Author: Business Writer
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Nestle Eying ‘Ching’s Secret’ Owner Capital Foods In $1 Billion Deal
Swiss multinational Nestle is reportedly in talks to acquire Indian food company Capital Foods, the parent company of Ching’s Secret, in a deal worth ... -
Air India Secures Rs 14,000 Crore Loan From SBI & BOB
Air India obtained a loan from the State Bank of India (SBI) and Bank of Baroda (BOB) for Rs 14,000 crore to pay its ... -
NPCI Recommends PPI Fees For UPI Merchant Transactions
The NPCI has announced 1.1% transaction fee will be charged to UPI transactions over Rs 2,000 starting April 1, 2023 to increase revenue for ... -
The Souled Store Raises ₹135 Crore Funding Led By Xponentia Capital
The Souled Store raises Rs. 135 crore in the most recent Series C round, which is headed by Xponentia Capital who increased their shareholding ... -
Polygon Labs Launches zkEVM Mainnet Beta for DeFi Solutions
Polygon Labs launches zkEVM Mainnet Beta, a new platform that combines zero-knowledge technology and Ethereum Virtual Machine for more efficient DeFi solutions. Decentralized finance ... -
First Citizens Bank Acquires SVB And FDIC-Backed Loans
First-Citizens Bank and Trust Company will automatically accept Silicon Valley Bridge Bank, National Association’s depositors as depositors. “First-Citizens Bank has taken on all deposits.” ... -
Akasa Air To Hire 1,000 New Employees By March 2024
By March 2024, Akasa Air expects to have hired close to 1,000 personnel. Let’s look at the growth strategies of India’s newest airline. By ... -
Jack Dorsey Loses $526 Million After the Hindenburg’s Report
In a report published on Thursday, Hindenburg claimed that Block had exaggerated its user metrics and that the stock’s downside ranged from 65-70%. Bloc ... -
AIS for Taxpayer: The Income Tax Dept Launches App For Taxpayers
The Indian govt. & the income tax dept. launched an app called ‘AIS for Taxpayers’ to check TDS, interest, & other tax information. The ... -
DB Power Buys Back Global Infrastructure’s Stake At ₹400 Crore
Adani Power canceled its agreement to buy DB Power, citing its long-stop agreement date. But DB Power acquired Global Infrastructure’s stakes at ₹400 Crore. ...
