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Citigroup Inc laying off less than 1% of its workforce; in line with peers-thumnail

Citigroup Inc laying off less than 1% of its workforce; in line with peers

The latest move comes after other major Wall Street banks such as Goldman Sachs and Morgan Stanley cut thousands of jobs after a tough year for dealmaking activity, as recessionary

Industry

Mar 3, 2023

“Adani Group Bonds Emit Cautions Despite Subsiding $153 Billion Stock Rout”-thumnail

“Adani Group Bonds Emit Cautions Despite Subsiding $153 Billion Stock Rout”

The recent market meltdown of the Adani Group, a conglomerate in India, has shown some signs of improvement after a tour to restore confidence and a $1.9 billion investment from

News

Mar 3, 2023

<strong>Apple partner Foxconn Tech plans to move from China to India with a $700 million plant</strong>-thumnail

Apple partner Foxconn Tech plans to move from China to India with a $700 million plant

In order to increase local production, Apple Inc. partner Foxconn Technology Group is to invest roughly $700 million in a new factory in India, according to people with knowledge of

Business

Mar 3, 2023

GIC, ORIX, and founders contribute $700 million to Greenko Energy Holdings-thumnail

GIC, ORIX, and founders contribute $700 million to Greenko Energy Holdings

Greenko Energy Holdings, situated in Hyderabad, has raised $700 million in equity capital from its founders, GIC, an ADIA-affiliated wholly-owned subsidiary, and ORIX Corporation, a Japanese financial conglomerate. The business

Finance

Mar 3, 2023

<strong>In 5 years, Amitabh Bachchan makes a 5x return on this smallcap stock!</strong>-thumnail

In 5 years, Amitabh Bachchan makes a 5x return on this smallcap stock!

According to Ace Equity data, Amitabh Harivansh Rai Bachchan, also known as Big B, has held 3,32,800 shares, or a 2.45% stake, in this company since September 2018. DP Wires

Business

Mar 3, 2023

ValueQuest Enters PE Segment With INR 1,000 Cr Fund, To Invest In Late-Stage Businesses-thumnail

ValueQuest Enters PE Segment With INR 1,000 Cr Fund, To Invest In Late-Stage Businesses

ValueQuest Investment Advisors, a public market investor based in India, has launched a new private equity fund and plans to raise up to INR 1,000 Cr ($121 Mn) for it.

Business

Mar 2, 2023

India’s Feb bike sales climb on wedding demand, easing chip shortages-thumnail

India’s Feb bike sales climb on wedding demand, easing chip shortages

Domestic two-wheeler sales rose double digits from a year earlier, an indicator that reflects the financial health of India’s rural economy and the needs of the country’s largest, loosely defined

Business

Mar 2, 2023

<strong>According to WTW, salaries in India will rise 10% in 2023, the highest in Asia-Pacific</strong>-thumnail

According to WTW, salaries in India will rise 10% in 2023, the highest in Asia-Pacific

According to a report published on Thursday, salaries in India are predicted to increase by 10% in 2023. Salary growth in India reached 9.8% in 2022. In the forthcoming year,

Finance

Mar 2, 2023

<strong>Tata and Reliance bid for Indian solar incentives of $2.4 billion</strong>-thumnail

Tata and Reliance bid for Indian solar incentives of $2.4 billion

Reliance Industries Ltd. and Tata Power Co., two manufacturers of solar modules, are among the companies that have submitted bids for the 195 billion rupees ($2.4 billion) in financial incentives

Business

Mar 2, 2023

Sunteck Realty leases commercial space to Upgrad, to make Rs 2,000 cr-thumnail

Sunteck Realty leases commercial space to Upgrad, to make Rs 2,000 cr

  Sunteck Realty Limited, a luxury real estate development company based in Mumbai, has leased out approximately 200,000 square feet of the built-up area of its premium commercial building, Sunteck

Business

Mar 2, 2023

<strong>For bankrupt Reliance Capital, the NCLAT allows another round of bidding</strong>-thumnail

For bankrupt Reliance Capital, the NCLAT allows another round of bidding

Another round of bidding for the insolvent company Reliance Capital has been approved by the National Company Law Appellate Tribunal (NCLAT). The judgement will make it easier for the Indian

Business

Mar 2, 2023

<strong>In its maiden healthcare fund, B Capital plans to invest $500 million</strong>-thumnail

In its maiden healthcare fund, B Capital plans to invest $500 million

B Capital, a venture capital firm based in Los Angeles, has set aside $500 million to start a new fund that looks for business prospects in the healthcare industry. The

Investment & Funding

Mar 2, 2023


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