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Tiger Global sells 2.34% stake in Zomato, sells 185 million shares

Tiger Global sells 2.34% stake in Zomato, sells 185 million shares

Zomato on Thursday said investment firm Tiger Global has reduced its stake in the company by almost half to 2.77 per cent by selling over 18.45 crore shares in the open market.

Tiger Global's Internet Fund VI Pte Ltd had a holding of 5.11 per cent in the online food delivery platform before the sale.

India records two more monkeypox cases, patients have no travel history

India records two more monkeypox cases, patients have no travel history

Two out of the 12 samples collected by the All India Institute of Medical Sciences (AIIMS), Delhi tested positive for monkeypox, said officials on Friday.

Following the confirmation, these patients were admitted to Lok Nayak Jai Prakash Narayan Hospital (LNJP) hospital.

40,000 foreigners overstayed in India after visa expiry in 2020

40,000 foreigners overstayed in India after visa expiry in 2020

More than 40,000 foreigners overstayed in India after the expiry of their visas in 2020 when over 32.79 lakh foreigners visited the country despite a long spell of nationwide lockdown due to the COVID-19 pandemic.

According to the Union Home Ministry statistics, the number of foreign nationals residing in the country after expiry of their visas in 2019 was 54,576, and in 2020 was 40,239.

Streaming company SoundCloud announces 20% layoff of workforce

Streaming company SoundCloud announces 20% layoff of workforce

Streaming platform SoundCloud has announced to cut 20 per cent of its workforce "given the challenging economic climate and financial market headwinds".

SoundCloud CEO Michael Weissman wrote in an email that affected employees would be notified over the next several days, reports Billboard.

HDFC Ltd secures $1.1 bn syndicated social loan for affordable housing

HDFC Ltd secures $1.1 bn syndicated social loan for affordable housing

Mortgage financier HDFC Ltd on Friday said it has completed a $1.1 billion syndicated social loan facility at a 3.3 per cent coupon rate for financing affordable housing projects in the country, making it the largest social finance issuance.

This transaction is the largest social loan globally, the first social external commercial borrowing (ECB) loan out of India and the largest ECB loan deal from a housing finance company/ private NBFC in India.

Adani buys Macquarie Infra's toll roads in Andhra, Gujarat for Rs 3,110 cr

Adani buys Macquarie Infra's toll roads in Andhra, Gujarat for Rs 3,110 cr

Adani Road Transport Ltd (ARTL), a subsidiary of Adani Enterprises on Thursday signed an agreement with Macquarie Asia Infrastructure Fund to acquire the latter's 56.8 per cent stake in Gujarat Road and Infrastructure Company Ltd (GRICL) and 100 per cent stake in Swarna Tollway Pvt Ltd.

The deal, executed at Rs 3,110 crore, will give Adani control over four stretches of toll roads in Andhra Pradesh and Gujarat and is expected to be completed by September, according to a company release.

Monkeypox: Canada confirms 890 cases, Ontario has the highest number

Monkeypox: Canada confirms 890 cases, Ontario has the highest number

The Public Health Agency of Canada confirmed 890 cases of monkeypox in the country.

The health agency said that of the confirmed cases as of Wednesday, 423 cases are from Ontario, 373 from Quebec, 78 from British Columbia, 13 from Alberta, two from Saskatchewan and one from the Yukon, Xinhua news agency reported.

Federal Bank becomes 1st to list Payment Gateway on new tax platform

Federal Bank becomes 1st to list Payment Gateway on new tax platform

Kerala-based Federal Bank has become the first bank to list its Payment Gateway platform on the TIN 2.0 platform of the Income Tax Department.

The TIN 2.0 platform went live on July 1 this year and the "Payment Gateway" has been enabled, providing one more payment option to taxpayers, who can now make their payments with ease, using modes such as Credit/Debit Card, UPI, NEFT/RTGS and Internet Banking.

Never left Sena, it's intra-party dispute, not defection: Shinde camp to SC

Never left Sena, it's intra-party dispute, not defection: Shinde camp to SC

Maharashtra Chief Minister Eknath Shinde faction on Wednesday told the Supreme Court that the rebel MLAs never left the Shiv Sena while emphasising that there was no split in the party.

The Shinde faction said it was "not anti-party, but intra-party" dispute after Uddhav Thackeray-led camp claimed that these MLAs stand disqualified for anti-party activities.

After Herald House sealing, Congress steps up attack on govt in Parliament

After Herald House sealing, Congress steps up attack on govt in Parliament

A day after the ED sealed Herald House, the Congress on Wednesday stepped up attack against the government and gave multiple adjournment motion notices in the Lok Sabha and suspension of business notice in the Rajya Sabha.

Congress MP Gaurav Gogoi gave a notice in the Lok Sabha to discuss the India-China border dispute issue.

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