Browsing Category

Business

Business & economy, industries, companies, technologies and MNCs – News

Business

Byju’s suspends deal with footballer Lionel Messi amid cash crunch

New Delhi, Feb 5 (IANS) Embattled edtech major Byju's has reportedly suspended its three-year deal with football icon Lionel Messi as a global brand ambassador.The company signed Messi as the brand ambassador for its social impact arm 'Education For All' in 2022.According to reports, facing a severe cash crunch, the company has now put the deal on…
Read More...
Business

Neobanking startup Muvin winds up operations: Report

New Delhi, Feb 5 (IANS) Neobanking startup Muvin has reportedly shut down its operations, as per a Reserve Bank of India (RBI)'s directive to stop using Unified Payments Interface (UPI) in a co-branding arrangement. A notification sent by…
Business

PSU stocks dominate sectoral gains

New Delhi, Feb 5 (IANS) PSU stocks are among the top gainers in trade led by oil and gas and insurance stocks. The PSU index is up more than 3 per cent on Monday. SJVN is up 16 per cent, NHPC is up 10 per cent, Insurance stocks are up…
Business

India’s services sector PMI surges to 6-month high

New Delhi, Feb 5 (IANS) Growth in India’s services sector rose to a 6-month high in January on the back of a higher demand and better outlook ahead, according to an HSBC report released on Monday. The HSBC India Services PMI was recorded at…
Business

Paytm shares down at lower circuit of 10%

New Delhi, Feb 5 (IANS) Paytm shares are locked in lower circuit of 10 per cent on BSE. The shares were down 10 per cent at lower circuit on BSE. Paytm shares were trading at Rs 438.35 down 10 per cent. One97 Communications Limited…
Business

Tata Motors jumps 7% after results

New Delhi, Feb 5 (IANS) The global construct for equity markets continues to be good with the US doing well aided by a surprisingly strong economy, says V.K. Vijayakumar, Chief Investment Strategist, Geojit Financial Services.The latest…