OYO begins discussions with banks for IPO
NEW DELHI: Global travel tech platform OYO has started discussions with bankers for a fresh attempt at IPO, targeting a listing in the last quarter of the current financial year, sources said. Preliminary discussions with investment banks have indicated a potential valuation range of USD 6-7 billion for the public offering. The company started informal […]
Rakesh Gangwal, family trust sell 5.7 pc stake in IndiGo for Rs 11,385 crore
NEW DELHI,: InterGlobe Aviation promoter Rakesh Gangwal and his family trust on Tuesday sold a 5.7 per cent stake in the airline for about Rs 11,385 crore (USD 1.33 billion) through a block deal, according to sources. Apart from Gangwal, the Chinkerpoo Family Trust, whose trustees are Shobha Gangwal and JP Morgan Trust Company of […]
India to become 4th largest economy by end of 2025: NITI Member Arvind Virmani
NEW DELHI, May 26: NITI Aayog member Arvind Virmani on Monday said India is set to become the fourth largest economy in the world by overtaking Japan by the end of 2025. The International Monetary Fund (IMF), in its World Economic Outlook (WEO) report released in April had said that India is expected to be […]
Byju’s Learning app delisted from Google Playstore due to non-payment to vendor
NEW DELHI, : Beleaguered edtech firm Byju’s learning app has been delisted from Google Playstore due to non-payment of dues to its vendor Amazon Web Services, according to sources. While some of the other apps of Think and Learn, which operate under the Byju’s brand, continue to be functional on Google Playstore. “BYJU’s Learning app […]
Technology workforce in Bengaluru crosses 1mn mark; IT city among 12 global tech hubs: CBRE
NEW DELHI,: Bengaluru is among the top 12 global technology hubs with a tech workforce in the IT city crossing the 1 million mark, according to CBRE. Real estate consultant CBRE has released a report, ‘Global Tech Talent Guidebook 2025’, which highlights global tech talent dynamics across 115 markets. The report evaluates these markets […]
Aadhaar Card Download and UIDAI: A Comprehensive Guide
MUMBAI: The Aadhaar card, issued by the Unique Identification Authority of India (UIDAI), is a 12-digit unique identification number for Indian residents. It serves as proof of identity and address, enabling access to government services, subsidies, and financial transactions. This guide explains Aadhaar Card Download and details UIDAI’s role. What is an Aadhaar Card?Aadhaar is […]
Insecticides India launches new herbicide ‘Altair’ for paddy crop
NEW DELHI, : Insecticides India Ltd (IIL) on Monday announced the launch of a patented pre-emergent herbicide ‘Altair’ to tackle persistent weed challenges in the paddy crop. Altair has been developed by Japanese firm Nissan Chemical Corporation and will be exclusively marketed by IIL in India, the company said in a regulatory filing. IIL […]
US officials likely to visit India for next round of talks on interim trade pact: Sources
NEW DELHI: A team of US officials is expected to visit India in the coming weeks for the next round of discussions on the proposed interim trade agreement between the two countries, sources said. The visit gains importance as India and the US are likely to agree on an interim trade agreement before July 9, […]
Volvo Cars to reduce 3,000 jobs globally
GOTHENBURG, : Volvo Cars on Monday announced a major global restructuring plan involving the reduction of approximately 3,000 positions worldwide, including 1,200 employee-held roles in Sweden, as part of a SEK 18 billion cost and cash action initiative aimed at streamlining operations and reinforcing financial resilience. The move comes in the backdrop of increasing challenges […]
TERI joins hands with Hiranandani, Krisala Developers for sustainable 105-acre township near Pune
PUNE,: Hiranandani Communities and Krisala Developers have partnered with The Energy and Resources Institute (TERI) to transform their 105-acre greenfield township project into a model for sustainable urban living. The integrated township, planned in North Hinjawadi in Pune, aspires to set new benchmarks in air quality and overall livability, according to the developer. TERI, a […]
