KKR-led $13 Billion Buyout of Australia’s Ramsay Health Crumples
A KKR & Co (NYSE:KKR) Inc-led group, has withdrawn a A$20 billion (USD 13 billion) bid for Australian hospital operator Ramsay Health Care after talks...
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BMW Cuts Germany Gas Intake by 15%, Expects Slight Growth in 2023
On Monday, BMW said that it expects to reach the higher end of its 7-9 per cent margin target for the cars business and sees...
Faraday Future Reaches Agreement with FF Top, Chairperson to Step Down
On Monday, Faraday Future Intelligent Electric Inc reported that it had reached an agreement with its largest shareholder to resolve a governance dispute. It further...
BYD & Castrosua Collaborate to Build Electric Buses in Spain
On Monday, BYD, the electric vehicle manufacturer, signed a framework agreement with Castrosua, a bus and coach assembly specialist. The agreement establishes a cooperative partnership...
Sterling Options Volatility Surges to Highest Since Brexit Vote
On Monday, Sterling volatility surged to its highest since the fallout from the Brexit referendum in mid-2016. This happened after the British government’s fiscal plan...
UK Housing Index at 11-Year Low on Fears of Rate Hike
On Monday, Britain’s homebuilders index hit a more than 11-year low on apprehensions that a weaker pound could lead to more rate hikes by the...
PVR to Invest Rs 350 Crore in 100 New Screens
PVR Cinemas, the film exhibition company, will likely invest up to Rs 350 crore to open 100 new screens in FY23. PVR also expects its...
Zomato Slips Over 8% in Three Days
On Monday, Zomato tumbled 4.61 per cent to Rs 57.95, extending losses for the three consecutive trading sessions. The share of Zomato lost 8.67 per...
Bears Drag Nifty from 18,000 to 17,000 in Just 8 Sessions
Hit hard by the unfavourable macro environment, the domestic stock index Nifty fell below the 17,000-point mark for the first time since July 28 on...
India’s Forex Reserves Fall For Seventh Week: RBI
The Foreign exchange reserves were down for a seventh continuous week, dropping to $545.652 billion on September 16, the Reserve Bank of India (RBI) said....