Monday, October 26, 2020

Arbaz Khan

Asia’s Richest Banker Uday Kotak Reccomends Overseas Investors To Invest In Indian Digital To Consumer Sector Industry

According to Uday Kotak, Asia's richest banker, this is the time for overseas investors to invest in Indian digital to consumer sector companies, as the economic fallout of the coronavirus pandemic makes valuations of businesses attractive. Uday Kotak, the managing...

Footech Unicorn Zomato Raises $52 Million From US Based Kora Investments, Likely To Go Public By Q1FY2021

With the continuing efforts to bolster its cash reserves at a time when the food delivery sector is rebounding from the ravages of the coronavirus pandemic, Foodtech unicorn Zomato has raised $52 million from US-based Kora Investments. Zomato raised the...

V SHaped Recovery Seen In Multiple High-Frequency Indicators, Government Measures Driving Force Behind Economic Growth: Finance Minister Nirmala Sitharaman

On Thursday, Finance Minister Nirmala Sitharaman announced a V-shaped pattern of recovery is being seen in several high-frequency indicators, various measures taken by the government being the driving force to revive economic growth, hit hard by the outbreak of...

Bangladesh Set To Surpass India In Per Capita GDP Amidst COVID-19 Recession, IMF Projects

A political slugfest has been created after the International Monetary Fund’s projection, that Bangladesh is set to surpass India in nominal per capita GDP terms in 2020, but the analysis of the IMF data suggests the event is unlikely...

Competition Commission of India Approves Acquisiton Of Solar Energy Generation Assets Of Adani Green Ten Ltd

The Competition Commission of India (CCI) has approved the acquisition of solar energy generation assets of Adani Green Energy Ten Limited (AGE10L) by Adani Green Energy Twenty-Three Ltd (AGE23L). An official statement said these approvals are under Section 31(1)...

Hughes Communications Wins Government Bid To Connect 5,000 Villages In Border and Naxal Areas Under BharatNet Project

Hughes Communications got selected by the government of India with an aim of connecting 5,000 village panchayats in the border and Naxal-affected states as well as in island territories with satellite broadband under the BharatNet project by March next...

Wipro Announces Share Buyback Worth ₹9500 Crores Amounting To 4.16% Of Total Paid-Up Equity Shares

On Tuesday, Wipro announced it will buy back shares of ₹9500 crore, the second cash-rich IT company after larger rival Tata Consultancy Services announced a share purchase program last week. India's fourth-largest IT company will buy 4.16 percent of the...

Reliance Jio Becomes The First Mobile Service Provider To Cross The 40 Crore Customer Mark in India, Gains 35% Market Share Over Competitors

As per the data published by telecom regulator TRAI this Monday, Reliance Jio emerged itself as the first mobile service provider to cross the 40 crore customer mark in India with a net addition of over 35 lakh subscribers...

India’s Retail Inflation Increases To Eight-Month High Of 7.34%, Will RBI’s Tough Growth Promotion Strategies Yeild Results?

In September, India’s retail inflation increased to an eight-month high of 7.34% over increasing prices of essential kitchen items, government data showed on Monday, making the Reserve Bank of India’s RBI’s task to push growth by reducing the interest...

Vednata Delisting Offer Fails Over Confusions In Tendering Process, What To Do With Your Vendanta Shares Now?

On October 10th, mining major Vedanta in a regulatory filing declared its delisting offer is deemed to be unsuccessful. According to the company, a large number of unconfirmed orders is the reason. In the Delisting supply, the entire range of...

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Ajay Devgn is not a part of Prabhas starrer Adipurush;false rumors denied

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