DTI News

Category: Business

Zomato allots 4.55 crore shares to employees at Re 1 each amid sell-off pressure

NEW DELHI: Amid a free fall in the share prices of Zomato, the company has allotted over 4.55 crore equity shares from its employee stock option plan (ESOP) pool at an exercise price of Re 1 rupee. The food delivery company Zomato has seen its shares lose 21 per cent in value over two days…

Business, Sub Top

Gautam Adani became fourth richest person, overtakes Bill Gates in world

MUMBAI: Adani Group chief Gautam Adani has became the 4th richest person in world by overtaken Microsoft co-founder Bill Gates. According to the Forbes data list, the net worth of the Adani Group has reached $ 115.9 billion while Bill Gates is at the fifth position with $104.6 billion. While Mukesh Ambani, he is on…

Business, Sub World

High inflation in Sri Lanka, people suffering economic crisis

COLOMBO: Sri Lanka is facing an acute economic crisis due to job and earning losses, high food inflation and the country’s dwindling finances. PM Ranil Wickremesinghe has told the country’s military to do ‘whatever is necessary to restore order”, after protesters stormed his office. Gotabaya Rajapaksa left the country. He had to vacate the President’s…

Big Stories, Business, Sub World

India’s forex reserves hit lowest level in last 15 months, know why foreign exchange necessary

New Delhi: India’s foreign exchange reserves have fallen to a 15-month reflecting the cost of braking the decline of the rupee against the super-charged dollar that is going from strength to strength. There is no end to the bad news for the Indian economy todays. The Indian rupee has historically crossed 80 against the dollar….

Business, Sub Business, Sub Top