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FINANCE 2023
Tata Motors takes 89.42% stake in Iveco, gains control of Italian CV makerTata Motors has completed the acquisition of a controlling stake in Iveco Group, which now becomes an indirect subsidiary. The transaction ...- Banks must go beyond lending to unlock Bengal's industrial potential: NITI Aayog's Ashok LahiriNITI Aayog vice-chairman Ashok Lahiri emphasized the need for banks to facilitate connections between businesses and financial resources. H...
- Equitas SFB shares tumble 27% in 2 days on CEO exit. More pain ahead?Equitas Small Finance Bank shares plunged 27% in two sessions after CEO and founder PN Vasudevan announced his resignation over a perceived...
- Equitas Small Finance Bank chief PN Vasudevan plans exit over perceived conflict involving daughter's NBFCPN Vasudevan's recent announcement of his resignation as managing director of Equitas Small Finance Bank highlights pressing concerns over ...
- IMF proposes China’s Min Liao as deputy managing director, Bo Li to exit in NovemberThe International Monetary Fund has nominated Min Liao, China’s Vice Minister of Finance, for Deputy Managing Director. His appointment fol...
- Virat Kohli becomes Agilitas’ second-largest individual shareholder after one8 mergerVirat Kohli's stake in Agilitas Sports has increased significantly following the merger with his one8 brand. The merger was approved by the...
- Green financing in India rises to $82 billion, but flows mostly to established sectors: ReportThe Landscape of Green Finance in India, now in its fourth edition, maps actual finance flows or disbursements across sources, instruments,...
- UNEP's 1.5°C warning: The world may cool down again. What happens when the heat retreats but the damage stays?According to a report by the United Nations Environment Programme long-term global warming is expected to cross 1.5°C above pre-industrial ...
- Rs 60 lakh cash gift from late husband: Widow gets income tax notice for'unexplained' credit - Know what ITAT ruledMs Parve’s counsel argued in ITAT Pune that she is a housewife and never filed her income tax return (ITR) as she had no independent source...
- What happened to the FEC website? Hackers disrupt campaign finance filings before US midtermsOn October 26, just ahead of the US midterm elections, the Federal Election Commission encountered a significant outage in its electronic f...
- Before becoming Israel's prime minister, Benjamin Netanyahu studied at MIT and worked at Boston Consulting Group; how his business career shaped his economic policiesBenjamin Netanyahu studied architecture at the Massachusetts Institute of Technology (MIT). There he reportedly earned a bachelor's degree....
- Who are the biggest investors backing Anthropic? A look at key stakeholdersAnthropic’s planned IPO is set to test public-market appetite for artificial intelligence companies. Backed by Amazon, Google, leading vent...
- Anthropic IPO puts AI spending under the spotlight as losses mountAnthropic, established by ex OpenAI researchers, is gearing up for an anticipated entry into the stock market in the United States. The org...
- Anthropic's top investors include Amazon, Google, Fidelity ManagementAnthropic is preparing for its initial public offering, supported by significant investments from Amazon and Google. The company's valuatio...
- Chris Brown net worth: How the singer built his massive million fortune despite his latest UK sentenceChris Brown was sentenced to eight months in prison, which was suspended for 12 months. He pleaded guilty to affray after attacking a produ...
- Timeline: Anthropic's path from AI startup to industry-defining IPOAnthropic's IPO filing marks a significant step toward becoming the first public listing for a frontier AI lab. The company has raised a to...
- As COP31 nears, India's heatwave disaster tag puts spotlight on global adaptation finance gapIndia's recognition of heatwaves as natural disasters underscores the urgent need for international climate finance. Experts note that dome...
- SoftBank-backed India's Oyo Hotels owner halves proposed IPO, filing showsPrism, the company behind Oyo Hotels, has slashed its initial public offering (IPO) size from 66.5 billion to 33.5 billion rupees. Initiall...
- Mikhail Sergachev bought a $9 million Tampa waterfront home in 2023; 9 months later, it was listed for $10.9 million after his NHL tradeIn September 2023, Sergachev bought the property for around $9 million. He sold the home less than a year after buying it. It is located in...
- ArcelorMittal & SA's IDC close in on $610 m dealSouth Africa's Industrial Development Corporation has agreed to acquire ArcelorMittal SA's local unit for about $610 million. This anticipa...
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