Byju#39;s US unit files for bankruptcy in Delaware on February 2, 2024 at 1:53 am

Byju#39;s Alpha unit listed its assets in the range of $500 million to $1 billion, according to a court filing, which showed estimated creditors in the range of 100 to 199.

Biden Takes Aim at Grocery Chains Over Food Prices on February 1, 2024 at 8:51 pm

President Biden has begun to accuse stores of overcharging shoppers, as food costs remain a burden for consumers and a political problem for the president.

Growth pattern shows all sectors of economy are revving up, says FM Sitharaman on February 1, 2024 at 2:39 pm

Sitharaman, who presented her sixth budget, said she is seeing “newer areas of activities opening up”. This includes the space sector, she pointed out, while adding that the startups are also acting as a growth multiplier.

No fixed disinvestment target in FY25 Budget, says DIPAM Secretary on February 1, 2024 at 3:07 pm

The government#39;s disinvestment strategy must be calibrated while also focussing on the creation of wealth, Tuhin Kanta Pandey said

Bulk Deals: Foreign investors sell 5.41% stake in PB Fintech, 6.99% in Indus Towers on February 1, 2024 at 3:21 pm

Claymore Investments (Mauritius) offloaded almost their entire stake in PB Fintech, while Silverview Portfolio Investments sold their entire stake in Indus Towers.

Decoding the Union Budget’s focus on fiscal consolidation and growth on February 1, 2024 at 1:29 pm

The Budget decisions will help in the development of advanced 21st-century infrastructure and also lead to the generation of ‘countless’ new employment opportunities 

A dream budget for economists, thanks to its fiscal discipline on February 1, 2024 at 12:47 pm

The nation’s smarter recovery from the pandemic but also by the improved sense of ‘political stability#39; has paved the way for a relatively aggressive fiscal consolidation. Very rarely one has seen an interim budget devoid of populist measures in an election year

Sitharaman#39;s message to ratings agencies: Govt bettering fiscal consolidation roadmap on February 1, 2024 at 1:14 pm

According to Christian de Guzman of Moody#39;s, while the interim Budget firmly conveyed India#39;s commitment to its fiscal consolidation, the government#39;s ability to meet its targets could be restricted due to a variety of factors

Five stocks that saw maximum price-volume action on Budget day and why on February 1, 2024 at 1:20 pm

Indus Towers, PB Fintech, EID Parry India, Tata Consumer Products and Godrej Properties saw huge spurt in volumes on Bombay Stock Exchange on the Budget day.

Mphasis profit declines 9.4% to Rs 373.6 crore in Q3, revenue down 4.8% YoY on February 1, 2024 at 1:41 pm

Mphasis#39; revenue from operations also fell 4.8 percent YoY to Rs 3,337.95 crore. On a quarter-on-quarter basis, topline grew 1.9 percent