News Stock Market

IBS software to consider IPO if large acquisitions come up

To tap US market for raising funds After onboarding Apax Fund as partner, travel and logistics technology company IBS Software is planning to strengthen its position in the industry further.

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News Stock Market

Rupee falls 29 paise to close at 82.68 against US dollar

During the day, the rupee touched a high of 82.45 and a low of 82.68 against the greenback. On Friday, the rupee had settled at 82.39 against the dollar. The rupee fell.

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News Stock Market

BYJU’S Aakash to go public next year

“BYJU’S… will launch the Initial Public Offering (IPO) of its subsidiary, Aakash Education Services Limited (AESL) mid next year,” BYJU’S said in a statement. Edtech major BYJU’S will launch the Initial Public.

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Economy News

India, EU seek to resolve dispute at WTO bilaterally

The Dispute Settlement Body (DSB) has called a special meeting on June 15 to decide on the joint request. If this is agreed to by DSB, it would facilitate the.

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Economy News

India’s services sector output increases at 2nd-fastest pace in close to 13 years in May: PMI

The seasonally adjusted S&P Global India Services PMI Business Activity Index fell from 62 in April to 61.2 in May. India’s services sector growth eased slightly in May, but registered.

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Economy News

Asset monetisation: Rs 1.4 trn raised, up 44% on year

The monetisation of public-sector brownfield assets unlocked capital worth Rs 1.4 trillion in FY23, up 44% on year. The achievement was against the target of Rs 1.62 trillion. The monetisation.

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Commodities News

Saudi Arabia oil output cut to delay price revision in India

Saudi Arabia on Sunday announced cuts of 1 million barrels per day in oil output starting July, while the rest of the OPEC+ producers agreed to extend earlier cuts in.

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Commodities News

Asian shares extend global rally, oil rises after Saudi cuts

Brent oil rose 1% to $76.89 a barrel, giving up some of its earlier gains to as high as $78.73, while U.S. crude climbed 1.2% to $72.61 a barrel, after.

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Commodities News

Saudi Arabia pledges big oil cuts in July as OPEC+ extends deal into 2024

Saudi’s energy ministry said the country’s output would drop to 9 million barrels per day (bpd) in July from around 10 million bpd in May, the biggest reduction in years..

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Cryptocurrency News

Nike Partners EA Sports to Bring Exclusive NFT Collection to Gamers: Details

As part of this deal, Nike’s Web3 platform called ‘.Swoosh’ will provide its users access to exclusive NFT collections. Nike, EA Sports announced the development officially on Twitter on June.

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