Indian stock market ended FY24 on a healthy note with the frontline indices Nifty 50 soaring nearly 29% logging its best performance in three fiscal years, while the 30-share BSE Sensex climbed 14,659.83 points or 24.85% in FY24. In the last 12 months, financial markets displayed a blend of volatility over geopolitical conflicts but robust recoveries led by strong macroeconomic indicators.
Open FlipOn March 29, Byju’s concluded its EGM to increase the company's authorised share capital. Per sources, there were no objections to the resolutions discussed at the meeting. The sources said that hours before the EGM, Byju Raveendran, told dissenting investors who didn't participate in last month's funding round that they were welcome to participate in the same in next 72 hours. However, none did.
Open FlipAfter some senior-level exits, Zee Entertainment has now trimmed its workforce at the technology and innovation centre in Bengaluru as part of a cost-cutting measure. The company has pruned the Technology & Innovation Centre's (TIC) structure by around 50 percent on the guidance received from the board during the recently conducted Monthly Management Mentorship (3M) Program, the company said.
Open Flip