[ad_1] Shares of state-owned companies, according to the latest trends, have experienced a notable upward trend in recent days. Notably, NTPC, one of these entities, has shown impressive performance over the past year, attracting the attention of brokerage firms that forecast continued growth. On Tuesday, NTPC stock hit a 52-week high of Rs 344.85, with … Read more
[ad_1] Apeejay Surrendra Park Hotels Ltd, which runs hotels under the brand name ‘The Park’, has mobilized Rs 409.5 crore from anchor investors days ahead of its initial public offering. The company has decided to allocate 2.64 million equity shares to 37 funds at Rs 155 each. which is also the upper end of the … Read more
[ad_1] As many as six shareholders of Byju’s parent company Think and Learn Private Limited have moved a resolution to oust the founders from control of the edtech company amid the financial crisis, PTI reported citing sources. Byju Raveendran of Think and Learn Pvt. Limited. Ltd which runs edtech startup Byju’s (Livemint). {{^subscribeduser}} {{/subscribeduser}} {{^subscribeduser}} … Read more
[ad_1] Story continues below The board of Think and Learn Pvt Ltd, the parent company of Byju’s, has approved a rights issue to raise $200 million from existing investors, effective January 29 and valid for 30 days, sources said. The issuance will come at a post-money valuation of $225 million, which is 99 percent lower … Read more
[ad_1] The media and entertainment industry’s reckoning will continue into 2024 with more layoffs as rising costs and debt-laden balance sheets continue to weigh on the beleaguered sector. Here’s what major media and entertainment companies have in mind when it comes to layoffs in 2024: Paramount Global As M&A rumors swirl about the future of … Read more