LiveZoom Video CEO Gets $4.2 Billion Richer After Stock Rallies 26% on Results
In the late US trading, shares of the virtual-meeting company, Zoom Video Communications Inc. surged about 26 per cent to $410 after the company reported rapid growth...
Category : BUSINESS
Brookfield, GIC Makes Rs 25K Cr Purchase of Reliance Jio’s Telecom Tower Assets
GIC, along with a bunch of investors including Brookfield, purchased a unit of Reliance Industries for $3.4 billion or Rs 25,000 crore, as announced on Tuesday. There was...
L&T Sells Electrical and Automation Business for Rs 14,000 Cr
Larsen & Toubro (L&T) has announced the closure of its electrical and automation business (L&T E&A) to Schneider Electric, for a cash consideration of Rs 14,000...
RIL Gains 3% on Buying Future Group Stake for Rs 24,713 Crore
Reliance Industries Ltd. (RIL) soared 2.7 per cent after the announcement that its subsidiary Reliance Retail Ventures will acquire Future Group including its retail and wholesale,...
CG Power Hits Upper Circuit of 5%, as Lenders Approved Tube Investments
CG Power and Industrial Solutions Limited (CG) hits an upper circuit of 5 per cent at Rs 22.68 after the lenders of the company had approved...
Mauritius Based PE Firm Invests Rs 250 Crore in Shriji Polymers
The private equity firm Creador, managing assets worth $1.5 billion, has invested Rs 250 crore in Indian pharmaceutical packaging firm Shriji Polymers (India) Ltd. Shriji’s...
Gold Prices Jump, Overall Still Down Rs 5000 in This Month’s High
On Friday witnessed a sharp rise in both gold and silver prices domestically, in tandem with a rally in international rates. MCX revealed that October...
Milkbasket Plans to Advance its IPO Launching in the Next Year
Milkbasket has advanced its plan for launching an Initial Public Offerings (IPOs) by the second half of the coming next year. During the Covid-19 pandemic, grocery delivery...
Yes Bank Rises 5% After Rating Upgrade
Shares of Yes Bank rose 4.7 per cent after CRISIL upgraded its rating on the lender’s certificates of deposit (CDs) to A2+. The shares of Yes Bank traded at...
Maruti Suzuki Partners Myles Automotive for Expansion of Subscription Service
Maruti Suzuki India has announced a partnership with Myles Automotive Technologies to expand its vehicle subscription service for individual customers under ‘Maruti Suzuki Subscribe’ brand in...