Nazara Technologies Limited, a leading gaming and sports media platform in India has released an official statement regarding the cash balances held by two of its step-down subsidiaries, Kiddopia Inc…
Author: Admin
Govt’s HZL stake sale only after clarity on proposed global asset transfer; unlikely this fiscal
The sale of the remaining 29.54 per cent government stake in Hindustan Zinc is likely only after a finality reached on Vedanta’s planned sale of global zinc assets to the…
CFO of newly-listed winemaker Sula resigns
One of the country’s largest wineries Sula Vineyards Limited has announced that Bittu Varghese, the chief financial officer of the company has resigned. “Pursuant to Regulation 30 and other applicable…
‘Get woke, go broke’: Silicon Valley Bank’s top woman executive, LGBTQ+ activist gets targeted for lender’s failure
Silicon Valley Bank, which recently collapsed after disclosing a $1.8 billion loss, operated without a Chief Risk Officer for almost nine months between April 2022 and January 2023. The bank’s…
Who is Mohit Joshi? The man set to replace CP Gurnani as Tech Mahindra MD & CEO
Mohit Joshi, who left Infosys after working there for more than 20 years, has been appointed as MD and CEO of Tech Mahindra. He will replace C P Gurnani, the…
Silicon Valley Bank crisis: Revenue-based finance start-up GetVantage offers quick funding
At a time when many Indian start-ups may be reeling under the effects of the collapse of Silicon Valley Bank (SVB), home-grown alternative funding platform GetVantage has been quick in…
LIC chairman MR Kumar doesn’t get extension; govt appoints Siddhartha Mohanty as interim chief for 3 months
Siddhartha Mohanty, the current Managing Director (MD) and Chief Executive Officer (CEO) of LIC Housing Finance, has been given the additional charge of Chairman of Life Insurance Corporation (LIC) for…
This corporate honcho has over 700 pairs of shoes
Harkirat Singh, the managing director of Aero Club — makers of Woods and Woodland shoes, shoes are not only his bread and butter but also his love. At present, the…
Net direct tax collection reaches Rs 13.73 lakh crore; 83% of revised estimate for FY23
India’s net direct tax collection so far this fiscal grew 17 per cent to reach Rs 13.73 lakh crore, which is 83 per cent of the revised target for the…
Elon Musk says ‘open’ to the idea of buying Silicon Valley Bank
Elon Musk is open to the idea of buying the Silicon Valley Bank, he said in a Twitter post. It all started with a user on the social media platform…