Business
June 11, 2023
3 min

Promoter sells 13.7% in CMS Info Systems via bulk deal; ADIA, Norges Bank, 3 domestic MFs pick up stake - The Economic Times

-A group of lenders owning more than 85% of a $1.2 billion term loan taken by Byju’s have claimed that the suit filed by the edtech company against their demand for an “accelerated” repayment is "meritless"

-Adani Group’s proposed acquisition of Air Works has passed its long stop date and the two companies are not in discussions to extend deal timelines, according to ratings agency Crisil

-PM Narendra Modi welcomes collaborations that can accelerate India's digital transformation and Citizen empowerment, following his meeting in New Delhi with OpenAI chief executive Sam Altman

-The Economic Times offers a news app providing Daily Market Updates & Live Business News, as well as access to exclusive Economic Times stories, Editorial and Expert opinion.

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Written by
Adhikansh Gupta
Content Manager

Writer and editor who covers the latest trends and innovations in the software-as-a-service (SaaS) industry