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August 11, 2023 in Indian Business News

Once China’s top builder, Country Garden turns into penny stock

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BEIJING: Country Garden Holdings Co, formerly China’s largest developer by sales, has become a Hong Kong penny stock amid increasing scrutiny of its operations and mounting liquidity concerns.The stoc ...

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August 9, 2023 in Indian Business News

SIP mop-up in July topped entire year’s figure for FY14

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MUMBAI: What took a year for SIP mop-up a decade ago, now needs just a month. Systematic investment plan contributions crossed the Rs 15,000-crore mark for the first time in July, industry data showed ...

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August 8, 2023 in Indian Business News

Gaming platform MPL to lay off 350 employees to ‘survive’ after 28% GST

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NEW DELHI/BENGALURU: Indian gaming app Mobile Premier League will lay off 350 employees as it takes steps to "survive" a tax imposed by the Indian government on online gaming companies, according to a ...

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August 7, 2023 in Indian Business News

166 people put on no fly list in last two years

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NEW DELHI: Nearly 170 people have been put on no fly list in the last two years for unruly onboard behaviour. Union minister of state for aviation, Gen V K Singh (retd), said in Rajya Sabha on Monday ...

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August 6, 2023 in Indian Business News

HDFC Bank’s Jagdishan highest paid bank CEO in FY23 with Rs 10.55cr pay

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MUMBAI: HDFC Bank's Sashidhar Jagdishan has emerged as the highest-paid bank chief executive in FY23, grossing over Rs 10.55 crore in overall pay.Jagdishan's colleague Kaizad Bharucha, the deputy mana ...

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August 5, 2023 in Indian Business News

Byju’s lenders accused of using bogus loan-default claims

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Lenders to one of India’s hottest tech startups, Byju’s, created bogus default claims tied to a $1.2 billion loan as part of a scheme to gain control of the education-technology provider, the firm’s l ...

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