Advertisements US-based asset management company (AMC) Fidelity Investments has marked up the fair value of its investment in the ecommerce platform Meesho and fintech company Pine Labs as per its latest filings dated July 31 with the US Securities and Exchange Commission (SEC). According to the… Read More ›
Advertisements Gaming firm Nazara Technologies reported a 31 per cent year over year increase in net profit for the first quarter of FY23-24, reaching Rs 20.9 crore compared to Rs 15.9 crore in Q1 of FY22-23. Revenue also saw a… Read More ›
Advertisements Electric mobility services provider Zypp Electric has introduced its first ESOP buyback, allocating Rs 1.5 crore to reward 15 employees who have been with the company for more than a year, as per a statement released by the company…. Read More ›
Advertisements US-based chip maker AMD has announced its plans to invest approximately USD 400 million in India over the next five years, with the aim of expanding its design center operations in Bengaluru, as stated on Friday. As part of… Read More ›
Advertisements India’s largest e-scooter maker Ola Electric recorded an operating loss of USD 136 million on revenue of USD 335 million in the last financial year which concluded in March, three sources told Reuters, missing its publicly disclosed revenue goal…. Read More ›
Advertisements Meta-owned WhatsApp banned more than 6.5 million Indian accounts between May 1 and May 31, 2023, it said in its monthly compliance report. Of the 6,508,000 WhatsApp accounts, 2,420,700 were banned proactively, before any reports from users. The messaging… Read More ›
Advertisements Bain Capital-backed 360 ONE WAM (formerly known as IIFL Wealth) on Friday said that it has picked up a minority equity stake in NeoLiv, a residential real estate investment platform, according to media reports. The development comes as the… Read More ›
Advertisements In June, Foreign Portfolio Investors (FPIs), encouraged by the nation’s continuously improving macroeconomic fundamentals, invested Rs 47,148 crore in Indian shares, the biggest amount inflow in ten months. However, given that FPIs may adopt a cautious attitude in light… Read More ›
Advertisements A consortium of leading online gaming companies has lodged a representation with the Central Board of Indirect Taxes & Customs (CBIC) through the FICCI Gaming Committee, urging against an increase in the GST rate for the sector from 18… Read More ›
Advertisements According to media reports, the National Company Law Tribunal (NCLT) has accepted logistics courier service provider Delhivery’s notice, declaring Go First’s voluntary insolvency resolution as fraudulent and malicious. The NCLT has given the interim resolution professional (IRP) of Go… Read More ›
