Business

Telegram raises $210 mn via bond sales amid funding crunch

Telegram raises $210 mn via bond sales amid funding crunch

Encrypted messaging platform Telegram has raised $210 million from several investors via bond sales. The investors include its founder and CEO,…
Govt launches chana dal at subsidised rates under brand name

Govt launches chana dal at subsidised rates under brand name

 Commerce Minister Piyush Goyal on Monday launched the sale of subsidised chana dal under the brand name ‘Bharat Dal’ at…
Govt issues clarification on input tax, levy of tax on subsidiary company s shares

Govt issues clarification on input tax, levy of tax on subsidiary company s shares

The government on Monday issued a clarification regarding taxability of services provided by an office of an organisation in one…
GMR Hyderabad Aviation SEZ Ltd signs lease agreement with Safran Aircraft Engines for MRO

GMR Hyderabad Aviation SEZ Ltd signs lease agreement with Safran Aircraft Engines for MRO

GMR Hyderabad Aviation SEZ Limited (GHASL), a 100 per cent subsidiary of GMR Hyderabad International Airport Ltd. (GHIAL) has recently…
Deficient rainfall, lower sowing of rice & pulses push prices higher

Deficient rainfall, lower sowing of rice & pulses push prices higher

Deficient rainfall and the consequent lower sowing of rice and pulses have pushed prices higher. Kharif sowing as of July…
LG plans $39.5 bn investment to hit $79 bn in sales by 2030

LG plans $39.5 bn investment to hit $79 bn in sales by 2030

 LG Electronics aims to spend $39.5 billion in research and development, facility. And strategic investment as it aims to reach…
Bitcoin crashes over reports of Binance laying off 1,000 employees

Bitcoin crashes over reports of Binance laying off 1,000 employees

Bitcoin prices nosedived on Saturday after leading cryptocurrency exchange Binance reportedly laid off roughly 1,000 workers, and the layoffs could…
Flipkart pays $700 mn to workers after PhonePe split

Flipkart pays $700 mn to workers after PhonePe split

 E-commerce major Flipkart on Friday began a “one-time discretionary” cash payment of $700 million to employees following its separation from…
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