Uber to Buy Alcohol Delivery Startup Drizly
Uber Technologies Inc. agreed to acquire Drizly Inc., which makes an on-demand alcohol delivery app, for $1.1 billion, beating out at least two rival companies...
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State-Run Oil Companies’ Capex to go Up by 6.5% in FY22
Capital spending at Oil and Natural Gas Corp is targeted to drop 8 per cent in 2021-22 from the current year while it’s set to...
GameStop Shares Drop 60% as Frenzied Rally Loses Steam
GameStop shares plunged 60 per cent Tuesday in a further reversal of the recent blockbuster gains that grabbed people’s attention far beyond Wall Street. The video...
B2B Firm Zetwerk Raises Rs 880 Crores to Scale Global Ops
Business-to-business (B2B) manufacturing platform Zetwerk has raised $120 million ( ₹880 crores) in a Series D round led by US-based Greenoaks Capital and Lightspeed Venture...
Alibaba Plans $5 Bn US-Dollar Bond Issuance
Chinese e-commerce giant Alibaba Group Holding Ltd plans to raise up to $5 billion through the sale of a U.S. dollar-denominated bond, according to a marketing term...
Apple to Invest $3.6 Billion in Kia to Make EVs
Kia Motors Corp. jumped as much as 14.5% after a local media report that Apple Inc. will invest 4 trillion won ($3.6 billion) as part of a...
Yes Bank Share Falls After Two Days
Yes Bank Ltd share fell marginally in Tuesday’s trade. Yes Bank stock opened at Rs 16.50, and touched a day’s high of Rs 16.70, rising 2...
SpaceX to Fly Private Citizens on Spaceflight for Charity
Elon Musk’s SpaceX announced on Monday that it would fly a crew of private citizens into orbit around Earth, by the end of the year in...
PM Modi to Inaugurate Chauri Chaura Centenary Celebrations Feb 4
Prime Minister Narendra Modi will inaugurate the ‘Chauri Chaura’ centenary celebrations at Chauri Chaura in Uttar Pradesh on February 4 via video conferencing. The day marks...
Dhanuka Agrictech Q3 Profit Up 45% at Rs 40.04 Crore
Agro-chemical firm Dhanuka Agritech Ltd on Tuesday reported a 45 percent increase in its consolidated net profit at Rs 40.04 crore for the quarter ended December. Its...