The company's board had on August 29 approved raising up to Rs 21,000 crore by way of rights issue, for Rs 535 per share, including a premium of Rs 230.
The San Mateo, California-headquartered software as a service (SaaS) company was founded in 2010 by Girish Mathrubootham and Shan Krishnasamy in Chennai.
The company's revenue also dipped nearly 5% to Rs 29,682 crore in the fiscal ended March 31, 2021, from Rs 31,196 crore in FY2020
In this section, we recapitulate all the action from the world of business, finance and economic policymaking
Move to greenlight merger with Sony Pictures is likely to attract premium from investors rushing for a stake in the media house
Vodafone-Idea Managing Director and CEO Ravinder Takker will update its business plans as and when the actual guidelines come from the government, he informs.
Rising inflation and tax can take a huge bite out of your investment
The pandemic inflicted severe damage to daily wagers, poor and vulnerable especially in emerging and developing economies. The central bank chief said this is of serious concern for inclusive growth.
The local currency opened at 73.70 and touched an intra-day high of 73.66 against the dollar in trading hours today
Last year, the Department of Financial Services had extended his term by 12 months till October 2, 2021. The extend term will commence from October 3, 2021
The consensus street expectation is 22% CAGR for Nifty earnings between FY20 and FY24.
When taxes on the final product is lower than the taxes charged on inputs, an inverse input tax credit gets accumulated that has to be refunded by the government in the majority of the cases.
The company plans to use the funds primarily to expand its engineering team and increase the number of users of the mobile application.
The industry will see normalisation and balance by the middle of 2022, with a potential for overcapacity in 2023 as larger-scale capacity expansions begin to come online towards the end of 2022.
Lithium and its abundance or lack thereof are at the heart of the world’s pressing focus to shift to cleaner energy forms.
The company will use the funds to expand its product suite, enhance the transaction network, boost its balance sheet and setting up new businesses in the insurance and savings segment.
The growth forecast for India in the fiscal year 2021 (ending in March 2022) was revised down, as the spike in COVID-19 cases during May dented the recovery.
The real-estate developer added the single-day sale of Rs 575 crore takes the Evergreen's cumulative sales tally in the past six months to approx Rs 1,140 crore.
India is poised to become a global education hub with the government introducing major policy changes
Outlook's annual ranking of India’s top 50 State Private Universities in 2021 will help students make an informed choice.
Jain to Patidar. Was caste a decisive factor in the BJP’s choice for CM during the recent change of guard in Gujarat?
Virat Kohli will step down as T20 captain of India and RCB but that will not take away the fact that he remains a unique leader
With all foreign soldiers out of Afghanistan, the Taliban is now in a position to do pretty much what it wants.
It can be a crucial stepping stone to develop young minds to appreciate the importance of practising honesty throughout their academic journey and lay the foundations for successful professional careers.
One can be pro-religion, but against coerced religion; one can be pro-vaccines, but against coercion and mandates