LiveTencent Acquires Turtle Rock Studios
Tencent has announced the acquisition of Turtle Rock Studios. The group is known for zombie shooter games like the Left 4 Dead series and Back...
Category : BUSINESS
Global M&A Activity Hits All-Time $5 Trillion
Global merger and acquisition (M&A) activity smashed records in 2021. The value of M&A boosted to $5 trillion for the first time, with volumes increasing...
Axis Bank Plans to Raise Upto Rs 5,000 Cr By Issuing Bonds
On Monday, Axis Bank has announced that it will raise up to Rs 5,000 crore by issuing bonds. In April this, the board of directors...
CARS24 Raised $400 Million in New Funding Round
On Monday, CARS24 said that it had raised $400 million in a funding round that saw the participation of asset manager Alpha Wave Global, valuing...
Cipla Gains 3% on USFDA’s Final Approval for Lanreotide Injection
Cipla Ltd’s shares have gained 3 per cent to Rs 887.85 on the BSE in Monday’s intra-day trade after the company received the United States...
FCA Fines $85 Million HSBC for Anti-Money Laundering Failings
The United Kingdom’s financial regulator said it had fined HSBC $85.2 million for failing its anti-money laundering procedures. The Financial Conduct Authority (FCA) said that...
Airtel Pre-Pays Rs 15,519 Crore to DoT to Clear All Deferred Liabilities
On Friday, Bharti Airtel said they paid Rs 15,519 crore to the Department of Telecom towards pre-payment of the total deferred liabilities about spectrum acquired...
Rising Input Costs to Hit Cement Companies’ Margins by 200-230 bps: ICRA
A rise in input costs for cement manufacturers is expected to hit the sector’s overall operating margins by 200-230 basis points in FY22, rating agency...
Ola Raises $ 500 Million Term Loan
Ola said it has successfully raised $500 million via a Term Loan B (TLB) from marquee international institutional investors. This term loan has no impact...
ShareChat Raises $266 Mn for Valuation of $3.7 Bn
On Thursday, ShareChat said it had raised $266 million in fresh funding from US-based Alkeon Capital and some existing investors, pushing its valuation to $3.7...