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Stories of Corporates

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,...

IT startup Contentstack raises $80 million in funding round co-led by Georgian, Insight Partners

US-headquartered Contentstack said that it will use the funds to continue to build a feature-rich content management systems (CMS) product and for hiring talents...

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%...

Amid headwinds, pockets of opportunities for funding innovative, disruptive startups remain: Experts

Early-stage funds will keep a watchful eye on key metrics like path-to-profitability, team and governance, cash flow cycles, and debtor days and guard against...

Bank of America results lift mood on Wall Street; Dow 30 up by over 500 points, S&P 500, Nasdaq Composite also gain

Dow 30 was trading with gains of over 500 points or 1.72% at  30,145.20. Meanwhile, S&P 500 was trading at 3,669.70, up by 86.63 points or 2.42% and Nasdaq...

Regency Centers (REG) Shares Cross 4% Yield Mark

Looking at the universe of stocks we cover at Dividend Channel, in trading on Monday, shares of Regency Centers Corp (Symbol: REG) were yielding...

Indian Hotels to challenge Mumbai Port Trust demand for ₹764 crore

The dispute between the Mumbai Port Trust and the Tata-owned Indian Hotels Company over the rental dues of Mumbai’s iconic Taj Mahal Palace Hotel...

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