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Investor from the US Janus Henderson cuts PharmEasy’s valuation in half, to $2.8 billion-thumnail

Investor from the US Janus Henderson cuts PharmEasy’s valuation in half, to $2.8 billion

As of December 31, 2022, Janus Henderson valued its stake in the company at a valuation that was cut in half, or about $2.8 billion. The parent firm of online

Business

May 15, 2023

G7 Leaders Will Trade In New Sanctions That Target Russian Energy-thumnail

G7 Leaders Will Trade In New Sanctions That Target Russian Energy

The new actions of G7 leaders, which were revealed during the talks held from May 19 to 21, would target third-country sanctions evasion, aim to impair Russia’s future energy output,

News

May 15, 2023

Hyperpure’s auditor, a subsidiary of Zomato, resigns, right after increased competition-thumnail

Hyperpure’s auditor, a subsidiary of Zomato, resigns, right after increased competition

Following a shareholder decision on July 14, 2021, BB & Associates was re-appointed as Zomato Hyperpure Pvt Ltd’s statutory auditors for a term of five years. In a letter to

E-Commerce

May 13, 2023

Why Disney is losing consumers despite suffering lower streaming losses-thumnail

Why Disney is losing consumers despite suffering lower streaming losses

Disney’s share price fell by almost 9% as a result of the unanticipated drop in streaming subscribers on Thursday, which raised worries that the company is forgoing expansion to cut

Entertainment

May 13, 2023

G7 (Group of Seven) Finance Chiefs Discuss Challenges Facing Global Economy-thumnail

G7 (Group of Seven) Finance Chiefs Discuss Challenges Facing Global Economy

Finance ministers from the G7 (Group of Seven) countries met in Japan to discuss various issues facing the global economy, including banking regulation, the impact of Russia’s war in Ukraine,

News

May 13, 2023

JP Morgan Denies Over 100 Women’s Claims Of Class Action Status And Accuses The Bank Of Helping Them Jeffrey Epstein-thumnail

JP Morgan Denies Over 100 Women’s Claims Of Class Action Status And Accuses The Bank Of Helping Them Jeffrey Epstein

The biggest US bank reported that Epstein’s behaviour fluctuated from victim to victim and over time and that the bank’s awareness of and supply of financial services also varied. Over

News

May 13, 2023

“Ex-ByteDance Exec Claims Termination Resulted from Reporting Unlawful Practices”-thumnail

“Ex-ByteDance Exec Claims Termination Resulted from Reporting Unlawful Practices”

A former chief of engineering at Bytedance in the United States has alleged that the enterprise terminated him upon voicing his concerns regarding the company’s acquisition of user-generated content from

News

May 13, 2023

Funding for mum and infant care businesses falls by 80% in 2022; there are no new unicorns-thumnail

Funding for mum and infant care businesses falls by 80% in 2022; there are no new unicorns

Seed-stage funding decreased by 21% in Q1 2023 compared to Q1 2022 but increased by 444% from Q4 2022.  Early-stage investments increased by 158% in the first quarter of 2023

Investment & Funding

May 13, 2023

No more gifts, please: JioCinema, owned by Ambani, will now require a premium membership for HBO and other programs-thumnail

No more gifts, please: JioCinema, owned by Ambani, will now require a premium membership for HBO and other programs

The Premium subscription that allows users to access material from companies like HBO and Warner Bros. will cost Rs 999 for a full year on JioCinema.com. Ambani is thus leveraging

Entertainment

May 13, 2023

Three lessons to be learned from the recent argument between Elon Musk and Linda Yaccarino-thumnail

Three lessons to be learned from the recent argument between Elon Musk and Linda Yaccarino

The two spoke on stage during a marketing conference in Miami Beach, Florida, in April. Linda Yaccarino, the current CEO of NBC Universal, will take over as Twitter’s new CEO,

News

May 13, 2023

Indian Ministry of Corporate Affairs proposes allowing partial sales of insolvent firms under new IBC revisions-thumnail

Indian Ministry of Corporate Affairs proposes allowing partial sales of insolvent firms under new IBC revisions

The  Indian Ministry of Corporate Affairs proposes revisions to the IBC (Insolvency and Bankruptcy Code) which would allow partial sales of stressed companies under the law if a rescue plan

Finance

May 13, 2023

Janet Yellen says US regional banks may merge due to the current banking environment-thumnail

Janet Yellen says US regional banks may merge due to the current banking environment

US Treasury Secretary Janet Yellen has opined that the contemporary banking milieu and the concomitant diminution of earnings at certain regional banks may lead to an accentuated consolidation in the

Finance

May 13, 2023


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