LiveKKR to Invest $400 Million in Serentica Renewable
Global investment firm KKR has signed an agreement to invest $400 million in the decarbonisation platform Serentica Renewable. A statement on Tuesday said the two...
Category : BUSINESS
Ceat Q2 PAT Slips 81% YoY to Rs 8 Crore
On a consolidated basis, the net profit of Ceat slumped 81.3% to Rs 7.83 crore in the second quarter of FY23 as compared with Rs...
AB Capital Q2 Net Profit Rises 30% on Higher Loans
Aditya Birla Capital, the non-banking financial company of the eponymous aluminium-to-telecommunications group, reported a 30% rise in second-quarter net profit on strong loan demand. Net...
Paytm Q2 Revenues Jump 76% YoY
On a consolidated basis, Paytm’s revenue surged 76.2 per cent to Rs 1914 crore in the second quarter of FY23 over the second quarter of...
Chiratae Ventures Growth Fund-I Announces First Close at Rs 759 Crore
Chiratae Ventures, a leading technology-focused early-stage venture capital fund, has closed its first financing, which will be earmarked for growth-stage portfolios. Chiratae Ventures Growth Fund...
Ryanair Reports Record Profit in Summer
On Monday, Ryanair reported its largest-ever after-tax profit for the first half of the fiscal year. Ryanair asserted that it could return to pre-pandemic annual...
Singapore’s GIC Partner to Buy Canada’s REIT Summit for $3.3 Billion
GIC, the sovereign wealth fund of Singapore, and Canadian Dream Industrial REIT (DIR) will buy Canada’s Summit Industrial Income REIT for about USD 3.30 billion...
Travel App Hopper Receives $96 Mn Investment from Capital One
On Monday, Hopper reported receiving a USD 96 million follow-on investment from Capital One Financial Corp (NYSE:COF). The company added that funds would be used...
Kingspan Sales Rise in Q3 Despite ‘Sluggish’ Volumes
On Monday, Ireland-based building materials company Kingspan Group (IR:KSP) reported rising sales in Q3 despite an inflation-linked volume slow. Reportedly, revenue during the quarter grew...
Voltas Invests Rs 1,000 Crore amid Capacity Expansion
Voltas will participate in over Rs 1,000 crore to increase manufacturing capacity with a brand-new plant close to Chennai. Still, managing Director Pradeep Bakshi said...