Thursday, April 25, 2024
IDFC First Bank announced Sunday it is set to make an equity investment of ₹250 crore in Yes Bank to acquire 25 crore equity shares. According to reports, the move comes as an effort for IDFC to join other...
Global oil giant Saudi Aramco is set to invest $15 billion in Reliance Industries’ oil-to-chemical business. According to a report from Plastics News, the world’s biggest oil producer will acquire a 20 per cent stake in Reliance Industries’ O2C division...
WarnerMedia will be coming up with a new streaming service, including HBO, Cinemax and its vast library of Warner Bros. According to Market Watch, the company will charge about $16 to $17 per month and will be fully working on...
Paris-based startup LumApps announced Tuesday it has secured a $70M funding commitment from multiple investors in its Series C funding. The round, which brought the company’s total raised to $100M, was led by Goldman Sachs Growth, with participation from...
Containous, the tech startup behind the modern HTTP reverse proxy and load balancer Traefik, announced Monday, it has secured $10 million in its Series A funding round led by Balderton Capital, with participation from existing investors Elaia and 360...
American investment giant Vanguard is set to enter the UK investment advice industry after receiving regulatory permission from The Financial Conduct Authority to provide retail investment guidance to UK investors. According to the firm, the permission opens “natural next...
Wall Street’s biggest investment portfolio Goldman Sachs Group Inc. recently disclosed a $900 million hit due to the ongoing flu pandemic. The company saw major fallout in profits for the first quarter of 2020, with a 46 percent decline...
The Philippines’ Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) is encouraging international players including those in the Middle East to invest in its industries. In an interview with Arab News, interim chief minister of BARMM Murad Ibrahim said that investments...
Abu Dhabi state fund Mubadala Investment buys 1.85 percent stake of Jio Platforms in the move to drive global growth in information and communications technology. The reliance industry firm Jio Platforms leads Indian telecommunications with over 388 million subscribers. The...
In an interview with a strategist at TD Ameritrade, CNBC found that the trade and investment firm saw an increase in millennial’s investment in ExxonMobil since January. The strategist said that these investors have been purchasing stocks at the...

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