The consortium, which includes budget carrier SpiceJet's managing director Ajay Singh and Busy Bee Airways, increased the bid amount between 1 billion rupees ($12.06 million) and 1.5 billion rupees, one of the sources said.
1 min read01:33 PM ISTDeloitte plans to restructure by reducing business units to four amidst cost-cutting measures ahead of a market slowdown, with a focus on audit, strategy, technology, and tax. The Big Four accounting firms are also facing challenges as client demand decreases due to economic uncertainty.
1 min read11:47 AM ISTWhile Nvidia shares fell nearly 2% after CEO Jensen Huang's two-hour presentation on March 18, his touts of other companies sent their stocks higher. Ansys Inc., Cadence Design Systems Inc., Dell Technologies and Synopsys Inc. were the beneficiaries.
1 min read08:23 AM ISTThe billionaire tech mogul, in an interview with former CNN anchor Don Lemon, also claimed that he has a doctor's prescription for the use of ketamine
1 min read07:20 AM ISTCo-founder and CEO of Reddit, Steve Huffman built the platform's first website himself in the programming language Lisp. He had started programming as a kid, and would later say that he spent his “formative years as a young troll on the Internet.”
6 min read06:37 AM ISTSources told Reuters that the oversubscription does not guarantee a strong performance during the IPO debut on March 20, but does indicate that the company's targeted price range of $31-34 per share is within reach.
1 min read18 Mar 2024Flipkart attributed the decline in valuation to the demerger of fintech firm PhonePe into a separate company. Sources, however, peg the current valuation of Flipkart in the range of $38-40 billion, PTI reported.
2 min read18 Mar 2024So, what does this mean for customers? Paytm's users can now continue to access Unified Payments Interface or UPI function.
3 min read15 Mar 2024Hon Hai Precision Industry Company (Foxconn) on March 14 reported a bigger-than-expected 33 percent increase in Q4 net profit and said it was also looking for a significant rise in revenue this year.
1 min read15 Mar 2024From offering smaller milk containers to cooking eggs on the spot instead of in advance, Google has found ways to put less food in the trash while trying to make sure employees don’t feel cheated out of one of the company’s most beloved perks
3 min read14 Mar 2024The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared
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