Byju's most valuable startup in India, 11th in the world

New Delhi (IANS) Edtech company Byju's is now India's most valuable unicorn startup with a valuation of $16.5 billion, surpassing fintech company Paytm's $16 billion valuation.

As per CB Insights data, as of June 2021, Byju's…

GST Council meet begins, may consider duty cuts on medical supplies

New Delhi (IANS) The 44th meeting of the GST Council, the second this year in the midst of the second wave of Covid pandemic, began on Saturday morning through video conferencing.

The meeting is being chaired by finance minister Nirmala Sitharaman…

Flipkart partners with Telangana for 'Medicines from Sky' project

Hyderabad (IANS) Flipkart, India's homegrown e-commerce marketplace, on Friday announced its partnership with the Telangana government to lead a consortium tasked with the development and execution of the drone deliveries of medical supplies to…

Sensex, Nifty climb new highs, end at record closing levels

Mumbai (IANS) The Indian stock market continued its bull run on Friday and again settled at record closing highs.

Both the BSE Sensex and Nifty50 on the National Stock Exchange (NSE) touched their all-time intra-day highs of 52,641.53 and 15,835.55…

Crisil assigns 'highest' corporate governance rating to Bharti Airtel

New Delhi (IANS) Bharti Airtel on Friday said that Crisil has assigned 'CRISIL GVC Level 1' grading to the company, which is the 'highest' level in terms of corporate governance practices.

"We are pleased to inform you that…

Tata expands digital footprint with majority stake in health platform 1MG

New Delhi (IANS) Tata Digital Limited, a 100 per cent subsidiary of Tata Sons Private Limited, will acquire a majority stake in digital health company 1MG Technologies Private Limited (1MG).

The investment in 1MG is in line with the Tata Group's…

Applicability of New Investment Policy 2012 extended to RFCL

New Delhi (IANS) The Cabinet Committee on Economic Affairs (CCEA) has given its approval for the extension of applicability of New Investment Policy (NIP)-2012, read with its amendment dated October 7, 2014, for the Ramagundam Fertilisers and Chemicals…

Banking stocks power markets to rise; global cues positive

Mumbai (IANS) Healthy buying in banking stocks as well as positive global cues powered the rise of India's key equities indices during pre-noon trade session on Wednesday.

Accordingly, India's benchmark indices had a gap-up opening…

Equity indices in red, metals stocks fall

Mumbai (IANS) The key Indian equity indices declined on Tuesday, with heavy selling pressure on metal and finance stocks.

Healthy buying in IT stocks, however, limited the losses.

Around 11.20 a.m., Sensex was trading at 52,262.50, lower…

'Covid 2.0 brought India back to square one', Crisil cuts growth forecast

New Delhi (IANS) With the second wave of the Covid-19 pandemic crippling economic activities across the country, Crisil Research has lowered India's growth forecast in line with the other agencies, stating that the second wave has brought the…