LiveFairfax India Rules Out Stake Sale in Bengaluru International Airport
Fairfax has yet to sell its stake in Bangalore International Airport Limited (BIAL), owned by Canadian billionaire Prem Watsa in response to media reports of...
Category : BUSINESS
Audio Equipment, Wearable Tech Company boAt Raises $60 Million, Delays IPO Plans
The parent company of audio equipment and wearables brand boAt has raised $60 million from Warburg Pincus affiliates, its existing shareholders, private equity funds and...
IFCI Raises Rs 100 Crore Through Preferential Allotment of Shares to Government
On October 27, long-term infrastructure financier IFCI Ltd on Thursday raised Rs 100 crore through a preferential rights issue to the government. IFCI said in...
Elon Musk Completes Acquisition of Twitter for $44 Billion
On Thursday, Elon Musk completed his $44 billion acquisition of Twitter Inc. It took the first step in firing the social media company’s top leadership,...
Shopify Stock Surges on Earnings, Revenue Beat
On Thursday, Shopify (NYSE:SHOP) shares were up 17 per cent after the company reported third-quarter earnings before the open, topping earnings and revenue expectations. The...
Aegon Sells Its Dutch Operations to ASR in $4.9 Billion Deal
On Thursday, Aegon (NYSE:AEG) NV said smaller competitor ASR Nederland is going to purchase its Dutch insurance operations in a cash and shares deal worth...
Shares of ServiceNow Surge On Solid Q3 Beat
On Thursday, shares of ServiceNow Inc (NYSE:NOW) are up almost 13 per cent in pre-open trading after the software developer delivered a solid beat for...
Toyota Motor Lowers 2022 Output Target to 9.5 Mn Units
Corp informed several suppliers that the company had lowered its global manufacturing target for 2022 to 9.5 million units, according to the media reports. The...
Brazil Airline Gol Narrows Q3 Net Loss On Record Revenue
On Thursday, Brazilian airline Gol reported a narrowed third-quarter net loss on a yearly basis despite the fact that it was heavily hit by currency...
Teladoc Shares Gain 9% On ‘Solid’ Q3 Earnings
Shares of Teladoc (NYSE:TDOC) are trading up 9 per cent in pre-market trading after the company delivered a solid Q3 earnings report. Teladoc delivered a...