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Stories of Corporates

Why Shares of Invitae Rose 11% on Tuesday

What happenedShares of medical genetics testing company Invitae (NYSE: NVTA) rose 11% on Tuesday. The stock is still down more than 76% so far...

Overbought Hang Seng Called Higher On Wednesday

(RTTNews) - The Hong Kong stock market has finished higher in three straight sessions, skyrocketing more than 2,325 points or 14.1 percent along the...

Australian Market Notably Lower

(RTTNews) - The Australian stock market is notably lower on Wednesday, extending the losses in the previous two sessions, with the benchmark S&P/ASX 200...

Activist Investor TCI Fund Urges Alphabet To Cut Jobs & Salary Expense

(RTTNews) - TCI Fund Management urged Google parent Alphabet to cut jobs & salary expense, reduce losses in the Other Bets unit, and boost...

Adani’s NDTV open offer may not enthuse shareholders

Proxy advisory firms say NDTV’s open offer is set to fail because the offer price is 30 per cent lower (₹294/share) than the current...

Indian Hotels-GIC platform yet to make first acquisition

Indian Hotels-GIC platform, which was formed in 2019 to acquire stressed hospitality assets, is yet to make its first acquisition. Puneet Chhatwal, MD and...

Payaash Capital challenges ArcelorMittal’s bid for Srei

Payaash Capital (Singapore) Pte, the JV partner with Srei Infrastructure Finance for Trinity Alternative Investment Managers Ltd (TAIML), has challenged the inclusion of ArcelorMittal...

Credit Suisse To Sell Securitized Products And Other Related Financing Businesses To Apollo

(RTTNews) - Credit Suisse agreed to sell a significant part of its Securitized Products Group and other related financing businesses to Apollo Global Management,...

Essar to get ₹2,800 cr branding fee from Nayara Energy

Essar Group will receive $350 million (about ₹2,800 crore) from Nayara Energy (formerly Essar Oil) as part of brand licencing agreement signed five years...

IndiGo commences cargo ops with first freighter between Delhi and Mumbai

IndiGo on Tuesday commenced operations of its first freighter —the A321 Freighter —aircraft between Delhi and Mumbai. The aircraft, converted from a passenger jet...

Walmart attributes strong sales growth in September quarter to Flipkart

Global e-commerce major Walmart attributes strong growth in the September quarter to the double-digit growth in Flipkart and Walmex (Walmart Mexico).The company said Flipkart’s...

Why Shares of Twist Bioscience Fell 19.92% on Tuesday

What happenedA day after synthetic biology and genomics company Twist Bioscience (NASDAQ: TWST) saw its shares rise 16.1%, they did a U-turn, falling 19.92%...

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