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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 rowThe 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 CapGeminiInternational 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...
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