Topics: Business News

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...

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...
- Advertisement -

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...

“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...
- Advertisement -

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...

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...
- Advertisement -

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...

Nestle to invest $2.1 billion to reduce the use of virgin plastics

In an attempt to reduce the use of virgin plastics. The Swiss largest food and beverage company Nestle has announced that “It will invest...
- Advertisement -

Manappuram Finance snaps $300 million in bonds

Manappuram Finance on Monday has announced the approval of the issuance of fixed-rate senior unsecured notes aggregating to $300 million. In a filing at BSE,...

TypingDNA closes $7 million in series A round funding from Gradient Ventures, GapMinder, Techstars Ventures, and others

A New York-based behavioral biometrics company, TypingDNA has raised $7 million in series A round funding from Gradient Ventures, Google AI-focused venture funds, and...

NSE reaches to SEBI, plans to launch its IPO by September

The National Stock Exchange (NSE) has said that “It has approached the markets' regulator SEBI, for the approval to its IPO.” While speaking with the...

Japan could still press Lebanon to extradite Nissan ex-boss Carlos Ghosn: Justice Minister Masako Mori

Japan on Monday said it could still press Lebanon to extradite Carlos Ghosn, after the former Nissan Motor boss skipped bail to become a...

Ashok Leyland records 28 percent decline in December sales

India's largest auto-manufacturing giant Ashok Leyland has reported a decline of 28 percent in its total commercial vehicle sales in December. In a filing at...
- Advertisement -

Saudi Arabia may shave light crude prices to Aisa in February

Saudi Arabia, the world's biggest oil exporter, may cut the prices of its light crude grades sold to Asia in February on signs of...

SoftBank's $3 billion WeWork rescue plan, in talk with Japan's three largest banks

SoftBank Group Corp's talks to secure $3 billion from Japan's three biggest banks have stalled as the lenders have hit internal lending limits to...

"Hopes it can make a trade agreement with US as soon as possible," says China

China said on Monday that it hoped to make a trade deal with the United States as soon as possible, amid intense discussions before...

Kumar Mangalam Birla: Vodafone-Idea may opt for insolvency in absence of government relief

Kumar Mangalam Birla, the Chairman of Aditya Birla Group on Friday, said that "Vodafone Idea will shut the shop and opt for insolvency if...

Dhruva Space secures Rs 5 crores in collective funding from Mumbai Angels, Ravikanth Reddy, and others

A Hyderabad-based end to end solution provider for building small satellites, Dhurva Space has secured Rs 5 crores in a collective angel round funding...
- Advertisement -

Trending