L&T Infotech board on Friday announced amalgamation and arrangement with Mindtree "to create an efficient and scaled-up IT services provider exceeding $3.5 billion." The transaction is subject to shareholder and regulatory approvals. Both the companies are Larsen & Toubro's subsidiaries.
The central government has released Rs 7183.42 crore as the revenue deficit grant to 14 states, including, Andhra Pradesh, Kerala, Punjab, Rajasthan and West Bengal, the Union Finance Ministry said on Friday.
Emerging from a slumber of almost half a decade, the luxury property segment in India is poised for a comeback with real estate experts pointing to an upsurge in demand for high-end properties in select parts of Mumbai, Delhi, Gurgaon and Goa -- the key destinations of luxury and uber-luxury properties in India.
Experts say if you do not want to increase the tenure of the loan it is better to increase EMI provided it does not hurt the family cash flow. The default option of most of the banks is, however, to increase the tenure of the loan.
Hiring activity saw a robust recovery across sectors, showed data by Naukri JobSpeak report. Hiring activity jumped 38 per cent at the start of the new financial year, the report added. Travel and hospitality, and retail bounced back in terms of hiring.
Every 1 in 2 Indian travellers plan to head out on their first trip since the 2020 lockdown this summer, according to the Mid-Summer Vacation Index 2022 published by hospitality major OYO. The firm explained that this is a strong indicator of the bounce back in travel confidence across India.
Cryptocurrency markets bleed red in the last 24 hours. The global market cap is down by 7.29 per cent in the last 24 hours and is at $1.67 trillion as of 8:00 AM IST, CoinMarketCap data showed.
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