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Category: Business Updates

Business Updates

BYJU’S sends legal notice to Aakash founders demanding share transfer

November 19, 2022By businessreputationdata

In 2021, BYJU’S acquired 33-year-old brick-and-mortar coaching centre AESL for nearly $40 million in a cash and stock deal.

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Business Updates

Govt rejects Chinese BYD-Megha Engineering’s $1 billion proposal to set up EV plant

November 18, 2022By businessreputationdata

ITC’s hotels business, which comprises 120 hotels reported gross revenues of Rs 2,585 crore in FY23 and EBIT of about Rs 532 crore.

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Business Updates

RBI may start CBDC pilot in call money market by October

November 17, 2022By businessreputationdata

“We are going to start the pilot on wholesale CBDC use in interbank borrowing this month or early next month,” Choudhary said while speaking at the RBI’s Innovation Pavillion at the G20 Leaders’ Summit venue.

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Business Updates

Rupee falls 9 paise to settle at 83.27 against US dollar

November 17, 2022By businessreputationdata

According to forex analysts, despite positive sentiment in the domestic equity markets and a weak American currency against major global currencies, the Indian unit was weighed down by the volatile crude oil prices.

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Business Updates

Bank of Baroda shares fall around 4% after RBI ban on adding new customers on app

November 15, 2022By businessreputationdata

Shares of Bank of Baroda fell as much as 4 per cent on Wednesday, after the Reserve Bank of India (RBI) ordered the entity to stop adding customers to its mobile app, citing “certain material supervisory concerns.”

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Business Updates

Infosys signs tennis legend Rafael Nadal as ambassador for 3 years

November 15, 2022By businessreputationdata

Rafael Nadal’s first collaboration with Infosys will be in the development of an AI-powered match analysis tool.

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Business Updates

Sensex slips 388 pts, Nifty down to 19,365; Adani Ports gains over 4%, ITC loses

November 14, 2022By businessreputationdata

Domestic equities slipped on Thursday amid renewed fears of inflation and the Chinese economic slowdown.

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Business Updates

Glenmark gets USFDA nod for generic drug used to treat mental disorder

November 13, 2022By businessreputationdata

These are the generic versions of Prolixin tablets in same strengths of Apothecon Inc, it added.

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Business Updates

Irreplaceable, unforgettable triumph: Airtel revives 2011 World Cup magic with #ShareYourCheer

November 13, 2022By businessreputationdata

Words can never do justice to what a moment it was for every Indian when India lifted the ICC World Cup trophy for the second time, in 2011 at the jam-packed Wankhede Stadium.

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Business Updates

Bajaj Auto sales dip 10% in July to 3,19,747 units

November 13, 2022By businessreputationdata

In the domestic market, the company’s sales dropped by 2 per cent to 1,79,263 units from 1,82,956 units in July 2022, Bajaj Auto said in a statement.

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