Company Updates

BYJU’s planning to raise $1 billion but valuation of the edtech company under question

BYJU’s planning to raise $1 billion but valuation of the edtech company under question

BYJU’s is planning to raise nearly $1 billion to deal with the financial issues the company is facing.

NHAI Looking at Debt Reduction and Revenue Surplus by 2028

NHAI Looking at Debt Reduction and Revenue Surplus by 2028

The National Highway Authority of India (NHAI) is planning to reduce its debt by half by year 2030 and also projecting revenue surplus by 2028. NHAI debt is currently rated AAA by rating agencies.

Infosys declines after weak guidance from Accenture

Infosys declines after weak guidance from Accenture

IT major Infosys Technologies declined during trading session after US technology major Accenture issued weak guidance. Accenture reported five percent growth in revenue for year-on-year basis.

BYJU’s announces layoff across departments

BYJU’s announces layoff across departments

BYJU’s has announced layoff for more than 1,000 employees across different departments in order to save costs.

Tata Steel announces 16,000 crore Capex Plans for FY24

Tata Steel announces 16,000 crore Capex Plans for FY24

Tata Steel has announced elaborate capital expenditure plans to the tune of Rs 16,000 crore for its local and global operations.

Adani Enterprises Acquires Controlling Stake in Stark Enterprises

Adani Enterprises Acquires Controlling Stake in Stark Enterprises

Adani Enterprises has announced acquisition of controlling stake in Stark Enterprises. The financial terms of the deal have not been shared.

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