Byju’s case: Aakash Edu moves NCLT to implead EY
Aakash Educational Services has petitioned the NCLT in Bengaluru to dismiss Byju’s petition, requesting that EY and Ajay Shah be included. AESL alleges a conflict ...
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Odisha mega projects: State approves Rs 1.51 lakh crore industrial push; over 62,000 jobs on the horizon
Odisha’s industrial sector is set for a major boost as the state government approved eight mega projects worth Rs 1.51 lakh crore. These ventures, spanning ...
From cars to couture: Kering appoints Renault’s Luca De Meo to lead Gucci; French high-fashion brand hopes for revival
Kering has appointed Luca de Meo, renowned for revitalizing Renault, as its new CEO to revive Gucci. This strategic move follows a significant drop in ...
RBI’s new regulation? Issues draft norms on Rupee interest rate derivatives; allows non-resident to undertake transactions
The Reserve Bank of India has released draft regulations to update rules for Rupee Interest Rate Derivatives, aligning the framework with market practices and increased ...
India-US trade: Merchandise exports to Washington up 16.9%; imports dip to $3.62 billion in May
India’s exports to the US surged by 16.93% in May, reaching $8.83 billion, while imports dipped by 5.76%. This upward trend continued into April-May, with ...
Foreign direct investment: Developing nations hit 20-year low; poorest countries receive just 2% of global share
The World Bank reports a significant plunge in foreign direct investment into developing economies, reaching its lowest level since 2005. This decline is attributed to ...