Shares of BT Group plc were gaining around 3 percent in the morning trade in London after Billionaire Patrick Drahi’s Altice Group, a French telecom major, said Thursday that it
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Banking App Dave To Become Publicly Traded Company Via Merger – Quick Facts
Banking app Dave and VPC Impact Acquisition Holdings III, Inc. (VPCC), a special purpose acquisition company sponsored by Victory Park Capital, announced Monday that they have entered into a definitive
Continue reading »Aviation industry facing ‘one of the toughest times’; vaccines key to demand recovery: Vistara CEO
Vistara has made “some temporary adjustments and modifications” to its short-term plans but is focused on “protecting all jobs” at the airline, says CEO Leslie Thng As the civil aviation
Continue reading »Power consumption sees 8.2% growth in May amid slow recovery in commercial, industrial demand
The slower pace of recovery in industrial demand of electricity in May can be attributed to local lockdown restrictions Power consumption in the country witnessed an 8.2% year-on-year growth in
Continue reading »Settle cyclone claims early, IRDAI tells general, health insurers
Also, efforts should be made to ensure that digital processes are resorted to the extent possible for assessment of claims, the Authority said The Insurance Regulatory and Development Authority of
Continue reading »GDP likely grew by 1.3% in Q4 FY21: SBI research
Group sees FY contraction at 7.3% India’s GDP is likely to have grown at 1.3% in the fourth quarter of 2020-21 and may have contracted by about 7.3% for the
Continue reading »Performance Food Group To Acquire Core-Mark In $2.5 Bln Stock, Cash Deal
Performance Food Group Co. (PFGC) announced Tuesday its agreement to acquire Core-Mark Holding Co., Inc. (CORE), a wholesale distributor to the convenience retail industry, in around $2.5 billion stock and
Continue reading »OTT will become as popular as TV cable connection now is, says Sriram Manoharan
The OTT industry in India has over 3 crore paid subscribers, and the number is increasing leaps and bounds on a daily basis. The COVID-19 pandemic may have proved to
Continue reading »Reliance Q4 profit more than doubles
Jio, retail arm spur parent profit to ₹13,227 crore; RIL’s FY21 revenue falls on lower volumes, realisation Following better year on year performance in its Jio Platforms, Retail and Oil
Continue reading »Weyerhaeuser To Sell 145,000 Acres Of Timberlands In Washington For $266 Mln
Weyerhaeuser Co. (WY), a private owner of timberlands, announced Friday an agreement to sell 145,000 acres of timberlands in the North Cascades region of Washington to Hampton Resources for $266
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