SoftBank holds an 11.17 percent stake in Paytm and 3.4 percent in Zomato. However, following the news of the potential stake sale, shares of One97 Communications declined by 1.5 percent, trading at Rs 878.50 apiece on the BSE. Zomato’s stock initially opened 0.8 percent higher on June 16 but later leveled off.

The Axis Bank underwent a series of block deals, transacting a 0.6 percent stake that unleashed the exchange of 2.25 crore shares, valued at a staggering Rs 2,178 crore.

In the month of May, Indians will witness a consecutive second decline in India’s wholesale prices, primarily attributed to the decrease in commodity prices. According to government data, the wholesale price index (WPI) experienced a significant drop of 3.48%, surpassing economists’ expectations of a 2.35% decrease. This decline follows a 0.92% fall observed in April, indicating a continued alleviation of inflationary pressures. This article delves into the key factors that have contributed to the decline in wholesale prices and analyzes its implications for the Indian economy.

Technology is a thriving space where creativity bonds with innovation. We have come so far when it comes to uplifting our lives with the help of technology. From running errands

The Monetary Policy Committee (MPC) has maintained its economic growth projections for the 2023-24 financial year at 6.5%. While the first two quarters are expected to deliver slightly more growth,

IKIO Lighting’s IPO generates buzz, oversubscribed 3.61 times, with strong investor demand. LED solutions provider seeks to raise Rs 350 crore for debt repayment, new facility setup, and corporate purposes. A diverse customer base and integrated manufacturing infrastructure contribute to investor enthusiasm.

In a recent statement, the Bank of Korea (BOK) expressed its preference for maintaining dollar liquidity rather than increasing its gold holdings for foreign exchange reserves. The BOK’s Reserve Management Group highlighted the need for a cautious approach in determining the gold-to-reserves ratio, citing various factors influencing their decision.

Embassy Office Parks REIT, India’s first listed Real Estate Investment Trust (REIT), recently announced its successful debt raise of Rs 1,050 crore through non-convertible debentures (NCDs). This campaign is being held in order to refinance bank loans whose interest rates are about to reset.

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

Introduction to the Indian Tax System for Businesses:  The Tax system of India is as complex and complicated as the legal laws of the country. This is a multi-layered system

Growing their credit operations are Groww and Upstox, two significant challenger brands in the broking industry, according to sources. The ultimate goal is to keep clients who come to the

The amounts that the lender charges the borrower over and above the principal amount are known as the interest rates and the Impact of Interest Rates on Business Financing is