Business

LIC net gains from holdings in Adani Group at Rs 27,300 crore

LIC net gains from holdings in Adani Group at Rs 27,300 crore

Life Insurance Corporation of India (LIC) has made net gains of Rs 27,300 crore from investments in Adani Group shares.…
FM likely to try and pull fiscal deficit below 6% in 2023-24

FM likely to try and pull fiscal deficit below 6% in 2023-24

 As Union Finance Minister Nirmala Sitharaman prepares to present the last full budget of the NDA government before the 2024…
Hindenburg fraud type assertions are devoid of facts: Adani Group

Hindenburg fraud type assertions are devoid of facts: Adani Group

 The Adani Group has said that accounting (or fraud type assertions) “investigation” by Hindenburg Research are devoid of facts. Of…
BharatPe paid Rs 1.69 cr salary to Ashneer in FY22, Rs 63 lakh to his wife

BharatPe paid Rs 1.69 cr salary to Ashneer in FY22, Rs 63 lakh to his wife

 Fintech platform BharatPe paid a salary of Rs 1.69 crore to its Co-founder and managing director Ashneer Grover in FY22,…
Govt to facilitate sale of 25 lakh metric tonnes wheat in open market from Feb 1

Govt to facilitate sale of 25 lakh metric tonnes wheat in open market from Feb 1

The government is going to offer 25 lakh metricAtonnes of wheat for sale from February 1, under the open market…
RBI Governor says current account deficit ’eminently manageable’

RBI Governor says current account deficit ’eminently manageable’

Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday said that the current account deficit is “eminently manageable” and…
Air India’s progress has been ‘nothing short of stunning’, says CEO

Air India’s progress has been ‘nothing short of stunning’, says CEO

 Air India CEO Campbell Wilson on Friday said that its progress over the last 12 months has been “nothing short…
BharatPe losses swell in FY22 after change in fair value of CCPS

BharatPe losses swell in FY22 after change in fair value of CCPS

 Fintech platform BharatPe suffered huge losses to the tune of Rs 5,610.7 crore in the financial year 2021-22, due to…
FM participates in ‘Halwa’ ceremony to mark final stage of budget preparations

FM participates in ‘Halwa’ ceremony to mark final stage of budget preparations

 Finance Minister Nirmala Sitharaman and two junior ministers Bhagwat Karad and Pankaj Chaudhary along with senior officials of the finance…
Tech major IBM lays off 3,900 employees, bets big on hybrid cloud, AI

Tech major IBM lays off 3,900 employees, bets big on hybrid cloud, AI

Tech giant IBM is laying off 3,900 employees, which is a result of the spinoff of IT infrastructure services provider…
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