Stripe submit offer to buy PayPal for $53 billion
Stripe and private equity firm Advent International have reportedly submitted a joint offer to acquire PayPal Holdings for $60.50 per…
Section
Category: Companies & Business
News on major companies, retail and consumer brands.
Ikea India sales plan aims for 4x growth by 2030
Key takeaways Ikea India sales plan aims to grow revenue about four times by 2030. The company wants more big…
Anand Rathi Share Q1 revenue rises 22% on trading
Key takeaways Anand Rathi Share Q1 revenue rose 22.37% from a year earlier. The broking firm got help from stronger…
iD Fresh Foods expansion aims for 10 global hubs
iD Fresh Foods expansion is the company’s plan to build 10 manufacturing hubs in India and overseas. That means more…
US bank profits hit $50 billion in one quarter
Key takeaways US bank profits at the top five lenders reached about $50 billion in one quarter. That is almost…
Natural gas supply curbs could squeeze India users
Key takeaways India may face natural gas supply curbs of up to 1.5 million tonnes a month. The risk matters…
Nvidia H200 China shipments begin as US eases chip curb
Nvidia H200 China shipments have begun, according to a senior U.S. official. Nvidia H200 China shipments means the company has…
RBI board governance norms: what changes on October 1
India’s central bank has reset RBI board governance norms for commercial banks, urban co-op banks, and some finance firms from…
Forced labour imports ban: India tightens trade rules
Key takeaways India has added a forced labour imports ban to its trade policy. The new rule bars goods made…
ideaForge QIP raises ₹500 crore for defence drone push
ideaForge QIP has raised ₹500 crore for the drone maker’s next stage of growth. ideaForge QIP is a qualified institutional…