LiveKKR-led $13 Billion Buyout of Australia’s Ramsay Health Crumples
A KKR & Co (NYSE:KKR) Inc-led group, has withdrawn a A$20 billion (USD 13 billion) bid for Australian hospital operator Ramsay Health Care after talks...
Category : BUSINESS
BMW Cuts Germany Gas Intake by 15%, Expects Slight Growth in 2023
On Monday, BMW said that it expects to reach the higher end of its 7-9 per cent margin target for the cars business and sees...
Faraday Future Reaches Agreement with FF Top, Chairperson to Step Down
On Monday, Faraday Future Intelligent Electric Inc reported that it had reached an agreement with its largest shareholder to resolve a governance dispute. It further...
BYD & Castrosua Collaborate to Build Electric Buses in Spain
On Monday, BYD, the electric vehicle manufacturer, signed a framework agreement with Castrosua, a bus and coach assembly specialist. The agreement establishes a cooperative partnership...
PVR to Invest Rs 350 Crore in 100 New Screens
PVR Cinemas, the film exhibition company, will likely invest up to Rs 350 crore to open 100 new screens in FY23. PVR also expects its...
India’s Forex Reserves Fall For Seventh Week: RBI
The Foreign exchange reserves were down for a seventh continuous week, dropping to $545.652 billion on September 16, the Reserve Bank of India (RBI) said....
Healthtech Start-up Butterfly Learnings Raises $1.5 Million in Seed Funding
Butterfly Learnings, the pediatric development and behavioural health platform, has raised USD 1.5 million in seed round funding from 9Unicorns, Venture Catalysts, Insitor Partners, Fondation...
HAL Establish Rs 208 Crore Rocket Engine Manufacturing Facility for ISRO
The Hindustan Aeronautics Limited (HAL) has established an Integrated Cryogenic Engine Manufacturing Facility (ICMF) that would cater to the entire rocket engine manufacturing for the...
Aldi UK’s Trading Speed-up as Shoppers Seek Savings
Aldi, the British arm of the German discounter, reported a 79 per cent decline in 2021 operating profit. However, the company has reported that trading...
Laxmi Organic Resumes Operations at Raigad Plant
Laxmi Organic Industries informed about the temporary suspension of production for twenty-one days at its Raigad Plant. From 21 August to 10 September, the company...