LiveIndia Inc’s Overseas Direct Investment Drops 59% at $1.03 Billion, Says RBI
Annually, India Inc’s Investment in its overseas ventures dropped by 59% to $1.03 billion in August 2022, the Reserve Bank of India data showed on...
Category : BUSINESS
Mobikwik Appoints Mukul Saxena as CEO of Its Financial Services Platform Zaakpay
MobiKwik, a unicorn fintech company backed by Sequoia Capital, said on Friday that Mukul Saxena, a former employee of the IndusInd Bank, has been named...
Akasa Air occupied 53% of Seats in August, Accounting for 0.2% Market Share
In August 2022, the Domestic Air Traffic grew slightly by 3% to one crore passengers in contradiction to 97 lakh domestic passengers boarded planes in...
SBI and Union Bank of India Set to Raise Rs 5,500 Crore
State Bank of India (NSE -1.81%) (SBI) and Union Bank of India will raise a total of about Rs 5,500 crore in 15-year bonds locally,...
Adani Group to Invest Rs 20,000 Crore in Ambuja Cement
Through Endeavour Trade and Investment Ltd, the Adani group has successfully completed the acquisition of Ambuja Cements Ltd and ACC Ltd, which involved the acquisition...
Delta Air Lines Prepares its Refinery to Handle Biofuels
Delta Air Lines Inc (NYSE:DAL) intends to begin accepting shipments of renewable fuel feedstocks at its Trainer, Pennsylvania, refinery as part of a strategy that...
US House Panel Seeks Briefing on FAA Blue Origin Probe
On Thursday, the chair of a subcommittee handling space issues and a Republican asked the Federal Aviation Administration (FAA) for a briefing on the inquiry...
Space Company Intuitive Machines to Go Public via SPAC at $1 Billion Valuation
On Friday, the space company Intuitive Machines announced it would go public via a SPAC (Special purpose acquisition companies), in a deal that values the...
Shopify Introduces New Compensation System to Attract Talent
On Friday, Shopify (NYSE:SHOP) Inc said it had introduced a new compensation scheme allowing the staff greater flexibility in restructuring their awards between equity and...
Renault and Stellantis Halt Spanish Assembly Lines as Chip Shortage Continues
On Friday, carmakers Renault and Stellantis said that they would partly halt their Spanish plants in the coming weeks as the lack of microchips persists....