Priyanka Bhowmick

Adani Ports and Special Economic Zones, a subsidiary of India's troubled Adani Group, on Monday announced a buyback program of certain debt securities. The move aims to partially repay the outstanding debt in 2024.Adani Ports disclosed in a filing to the stock exchange that it has issued a tender for outstanding loans of up to $130 million.The company is taking this step to boost investor confidence, as Adani Group shares were badly hit after a negative report by US short-sellers earlier this year.The report added, "The group is likely to start with the first tranche of anywhere between $250 million…

Esri India, a provider of location intelligence software and solutions, has announced the availability of ArcGIS Business Analyst, a location intelligence solution suite designed to help organizations make data-driven smart decisions. Some of the target markets for this solution are banking and financial services companies, manufacturing companies, retail chains, insurance, real estate companies, healthcare, hospitality, transportation, logistics, etc. All such companies have business data to which a location element is attached, and using ArcGIS Business Analyst they can realize the full value of their data in decisions and gain a competitive advantage. ArcGIS Business Analyst for India will include various…

Deloitte will cut 1,200 jobs, or 1.5% of its US workforce, the Financial Times reported. Layoffs will be higher at auditing firms in areas such as the financial advisory business, the report added. Earlier this week, Deloitte's rival Ernst & Young said it had cut staff in its U.S. arm by 5%. Layoffs from auditing firms will be even greater in areas such as the financial advisory business, which has been hit by a slowdown in merger and acquisition activity, the newspaper said.Earlier this week, Deloitte's rival Ernst & Young said it had cut staff in its U.S. arm by…

In a funding round led by Mesa School of Business Elevation Capital, INR raised Rs 34 crore with the participation of angel investors like Kunal Shah, Vidit Atre, Abhiraj Bahl and others. The startup is looking to deploy incoming funding to develop a curriculum and deliver it to a founding cohort of 60 students in partnership with startup leaders and potential future employers. Ankit Agarwal and Varun Limaye founded the Mesa School of Business in 2023 startup leadership began offering a 12-month, full-time PG program. At the end of the program, startups claim that students will get opportunities for leadership…