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Janus Henderson downgrades Investments in PharmEasy’s Parent Company, API Holdings to $2.7 billion-thumnail

Janus Henderson downgrades Investments in PharmEasy’s Parent Company, API Holdings to $2.7 billion

Janus Henderson downgrades investments in PharmEasy’s parent company, API Holdings, to $2.7 billion, less than half its September 2021 valuation. Other investors, including Neuberger Berman, have also reduced their investments

Investment & Funding

Jun 2, 2023

Bank of Baroda Aims for Steady Growth; Capital Enhancement and Credit Expansion in Focus-thumnail

Bank of Baroda Aims for Steady Growth; Capital Enhancement and Credit Expansion in Focus

Bank of Baroda Aims for Steady Growth; Capital Enhancement and Credit Expansion in Focus

Finance

Jun 2, 2023

Aurum PropTech Acquires Home Rental Startup NestAway for Rs. 90 Cr-thumnail

Aurum PropTech Acquires Home Rental Startup NestAway for Rs. 90 Cr

Aurum PropTech Acquires Home Rental Startup NestAway for Rs. 90 Cr.

Investment & Funding

Jun 2, 2023

Metaverse and Web3: India’s Potential for a $200 Billion Industry by 2035-thumnail

Metaverse and Web3: India’s Potential for a $200 Billion Industry by 2035

Metaverse and Web3 India’s Potential for a $200 Billion Industry by 2035

Business

Jun 2, 2023

Microsoft and the Directorate General of Training are collaborating to provide digital skills to Indian youngsters-thumnail

Microsoft and the Directorate General of Training are collaborating to provide digital skills to Indian youngsters

Microsoft has worked with India’s Ministry of Skills Development and Entrepreneurship (MSDE) to give training to students and educators at government institutions via the Directorate General of Training (DGT). The

Education

Jun 2, 2023

India’s Coal Production Surges in May 2023, Ensuring Reliable Energy Supply-thumnail

India’s Coal Production Surges in May 2023, Ensuring Reliable Energy Supply

India witnessed a significant boost in domestic coal production during May 2023, with a year-on-year increase of 7.10 percent. The Ministry of Coal announced that coal production reached 76.26 million

News

Jun 2, 2023

Sri Lanka’s Economy Shows Signs of Improvement, but Continued Reforms Are Crucial: IMF Officials-thumnail

Sri Lanka’s Economy Shows Signs of Improvement, but Continued Reforms Are Crucial: IMF Officials

Sri Lanka’s economy, which had been grappling with severe financial challenges, has exhibited tentative signs of improvement, according to a top official from the International Monetary Fund (IMF). The official

News

Jun 2, 2023

An assembly line stuck on Modi’s $24 billion manufacturing push-thumnail

An assembly line stuck on Modi’s $24 billion manufacturing push

A $10 billion initiative to produce semiconductors in India is in jeopardy. Its failure will highlight a significant weakness in Prime Minister Narendra Modi’s drive for greater economic independence. Influential

Finance

Jun 2, 2023

“Chennai’s Apollo Hospitals Plans to Raise $200 Million by Selling Stake in Apollo HealthCo”-thumnail

“Chennai’s Apollo Hospitals Plans to Raise $200 Million by Selling Stake in Apollo HealthCo”

During the quarter, Apollo 24/7’s Gross Market Value (GMV) exceeded expectations, reaching ₹1,630 crore compared to the anticipated ₹1,500 crore. Chennai’s Apollo Hospitals plans to raise approximately $200 million in

Investment & Funding

Jun 2, 2023

US Senate Approves Fiscal Deal, Averts Debt Default Threat-thumnail

US Senate Approves Fiscal Deal, Averts Debt Default Threat

The agreement extends the US borrowing limit until 2025 and imposes new restrictions on government spending for the next two years. This introduces greater fiscal policy constraints in the United

Finance

Jun 2, 2023

“Elon Musk Faces Insider Trading Accusations in Dogecoin Manipulation Lawsuit”-thumnail

“Elon Musk Faces Insider Trading Accusations in Dogecoin Manipulation Lawsuit”

The investors specifically highlighted an incident in which Musk sold approximately $124 million worth of Dogecoin in April after he replaced Twitter’s blue bird logo with Dogecoin’s shiba inu dog

Investment & Funding

Jun 2, 2023

Unified Payment Interface (UPI) payments in May touched Rs.14.3 trillion in terms of value; a 2% rise compared to April   -thumnail

Unified Payment Interface (UPI) payments in May touched Rs.14.3 trillion in terms of value; a 2% rise compared to April   

The rise comes at a time when the government is pushing to bring tax collection across various segments under digital payment. In March 2023, the figures stood at 8.68 billion

Business

Jun 1, 2023


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