spot_img

Topics: Business News

Oppo appoints Elvis Zhou as the new president of its India business

Chinese smartphone maker Oppo Mobiles on Thursday announced the appointment of Elvis Zhou as president of its India business. Zhou, who was working as a...

Power Finance Corporation records 12 percent decline in December quarter profit

The state-run Power Finance Corporation (PFC) has recorded a sharp decline of 12% in its consolidated net profit at Rs 3,386.72 crore in the...

Hexaware Technologies shares down on poor profit returns in Q4

Mumbai-based IT consulting and digital service provider Hexaware Technologies on Wednesday reported a 5 percent decline in its share price on the stock exchange. The...

Maveric Systems appoints Ramesh Vasamsetti as Director of Quality Engineering Business

Chennai-based global banking technology solution provider Maveric Systems on Monday announced that "it has appointed Vasametti as its new director of Quality Engineering (QE)...

UniCredit confirms its plan to cut 6,000 jobs in Italy as union negotiations begin

UniCredit confirmed plans to cut a total of 6,000 jobs in Italy over the next four years as the country's biggest bank began the...
- Advertisement -

Kalpataru Power profit jumps by 16.66 percent to Rs 133 crore in Quarter 3

Kalpataru Power Transmission LTD (KPTL) has reported a 16.66 percent jump in the consolidated profit for the December quarter ending in 2019. In a filing...

India to approve $2.6 billion US naval helicopter deal ahead of President Trump visit

India is set to give final approval to a $2.6 billion deal for military helicopters from US defence firm Lockheed Martin ahead of a...

Oberoi Realty’s Q3 profit increases by 7 percent

India's largest construction company Oberoi Realty on Friday reported a 7 percent increase in consolidated net profit for Quarter 3. In a filing with the...

Offline-to-Online fintech startup ‘Dot’ swipes $8 Mn in seed funding from PayU & others

Gurugram based online-to-offline (O2o) commerce and fintech startup Dot has raised $8 million in series seed round funding from Prous and Fosun RZ Capital. The...

Wall Street dips record high after U.S. employment report

Wall Street slipped from record highs at the open on Friday as investors assessed the U.S. employment report for January that showed acceleration in...
- Advertisement -

A deep-dive into the Union Budget 2020 announcements

The Union Budget for FY21 is a progressive initiative and is an “investment in medium to long term economic development” and should be viewed...

Thomas Gottstein to replace Tidjane Thiam as Credit Suisse new boss

Credit Suisse Chief Executive Tidjane Thiam has quit after a power struggle at Switzerland's second-biggest bank, which faces investor pressure over a spying scandal...

Manappuram Finance plans for Rs 1,150 crore funding through debentures

India's leading Financier Manappuram Finance has announced its plan to raise Rs 1,150 crore through issuance of debentures. In a regulatory filing with the stock...

Reports: Goldman Sachs to raise $8 bn in its second buyout fund

Goldman Sachs Group Inc plans to raise $8 billion in only its second buyout fund since the 2008 financial crisis, bolstering its ability to...

Global green bond issuance to be at $300-$375 billion this year

Global green bond issuance is expected to be between $300-$375 billion this year, after a record year last year, according to research from two...
- Advertisement -

India may issue $5 billion bonds with no foreign investment cap limit

India is likely to issue at least $5 billion worth of bonds with no limits on foreign investment next year, in a bid to...

Exide Industiries reports 16.76 percent decline in Q3

Battery maker giant Exide Industries on Tuesday reported a 16.76 percent decline in consolidated profit at Rs 118.15 crore in third-quarter end of December...

Logistics startup Fleetx secures $2.8 million in series A round funding

Gurugram-based logistics startup Fleetx has announced that it has secured $2.8 million in series A round funding from Singapore based Venture capital firm Beenxt...

AirAsia boss Tony Fernandes, and Chairman Kamarudin Meranun to step down on bribery charges

AirAsia Group CEO Tony Fernandes and Chairman Kamarudin Meranun will step aside for at least two months while the airline and authorities investigate allegations...

Nikhil Arora of GoDaddy India says, “This budget is a reflection of government's commitment toward delivering inclusive growth"

Speaking on the union budget 2020, that was presented in the parliament by Finance Minister Nirmala Sitharaman on Saturday. Nikhil Arora, Vice President and Managing...
- Advertisement -

“Allowing NBFCs to finance invoices of MSMEs through TReDs will give clear access to the fund,” Says CMA B Mallikarjun Gupta

Speaking on the budget, tabled by Finance Minister Nirmala Sitharaman on Saturday, CMA B Mallikarjun Gupta, Chief Taxologist at Logo Infosoft said that “Fake...

Coronavirus Outbreak: Over $420 billion wipes out from China's stock market

Investors erased $420 billion from China's benchmark stock index on January 3, sold the yuan and dumped commodities as fears about the spreading novel...

Coronavirus Outbreak: Tesla to shut down Shanghai factory after China order

Amind of the recent outbreak of novel coronavirus in the country, The Chinese government has ordered the American electric automaker, Tesla, to shut down...

Warren Buffett is selling his newspaper business

OMAHA: Billionaire Warren Buffett is giving up on the newspaper business. He's selling all of Berkshire Hathaway's publications to Lee Enterprises for $140 million, including...

Flipkart Co-founder Sachin Bansal resigns from Ujjivan Small Finance Bank board

Citing to the conflict of interest, Flipkart ex-CEO and Co-founder Sachin Bansal has announced that, “It has resigned as an independent director of Ujjivan...
- Advertisement -

Japan worries about economy risk from Wuhan virus outbreak

Japanese Economy Minister Yasutoshi Nishimura on Tuesday warned that corporate profits and factory production might take a hit from the coronavirus outbreak in China...

Shriram City Union Finance to raise $1 billion in dollar bond sale through GMTN programme

Chennai-based non-banking financial institution, Shriram City Union Finance Ltd is planning to raise $1 billion in bond sale through Global medium-term notes (GMTN) programme. In...

Snack startup Samosa Singh bags $2.7 mn in A round funding from She Capital, Fireside Ventures and others

In participation with Equanimity Investments, and AL Trust. The Bengaluru -based snack startup Samosa Singh has advanced $2.7 million in series A round funding...

JSW Steel to raise Rs 1,000 crore through Non-convertible debentures

India's largest steel company, JSW Steel on Thursday said that “It will be raising nearly to $1000 crore through issuance of non-convertible debentures.” In a...

Glenmark Pharma to sell its India and Nepal business for Rs 115 crore

Mumbai based pharma company, Glenmark Pharma has announced that, “The board has decided to sell its Gynaecology business in India and Nepal for Rs...
- Advertisement -
spot_img

Trending

THE SNAPSHOTS

Sign up to get quick snaps of everyday happening, directly in your inbox.

We don’t spam! Read our privacy policy for more info.