Latest News Today – ShareChat Raises $502 Million From Snap, Twitter;

April 8, 2021

Content-sharing platform ShareChat said it has raised $502 million in fresh funding from Tiger Global, Snap Inc and some existing investors such as Twitter Inc, valuing it at more than $2 billion. The funding was led by US venture capital firm Lightspeed Venture Partners and American investment firm Tiger, ShareChat said in a statement on […]

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Latest News Today – Government Raises Tax-Free Investment Limit In Provident

March 24, 2021

The Finance Bill, which gives effect to tax proposals for 2021-22, was approved by voice vote. The government on Tuesday raised the deposit threshold limit to Rs 5 lakh per annum in provident fund for which interest would continue to be tax exempt. This would be applicable to those cases where no contribution is made […]

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Opposition Raises Concerns Over Aggressive | Sidnaz Blog

March 18, 2021

The government estimates to raise Rs 32,000 crore from PSU stake sale in the current fiscal. Opposition members in the Lok Sabha on Thursday raised concerns over the government’s “aggressive” disinvestment and asset monetisation plan. Participating in a discussion on Supplementary Demands for Grants Second batch for 2020-21, Supriya Sule of NCP said eight ministries […]

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Vedanta’s Anil Agarwal Raises Open Offer Price For India | Sidnaz Blog

March 17, 2021

Vedanta Resources’existing 55 per cent holding in Vedanta is placed as collateral Anil Agarwal, billionaire founder of the Vedanta Group, has pledged his stake in a cash-rich Indian unit to help sweeten terms for a takeover attempt that’s key to his debt-repayment plans. The London-based Vedanta Resources will now seek to buy 17.51 per cent […]

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Aviation Stocks Rise As Centre Raises Cap By Up To 30% | Sidnaz Blog

February 15, 2021

Domestic flights resumed on May 25 after being shut for almost two months due to the Covid lockdown. Civil aviation minister Hardeep Singh Puri on Thursday said the ceiling price on airfares was an urgent measure to prevent a tariff war between airlines. Stocks of SpiceJet and InterGlobe Aviation rose on the stock market on […]

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GameStop’s Wild Surge Raises Awkward Questions For | Sidnaz Blog

January 28, 2021

The saga that is GameStop Corp. has turned into nothing short of a national sensation. Everything started innocently enough, way back in 2019, with people on message boards swapping ideas about a left-for-dead chain of mall stores. Now it’s much bigger: for pundits prone to the dramatic, a David vs. Goliath parable for the age […]

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After Net Profit Rises 16.6% In Q3, Infosys Raises | Sidnaz Blog

January 14, 2021

Infosys Q3 Results: Revenue from operations rose 12.3 per cent to Rs 25,927 crore Infosys Q3 FY21 Results:  Infosys Limited, the country’s second-biggest software services company by market value, raised its annual revenue growth forecast on Wednesday after reporting a 16.6 per cent rise in the October-December quarter profit. The revenue forecast was raised tracking a surge in client demands for […]

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