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Byju’s settles dispute with Davidson Kempner as Manipal’s Ranjan Pai buys out debt

Nov 10, 2023

New Delhi, Nov 10 (IANS) Edtech major Byju’s on Friday settled dispute with Davidson Kempner Capital Management as Manipal Education and Medical Group Chairman Ranjan Pai bought out the debt investment of Davidson Kempner in Aakash Education Services Ltd (AESL) in a likely deal worth around Rs 1,400 crore. Informed sources told IANS that Pai will…

ED attaches properties worth Rs 67.23 cr of Kunal Gupta in fake call centre fraud by Met…

Nov 10, 2023

New Delhi, Nov 10 (IANS) The Enforcement Directorate (ED) on Friday said that it has attached movable and immovable assets to the tune of Rs 67.23 crore belonging to Kunal Gupta, his family members, companies and his associates in the case…

Business

Gold has given positive returns of 21% in last one year

Nov 10, 2023

New Delhi, Nov 10 (IANS) Gold has given positive returns of 21.84 per cent in the past one year, while returns on Silver has been 21.05 per cent, as per a report by Motilal Oswal Asset Management Company.In October, Indian stock markets…

Business

Black Box EBITDA for the quarter doubles on year on year basis to Rs 101 cr

Nov 10, 2023

New Delhi, Nov 10 (IANS) Black Box Limited announced its unaudited financial results for the quarter and half year ended September 30, 2023.Revenues for Q2FY24 remained flat on both YoY and QoQ basis.For H1FY24 revenues grew by 7.2 per cent…

Business

NASA worked with Mphasis company Blink UX to revamp user experience

Nov 10, 2023

Bengaluru, Nov 10 (IANS) NASA collaborated with Blink UX, an Mphasis company, to release its updated website after two years of rigorous user experience research, strategy and design.The researchers from Blink surveyed 2,633 audience…

Business

Black Box strengthens India presence with new Center of Excellence

Nov 10, 2023

New Delhi, Nov 10 (IANS) Black Box Limited (formerly AGC Networks Limited), a trusted IT solutions provider announced the inauguration of its new Center of Excellence in Bengaluru.Black Box is one of Essar’s key investments in the…

Business

Private promoter holding slumps to 4-yr low

Nov 10, 2023

New Delhi, Nov 10 (IANS) The share of private promoters in companies listed on NSE declined to a 4-year low of 41.55 per cent as on September 30, 2023, according to Primeinfobase, an initiative of Prime Database Group.Over the last one year…

Business

Investors should exercise caution in small & mid-cap stocks, say analysts

Nov 10, 2023

New Delhi, Nov 10 (IANS) The mid and small-cap rally is partly driven by retail exuberance and since the valuations in this broader market are high, investors have to exercise some caution, says V.K. Vijayakumar, Chief Investment Strategist…

Business

Amagi acquires Tellyo’s biz to boost live sports, news broadcast

Nov 10, 2023

Bengaluru, Nov 10 (IANS) Cloud-based SaaS technology platform Amagi will acquire the business of Tellyo, a leading real-time live cloud remote production, clipping/editing and social sharing platform, for an undisclosed sum.Tellyo empowers…

Business

Gaming company Unity likely to layoff employees to cut costs

Nov 10, 2023

San Francisco, Nov 10 (IANS) Game development software company Unity has announced that it will “likely” go for layoffs as part of cost-saving measures.The company said that several weeks ago, it started a comprehensive assessment of its…

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