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India
 "Stock market, Asian stock market")
The company's PAT stood at Rs 63 crore during the corresponding quarter of the previous fiscal, Rallis India said in a regulatory filing. Photo: Shutterstock
Rallis India, a subsidiary of Tata Chemicals, on Thursday reported a 23.80 per cent decline in profit after tax at Rs 48 crore during
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Read more: Rallis India Q1 results: PAT down 23.8% at Rs 48 cr, revenue at Rs 783 cr
Write comment (98 Comments) "Air India")
As part of consolidating its airline business, Tata Group is also merging Air India Express and AIX Connect (formerly AirAsia India).
As many as 300 non-flying employees on fixed-term contract (FTC) at the Tata Group-owned Air India are unlikely to get their service agreements renewed after
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Read more: [India] - Air India unlikely to extend services of 300 non-flying employees on FTC
Write comment (97 Comments) "Meta")
The Ray-Ban Meta smart glasses, first launched in 2021, have been an important part of Meta's consumer products portfolio. | (Photo: Reuters)
Meta Platforms is in talks to acquire a stake of about 5 per cent in EssilorLuxottica, its production partner for the Ray-Ban smart glasses, the Wall
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Read more: Meta in speak with purchase 5% stake in Ray-Ban maker EssilorLuxottica: Report
Write comment (91 Comments) "Alibaba")
The fund is also backed by Indian family offices and market leaders like Paytm, Zomato, Browserstack, Livspace, PharmEasy, and VideoVerse who will also double-up as mentors for the fund's portfolio companies. | Representative image
Former head of investments at Alibaba Group's India business
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Read more: [India] - Former Alibaba India head, 9Unicorn partner launch Rs 1,000 cr fund
Write comment (100 Comments)Enrolment in online Artificial Intelligence (AI) and Machine Learning (ML) courses has surged by 50 per cent over the past 1 year, driven by the expanding application of AI technology in industries, said a research by hiring platform foundit. The report also highlighted that freshers
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Read more: Online enrollment in AI courses sees a 50% growth on a YoY basis: Report
Write comment (97 Comments) "Public-sector banks, including Canara Bank and Bank of India, are tapping the infrastructure bond market.")
Illustration: Ajay Mohanty
State-owned lender Bank of India (BoI) on Thursday raised Rs 5,000 crore at a coupon rate of 7.54 per cent through 10-year infrastructure bonds.
The issue had a base size of Rs 2,000 crore and a green shoe option of Rs 3,000 crore. The proceeds of the issue will be
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Read more: Bank of India raises Rs 5,000 crore at 7.54% through 10-year infra bonds
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