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Iberdrola Partners with Masdar for Offshore Wind Farm Development-thumnail

Iberdrola Partners with Masdar for Offshore Wind Farm Development

Spanish utility company Iberdrola (IBE.MC) has recently signed an exclusive agreement with Abu Dhabi’s Masdar to collaborate on the development of a significant offshore wind farm in the Baltic Sea,

Economy

Jul 5, 2023

4 major expert cuts: Coinbase stock falls on Piper Sandler downsize-thumnail

4 major expert cuts: Coinbase stock falls on Piper Sandler downsize

Here is your Ace Recap of the greatest expert cuts you might have missed today minimise at Coinbase Worldwide, US Steel, Lumentum, and VICI Properties. Piper player Sandler minimises Coinbase

Finance

Jul 5, 2023

ViewSonic launches compact touch screen with OLED tech in India-thumnail

ViewSonic launches compact touch screen with OLED tech in India

ViewSonic, a main worldwide supplier of visual arrangements, on Wednesday, reported the send-off of the VP-16 OLED, the brand’s most memorable convenient touch screen with OLED innovation, in the country.

New Launch

Jul 5, 2023

The FMCG sector will see revenue growth of 7-9% this fiscal year: CRISIL-thumnail

The FMCG sector will see revenue growth of 7-9% this fiscal year: CRISIL

Fast-moving consumer goods (FMCG) industry revenue is anticipated to increase by 7-9% this fiscal year, which is a somewhat slower rate than the 8-9% growth rate seen in the previous

Business

Jul 5, 2023

OPEC+ Alliance Commits to Supporting Oil Market Amidst Challenges-thumnail

OPEC+ Alliance Commits to Supporting Oil Market Amidst Challenges

The ongoing cooperation between Russia and Saudi Arabia within the OPEC+ alliance remains robust, with both nations determined to take necessary measures to support the oil market.

Business

Jul 5, 2023

Indians for the first time emerged as leading travelers to the United States: IPK Int-thumnail

Indians for the first time emerged as leading travelers to the United States: IPK Int

India has emerged as the leading source of inbound travelers to the United States, surpassing countries like China, South Korea, and Japan in 2022. To accommodate the growing tourism boom, the US plans to open two new consulates in Bengaluru and Ahmedabad.

News

Jul 5, 2023

Reliance among BofA Protections’ main 10 Asia Pacific stock proposals-thumnail

Reliance among BofA Protections’ main 10 Asia Pacific stock proposals

BofA Protections has given a ‘Purchase’ call for E Ink, Hundsun, Japan Carriers, Mazda Engine, PICC Gathering, Reliance Ventures, Samsung F&M, SBI Cards, and Joined Bottling works for the July-September

Finance

Jul 5, 2023

Private Banks in India Exhibit Higher Write-Off Ratios Compared to Public Banks-thumnail

Private Banks in India Exhibit Higher Write-Off Ratios Compared to Public Banks

The Reserve Bank of India’s (RBI) financial stability report has revealed that private banks in India have shown a more proactive approach towards writing off bad loans than their public sector counterparts.

Finance

Jul 5, 2023

Swiggy pilot testing Co-branded credit card with HDFC Bank & Mastercard-thumnail

Swiggy pilot testing Co-branded credit card with HDFC Bank & Mastercard

Swiggy, a popular food delive­ry platform, is reportedly partnering with HDFC Bank to launch its own co-brande­d credit card. This move follows the footste­ps of other major Indian e-commerce­ players.

Business

Jul 5, 2023

Freakins, D2C denim fashion brand raises $4mn in seed funding round-thumnail

Freakins, D2C denim fashion brand raises $4mn in seed funding round

Indian direct-to-consume­r denim brand Freakins has rece­ntly secured $4 million in see­d funding. The investment is le­d by Matrix Partners India and Blume Venture­s. These funds will be utilize­d to

Investment & Funding

Jul 5, 2023

PharmaEasy plans Rs 2,400 crore rights offering at a 90% share price cut-thumnail

PharmaEasy plans Rs 2,400 crore rights offering at a 90% share price cut

PharmEasy, a prominent online pharmacy, has informed its board and investors that it intends to raise approximately Rs 2,400 crore through a rights offering at a 90% lower stock price

E-Commerce

Jul 5, 2023

Carl Zeiss India planning to invest 250 million euros for its new Vision lens factory in Bengaluru-thumnail

Carl Zeiss India planning to invest 250 million euros for its new Vision lens factory in Bengaluru

Carl Zeiss India has announce­d plans to invest more than 250 million euros in the­ creation of its largest vision factory in Bengaluru. This state­-of-the-art facility is expecte­d to be finished by October 2024 and will bring re­markable advancements in le­ns production, with a potential sixfold increase. Its daily output alone­ will reach an impressive 260,000 le­nses.

Automotive

Jul 5, 2023


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