NEWS
Adani Group in talks to sell stake in Adani Wilmar, expected to focus on infrastructure
06 Nov 2023
In a significant development, the Gautam Adani-led Adani Group is reportedly in advanced discussions to divest its entire 43.97 percent stake in Adani Wilmar Ltd.,
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Elon Musk’s AI startup, xAI, is to be integrated with social media platform X
06 Nov 2023
Artificial intelligence startup xAI, which was founded by Elon Musk, is going to be merged into the famous social media platform X.
ESPN valued at $24 billion, Apple and Verizon among likely buyers
03 Nov 2023
According to BofA Global Research, the Disney-controlled ESPN sports network is currently exploring opportunities to attract investments from various sources
Adani Green Energy initiates negotiations with international financial institutions for a $1.8 billion loan
03 Nov 2023
Adani Green Energy, the renowned renewable energy company owned by industrialist Gautam Adani, is reportedly in advanced discussions with a consortium of international lenders to secure a potential loan of up to $1.8 billion.
Canada's Davie acquires Russian-owned Helsinki Shipyard
03 Nov 2023
Davie said it used a combination of own funds and a €77 million ($110 million) financing from the Québec government for completing the transaction
Goldman Sachs announces promotion of 608 new managing directors, a decrease from 2021 numbers
03 Nov 2023
In a recent development, Goldman Sachs, the renowned Wall Street firm, announced its plan to promote 608 executives to the position of managing director in 2023.
Apple CEO Tim Cook hails India as an extraordinary market with abundant growth potential
03 Nov 2023
In a recent earnings call for the fourth quarter of 2023, Apple's Chief Executive Officer (CEO), Tim Cook, emphasized that India is a "major focus" for the tech giant and expressed his satisfaction with the performance of the two Apple stores opened in the country.
Zurich Insurance set to invest $500 million for majority stake in Kotak General Insurance
02 Nov 2023
Zurich Insurance Company, a major Swiss-based insurer, is set to invest approximately Rs 4,051 crore, or U.S. $500 million, to acquire a controlling stake of 51 percent in Kotak General Insurance.
Disney to acquire Comcast's remaining 33% stake in Hulu for a minimum of $8.6 billion
02 Nov 2023
In an important move to solidify its position in the global streaming service arena, The Walt Disney Company officially initiated the acquisition process of Comcast's one-third stake in Hulu.
LinkedIn hits milestone with 1 billion members and unveils new AI features for subscribers
02 Nov 2023
In a special milestone, LinkedIn, the business-focused social network owned by Microsoft, announced on Wednesday, 1 November, 2023, that it has crossed the one billion-member mark.
Metropolitan LPG cylinder prices surge by Rs 100 for 19-Kg commercial cylinders – stay updated on current rates
01 Nov 2023
Indian state-backed oil marketing companies, or OMCs, have increased the price of their 19-kg commercial liquefied petroleum gas (LPG) cylinders by about Rs 100.
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Carlsberg CEO accuses Russia of corporate espionage of their Russian asset, Baltika
01 Nov 2023
In a decisive move, Carlsberg, the Danish brewing giant, has officially cut all ties with its Russian business, refusing to engage in any dealings with the Russian government that would legitimize the seizure
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