LiveMexico Economy Grows 0.9% in Q3 With Primary Sector Boost
On Friday, the national statistics agency INEGI reported that Mexico’s economy grew 0.9 per cent in Q3 from the previous quarter, boosted mainly by the...
Category : BUSINESS
Tesla Recalls 80,000 Cars in China
Tesla (NASDAQ:TSLA) has placed a recall on 80,000 Chinese-made and imported cars produced as early as 2013 for seat belt and software issues. Reportedly, the...
Adani Enterprises to Raise Rs 20,000 Crore Via FPO
Adani Enterprises is to raise Rs 20,000 crore through a follow-on public offering (FPO). The company announced the news in a regulatory filing on Friday....
SBI BOD to Consider Fundraising on 29 November
On 29 November 2022, the board of directors’ meeting will schedule for the approval raising of infrastructure bonds up to an amount of Rs 10,000...
Govt Wants to Sell 5%-10% of Coal India, Hindustan Zinc, RCF
The Government of India plans to sell 5-10% stakes in Coal India, Hindustan Zinc and Rashtriya Chemicals and Fertilisers (RCF), Bloomberg reported on November 25....
HSBC Mutual Funds Retains Entire Team at L&T MF
Two people with direct knowledge of the matter said that HSBC Mutual Fund would absorb the entire team from L&T Mutual Fund, which it acquired...
Allcargo Logistics Unit to Buy 75% Stake in a German Company for €12 Million
Allcargo Belgium, a subsidiary of Mumbai-based Allcargo Logistics, has entered into a share purchase agreement to acquire a 75% stake in Germany’s Fair Trade GmbH...
Kingfisher Shares Fell After DIY Retailer Trims Annual Income Outlook
British company Kingfisher PLC (LON:KGF) has marginally reduced the range of its predicted annual income due to the impact of additional investments in France, elevated...
Dr. Martens Shares Fall After Forecasting Margin Squeeze, Ongoing Investment Needs
On Thursday, shares in Dr. Martens (LON:DOCS) declined after the UK-based footwear company said its direct sales business was weaker in H1. The company added...
Ford Recalls Nearly 519,000 US SUVs Over Fire Risks
On Thursday, Ford Motor (NYSE:F) Co informed that it is recalling about 519,000 SUVs (sport utility vehicles) in the US over fire risks from possible...