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Food delivery aggregator Swiggy is testing a potential doubling of its platform fee from ₹5 to ₹10 per food order as it prepares for its upcoming IPO.

The beleaguered Indian education provider is asking more than $100 million from existing investors through a fresh issuance of shares slated for next month, at a price that values the firm at less than $2 billion, people familiar with the matter said. That’s down from $22 billion at its previous round in late 2022.

KUCHING: The valuation procedures for assessment rates will be standardised across all local authorities in Sarawak using a newly-updated manual, says the state's Deputy Public Health, Housing and Local Government Minister.

Valuation and earnings growth are attractive prospects but the overall outlook depends on whether there’s a recession

In a decisive move, Macy’s has rebuffed the $5.8 billion proposal from Arkhouse Management and Brigade Capital Management to take the retail giant private. The bid, which aimed to acquire the shares Macy’s doesn’t already own at $21 per share, was rejected on Sunday.

Berkshire's cash allocation hasn’t been constant, but has fluctuated in a narrow range.

Inside the Market’s roundup of some of today’s key analyst actions

India News: Discover the real problem with Byju's bubble and the implications for investors. Learn about BlackRock's valuation, corporate governance issues, and the impact on education startups. Find out why venture-backed education startups may be a scam and how technology can provide a better solution.

Operating profit of consumer businesses which include retail and telecom rose 30% and 11.3% YoY, respectively. In addition, higher volumes from the KG-D6 basin further negated the impact of weak earnings in the Oil to Chemicals (O2C) business.

Step Back in Time features news items from The Daily Star 25 and 50 years ago.