Rai Vinaykumar

vinay.rai@aajtak.com

Vinay is an engineer-turned journalist with experience across news agencies and digital newsrooms. He has earlier worked with Economic Times, Cogencis and PTI. When not working, he is either watching cricket or looking for memes on Twitter.

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JSPL revises Jindal Power disinvestment plan, to launch competitive bidding process

by Rai Vinaykumar |Jul 25, 2021

Under the revised offer, Worldone will buy all equity shares and redeemable preference shares of JPL held by JSPL for a total consideration of approximately Rs 7,401 crore.

The proposed transaction will be completed upon receipt of requisite regulatory and other approvals.

Bandhan consortium to acquire IDFC AMC for Rs 4,500 crore

by Rai Vinaykumar |Apr 6, 2022

Last year, the board of IDFC Ltd and IDFC Financial Holding Company Ltd had approved the divestment of mutual fund business, IDFC AMC.

Both PVR and INOX are public listed companies engaged in cinema exhibition, related food and beverages and allied activities.

PVR, INOX to merge operations; Ajay Bijli to be MD of new entity

by Rai Vinaykumar |Mar 27, 2022

Post the merger, INOX promoters will have 16.66 per cent stake in the combined entity, while PVR promoters will hold 10.62 per cent stake.

Calling 2021 as the "age of the unicorns", HDFC Securities said that an unprecedented jump in funding activity led to the creation of unicorns.

India to get over 100 new unicorns in 2022: HDFC Securities

by Rai Vinaykumar |Mar 19, 2022

India added about 42 unicorns in 2021 as against 37 unicorns created in the previous 10 years together. Globally, India ranks third in the world in terms of total number of unicorns.

"As businesses return to a new normal, the job landscape is expected to improve," the RBI bulletin said.

Economic recovery gaining strength, job landscape to improve: RBI

by Rai Vinaykumar |Feb 16, 2022

The central bank said that manufacturing and services remain in expansion with optimism on demand parameters and uptick in consumer and business confidence.

Georgieva said that the world has moved beyond conceptual discussions of CBDCs and is now in the phase of experimentation. (File pic: Reuters)

Can CBDCs be useful? Here's what IMF chief thinks

by Rai Vinaykumar |Feb 14, 2022

Kristalina Georgieva said that there is "no one-size-fits-all model" for CBDCs as there is no universal case for them because each economy is different.