ShareChat’s worth decreased by approximately $3.4 billion within a year, leading to the company letting go of more than 800 employees in 2023. The Indian startup and social media platform,…
Business
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Business
Growth-inflation dilemma: Will RBI maintain its status quo on rates?
by Sanskriti Shradha 5 minutes readDuring the October 2023 meeting, the Monetary Policy Committee (MPC) unanimously decided to keep the policy rate unchanged and maintained a 5:1 vote in favor of its existing stance. As…
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Business
Sensex opens at over 66,000 points, Nifty tops 19,800-mark
by Sanskriti Shradha 2 minutes readThe primary beneficiaries among the Sensex companies included NTPC, Mahindra & Mahindra, Sun Pharma, UltraTech Cement, HDFC Bank, and Axis Bank, all experiencing significant gains. Equity benchmark indices were trading…
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Business
Byju’s in talks to sell unit Epic for $400 million to PE fund Joffre: Report
by Sanskriti Shradha 2 minutes readAccording to a report by Reuters, Byju’s is seeking to generate up to $1 billion through the sale of two companies as part of an effort to simplify its operations…
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Mark Zuckerberg recently shared that WhatsApp Channels has reached an impressive milestone of 500 million monthly active users within the first seven weeks of its launch. WhatsApp Channels serves as…