The IPO of the country’s largest asset management company in terms of total assets under management (AUM) comprises sale of 3,89,87,081 equity shares by existing shareholders, according to the draft red herring prospectus (DRHP)
Monthly Archives: June 2020
Bankruptcy admissions double to 3,774 in FY20; manufacturing, construction worst-hit sectors
Of this, 1,604 cases have been settled by the tribunals across the country by finding a new buyer, commencing liquidation, or allowing voluntary withdrawals
Biz EOD: Centre mulls curbs on Chinese imports; PPF interest may fall to lowest since 1974; EPFO adds 1.39 crore subscribers
Catch top stories from the world of business and economy with BusinessToday.In’s Biz EOD report
Infographic: How Jio made Reliance net-debt free
Global investors have pumped in Rs 1.16 lakh crore in Jio Platforms over the past nine weeks. Here’s how the budding digital subsidiary of Reliance Industries helped the biggest Indian conglomerate become net-debt free
Online training platform IntelliPaat sees 25% uptick in enrolment since COVID-19 outbreak
Some of the popular courses on the platform include data science, Artificial Intelligence, Machine Learning, cloud computing and DevOps, digital marketing, and programming
Ban on H-1B visas to hit innovation, foreign investment: US corporate sector
H-1B visas are a major channel for the most educated and entrepreneurial people in the world to begin working and putting down roots in America
Donald Trump holds China responsible for coronavirus deaths, says White House
White House Press Secretary Kayleigh McEnany also pointed out that the media blames Trump for using the terms “China virus” and “Wuhan virus,” when they themselves have used these very terms
Donald Trump suspends H1B, H4 visas for rest of 2020
Trump’s announcement has come as a shock for a large number of Indian IT professionals and several Indian as well as US firms who were issued H-1B visa for the fiscal year 2021 beginning October 1
Deconstructing Neoliberalism I: What is Crab-walk strategy; is it relevant for India in present times?
This is first of a four-part series that seeks to unravel neoliberalism. In this part, focus is on some of the strategies of neoliberalism, from undermining the state to promoting free-market in running an economy
Pending CBSE, CICSE, entrance exams likely to be pushed up
As of now, the CBSE and CISCE examination are scheduled to be held from July 1 to July 15. IIT-JEE Main for July 18-23 and medical entrance exam NEET for July 26