India’s forex reserves rose by $58 billion cumulatively in 2023
NEW DELHI: India's foreign exchange reserves increased by $4.471 billion to $620.441 billion in the week ending December 22, 2023, hitting a 21-month high, the latest data released by the Reserve Bank ...
Wipro seeks Rs 25 crore from former CFO for breach of contract
BENGALURU: Wipro has demanded that its former CFO Jatin Dalal pay Rs 25 crore to the company for breach of contract, according to a suit filed in the civil court in Bengaluru. TOI has obtained a copy ...
FirstCry parent files IPO papers; to raise Rs 1,816 crore via sale of new shares
NEW DELHI: Brainbees Solutions, the parent company of omni-channel retailer FirstCry has filed draft initial public offering (IPO) papers with market regulator Securities and Exchange Board of India ( ...
Flipkart’s B2C arm, FirstCry post steep losses in FY23, revenues expand
NEW DELHI: India’s new age tech companies continue to remain deep in the red. Walmart owned e-commerce major Flipkart posted net losses of over Rs 4,000 crore in FY23. Data sourced from market intelli ...
Jaishankar’s Russia visit: India inks pacts with “special partner” on more power units of Kudankulam nuclear plant
India and Russia have signed important agreements related to the construction of future power generating units at the Kudankulam nuclear power plant in Tamil Nadu. External Affairs Minister S Jaishank ...
In a first, India pays in rupees for crude oil purchased from UAE
NEW DELHI: India’s first-ever payment in rupees for crude oil purchased from the UAE is helping the world’s third largest energy consumer push for taking the local currency global, as it looks for sim ...