New Delhi,  Edtech giant BYJU's on Wednesday said that the $1 billion acquisition process of Aakash Educational Services is on track and is expected to be completed by August.

BYJU's acquired Delhi-based offline test preparatory services provider Aakash for $1 billion last year.

Th

New Delhi, Public spats have marred investor-founder relationships in 2022. Take the case of Amsterdam-based investor Gergely Orosz versus Invact CEO Manish Maheshwari in May 2022. Or Trell, where the founders claimed that investors have looked to bully them. The controversies at Zilingo and BharatPe have been public too. T

Tokyo/New Delhi,  Japanese Renesas Electronics Corporation, a leading supplier of advanced semiconductor solutions, on Wednesday announced a strategic partnership with Tata Motors and Tejas Networks Ltd (a Tata Group company) to design, develop and manufacture semiconductor solutions.

The aim is to enhan

Seoul, Shares in Hyundai Motor and its affiliate Kia plunged on Wednesday, as German authorities raided the carmakers' local offices over suspicions they had installed defeat devices on some of their combustion cars.

On Wednesday, Hyundai plunged 5.7 per cent to 175,500 won ($135.17), and Kia plummeted 6.

Seoul,   LG Corp, South Korea's fourth-largest conglomerate, said on Wednesday it plans to invest more than 2 trillion won ($1.5 billion) over the next five years in clean technology, as part of efforts to advance in a new growth sector.

The group, which has affiliates in various businesses, ran

Chennai,  Unbranded pre-packaged food items, hotels with room rent less than Rs 1,000 to be brought under the Goods and Services Tax (GST) net seems to be the decision of the GST Council.

The two-day GST Council meeting at Chandigarh began on Tuesday.

It is said the Council at its 47th mee

Mumbai,  The funeral of Pallonji Shapoorji Mistry - the billionaire realty tycoon - was performed with full state honours at the Parsi Tower of Silence, here on Wednesday morning.

Mistry, 93, the Chairman Emeritus of the venerable 157-year-old Shapoorji Pallonji Group, passed away early on Tuesday at his

Phnom Penh,  Cambodian Commerce Minister Pan Sorasak on Wednesday told local exporters to reap the benefits of the Regional Comprehensive Economic Partnership (RCEP) free trade pact, which came into force from January 1.

In a speech to some 350 officials and business executives at the first seminar on RC

New Delhi, The Union Cabinet's Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, on Wednesday approved deregulation of sale of domestically-produced crude oil.

As per the decision, the government has decided to cease allocation of crude oil and condensate with effect f

Chandigarh,  The next Goods and Services Tax (GST) Council meeting will be held in Tamil Nadu's Madurai in August, Union Finance Minister Nirmala Sitharaman said on Wednesday.

Announcing this at the press meet after the two-day meeting of GST Council held in Chandigarh, she said the next meeting will