Embattled edtech company Byju’s concluded its extraordinary general meeting (EGM) to increase authorised share capital with no objections raised on the resolutions discussed, sources told Moneycontrol. This comes hours after Byju's welcomed dissenting investors to join the rights issue in the next 72 hours. The olive branch was extended to shareholders like Peak XV Partners, General Atlantic.
Open FlipAsset management company, PGIM India Mutual Fund, has launched an open-ended retirement solution-oriented scheme having a lock-in of five years or till the retirement age. The new fund offer (NFO) for PGIM India Retirement Fund opened on March 26 and will close on April 9. What’s on offer? The investment objective of the scheme is to provide capital appreciation and income to investors in line.
Open FlipThe momentum in electric vehicle sales seems to be slowing down around the world, especially because of sluggish demand in Europe, the growth driver for the global EV market, says a latest Goldman Sachs report. The global brokerage firm, however, remained bullish on hybrid vehicles on higher customer acceptance of price points.
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