunity for retailers,…
- Middle East
UAE to impose Rs 2.25L fine for late corporate tax registration
Abu Dhabi: The United Arab Emirates (UAE) has announced an administrative penalty of Dirham 10,000 (Rs 2,25,735) for late registrations for corporate tax. On Tuesday, February 27, the finance ministry announced cabinet…
- Top Stories
Bitcoin crosses USD 57,000 for first time since 2021
New York: Bitcoin led a major rally for cryptocurrency prices and related stocks on Tuesday as it bolted above USD 57,000 for the first time since November 2021, reports said. Bitcoin on…
- Business
P2P lending platform LenDenClub allegedly suffers data breach: Researchers
New Delhi: Researchers at New Delhi-based nonprofit organisation CyberPeace on Saturday claimed they have discovered an alleged huge data breach at LenDenClub, a peer-to-peer (P2P) lending platform, that may have affected 22…
- Stock Market
Indian stock market multiplied 4 times compared to zero returns for China since 2010
Mumbai: The Chinese market’s underperformance has been stark for many years now, said V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services. In early 2010, the Shanghai composite index was around 3,000.…
- Business
Hyundai’s accumulated sales set to reach 100 mn units in 2023
Seoul: South Korea’s top automaker Hyundai Motor is widely anticipated to reach accumulated shipments of 100 million units this year since its first sales in 1968, the company said on Monday. The…
- India
Paytm working with other banks to continue UPI services on app
New Delhi: UPI service on Paytm will continue to work as normal as the company is working with other banks to make changes in the back-end for continuity of its services, the…
- Business
BYJU’s investors seek ouster of founders
New Delhi: Around six investors in Think and Learn Private Limited, which operates under BYJU’s brand, have called for an extraordinary general meeting to address issues at the edtech major and oust…
- India
Centre announces Rs 1L cr corpus with 50-yr, interest-free loans for tech-savvy youth
New Delhi: The government on Thursday announced a Rs 1 lakh crore corpus for youth for long-term financing and refinancing that will help young entrepreneurs innovate and grow at scale in the…
- Business
L&T shares slump over 4% on lower than expected margins
New Delhi: Larsen & Toubro shares slumped over 4 percent on Wednesday after the company missed profit estimates due to lower than expected margins. L&T shares were down 4.4 percent at Rs…
- Business
Zerodha’s Kite app goes down for 4th time in 4 straight months
New Delhi: Brokerage firm Zerodha’s trading app Kite on Monday suffered another technical glitch, marking the fourth straight month the platform has faced such issues. Several users took to the X platform…
- News
Bengaluru Business Corridor: Revitalizing long-pending peripheral ring road project
Bengaluru: After years of delays and setbacks, the long-stalled Peripheral Ring Road (PRR) project in the capital city is now set for revival under a new identity – the ‘Bangalore Business Corridor’…
