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Global markets: Australian shares rebound as banks and consumer stocks rallyAustralian shares rebounded on Wednesday, driven by gains in banks and consumer stocks, as softer economic data eased rate hike expectation...
Australian Stock Market rises, sees modest gains across indices, Mayne Pharma drops 30%; check ASX 200 top gainers and losersThe Australian stock market (ASX) saw a slight rise on Friday, though it is set for a weekly decline. The ASX showed modest gains across mo...
Infosys Q4 earnings; layoffs at Good Glamm groupIndia’s second-largest IT company Infosys posted upbeat results for the fourth quarter. More numbers in today’s ETtech Top 5.
Content-to-commerce platform The Good Glamm Group lays off 150 employeesThe Good Glam Group said it is working with a new organisational framework to rejig its operations, which led to the layoffs over the past ...
Ashwin Dani of Asian Paints: A billionaire who found his real wealth in Iyengar YogaIt was a slipped disc that took him to Iyengar's classes in Mumbai in 1980. He felt magical improvement when physiotherapy had offered him ...
Elon Musk depicted as liar, visionary in Tesla tweet trialElon Musk was depicted Wednesday as either a liar who callously jeopardized the savings of "regular people" or a well-intentioned visionary...
Elon Musk depicted as liar, visionary in Tesla tweet trialThe tweets indicated that Musk had lined up the financing to take Tesla private at a time when the automaker's stock was slumping amid prod...
Holcim to Hexaware & Suven: When Barclays broke the Wall St dominance on Indian Deal St to top M&A sweepstakesFrom vanilla debt products to complex, new structures, storied UK bank takes new issuers, co-led around $5 billion on loans for PEs in last...
IT firms brace for travel costs; Zomato & Fabindia under fireThe savings that India's software services firms have enjoyed due to Covid-induced travel restrictions may be coming to an end.
ETtech Deals Digest: Two unicorns, and a whole lotta fundingBharatPe and Mindtickle became startup unicorns this week with funding from Tiger Global and SoftBank, respectively. Neobank Jupiter made a...
PE inflows to realty seen growing 30% to $6b in 2021: ReportPE investments into the realty space is expected to dropped to USD 4.6 billion in 2020 due to decline in the overall economic activity hit ...
SoftBank’s Masa-Misra partnership strained by losses, infightingMisra is at the heart of the problem in ways that go beyond how the fund’s companies are performing.
Zee promoters to sell 11% stake to Invesco Oppenheimer Fund for Rs 4,224 crorePromoters reject Comcast-led consortium’s offer. Zee Entertainment open to sell further 9%.
'Minority shareholders oppressed in SV Global'HC finds fault with promoter group, cites poor corporate governance by board.
Bootstrapping - running a startup without equity funding is the better way forwardBhavin Turakhia, for sure has been celebrating bootstrapping since 1998. Turakhia took a loan of Rs 25,000 from his father and cofounded Di...
Mirach fiasco: Sahara explores fresh options to raise fundsSources said Sahara group has begun looking for new investors to garner necessary funds and the Mirach deal was off the table.
Mirach Capital hits back at Sahara; offers to buy out overseas hotelsSharma steered clear of the issue of a Bank of America letter it furnished as guarantee of funds in an escrow account for Sahara.
Here’s why D Subbarao will not take up a finance or government jobIndeed, Subbarao is leading a different life than many of his peers, though he misses being important these days.
- Philip Morris, Modis settle Marlboro row
The two companies had clashed in 2003 after Philip Morris bypassed its Indian partner and struck an arrangement with a local distributor to...
- Wipro likely to bid for France's CapGemini
International media reports say that Wipro is looking at a e60-per-share bid for CapGemini, valuing the IT giant at e8 billion.Buying a new...