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Aakash puts share allotment to Byju’s parent firm on hold
Financial Express Mumbai
|November 29, 2025
AAKASH EDUCATIONAL SERVICES (AESL) has deferred the allotment of shares to Think & Learn (TLPL), the parent company of Byju’s, as part of a ₹100-crore rights issue, citing potential violations of foreign exchange and external borrowing norms, according to a statement.
As part of the rights issue, AESL allotted shares to Manipal Group and Beeaar Investco, which contributed around ₹58 crore and ₹16 crore, respectively, proportionate to their shareholding of 58.8% and 16%, the statement said.
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Financial Express Mumbai
PNGRB DECISION AIMED AT SAFEGUARDING CUSTOMERS, SAY GAIL stock slides as tariff hike lags expectations
THE PETROLEUM AND Natural Regulatory Gas Board on Thursday revised transmission tariffs for state-run GAIL to ₹ 65.69 per Million Metric British Thermal Unit (MMBtu), up 12% against the current tariff of ₹58.6 per MMBtu.
2 mins
November 29, 2025
Financial Express Mumbai
SCL Mohali to get ₹4,500-cr facelift
THE GOVERNMENT WILL invest ₹4,500 crore to modernise the Semi-Conductor Laboratory (SCL) in Mohali over the next three years, Electronics and IT Minister Ashwini Vaishnaw said on Friday.
1 min
November 29, 2025
Financial Express Mumbai
India emerging as key FWA market in Asia
INDIA'S FIXED WIRELESS access (FWA) market is emerging as one of the most compelling growth opportunities in Asia, as service quality begins to approximate that of fixed-line broadband and operators accel-erate 5G-led home broadband expansion.
1 min
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Financial Express Mumbai
Home appliances biz to grow 3x in 3-5 years: Voltas
LEADING AIR CONDITIONER (AC) maker Voltas is looking to grow its ₹2,300-crore home appliances business by more than threefold to ₹7,000-8,000 crore in the next 3-5 years, a top executive told FE. The company also aims to get into the top three club in home appliances, eyeing a wider presence in consumer durables.
1 mins
November 29, 2025
Financial Express Mumbai
RBI: Credit growth outpaces deposits
THE CREDIT GROWTH of the banking system continues to outpace its deposits, the Reserve Bank of India (RBI) data showed on Friday.
1 min
November 29, 2025
Financial Express Mumbai
Amazon, Flipkart set sights on small loans space
E-commerce giants working on BNPL, other credit products
2 mins
November 29, 2025
Financial Express Mumbai
Goyal: Canada FTA talks to start next week
INDIA AND CANADA will start talks on their Comprehensive Economic Partnership Agreement (CEPA) next week, Commerce and Industry Minister Piyush Goyal said Friday at FICCI AGM.
1 min
November 29, 2025
Financial Express Mumbai
Q2 stunner: Economic growth surges to 8.2%
MANUFACTURING EXPANDS AT FASTEST PACE IN OVER A YEAR REAL AND NOMINAL GROWTH RATES VARY JUST 0.5% POINT
3 mins
November 29, 2025
Financial Express Mumbai
'In e-comm, affordability beats speed'
SoftBank-backed Meesho is aiming to raise 5,421 crore via its IPO, which opens for subscription on December 3.
2 mins
November 29, 2025
Financial Express Mumbai
RBI rolls out simpler rules, makes compliance easier
9,445 circulars give way to 244 master directions
2 mins
November 29, 2025
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