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Client seeks additional info from GQG about its $1.9 bn Adani investment

Infrastructure

03 March, 2023

Client seeks additional info from GQG about its $1.9 bn Adani investment

An Australian pension fund client of GQG Partners has asked the U.S. boutique investment firm for more information about its ......

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Indian, US consumer companies on divergent trajectories post IPO

Consumer

02 March, 2023

Indian, US consumer companies on divergent trajectories post IPO

Indian and US consumer companies, which went public post 2020, are witnessing comparatively divergent trajectories after listing on public bourses, ......

Analysis: Investors bet growth stocks will do well in US recession

Finance

01 July, 2022

Analysis: Investors bet growth stocks will do well in US recession

Concerns about a possible US recession are prompting some fund managers to rotate back into the big tech and growth ......

Indices start the week on a strong note; Nifty at over 2-week high

Finance

27 June, 2022

Indices start the week on a strong note; Nifty at over 2-week high

Markets rose on Monday to their highest in more than two weeks, with technology and metal stocks leading the gains, ......

Tesla puts India plans on hold, sources say

Manufacturing

13 May, 2022

Tesla puts India plans on hold, sources say

Tesla Inc has put on hold plans to sell electric cars in India, abandoned a search for showroom space and ......

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Chargebee aims for greater India revenue  ahead of IPO

TMT

12 May, 2022

Chargebee aims for greater India revenue ahead of IPO

Chargebee, a software-as-a-service (SaaS)-based subscription management unicorn, sees its dependence on North America and Europe ease as it seeks to ......

US Fed hikes interest rate by half percentage point, to begin balance sheet reduction in June

Finance

05 May, 2022

US Fed hikes interest rate by half percentage point, to begin balance sheet reduction in June

The Federal Reserve Wednesday raised its benchmark overnight interest rate by half a percentage point, the biggest jump in 22 ......

Indian market gains for second consecutive session, Reliance contributes most to gains

Markets

29 April, 2022

Indian market gains for second consecutive session, Reliance contributes most to gains

Indian shares extended gains to a second straight session on Friday. The NSE Nifty 50 was up 0.19% at 17,278.60 ......

Wipro acquires SAP consulting company for $540 mn

TMT

27 April, 2022

Wipro acquires SAP consulting company for $540 mn

Wipro Ltd has agreed to acquire Rizing Intermediate Holdings, Inc., a global SAP consulting firm, for $540 million, to bolster its SAP ......

UAE-based fintech startup zenda raises $9.4 mn in seed round

Finance

25 April, 2022

UAE-based fintech startup zenda raises $9.4 mn in seed round

nexopay Technologies Pvt Ltd, which operates the fintech app zenda has raised $9.4 million (around Rs 72 crore) in its seed round with ......