Tesla, run by Elon Musk, would be welcome to invest in the UK, the prime minister has said. Sir Keir Starmer said he didn’t want to be misunderstood after the BBC reported that the tech tycoon had not been invited to the UK’s International Investment Summit due to his social media posts during last month’s […]
Last Updated: September 27, 2024, 22:21 IST Zomato co-founder Akriti Goyal (Image: X) Designated as senior management personnel, Chopra has tendered her resignation, with effect from September 27, 2024, Zomato said in a regulatory filing. Online food ordering and delivery platform Zomato on Friday said its co-founder and Chief People Officer Akriti Chopra has resigned […]
New Delhi: Zomato’s co-founder and Chief People Officer, Akriti Chopra, has stepped down from her position effective immediately, concluding her 13-year journey with the food delivery giant. The company announced this news to the stock exchange on September 27. “Pursuant to Regulation 30 of SEBI Listing Regulations, we would like to inform that Ms. Akriti […]
State Bank of Pakistan (SBP) on Friday received the first tranche of SDR 760 million (equivalent to $1.0269 billion) from the International Monetary Fund (IMF) under the $7 billion Extended Fund Facility (EFF). The IMF Executive Board approved a 37-month programme on Wednesday. These inflows will be reflected in SBP liquid reserves to be released […]
Chief economic advisor V Anantha Nageswaran (Picture credit: PTI) Chief economic advisor V Anantha Nageswaran said on Friday that the Indian economy is projected to grow by 6.5-7% in the current financial year. Speaking at an event hosted by the Bengal Chamber of Commerce and Industry, Nageswaran said that this growth rate is significant given […]
The Pakistan Stock Exchange (PSX) witnessed a decline on Friday, with the benchmark KSE-100 Index falling by 198 points. The index is currently trading at 81,459 points. The dip comes after a period of relative stability, prompting market participants to keep a close eye on upcoming economic developments and corporate earnings reports. On Thursday, the […]
The owner of the politically right-leaning New York Sun has emerged as the favourite to acquire the Daily and Sunday Telegraph ahead of Friday’s deadline for bids. Though a late entrant to the auction British-born Dovid Efune’s bid is considered by several parties as the potential new frontrunner. He is thought able to offer a […]
Bristol Myers Squibb’s Cobenfy drug Courtesy: Bristol Myers Squibb The Food and Drug Administration on Thursday approved Bristol Myers Squibb‘s highly anticipated schizophrenia drug Cobenfy, the first novel type of treatment for the debilitating, chronic mental disorder in more than seven decades. Schizophrenia affects how a person thinks, feels and behaves, and can cause paranoia, […]
Last Updated: September 26, 2024, 22:24 IST Existing shareholders including Accel India and Tencent Europe will sell about 185.3 million shares, the Bengaluru-based startup said in its draft prospectus. Swiggy’s long-awaited public listing comes amid a booming IPO market, with 198 companies having raised $7.1 billion in the year to Sept.4, more than double the […]
New Delhi: The government on Thursday said it plans to borrow Rs 6.61 lakh crore in the second half of the current fiscal through the issuance of dated securities, including Rs 20,000 crore of Sovereign Green Bonds (SGrBs). The government, in consultation with the Reserve Bank of India (RBI), has finalised its borrowing programme for […]
