LiveSpirit Airlines Shareholders Vote in Favour of $3.8 Bn JetBlue Merger
On Wednesday, shareholders of US carrier Spirit Airlines (NYSE:SAVE) Inc voted in favour of JetBlue Airways (NASDAQ:JBLU) Corp’s USD 3.8 billion takeover offer, moving the...
Category : BUSINESS
Insurer Travelers Profit Falls on Hurricane Costs, Lower Investment Returns
On Wednesday, Travelers Companies Inc, the property and casualty insurer, reported a 20 per cent decline in quarterly profit, hurt by hurricane-related claims and lower...
Procter & Gamble (P&G) Beats Sales Estimates on Price Hikes
On Wednesday, Procter & Gamble Co beat quarterly sales and profit estimates, supported by price hikes on everything from Tide detergent to Head & Shoulders...
Just Eat Takeaway Reports Positive Q3 Profit, Sending Shares Higher
On Wednesday, Amsterdam-listed shares in Just Eat Takeaway (AS: TKWY) surged in mid-morning European trading. This happened after the food delivery company announced its reported...
Amazon Launches Home Insurance Product in UK
E-commerce giant Amazon Inc is launching a home insurance portal in Britain and has inked up three big-name insurers as it pushes further into financial...
IDFC First Bank Allots Equity Shares Under ESOS
The total number of equity shares allotted by IDFC First Bank is 9,65,150 as per the face value of Rs 10 for each fully paid-up....
ITC Invests in Baby Care Brand Mother Sparsh, on Track to Raise Rs 100 Crore
The multinational company ITC Ltd has invested another Rs 13.5 crore in D2C baby care brand Mother Sparsh, which is in advanced discussions with other...
Nestlé Launches Direct-to-Consumer Platform MyNestlé
FMCG and packaged food giant Nestlé India has joined the direct-to-consumer (D2C) bandwagon with the launch of its e-commerce platform MyNestlé, where consumers can buy...
Porsche India Sales Rises to 37%, Registers Sales 193 Units in First Half of 2022
On Wednesday, Luxury car maker Porsche India reported about a 37% rise in its sales to 193 units for the third quarter of the year....
Adani Defence to Acquire Air Works for Rs 400 Cr
Adani Defence Systems & Technologies has signed a definitive agreement to acquire Air Works, the largest aerospace maintenance, repair and overhaul (MRO) company in the...