Tag: business

  • Global Health (Medanta) IPO Oversubscribed 26%, Receives Good Response

    The Initial Public Offering (IPO) of Global Health, which runs hospitals under the Medanta brand, received a good response with 26% subscription on Day 1 of the IPO. The public issue that opened for public subscription on November 3, 2022The Initial Public Offering (IPO) of Global Health, which runs hospitals under the Medanta brand, received a good response with 26% subscription on Day 1 of the IPO. The public issue that opened for public subscription on November 3, 2022

  • Global Health IPO (Medanta): All Details To Know Including, Pricing, Opening/Closing Dates

    The Global Health IPO that opened for public subscription on November 3, 2022 will conclude on Monday, November 7, 2022. Here are some of the details of Global Health IPO: IPO date: Nov 3-Nov 7, 2022Face value: Rs 2 per shareThe Global Health IPO that opened for public subscription on November 3, 2022 will conclude on Monday, November 7, 2022. Here are some of the details of Global Health IPO: IPO date: Nov 3-Nov 7, 2022Face value: Rs 2 per share

  • UK Orders Glencore, To Pay Millions Over African Oil Bribes

    A British court on Thursday ordered commodities company Glencore to pay more than 280 million pounds ($313 million) for using bribes to bolster its oil profits in five African countries. The order comes months after the Anglo-Swiss company announced it hadA British court on Thursday ordered commodities company Glencore to pay more than 280 million pounds ($313 million) for using bribes to bolster its oil profits in five African countries. The order comes months after the Anglo-Swiss company announced it had

  • WhatsApp Starts Rolling, Out 32-Person Video Calls, Communities With 5K Members Limit

    Instant messaging platform WhatsApp’s users will be able to connect with up to 32 people simultaneously on voice and video calls, transfer up to 2 GB files and add as many as 5,000 members in a Community, the company said onInstant messaging platform WhatsApp’s users will be able to connect with up to 32 people simultaneously on voice and video calls, transfer up to 2 GB files and add as many as 5,000 members in a Community, the company said on

  • Meta India Head, Ajit Mohan Quits; To Join Snap

    Social media giant Meta India head Ajit Mohan resigned from the company on Thursday and will be joining rival Snap from February. Both Meta and Snap confirmed the development. “Ajit has decided to step down from his role at Meta toSocial media giant Meta India head Ajit Mohan resigned from the company on Thursday and will be joining rival Snap from February. Both Meta and Snap confirmed the development. “Ajit has decided to step down from his role at Meta to

  • Kashmir Apple Rates Down By 30 Pc, Growers Seek Govt Support, To Overcome Losses

    A bumper apple production in Kashmir this season has failed to cheer up growers as their produce is being sold at nearly 30 per cent lower rates than last year. Faced with huge losses, apple farmers have now sought government intervention.A bumper apple production in Kashmir this season has failed to cheer up growers as their produce is being sold at nearly 30 per cent lower rates than last year. Faced with huge losses, apple farmers have now sought government intervention.

  • Uttar Pradesh Launches Industrial, Investment & Employment Promotion Policy 2022

    The Uttar Pradesh government on Thursday launched its Industrial Investment and Employment Promotion Policy 2022 to enable the state’s aim of becoming a one trillion-dollar economy. With the UP Global Investors Summit 2023 at sight, the state Cabinet on Thursday passedThe Uttar Pradesh government on Thursday launched its Industrial Investment and Employment Promotion Policy 2022 to enable the state’s aim of becoming a one trillion-dollar economy. With the UP Global Investors Summit 2023 at sight, the state Cabinet on Thursday passed

  • Elon Musk To Begin Layoffs, At Twitter: NYT

    A week after billionaire entrepreneur Elon Musk acquired Twitter, employee layoffs at the social media company are expected to get underway on Friday and about half of Twitter’s 7,500 workers appeared set to lose their jobs, according to a media report.A week after billionaire entrepreneur Elon Musk acquired Twitter, employee layoffs at the social media company are expected to get underway on Friday and about half of Twitter’s 7,500 workers appeared set to lose their jobs, according to a media report.

  • HPCL Reports Back-To-Back Quarterly Losses; Posts, Rs 2,172 Cr Loss In Q2

    Hindustan Petroleum Corporation Ltd (HPCL) on Thursday reported Rs 2,172.14 net loss in July-September after losses arising from freezing petrol and diesel prices couldn’t be made up by accounting for a one-time government grant that came after the quarter had ended.Hindustan Petroleum Corporation Ltd (HPCL) on Thursday reported Rs 2,172.14 net loss in July-September after losses arising from freezing petrol and diesel prices couldn’t be made up by accounting for a one-time government grant that came after the quarter had ended.

  • 8i Ventures Achieves First, Close Of USD 50 Mn Second Fund

    Early-stage venture capital fund 8i Ventures on Thursday said that it has achieved the first close of its USD 50 million (over Rs 400 crore) second fund. “The fund has raised 50 per cent of its targeted assets under management andEarly-stage venture capital fund 8i Ventures on Thursday said that it has achieved the first close of its USD 50 million (over Rs 400 crore) second fund. “The fund has raised 50 per cent of its targeted assets under management and