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Category: Business Updates

Business Updates

Shares of EMS Ltd list at 33.7% premium on bourses

October 25, 2021By businessreputationdata

EMS Ltd’s shares listed at Rs 282.05 apeice, a premium of 33.7 per cent against its issue price of Rs 221.

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Business Updates

Walmart increases stake in Flipkart, pays $3.5 billion to acquire further shares

October 25, 2021By businessreputationdata

Additionally, during the six months ended July 31, 2023, the company received USD 700 million related to new rounds of equity funding for the company’s majority-owned PhonePe subsidiary, said the Bentonville-based retailer in a US Securities & Exchange Commission (US SEC) filing.

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Business Updates

Private investments to come in quickly as India continues growth trajectory: FICCI President

October 25, 2021By businessreputationdata

The GDP figures show that a large chunk of the growth is coming from government capex investments. It doesn’t look like the private sector is contributing at a level that can be appreciated…

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Business Updates

Byju’s CFO Ajay Goel resigns; to return to Vedanta amid demerger process

October 24, 2021By businessreputationdata

In a statement, the company said, “As part of Vedanta’s structured re-hiring program called ‘Gharwapsi’, Mr Ajay Goel joins back the Company.”

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Business Updates

Govt to start giving shape to semiconductor research centre from 2024: MoS IT

October 23, 2021By businessreputationdata

Rajeev Chandrasekhar said that Prime Minister Narendra Modi’s vision is that Indians should be involved in the leadership of semicoductor research.

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Business Updates

Netweb Technologies IPO opens today: All you need to know

October 23, 2021By businessreputationdata

In the intraday session, Sensex touched a record high of 66,656.21, while Nifty touched 19,731.85 for the first time ever.

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Business Updates

‘Semiconductors not just our need’: PM Modi pitches India as viable chip hub to global investors

October 22, 2021By businessreputationdata

The California-based chipmaker will use that investment to open its biggest research and development centre in the tech hub of Bengaluru, CTO Papermaster said.

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Business Updates

29,273 bogus firms, GST evasion of Rs 44,015 crore detected since May ’23

October 20, 2021By businessreputationdata

In terms of fake firms per lakh registered firms, Haryana leads among the states/UTs with 81 bogus firms per lakh registered firms, followed by Delhi with 61 fake firms per lakh registered firms, Rajasthan with 59 such firms per lakh registered firms and Maharashtra with 54 fake firms per lakh registered firms.

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Business Updates

Videocon-ICICI Bank loan case: Sufficient material to substantiate allegations against Chanda Kochhar, others, says court

October 20, 2021By businessreputationdata

As per assessments by leading pricing firms Argus Media and S&P Global Platts, Urals crude topped the key price level of $60 per barrel this week.

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Business Updates

HCLTech bags contract from Siemens to drive cloud-led digital transformation

October 20, 2021By businessreputationdata

According to a release, HCLTech will focus on automating the public cloud environment while adhering to Siemens’ security standards.

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