Mint Business News - Official Channel
115K subscribers
10.7K photos
341 videos
7 files
20.3K links
News and analysis from the world of business and finance.

For more, visit
www.livemint.com
Download Telegram
The ministry of corporate affairs has begun an inspection of the books of edtech firm #Byju’s as corporate governance concerns mount following the resignation of its auditor as well as three shareholder directors.

https://www.livemint.com/companies/news/centrebegins-inspection-into-byju-s-financials-11689102384510.html
The regulatory crackdown on #China's #tech firms gained momentum after the shelving of #Alibaba affiliate #AntGroup's $37 billion #IPO in November 2020.

Read here: https://www.livemint.com/market/beijings-regulatory-crackdown-wipes-1-1-trln-off-chinese-big-tech-11689154448628.html
In February 2022, #Razorpay had acquired a majority stake in #KualaLumpur-based #fintech Curlec at a valuation of $20 million with an aim to fuel its global expansion plans.



Read here: https://www.livemint.com/companies/news/razorpay-launches-first-international-payment-gateway-in-malaysia-through-curlec-11689161875110.html
#India's #CPI #inflation rises for the first time in five months to 4.81% in June 2023. Also, the rise in inflation is higher than the street's expectations.

Read here: https://www.livemint.com/news/india/cpi-inflation-rises-higher-than-estimates-to-4-81-in-june-2023-food-inflation-jumps-449-11689163917567.html
#ElonMusk announces the formation of xAI, an alternative to #ChatGPT, with a goal to understand the true nature of the universe.

The team includes executives from #Google's #DeepMind, #Microsoft and #Tesla, along with academics from the #UniversityOfToronto.

Read here: https://www.livemint.com/news/world/elon-musk-announces-new-company-xai-set-to-build-chatgpt-alternative-11689178734707.html