The National Financial Reporting Authority (NFRA) has penalized Deloitte Haskins & Sells LLP with a hefty Rs 2-crore fine due to significant audit lapses in Zee Entertainment Enterprises Ltd (ZEEL) …
investment
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PharmEasy’s Valuation Plummets to $456M Amid Financial Struggles
by Arti SinghPharmEasy’s, one of India’s leading online pharmacies, has experienced a steep drop in its valuation, now standing at $456 million. This marks a dramatic 92% decline from its peak valuation …
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Metal Stocks Surge on Speculation of Safeguard Duty on Steel Imports; Hindalco, JSW Steel, and Tata Steel Up by 2-3.5%
by Arti SinghThe metal sector surged on December 23 as reports suggested that the Directorate General of Trade and Remedies (DGTR) is considering a safeguard duty of up to 25% on steel …
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Zoho CEO Reveals: Wanted to Hire Sriram Krishnan in 2004, Trump Appoints Him as Senior AI Advisor
by Arti SinghIn a heartwarming revelation, Zoho CEO Sridhar Vembu shared how, back in 2004, he tried to hire Sriram Krishnan, the newly appointed Senior White House Policy Advisor on Artificial Intelligence …
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Indian Oil rises 2% as board approves yarn project in Odisha.
by Arti SinghIndian Oil Corporation Ltd. (IOCL) has witnessed a surge in its stock price, rising by 2% following its board’s approval to establish a yarn project in Odisha. The decision, made …
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Reliance Industries Arm Reliance Digital to Acquire 45% Stake in Health Alliance Group for $10 Million
by Arti SinghReliance Digital Health Ltd (RDHL), a subsidiary of Mukesh Ambani’s Reliance Industries, has made a strategic move to acquire a 45% equity stake in Health Alliance Group Inc. (HAGI) for …
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Startups in India Surge to 9,000, Bioeconomy Targets $300B by 2030
by Arti SinghIndia’s biotech startup ecosystem has witnessed extraordinary growth, transforming from just 50 startups in 2014 to a staggering 9,000 startups today. Union Minister Jitendra Singh, speaking at the FE Green …
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Indian Oil’s Landmark Investment: Over ₹21,000 Crore for Refinery Growth and City Gas Expansion in Bihar
by Arti SinghIndian Oil Corporation (IOC), India’s leading oil and gas company, is making a substantial investment of over Rs 21,000 crore in Bihar. This initiative includes expanding the Barauni refinery, establishing …
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BusinessStartups FundingStartups InsightsTechnology
Trident Unveils Plans to Invest Rs 3,000 Crore in Madhya Pradesh’s Thriving Textile Sector
by Arti SinghTrident Group will invest Rs 3,000 crore in Madhya Pradesh’s textile sector after a meeting between Chairman Rajinder Gupta and Chief Minister Dr. Mohan Yadav at the “Invest Madhya Pradesh” …