LiveAlliance Bernstein and SocGen to Launch Global Equities Venture
France’s third-biggest listed bank Societe Generale and US investment management company Alliance Bernstein said they would form a joint venture (JV) concentrating on global cash...
Category : BUSINESS
Severn Trent Half Yearly Profit Rises Despite Higher Expenses
On Tuesday, Severn Trent PLC (LON:SVT) reported a rise in first-half group income, as a rise in top-line growth was partially offset by elevated input...
Enel Hits 4-Month High On Streamlining Plans
On Tuesday, Enel (BIT:ENEI) shares climbed 1.5 per cent in morning trading in Europe after the company said it will sell some €21 billion of...
Prosus Stock Fall After Investment Group Warns of Earnings Decline
On Tuesday, Amsterdam-listed shares in Prosus (AS:PRX) moved lower after the Dutch e-commerce investment company warned that income would decline in a significant manner in...
Glenmark Pharma Signs Settlement Agreement with Pfizer Over Cancer Drug
On Tuesday, Glenmark Pharmaceuticals said it had reached a settlement with Pfizer over a cancer treatment drug.The Mumbai-based drugmaker and its US subsidiary signed a...
Bira 91 Raises $70 Million from Japanese Beer Company Kirin Holdings
On Tuesday, Premium beer company Bira 91 announced that it had raised a $70 million Series D round led by leading Japanese beer company Kirin...
HDFC, IOC, Four Others to Issue Bonds Tomorrow to Raise Rs 9,200 Crore
Money market traders said about half a dozen companies planned to raise Rs 9,200 crore in corporate bonds on November 23. The six companies include...
Mahindra Finance Allots NCDs Worth Rs 582 Crore
Mahindra & Mahindra Financial Services has announced the allotment of rated, secured, listed, redeemable NCDs aggregating to Rs 582 crore through private placement after the...
Five Star Financial Expects Rs 7,000 Cr Assets Under Management by the end of FY23
Thirty-eight years after its inception, Five Star Financial was listed on the stock exchange on Monday, November 21, albeit at a 5% discount to its...
World Stocks Fall on Chinese COVID Outbreaks
On Monday, world stocks and oil prices plunged as fresh COVID-19 restrictions in China deepened worries about the global economic outlook. The safe-haven dollar rallied,...