BYJU’s Co-Founder Divya Gokulnath Confirms Aakash Upcoming $1 Billion IPO
BYJU’s planning to bring the Initial Public Offering(IPO) of its subsidiary Aakash Educational Services. It was acquired by BYJU’s for $1 Billion in 2021. Divya Gokulnath, co-founder of BYJU’s confirms that they are preparing to launch the Aakash IPO at the massive valuation of $3.5 to $4 Billion. The upcoming IPO is expected to be…
FPI’s Investment Value In Indian Equities Drops Majorly
The value of Foreign Portfolio Investment (FPI) holdings in Indian equities dropped by 11% and reached $584 billion at the end of December 2022, according to the Morningstar report. The holdings were largely on low returns given by the Indian equities and the exodus of foreign money from the domestic stock market. The value of…
The Rivalary Between Elon Musk And Joe Biden Tweet
In October 2022, Elon Musk acquired Twitter for $ 44 billion, and things have frequently been changing since then. Elon Musk has been obsessed with Twitter, and in recent times, he forced the employees to work overnight and build a special system that will highlight Musk’s tweets more than ever. Lately, Elon Musk and Joe…
8 Best Test Management Tools To Monitor Your SoftwareÂ
Software testing is an integral part of the software development process and it helps developers to meet product requirements and deliver the best solution to the client. The best test management tools help perform software testing since they provide you with all the features that you need to test the performance of the software. For…
Sunak Hails Air India’s Pact With Airbus & Rolls-Royce
British Prime Minister Rishi Sunak appreciated and recognised the landmark deal among Air India, Airbus and Rolls-Royce. This landmark deal will be a defining moment in the Indian aerospace sector, with Air India buying 250 jets per the agreement’s terms. The five-day Aero India 2023 witnessed this landmark deal between the three companies on 14…
Retail Food Inflation Hits 6.52%: Food Price Will Be On Surge
The retail food inflation hit a 3-month high on Monday. The Consumer Price Index (CPI) shows a rise of 6.52 % in various food items prices. It is the highest in terms of the inflation rate recorded back in October, which was 4.19%. The rise in retail inflation indicates that the cost of various food…
How To Improve Financial Performance Of A Company
‘Business Without Money Is Like Car Without Fuel’; thus, learning how to improve financial performance of a company is important. Managing cash flow can be challenging for any business, even if you earn the desired profit. Knowing ways to improve financial situations is necessary to cope with sudden cash flow problems. The problems, in turn,…
Amazon, Flipkart Get Notice For Selling Unlicensed Drugs
Including Amazon and Flipkart, the Drug Controller General Of India (DCGI) has issued a notice to 20 online sellers for selling drugs without a license. The notice stated the DCGI had forwarded the order to all state and Union Territories in May, then in November 2019, and again on February 3 for necessary actions and…