The newly-formed entity which will list on the NYSE as Eros STX Entertainment Corp, will remain listed on the New York Stock Exchange, with headquarters in both Mumbai, India, and Burbank, California, and has also got $125 million in fresh funding. The merger will not change the structure of Eros's Indian arm which is also listed on Indian stock exchanges.
Ahead of the general elections, a slew of states and also the Centre had doled out sops to the marginalised sections, including the farmers and the poor.
Bitcoin has been on fire ever since Musk announced that Tesla had bought $1.5 billion of the cryptocurrency, and that his electric-vehicle company would accept bitcoin from buyers.
'Students are taking a keen interest in a hybrid model, where they start classes online and then complete the course on campus.'
We are more positive on the consumption theme than infrastructure or investment sectors, where government decisions will make a difference.
Budget carrier SpiceJet on Wednesday launched another discounted ticket scheme, offering fares as low as Rs 1,599 across its domestic network for travel between February 15 and April 15 to celebrate Valentine's Day.
Bharat is the biggest opener of the year from Bollywood.
Cities are setting the rules that now carry life and death implications for their residents, and most of these rules are sought to be set by the municipal authorities who have never wielded such power, reports Subhomoy Bhattacharjee.
After turning net buyers for the fifth straight month till June, foreign portfolio investors (FPIs) withdrew a net of Rs 11,743 crore ($1.7 billion) in July. This was their highest outflow since October 2018.
Was Kerkar duped by his employees, as he claims, or did a cocktail of greed, poor cost control and bad management bring the travel firm down, wonder Pavan Lall and Aneesh Phadnis.
From Rs 191 billion in 2019, the world's largest film producing industry now stands at Rs 72 billion thanks to the pandemic.
The government on Friday raised as much as $1.4 billion through share sales, in a push to shore up state finances before it heads into a tough parliamentary election next month.
Delhi Police Crime Branch raided the office of a petrochemical co.
Several of the mutual fund schemes have plans like dividend, growth and bonus.
'He has a splendid opportunity to capitalise on the CPEC and turn the economy around decisively, putting Pakistan firmly on a higher growth trajectory.' 'Indeed, under the Imran-Bajwa dispensation, there has been a noticeable whittling down of support to militant groups,' points out Ambassador M K Bhadrakumar.
Budget hotels are witnessing at least 200 per cent hike in their tariff.
Aim is to boost sales volumes and increase penetration.
Regional States will be worried that the US's nascent engagement with the Taliban behind the fig leaf of humanitarian aid enables the return of US intelligence personnel to Afghanistan, observes Ambassador M K Bhadrakumar.
The worries for the industry include defaulting payments, slowdown in industry growth rate and budget cuts. "While we are bracing ourselves for budget cuts in the near future, we can't give our customers longer credit cycles as we operate on wafer-thin operating margins," says Mudhukar Kamath, MD and CEO, Mudra Group, while admitting that they have experienced a few cases where payments are getting stretched.
The move followed after certain startups complained about facing harassment and the taxman breathing down their neck on the angel tax issue.
United States President Barack Obama has nominated new heads for the energy department and the Environmental Protection Agency, as he reshuffles his second term cabinet.
Byju's, says Anita Kishore, has given the founders of the businesses it has acquired the independence to operate separately and maintain their core culture.
Hero MotoCorp was the top gainer in the Sensex pack, spurting 4.46 per cent. IndusInd Bank, Tata Motors, Vedanta, SBI, M&M, Sun Pharma, Tata Steel, HDFC and HDFC Bank too rose up to 3.63 per cent.
The national transporter is also mulling a hike in passenger fares in the Rail Budget next year to tide over the loss in passenger sector
Water shortage is likely to lead to political tensions and instability in the future, warns Simon George, President, Cargill India.
Four enterprising women tell us how they tackled bias and criticism to create a niche for themselves and are now leading their businesses.
Will it be home or defence for Amit Shah?
Indian Economy poised for growth, say experts.
The call centre works round the clock attending to calls ranging from domestic violence to suicide attempts to seeking medical help.
Mahindra launches e-mobility platform 'Glyd' to take on Ola, Uber. Targeted at office-going executives, it offers web-conferencing, curated entertainment and music content from selective partners.
DEA is currently headed on an interim basis by Corporate Affairs Secretary Tapan Ray
Confident that a cyber attack won't affect you? Think again, says Nandakishore Harikumar.
DTC task force also favoured doing away with Dividend Distribution Tax by suggesting taxing dividends in the hands of shareholders.
She will replace US Supreme Court Judge Justice Brett Kavanaugh who was nominated by President Donald Trump for the top post.
Now White House would carry out its review of the proposed regulation, take inputs from various agencies, before taking a final call. The entire process could take from a few weeks to several months.
In charge of dope control at the IPL for the very first time, the National Anti-Doping Agency (NADA) might have to outsource the task of sample collection given the high cost of handling the exercise when the event is held in the UAE later this year. The next best option for NADA will be using the services of UAE's National Anti-Doping Organisation (NADO) or contact Sweden's International Dope Test and Management (IDTM) which has done sample collection and testing for the last 12 seasons of the IPL.
Strengthening the portfolios of the home minister and the finance minister is a message that should not be missed, points out A K Bhattacharya.
It is a record that the saffron party has created, where the majority of its legislators belonged to the minority community.
The silver lining is that after two years, e-commerce has emerged as the top sector with $689 million in investments across 15 deals, accounting for 43 per cent of all investments in January 2021.
The White House has strongly opposed the conditions on United States aid to Pakistan by the powerful House Armed Services Committee in the National Defence Authorisation for the fiscal year 2013.
