LiveRBI Clarifies Terms of HDFC-HDFC Bank Merger
On Friday, HDFC Bank told the exchanges that it had obtained clarifications from the Reserve Bank of India on its merger with HDFC. The explanations...
Category : BUSINESS
WayCool Launches BrandsNext Subsidiary to Boost FMCG Business
Lightrock-backed agritech platform WayCool said on April 21 that it had created a wholly-owned subsidiary for its FMCG business BrandsNext to focus on the segment...
Bank of Baroda Board Approves Funraisal of Up to $4 Billion via Bond and Certificate of Deposits
The Bank of Baroda said in its most recent exchange statement that the bank board has examined and sanctioned a $1 billion foreign currency fundraising...
Air India Takes Green Steps to Minimise Use of Single-Use Plastic Across its Network
Air India on Friday announced an 80% reduction in the use of single-use plastics on all flights across its global network. In addition to introducing...
ITC Beats HDFC to Become 7th Largest Firm by M-cap, Share Soars
ITC has beaten HDFC to become the seventh largest company by market capitalisation. This was revealed a day after the firm entered the list of...
Musk Lost $13 Billion on 4/20, Owed to Tesla’s Disappointing Result, Starship Explosion and Twitter Blue Tick Removal
Elon Musk is anarchy incarnate, but not always cleverly and brilliantly. Elon Musk’s fortune plummeted in a volatile 24-hour period, including Tesla’s disappointing quarterly results,...
Hinduja Housing Finance to Raise Rs 800 Crore Through Capital Bonds and Debentures
Hinduja Housing Finance Ltd (HHFL), a mortgage lender with an asset book of about Rs 6,800 crore, will raise about Rs 300 crore in secondary...
Netflix to Crackdown on Password Sharing, Wall Street Has High Hopes
Netflix will roll out its paid password-sharing options across the US over the next two months. Wall Street investors are excited and cheering on the...
Zee Begins Settlement Talks with Creditors Over Sony Merger
Zee Entertainment Enterprises Ltd has started settlement talks with its creditors to pay down debt and clear the final hurdle to complete a merger with...
Air India Pilots’ Unions Reject New Pay Terms, Warn of Potential Industry “Unrest”
The Indian Commercial Pilots Association (ICPA) and the Indian Pilots Guild (IPG) have advised their members to reject the amended terms and conditions proposed by...