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Unacademy lays off 250 employees amid reports of a potential merger

Unacademy lays off 250 employees amid reports of a potential...

citynews Jul 3, 2024 3

The edtech company said about 100 employees were laid off as part of a recent restructuring...

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RCap lenders say they don't intend to liquidate the company but want fair compensation

RCap lenders say they don't intend to liquidate the company...

citynews Jul 3, 2024 4

The lenders said IIHL has yet to commit funds to the plan though it has been more...

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HSBC to freeze hiring, limits bankers' travel in cost-cutting drive: Report

HSBC to freeze hiring, limits bankers' travel in cost-cutting...

citynews Jul 3, 2024 4

Certain business units have been instructed to pause hiring altogether, although...

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Larsen & Toubro shares surge over 2% on reports of securing $4 billion Saudi Aramco contract for Jafurah Gas project

Larsen & Toubro shares surge over 2% on reports of...

citynews Jul 3, 2024 5

Larsen & Toubro (L&T) is an Indian multinational conglomerate with a diverse...

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GroupM appoints Ashwin Padmanabhan as COO of South Asia

GroupM appoints Ashwin Padmanabhan as COO of South Asia

citynews Jul 3, 2024 3

GroupM has promoted Ashwin Padmanabhan to Chief Operating Officer for South Asia....

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Delhi HC issues contempt notice to Spicejet for non-return of assets to TWC Aviation

Delhi HC issues contempt notice to Spicejet for non-return...

citynews Jul 3, 2024 5

The Delhi high court has issued a contempt notice to Spicejet, demanding that the...

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Kotak, caught in Adani-Hindenburg storm, says wasn't aware of manipulative trade

Kotak, caught in Adani-Hindenburg storm, says wasn't aware...

citynews Jul 3, 2024 3

Kotak Mahindra Bank learnt about the association between Hindenburg Research and...

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Kotak Group Fund on Hindenburg claims: 'Wasn't aware that Hindenburg was partner of its investors'

Kotak Group Fund on Hindenburg claims: 'Wasn't aware that...

citynews Jul 3, 2024 5

Hindenburg had earlier said that the Kotak Mahindra Bank and brokerage firms founded...

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Q1 results preview: From TCS to HCL Tech, IT sector revenue growth expected to improve sequentially

Q1 results preview: From TCS to HCL Tech, IT sector revenue...

citynews Jul 3, 2024 4

Q1 results preview: IT sector Q1 results are expected to be a mixed bag with sluggish...

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Mint Explainer: Hindenburg's latest salvo against Sebi and Adani—and Kotak

Mint Explainer: Hindenburg's latest salvo against Sebi...

citynews Jul 3, 2024 6

India's market regulator sent a 46-page show-cause notice dated 26 June to Hindenburg...

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Indian American ex-billionaire Rishi Shah gets 7.5 years for $1bn fraud in US, Goldman & Google among cheated investors

Indian American ex-billionaire Rishi Shah gets 7.5 years...

citynews Jul 3, 2024 8

Former Chicago billionaire Rishi Shah has been sentenced to 7.5 years for a $1 billion...

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Reliance Jio announces major tariff hike, discontinues popular plans; netizens express disappointment

Reliance Jio announces major tariff hike, discontinues...

citynews Jul 3, 2024 5

Jio Tariff Hike: Reliance Jio has announced a significant tariff increase starting...

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Byju's woes: Karnataka Labour Minister asks parent company 'Think and Learn' to settle dues of former employees

Byju's woes: Karnataka Labour Minister asks parent company...

citynews Jul 3, 2024 3

Karnataka Labour Minister directs Think and Learn Pvt Ltd, the parent company of...

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Lal Sweets looks to raise $40 mn from PE investors at $175 mn valuation

Lal Sweets looks to raise $40 mn from PE investors at $175...

citynews Jul 3, 2024 4

The fundraise will be a mix of primary and secondary capital.Lal Sweets has received...

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Adani-Hindenburg Case: Kotak Bank created, oversaw fund used to bet against Adani, claims US short-seller

Adani-Hindenburg Case: Kotak Bank created, oversaw fund...

citynews Jul 3, 2024 3

Kotak Bank, one of India’s largest banks and brokerage firms founded by Uday Kotak,...

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Hindenburg Research responds to SEBI on Adani show cause notice: Five key points of defence

Hindenburg Research responds to SEBI on Adani show cause...

citynews Jul 3, 2024 5

Hindenburg Research hits back on SEBI show cause notice: 'To this day, Adani has...