Bharat Express

Business

“In terms of boosting business connections, we are focusing on two areas – information technology and healthcare,” he said.

“I don’t know whether they have shared the number with you, so I’m not mentioning it, but in our interaction last week in Mumbai, I was told it is clearly much more than 75%,” he said, adding that credit offtake from banks is also growing at a resilient 15.5%.

Last year, SoftBank had invested about $500 Mn in Indian SaaS startups, much lower than the $3.2 Bn investment it made in 2021 across segments. As of now, SoftBank’s total investment in Indian startups stands at $15 Bn, where it already withdrew $7 Bn.

The securities and Exchange Board of India (SEBI) penalized and barred renowned influencer PR Sundar for allegedly violating investment advisers' norms.

Go First announced that all their flights will remain suspended till May 30.

Vodafone Idea is in advanced talks with three investors for equity infusion.

The decision was taken at the EAEU meeting under Russia's presidency in Moscow on Wednesday and Thursday. The EAEU comprises Russia, Armenia, Belarus, Kazakhstan and Kyrgyzstan.

The EAM said: "The PM of Papua New Guinea said that for him the PM is 'Vishwa Guru'. The Australian PM called PM Modi 'The Boss'."

Meanwhile, the global oil benchmark Brent crude rose 0.24 percent to USD 76.44 a barrel

Cash-strapped Go First airline on Friday announced the extension of its flight cancellations till May 28.