Indian equities most expensive in Asia Pacific: Credit Suisse
Medilytix Bureau: Indian equities are the most expensive in the Asia Pacific region and most of the positives related to expected recovery in the economy is already priced in, says…
5G subscriptions in India expected to reach 500 million in next five years: Report
Medilytix Research Bureau: Ericsson Mobility Report released on Tuesday revealed that in India, 4G is expected to remain the dominant technology in 2027 with around 55 per cent subscribers. However,…
India’s public cloud services market to touch $10.8 billion by 2025: IDC report
Medilytix Research The revenue of public cloud service market in India — which includes Infrastructure-as-a-service (IaaS), platform-as-a-service (PaaS) solutions, and software-as-a-service (SaaS), stood at $2.2 billion for the first half…
Reliance Jio hikes prepaid plan prices from Dec 1 : Some tricks to avoid paying extra
Medilytix Bureau: Reliance Jio hiked its tariff plans following rivals Airtel and Vodafone-idea (Vi). The telecom operator increased its prepaid plan prices by 21 percent. The new prices will come…
Advent buys Eureka Forbes for ₹4,400 crore
Medilytix.in: Advent International, one of the largest global private equity investors, has signed a definitive agreement with Shapoorji Pallonji Group to acquire a majority stake in Eureka Forbes Ltd. (EFL),…
Piramal enters affordable housing with ₹34,250 cr DHFL buy
medilytix.in In the first successful resolution under the IBC route in the financial services sector, Ajay Piramal’s Piramal Enterprises has acquired Dewan Housing Finance (DHFL) for ₹34,250 crore. The acquisition…
Paytm IPO: Foreign investors valuing co at $20-22 bn
Medilytix.in Digital payments firm Paytm is seeing strong demand for its initial public offering (IPO) from sovereign wealth funds and foreign institutional investors who are valuing the Noida-headquartered company at…
NITI Aayog, Byju’s team up to provide learning resources in underdeveloped districts
Bureau: NITI Aayog CEO Amitabh Kant has announced the edtech behemoth Byju’s has teamed up with the government think tank for its Aspirational Districts Programme. As part of the initiative,…
D-Mart’s revenue jumps 46.6% to Rs 7,649.64 cr in Jul-Sept quarter
Bureau: Avenue Supermarts Ltd, which owns and operates retail chain D-Mart, has reported a 46.6 per cent increase in its standalone revenue from operations at Rs 7,649.64 crore for the…
Countries need not wait for widespread vaccination for reopening schools, says World Bank
Bureau: Evidence suggests that young children are less likely to contract COVID-19 and given the “safe” school reopening experiences in various countries prior to vaccine development, education systems do not…