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Indian shares extended their record-breaking run on Friday with the Sensex closing above 66,000 and the Nifty breaking past 19,500 for the first time after US inflation in June rose at the slowest pace in more than two years, fuelling bets the Federal Reserve may be close to ending its rate-hiking cycle.
Online gaming companies, which have slammed the Goods and Services Tax (GST) Council’s decision to impose the maximum 28% indirect tax on the full face value of the business, said they are awaiting details on the applicability of the levy before deciding their next steps.
The Securities and Exchange Board of India (Sebi) is asking companies planning initial public offers (IPOs) to remove director nomination rights provided to promoters and investor shareholders from the articles of association.
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Layoff Tracker
Company Name
Layoffs
Byju’s
3,500
Unacademy
1,350
Vedantu
1,100
Cars24
600
Oyo
600
Udaan
530
Mohalla Tech
500
Mfine
500
Swiggy
380
Frontrow
280
Ola
200
DealShare
100
Cashfree
100
WazirX
60
Meesho
150
POWERED BY
Elica 90 cm 1200 m3/hr Filterless Auto Clean Chimney with 15 Years Warranty (WDFL 906 HAC LTW MS NERO, Touch + Motion Sensor Control, Black)
44%
OFF
Lenovo IdeaPad Slim 1 AMD Ryzen 3 7320U 15.6″ (39.62cm) FHD Laptop (8GB/512GB SSD/Win 11/Office 2021/2 Year Warranty/Alexa Built-in/3 Month Game Pass/Cloud Grey/1.58Kg), 82VG009MIN
39%
OFF
Noise Pulse 2 Max 1.85″ Display, Bluetooth Calling Smart Watch, 10 Days Battery, 550 NITS Brightness, Smart DND, 100 Sports Modes, Smartwatch for Men and Women (Jet Black)
77%
OFF
IFB 16 Place Settings Hot water wash Free Standing Dishwasher (Neptune VX2 Plus, Inox Grey, In Built Heater with Turbo Drying, Perfect for Indian Utensils)
4%
OFF
HP Laptop 15, 11th Gen Intel Core i5-1155G7, 15.6-inch (39.6 cm), FHD, 16GB DDR4, 512GB SSD, Intel Iris Xᵉ Graphics, Backlit KB, Dual Speakers (Win 11, MSO 2021, Silver, 1.69 kg), fr4001TU
16%
OFF
HP Smart Tank 525 All-in-one Colour Printer (Upto 6000 Black and 6000 Colour Pages Included in The Box). – Print, Scan & Copy for Office/Home
19%
OFF
Echo Dot (Black) Combo with Wipro 9W Smart Color Bulb – Smart Home Starter Kit
50%
OFF
LG 8 Kg 5 Star Inverter Direct Drive Touch Panel Fully Automatic Front Load Washing Machine (FHM1408BDM, Steam for Hygiene, In-Built Heater, 6 Motion DD, Middle Black)
19%
OFF
Voltas 1.5 Ton 3 Star Fixed Speed Split AC (Copper, LED Display, Anti-dust Filter, 2023 Model, 183 Vectra Prism, White)
40%
OFF
LG 32 L Convection Microwave Oven (MC3286BLT, Black)
22%
OFF
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