Donald Trump’s return to the U.S. presidency on Wednesday sparked a major rally in equity markets, fueled by expectations of lower corporate taxes, favorable tariffs, and deregulation. Shares of banks, …
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Ola, the Indian ride-hailing giant, has once again seen its valuation slashed by one of its key investors, Vanguard, the U.S.-based asset management firm. According to a recent regulatory filing, …
World News
The European Commission has approved the joint venture deal between Reliance and Disney
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Reliance and Disney Merger Set to Reshape India’s Media Landscape The merger between RIL’s Viacom18 and Disney’s Star India is expected to close by early November, pending final approvals from …
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India has expelled six Canadian diplomats following accusations from Ottawa, which claims that New Delhi is involved in “criminal activity”
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The diplomatic rift between India and Canada has escalated to a new level as both nations exchange serious allegations. The relationship between the two countries, already strained, reached a breaking …
World News
A Dubai businessman purchased a $50 million private island to ensure his wife could feel comfortable and safe wearing a bikini.
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A Dubai-based housewife, Soudi Al Nadak, has taken social media by storm with her claim that her millionaire husband, Jamal Al Nadak, purchased a private island so she could feel …
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Retailer MINISO plans to acquire a nearly 30% stake in the troubled Yonghui for $893 million
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MINISO is navigating a challenging business environment in China, where significant hurdles are arising from a slump in the property market and an ongoing financial slowdown. As a consequence, Chinese …
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OYO is set to acquire the iconic Motel 6 brand in a $525 million all-cash transaction
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IPO-bound travel tech platform OYO has announced its decision to acquire the renowned American budget hotel brands Motel 6 and Studio 6 from Blackstone Real Estate for $525 million in …
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Elliott Hill has been appointed as the new CEO of Nike, with his term set to begin on October 14
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BEAVERTON, Ore. — NIKE, Inc. (NYSE: NKE) has officially announced a significant leadership transition, naming Elliott Hill as its new President and Chief Executive Officer, effective October 14, 2024. This …
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Samvardhana Motherson International is set to acquire an 11% stake in Israel-based REE Automotive for $15 million.
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Samvardhana Motherson International Ltd (SAMIL) has announced a strategic investment in Israel’s REE Automotive Ltd, marking a significant move in the electric vehicle (EV) technology space. The acquisition involves SAMIL …
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Breaking: Ford Set to Return to India for Car Manufacturing, But There’s a Twist
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Ford Set to Return to India: Plans to Restart Manufacturing in Chennai for Exports Ford Motor Company has taken a significant step towards resuming its manufacturing operations in India by …