LiveBharatPe Posts Rs 5,610 Crore Loss in FY22 After CCPS Fair Value Change
Fintech platform BharatPe has suffered a massive loss of Rs 5,610.7 crore in FY2021-22 due to a one-time non-cash charge related to changes in the...
Category : BUSINESS
Vi Board Seeks Bond Issue on January 31
Vodafone Idea (Vi) will seek fresh approval from its shareholders on January 31 over its proposal to pay equipment supplier ATC Telecom Infrastructure Rs 1,600...
Hyundai Motor Reveals $8.5 Billion Costs Plan Amid EV Drive
Hyundai Motor will capitalise 10.5 trillion earned, i.e. $8.5 billion throughout 2023, conferring to an exchange filing, as it transfers to captivate more of its...
Chevron Buy Back $75 Billion in Stock Post Record Profit
Chevron Corp decided to buy back $75 billion of shares and upsurge dividend disbursements after a year of maximum profits that induced mad accusations from...
IHC, ADIA Among Bidders in Adani’s $2.5 Billion Share Sale
Middle Eastern investors, including International Holding Co PJSC and Abu Dhabi Investment Authority, are bidding for a follow-on share sale worth $2.5 billion in Gautam...
Easy Trip Planners Ltd to Acquire 55% Stake in Glegoo Innovations
On Wednesday, online travel service provider Easy Trip Planners Ltd said it would acquire a 55% stake in online travel firm Glegoo Innovations Pvt Ltd...
Blackstone in Talks with Bain to Sell $480 Million Stake in Top Indian REIT
Blackstone is talking about selling about half of its stake in Embassy Office Parks, India’s largest real estate investment trust, to private equity firm Bain...
Nykaa Appoints P Ganesh as CFO
P Ganesh will step into his role at the company on February 3, 2023. Nykaa’s parent company, FSN E-Commerce Ventures, announced on Monday (January 23,...
India Enters Green Bond Market with First $1 Billion auction
India’s first sovereign green bond is due to be auctioned on Wednesday, with policymakers laying the groundwork to secure the debut. Authorities have pitched the...
RBI Asks SBM Bank to Halt Transactions Under Remittance Scheme
On Monday, the Reserve Bank of India (RBI) directed SBM Bank’s Indian subsidiary to immediately halt all transactions under the Freedom to Send Money scheme....