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BUSINESS

Saurabh Chandrakar’s Rs 200 Crore UAE Wedding Triggers ED Probe

A lavish wedding in the United Arab Emirates has brought the Mahadev Online Book app, an illegal online betting app, under scrutiny by the Indian Enforcement Directorate (ED). Sourabh Chandrakar, one of the promoters of the Mahadev Online Book app, got married in February 2023 in Ras Al-Khaimah. The wedding reportedly cost around Rs 200 […]

BUSINESS

BYJU’s future IPO in Aakash adds Rs. 2,000 crore to debt

Might 13, 2023 Pragna Chakraborty Enterprise Training 0 The preliminary public providing Related to Aakash Academic Companies, Byju’s examination preparation enterprise, on Friday, Might 12, closed a 2,000 crore financing spherical from Davidson Kempner Capital in a structured credit score transaction towards the corporate’s money flows. All in regards to the deal The deal, accomplished

BUSINESS

India’s IT hardware sector gets a 17,000 crore boost

The Manufacturing Linked Incentive Scheme 2.0 for IT {hardware} with a budgeted allocation of 17,000 crore rupees was permitted by the Cupboard chaired by Prime Minister Narendra Modion Wednesday 17 Could. The PLI plan 2.0 The monetary price of the IT-PLI plan can be Rs. 17,000 crore over its six-year time period, based on Union

BUSINESS

Manappuram Chief Financial Officer’s assets of 143 crore rupees have been frozen by ED

Might 5, 2023 Pragna Chakraborty company finance 0 Well-known Kerala-based director and CEO VP Nandakumar of NBFC Manappuram Finance Ltd had his fortune value Rs 143 crore frozen by legislation enforcement following raids by authorities. The investigation Following raids as a part of a cash laundering investigation, legislation enforcement officers introduced on Thursday that they

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