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Spotify has not seen any drastic change in revenue numbers or its user base in the country and is focused on striking a balance between its free and premium services, a senior executive of the music streaming platform said. “We always want to offer a great free service and will obviously keep calibrating because ultimately, we are also running a business here. So, we are going to calibrate between free and paid in such a way that we want to keep our free business growing and also keep our premium business growing,” Amarjit Singh Batra, managing director of Spotify India, said during a fireside chat at the India Digital Summit 2024 in Mumbai.

Anant Ambani, the youngest scion of the esteemed Ambani family, is gearing up for his wedding to Radhika Merchant in July this year. Preceding this grand occasion, the Ambani family is orchestrating a three-day festivity at the Reliance Greens complex in Jamnagar, sparking a wave of excitement across the town.

₹1.8 lakh for a 40-minute circling time to ₹2.6 lakh for 60 minutes. This not only raised airfares but also affected airport operations, resulting in delays.

KKR & Co. is exploring options including selling its controlling stake in India’s JB Chemicals & Pharmaceuticals Ltd. amid interest from potential buyers, according to people familiar with the matter. The US private equity firm is looking to hire financial advisers to help evaluate a sale of its 53.8% stake in the Mumbai-based company, the people said, asking not to be identified as the matter is private. Other buyout firms and industry players have shown preliminary interest in buying KKR’s stake, the people said. Shares of the company, which is known as JB Pharma, have climbed 68% in the past 12 months, valuing the firm at just over $3 billion.

PayU Payments has significantly bolstered its board of directors, appointing five new members in a strategic move that expanded the board's strength to seven on February 29, according to a report by Moneycontrol. This diverse group brings a wealth of experience in finance, law, and business leadership, aiming to provide valuable guidance and support to PayU as it navigates the ever-evolving payments landscape in India. Leading the new appointees is Renu Sud Karnad, the former Managing Director of Housing Development Finance Corporation (HDFC), who will serve as the Chairperson of the board, the report added.

Gold And Silver Prices Today: Gold prices experienced a slight increase on Wednesday. The price of 24 carat gold is Rs.6426.4 per gm, up by Rs.1107.0. The price of 22 carat gold is Rs.5886.5 per gm, up by Rs.1013.0.

Mumbai: Fire at BMC's water pumping station impacts water supply in THESE areas However, the BMC informed that two transformers and 15 pumps have now become operational at the Pise Water Pumping Station. Eight out of 20 pumps were started by 4 am on Tuesday. The supply resumed at low pressure from the Golanji, Rawali, Fosberry, and Bhandarwada service reservoirs, and six more pumps were started by 11 am on the same day.

Sadhav Shipping will be finalised later today. On the allotment date, investors get to know about the number of shares allotted to them as against the bids made. Investors can check the status of Sadhav Shipping IPO allotment by logging in to the official website of the registrar, which is Maashitla Securities in this case.

₹10.71 crore net within its five-day run in theatres, According to early estimates by industry tracker Sacnilk. On its Day 5, Tuesday, the movie raked in ₹1.01 crore net, marking a slight improvement of 1% from the previous day when it earned ₹1 crore net. In terms of occupancy on February 27, the film witnessed an overall 10.46% Hindi occupancy.

New Delhi/Mumbai: India plans to seek a four-year delay in the start date of the European Union’s contentious carbon tax to provide more breathing space to its exporting industries, multiple people aware of the matter said. Under the EU’s carbon control regime that kicks off in 2026, emissions should be reduced 2.5% in the first year and reduced every year after that, and eliminated by 2034. There are different targets set for every year and the current plan aims to reduce emissions by 48.5% by 2030.

MUMBAI : Hostile investors in Think and Learn Pvt. Ltd, the parent company of Byju’s, are likely to skip participating in the edtech firm’s $200-million rights issue that will conclude on Wednesday at midnight, people familiar with the developments said. Prosus NV, Peak XV Partners, General Atlantic, and Sofina SA had collectively filed a petition with the National Company Law Tribunal last week against the rights issue, seeking reprieve citing oppression and mismanagement of the company.

Pankaj Udhas began with a tribute performance by a band. The hearse, decked with white flowers, was paraded through the streets. Several celebrities arrived at his residence in Mumbai to pay their condolences.

BENGALURU/MUMBAI : Global capability centers (GCCs), which have outpaced IT services companies in talent acquisition both from campuses and the job market, are now grappling with attrition due to rising competition among themselves. The skilled workforce at GCCs, accustomed to serving US and European clients, are prime targets for competing GCCs seeking to onboard personnel without delay, as they enter or expand operations in India. "GCCs, too, are susceptible to attrition risk, in view of rising demand for talent across GCCs, particularly with a growing number of GCCs getting established.

Zeno Health, which runs a chain of generic medicine-focussed pharmacies, has raised $25 million from investors led by Korean private equity firm STIC Investments. Existing investor Lightbox Ventures was a significant participant in the Series C funding round.

Ajit Pawar announced that a new MSME policy is being prepared for the state. "Under the Jal Jeevan Mission, the government intends to give tap water connections to nearly 1.47 crore households. The government plans to provide 34,400 homes for Divyang people under the Housing for All Scheme," he said.

Assembly Speaker Rahul Narwekar on Tuesday ordered an SIT probe over Maratha quota activist Manoj Jarange's statement against state Deputy CM and BJP leader Devendra Fadnavis after BJP MLA Ashish Shelar raised the demand for a probe. As reported by ANI, “Legislative Assembly Speaker Rahul Narwekar has ordered SIT probe over Maratha quota activist Jarange Patil's statement against Deputy CM Devendra Fadanavis after BJP MLA Ashish Shelar raised the demand for a probe." Also Read: Maratha reservation activist Manoj Jarange Patil announces statewide 'Rasta Roko' on 3 March Earlier in the day, BJP leader Praveen Darekar expressed disapproval in the Maharashtra legislative council of Maratha quota activist Manoj Jarange's remarks against Deputy Chief Minister Devendra Fadnavis, attributing blame to senior politician Sharad Pawar.

Mint in an exclusive interview. The company has been conducting trials at select cafes, such as adding new items to the menu, improving food and beverage presentation, and polishing cafe design and infrastructure, Chaayos's finance chief Pranav Dahiya said. It has also begun serving drinks in ceramic cups instead of the usual paper cups at Delhi's Cyber Hub cafe as a part of its premiumisation efforts.

Cost of Living LIVE Updates February 27: The cost of living is the amount of money one needs to survive in a given place – and one's most essential needs such as food, water, housing, taxes, cost of commute, healthcare, etc. The high rate of inflation has pushed up the cost of living across the globe, burning a hole in the common man's pocket.

multibagger superstars of last year are still holding their heads high and giving some of their largecap peers a run for money. Atleast seven smallcap stocks, which have seen a multifold rise in the value in 2023, extended gains further in 2024 and gave over 100% returns in just two months!

ANI reported. The civic official stated that the incident had impacted the water supply in eastern parts of the eastern suburbs and the water supply from Golanji, Fosbery, Raoli, and Bhandarwada reservoirs in the city.

Jaro Education, which offers online courses in association with universities, has appointed bankers for an initial public offering of shares and is expected to file its initial IPO documents next month. Several edtech companies, including Upgrade, Aakash and Teamlease Edtech have announced plans to enter the public market amid a surge in IPO activities. Mumbai-based Jaro Education, which collaborates with institutions including IIMs, IITs and top universities, plans to raise ₹600 crore through the IPO. This will comprise an issue of fresh shares worth ₹330 crore and an offer for sale of shares worth ₹270 crore by its founder and employees who together hold the entire stake.