Byju’s has not had a very endearing year so far. Its FY21 losses were the highest ever reported in history and the FY22 results are yet to be announced. In between, many early backers who had committed funds to Byju’s even backed out citing valua

The US Federal Reserve released the minutes of the FOMC meeting exactly 21 days after the Fed statement. With the Fed statement released on 02nd November, the Fed followed it up with detailed minutes of the discussion on 23rd November. Incidentally,

Private equity player Blackstone, a predominant player in the real estate space in India, has taken another bit bet on the IT space. Blackstone now plans to buy out a majority stake in R Systems limited for a total consideration of Rs2,904 crore, or

How would you react if the fourth richest person in the world, who made his billions by making people buy online, asks you to go slow on spending. Obviously, you got to take it seriously. Why would a man as incredibly intelligent and sharp as Jeff Be

At a time when most companies are dreading at the very though of dollar denominated debt, the Adani group has decided to go ahead and aggressively borrow $2 billion from the dollar bond market. The dollar bond market is where Indian companies can rai

One of the world’s leading rating agencies, Moody’s Investors Services, has cut India’s GDP growth projections for FY22 by 70 basis points from 7.7% to 7.0%. This refers to calendar year estimates of Moody’s. The agency has identified higher

In his career Jeff Bezos has achieved several distinctions. Apart from being the world’s richest man for a better part of the last 5 years, Bezos also has the distinction of being a pioneer in online commerce, in the cloud business and in the drone

There was finally a piece of good news flowing in from the US and it was in the form a sharper than expected fall in the rate of consumer inflation. Till June 2022, the consumer inflation was on consistently moving up before it finally peaked in the

In what could send a chill down the spines of the tech sector job seekers, Meta Platform plans to lay off nearly 13% of its workforce of 87,314 people. This is the first time since its inception in 2004 that Mark Zuckerberg would be undertaking such

Today, India ranks as the fifth largest economy in the world behind the US, China, Japan and Germany in that order. It is still open to debate as to whether Indian economy has a higher GDP compared to UK and France or whether it lags behind. Either w

PE funds and venture capital companies have been active in the Indian market for quite some time now. That is hardly surprising considering that India has a robust start-up ecosystem. Now it is the turn of stressed asset funds to enter India in an ag

It looks like the Hyderabad based hospital and healthcare chain, Care Hospitals, may finally land up on the lap of one of the private equity giants. It is reported that KKR and Temasek, are among the final round bidders for Care Hospital while