The rupee has today shown some slight appreciates against the US dollar increasing by 11 paise

The rupee has today shown some slight appreciates against the US dollar increasing by 11 paise

The rupee has today shown some slight appreciation against the US dollar increasing by 11 paise to close at 82.78 (provisional) on Thursday following a weak greenback in overseas markets. The rupee climbed to open at 82.78 on Thursday in trades against a dollar after the previous close of 82.84 at the interbank foreign exchange … Read more

GST Council raises the monetary limit from 1cr to 2cr to launch prosecution

GST Council raises the monetary limit from 1cr to 2cr to launch prosecution

Federal indirect tax body, the Goods and Services Tax (GST) Council, on Saturday decided to raise the monetary threshold for launching prosecutions under GST law to ₹2 crores from ₹1 crore now, and also decided to de-criminalize three offenses in addition to issuing several clarifications to bring certainty to businesses, especially in automobile and insurance … Read more

MD & CEO Post Opens For Applications in Bank of Baroda: Check Details

MD & CEO Post Opens For Applications in Bank of Baroda: Check Details

The Financial Services Institutions Bureau (FSIB) has invited applications for the post of Managing Director & Chief Executive Officer (MD & CEO) of the Bank of Baroda (BoB). Interested and eligible candidates can send in applications from the FSIB official website i.e. fsib.org.in. Last month the headhunter for directors of state-owned banks and financial institutions invited applications for … Read more

Tech Giant Microsoft invests $2 billion to take 4% stake in London Stock Exchange

Tech Giant Microsoft invests $2 billion to take 4% stake in London Stock Exchange

U.S. tech giant Microsoft on Monday announced a 10-year partnership with the London Stock Exchange Group. Microsoft will take a 4% stake in the London Stock Exchange’s corporate parent and provide cloud computer services for the financial markets company. LSEG’s shares were up 4% in Europe on Monday. The companies announced the partnership in a joint … Read more

Luberef announced it may raise $1.32 billion from IPO at a price range of SAR 91-99 PER SHARE

Luberef announced it may raise $1.32 billion from IPO

Saudi oil giant Aramco’s base oil subsidiary Luberef expects to raise to 4.95 billion riyals ($1.32 billion) from its initial public offering, it said, if its prices are at the top of a range announced on Sunday. The world’s biggest crude producer seeks to list some of its subsidiaries. BOOKRUNNER SAYS OFFERING SIZE OF $1.21 … Read more

Singapore e-commerce giant Carousell lays off about 110 employees to reduce costs

Singapore e-commerce giant Carousell lays off about 110 employees to reduce costs

E-commerce platform Carousell announced it will be laying off about 110 employees or 10 percent of the group’s total headcount to reduce costs.  Carousell is a Singaporean smartphone and web-based consumer-to-consumer and business-to-consumer marketplace for buying and selling new and secondhand goods.  Headquartered in Singapore, it also operates in Malaysia, Indonesia, the Philippines, Cambodia, Taiwan, … Read more