LiveOYO Targets to Recover After Covid
Hospitality unicorn Oyo targets its businesses to recover in a slow but steady manner, as demand inches back amid the ongoing pandemic.The company is planning to take...
Category : BUSINESS
Monthly Active Users Increases For Flipkart, PhonePe
Flipkart and PhonePe are seeing a record number of monthly active customers, Walmart said on Tuesday while announcing its September quarter earnings.American retail giant Walmart Inc. said that its Indian...
Odisha Approves Investment Proposals Worth Rs 460 Crore
The Odisha government has approved four investment proposals worth Rs 464.72 crore, an official said. The implementation of the investment proposals will generate employment for more than...
DBS Bank India Rescues Lakshmi Vilas Bank
The Reserve Bank of India (RBI) today placed Lakshmi Vilas Bank (LVB) under a moratorium for one month citing serious deterioration in the bank’s financial position. RBI also announced...
Korean Air to Take Over Asiana Airlines for $1.62 Billion
Korean Air Co Ltd plans to spend $1.62 billion to become the top shareholder of indebted Asiana Airlines Inc, in aviation’s first major consolidation since...
Berkshire Hathaway Invests in Four Large Drugmakers
On Monday, Berkshire Hathaway Inc. said that it has begun betting in pharmaceutical sector by investing in the stocks of four large drugmakers.As of September 30, Warren...
HDFC AMC Appoints Navneet Munot as MD and CEO
HDFC Asset Management Company (AMC), on November 16, appointed Navneet Munot as the Managing Director (MD) & Chief executive officer (CEO).Navneet Munot is currently the...
Nissan Refutes Selling Its 34 Per Cent Share In Mitsubishi
Citing the scandal that its previous leader faced and the adverse effects of the coronavirus pandemic in auto sales, Bloomberg reported that Nissan is looking into selling...
Reliance Retail Unit Buys Furniture E-Trailer Urban Ladder
Reliance Industries Ltd (RIL) has acquired Urban Ladder Home Decor Solutions Private Ltd. for Rs 182.12 crore, to expand its presence in India’s fast-growing e-commerce market.Reliance...
Aditya Birla Sun Life Special Opportunities Fund Collects Rs 409 Cr Fund
Aditya Birla Sun Life Asset Management Company Ltd. has collected Rs 409 crore funds from its new offering Aditya Birla Sun Life Special Opportunities Fund,...