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Byju’s has acquired higher education platform Great Learning Digital learning platform Byju’s has acquired higher education platform Great Learning and after-school learning app Toppr. The development has come less than a week after it had acquired US-based online reading platform for children, Epic for $500 million. In April this year, Byju’s had …

Government has introduced a bill to provide relief to pandemic hit small and medium enterprises The Centre on Monday introduced a bill in Lok Sabha for providing a resolution process for financially stressed micro, small and medium enterprises (MSMEs), especially those which have been affected by the Coronavirus pandemic. The …

Kotak Mahindra Bank’s net profit for first quarter of current fiscal went up by 32 per cent Kotak Mahindra Bank on Monday recorded a jump of 32 per cent in its net profit for the first quarter of 2021-22 as it stood at Rs 1,642 crore from Rs 1,244 crore during …

Tata Motors Q1: Revenue from operations rose 108% to Rs 66,406 crore in April-June period. Tata Motors, the parent company of luxury car maker Jaguar Land Rover, said on Monday that its loss narrowed to Rs 4,451 crore in the first quarter ended June 2021 from a loss of Rs …

The Indian equity benchmarks snapped their two-day winning run on Monday dragged down by losses in index heavyweight Reliance Industries after it reported 7 per cent decline in net profit in quarter ended June 1. The billionaire Mukesh Ambani-promoted company was the top drag on the Sensex followed by HDFC, …

Government has done away with periodic renewal of customs brokers’ licences The essential requirement of periodic renewal of licences of customs brokers and authorised carriers, has been removed by the Central Board of Indirect Taxes and Customs (CBIC). This will help in cutting down the compliance burden on trade activities. …

A separate Reuters survey concluded another wave of infections in India was likely by October. The country’s economic rebound, already weakened in recent months, could lose further momentum as coronavirus variants pose the greatest threat and inflation rises, a Reuters poll of economists found. The latest survey results suggest difficult …

RBI has voiced its concern over the use of cryptocurrencies which it sought to outlaw in 2018 The Reserve Bank of India is considering a phased introduction of its own central bank digital currency (CBDC), deputy governor T. Rabi Shankar said, and is examining various issues including the underlying technology …

Yes Bank Q1 Earnings: The total income reduced to Rs 5,581.84 crore in June quarter Yes Bank announced its April-June quarter results for the financial year 2021-22 on Friday, July 23, reporting a jump of 355 per cent – almost four-folds in its net profit to Rs 207 crore on …

Jio’s average revenue per user improved to Rs 138.4 per user per month. The country’s most valued company – Reliance Industries – on Friday reported net profit of Rs 12,273 crore in quarter ended June 30, 2021, marking a decline of 7.25 per cent from the same quarter last year …