Abu Dhabi investment authority buys SpiceJet shares from open mkt
The Abu Dhabi Investment Authority acquired an undisclosed number of SpiceJet shares on the open market. A SpiceJet representative said, “Yes, ADIA has acquired shares […]
Month: March 2024
Stronger than expected growth! Moody’s raises India’s 2024 GDP forecast sharply
India’s economy recorded its swiftest expansion in eighteen months in the last quarter of 2023, propelled by vigorous manufacturing and construction activities, registering a growth […]
Opec+ production cuts deepen with extensions from oil giants
Saudi Arabia, Opec+ countries, and Russia deepened crude supply cuts to balance the oil market. Brent crude prices increase but remain below previous highs. Further […]
Adani Group offers first dollar bond since Hindenburg crisis
Issuing the dollar security could provide another uplift for Adani, following recent support from investors like GQG Partners LLC and successful debt refinancing for cement […]
Japan’s Nikkei surpasses 40,000 points for first time
Japan’s benchmark Nikkei index surpassed the 40,000 mark for the first time on Monday following gains on Wall Street.The Nikkei added 0.84 percent, or 334.87 […]
Sundar Pichai under pressure after AI chatbot gaffes
Google CEO Sundar Pichai is under growing pressure following the series of gaffes and biases demonstrated by its recently launched generative AI tool Gemini. Some […]
Vedanta Resources to deleverage debt by $3 billion over 3 years
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Ahead of UK budget, Hunt says forecasts ‘have gone against us’
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REA India’s revenue rises 21% in Jul-Dec on strong demand: CEO Dhruv Agarwala
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Flipkart launches UPI handle
Flipkart has launched its UPI handle powered by Axis Bank for Android users. It can be used for online and offline merchant transactions, e-commerce transactions, […]