LiveMeesho Joins Govt’s Open Network for Digital Commerce
E-commerce platform Meesho said on Wednesday it has integrated with the government’s Open Network for Digital Commerce (ONDC) to help connect buyers with hyperlocal sellers....
Category : BUSINESS
Transition VC Launches Rs 400 Crore Fund
Energy transition-focused venture capitalist Transition VC has launched its first fund with a target fund size of Rs 400 crore. The firm will make seed...
Halfords H1 Profit Drops 50%, Warns of Softening Sales
On Wednesday, Halfords (LON:HFD) warned that its full-year underlying profit would be at the lower end of its forecasts since the economic slowdown and elevated...
Adani Enterprise Says FPO Raises to $2.4 Billion
Adani Enterprises Ltd, the flagship company of Asia’s richest man, is considering a new share offering of at least $1.8 billion, according to people familiar...
Alliance 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...
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...