LiveGIC, ESR to Set Up $600 Million Fund to Invest in Industrial, Logistics Assets in India
Singapore’s sovereign wealth fund GIC has formed a joint venture with ESR Group Ltd to set up a $600 million fund to acquire logistics and...
Category : BUSINESS
M&M Financial Services Flows 9% on Healthy Business Growth in Q2FY23
In Thursday’s intra-day trade, the shares of Mahindra & Mahindra Financial Services surged 9% to Rs 211.40 on the Bombay Stock Exchange just after the...
PNB Transfer Bad Loans Rs 20,008 Crore to NARCL
On Wednesday, Punjab National Bank (PNB) recognised bad loans value of Rs 20,008 crore from 62 accounts. It is to be transferred to the Government-backed...
Paramount Misses Revenue Estimates On Ad Weakness
On Wednesday, Paramount Global fell short of analysts’ estimates for quarterly revenue as the company struggled with the absence of major content releases and an...
German Exports Register Unexpected Plunge in September
On Wednesday, Federal Statistical Office data showed that German exports registered an unexpected plunge in September, decreasing by 0.5 per cent in the month. The...
Nomura Holdings Posts Modest Quarterly Profit Amid Financial Market Downturn
On Wednesday, Nomura Holdings (NYSE:NMR) Inc, Japan’s top brokerage and investment bank, reported a modest profit level for Q2 as worries of a worldwide recession...
French Catering Group Sodexo Targets Operating Margin Above 6% in 2025
On Wednesday, French catering and food services group Sodexo (EPA: EXHO) forecasted organic revenue growth of between 6 per cent and 8 per cent for...
JSW Group Plans to Invest Rs 1 Lakh Crore in Karnataka
JSW Group chairman Sajjan Jindal said on Wednesday that the group plans to invest Rs 1 lakh crore in Karnataka over the next five years....
Venture Capital of Tiger Global Gets Loan from Apollo Global
Apollo Global Management Inc is helping fund the growing venture capital business of Chase Coleman’s Tiger Global Management, one of the most active investors in...
Uber Shares Soar on Solid Profit Forecast as Rideshare Recovery Fights Inflation
Uber Technologies Inc rose 13% on Tuesday after the company forecasted fourth-quarter operating profit above Wall Street expectations, betting on cost control and increased ride...