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Home > Articles
Thames Water Secures £750 Million Investment but Warns of Future Equity Needs-thumnail

Thames Water Secures £750 Million Investment but Warns of Future Equity Needs

Thames Water, the largest water company in Britain, announced on Monday that its investors had agreed to inject £750 million ($960 million) into the troubled business

Business

Jul 10, 2023

The story of Tarla Dalal, The Woman The Culinary Legend, and The Enigma-thumnail

The story of Tarla Dalal, The Woman The Culinary Legend, and The Enigma

Everyone and their mother has heard about Tarla Dalal. Or, at the very least, they should. Dalal, widely regarded as India’s first celebrity chef, transformed the Indian food industry with

CXO Insight

Jul 10, 2023

Big US banks report largest jump since the pandemic in loan losses-thumnail

Big US banks report largest jump since the pandemic in loan losses

As rising interest rates put increasing pressure on consumers throughout the economy, the leading US banks are expected to disclose this week the highest increase in loan losses since the start of the coronavirus outbreak.

Finance

Jul 10, 2023

The French luxury group Kering acquired Creed for €3.5 billion-thumnail

The French luxury group Kering acquired Creed for €3.5 billion

As the owner of Gucci begins a strategically significant push into the cutthroat high-end beauty market, French luxury giant Kering spent €3.5 billion to purchase the fragrance company Creed. Four

Business

Jul 10, 2023

‘I am truly frightened,’ says Paytm CEO Vijay Shekhar Sharma after reading an OpenAI post regarding human extinction-thumnail

‘I am truly frightened,’ says Paytm CEO Vijay Shekhar Sharma after reading an OpenAI post regarding human extinction

Paytm CEO Vijay Shekhar Sharma has expressed concern about the potential disempowerment, if not extinction, of humans as a result of the development of extremely advanced AI systems. He expressed his concerns in a tweet, citing a recent blog article by OpenAI.

Artificial Intelligence

Jul 10, 2023

What has climate change got to do with businesses? Check this space-thumnail

What has climate change got to do with businesses? Check this space

Climate change is a serious concern these days when it comes to sustaining a future for the next generations. The progress of the society depends highly on industrialization and advancements

Business

Jul 10, 2023

Francisco Partners to sell Forcepoint unit to TPG for $2.45 billion-thumnail

Francisco Partners to sell Forcepoint unit to TPG for $2.45 billion

The Wall Street Journal reported on Sunday that private equity company TPG is acquiring a commercial division of software provider Forcepoint from Francisco Partners for $2.45 billion, citing sources. According to

Business

Jul 10, 2023

Budget 2023: Karnataka Govt Announces Several Startup Support Programmes-thumnail

Budget 2023: Karnataka Govt Announces Several Startup Support Programmes

As part of its Budget 2023–24 announcements, the Karnataka government made a number of incentives for entrepreneurs in the state public on Friday, July 7.  Chief Minister Siddaramiah suggested spending

Economy

Jul 8, 2023

Reliance Retail to become 100% promoter owned entity valuation at $149 bn-thumnail

Reliance Retail to become 100% promoter owned entity valuation at $149 bn

Reliance Retail has made the decision to cancel its public shares, which places a value of $149 billion on Mukesh Ambanis’ retail business. This move impacts just 0.09% of the

News

Jul 8, 2023

During the test dive of the Titan submarine, OceanGate CEO Stockton Rush remarked, “You’re dead anyway”-thumnail

During the test dive of the Titan submarine, OceanGate CEO Stockton Rush remarked, “You’re dead anyway”

Stockton Rush, CEO of OceanGate, has been criticised for his haughtiness. Brian Weed, a former crew member, was troubled by Rush’s attitude to emergency procedures, which implied that if they

News

Jul 8, 2023

Yellen begins Beijing trip by criticizing China’s treatment of US companies-thumnail

Yellen begins Beijing trip by criticizing China’s treatment of US companies

According to a New York Times report, Treasury Department Secretary Janet Yellen began her trip to Beijing by criticising China’s treatment of American businesses and highlighting the challenges they have

Business

Jul 8, 2023

India forex swells up by $1.9bn to bn 595.1bn says RBI data-thumnail

India forex swells up by $1.9bn to bn 595.1bn says RBI data

India’s foreign exchange reserves rose by $1.9 billion to $595.1 billion as of June 30, according to Reserve Bank of India data. Foreign currency assets increased by $2.5 billion, while

Economy

Jul 8, 2023


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