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Zomato

Zomato Lost Nearly $1 Billion in Value After Blinkit Deal

Shares of the online delivery firm Zomato went down by more than 7.5% hitting $0.74 (₹58.20) per share on Bombay Stock Exchange...
Toshiba

A Frail Yen Will Fuel Up Foreign Purchases

Toshiba may slip down in the history for the second time. The foreign buyout groups are ready to offer $22 billion (¥3...
Saudi

Saudi Arabia Eyes to Triple the Number Of Tourists In 2022

Saudi Arabia is undoubtedly witnessing a huge renaissance as it seeks to diversify its economy. According to the document Vision 2030, The...
Cornerstone

Cornerstone Acquires SumTotal For $200 Million

HR Tech firm Cornerstone, backed by Clearlake Capital Group, acquired SumTotal for about $200 million. Clearlake has signed a definitive agreement with...
Forbes

Forbes Backs Out From Going Public via SPAC

Forbes, the century-old business magazine backed out from going public via Special Purpose Acquisition Company (SPAC) deal. Shareholders of Forbes concluded the...
Fraser

Mike Ashley’s Frasers Group Has Bought the Fashion Retailer Misguided

Mike Ashley’s Fraser Group has brought Fashion Retailer Misguided out of administration for $25.16 million. The competitors include Boohoo, Shein and JD...
Broadcom

Chip Maker Broadcom to Acquire Cloud Company VMware

Chipmaker Broadcom is planning to acquire cloud company VMware which, could become one of the largest tech acquisitions in the history. Broadcom...
Adani

Adani Family to Acquire Ambuja and ACC in $10.5 Billion Deal

Gautam Adani Group to acquire Switzerland-based Holcim Ltd's entire stake in two Indian cement companies, Ambuja Cements Ltd and ACC Ltd. Cement...

UAE Telecoms Group Acquires 9.8% Stake in Vodafone

The United Arab Emirates-based telecoms group e& bought a 9.8% stake in Vodafone for $4.4 billion. The announcement comes days after e&...
S4 Capital

Martin Sorrell’s S4 Recommence Acquisitions with TheoremOne Deal

Martin Sorrell’s S4 Capital recommenced acquisitions with TheoremOne Deal. This is his first acquisition after Sir Martin Sorrell’s advertising start-up in March...

Recent Articles

Roe vs Wade Reversal May Impact Telemedicine in US

Roe v. Wade was reversed last week by the U.S. Supreme Court and it was a 5-4 decision. In response, people, both...
Central Bank

Central Bank Chiefs Want Action to Bring Price Growth Back to Moderate Levels

The central bank Chiefs around the world have warned that the era of low interest rates and moderate inflation has come to...
Zomato

Zomato Lost Nearly $1 Billion in Value After Blinkit Deal

Shares of the online delivery firm Zomato went down by more than 7.5% hitting $0.74 (₹58.20) per share on Bombay Stock Exchange...

Blockbuster Deal For Pharma Major Boots Comes A Cropper

The Walgreens Boots Alliance (WBA) announced it has abandoned plans to sell UK Pharma major Boots. It further announced Boots and No7...

London Rail Strike Loss Estimated to be $36.85M Per Day

London witnessed massive disruption across its the rail networks as over 40,000 workers struck work for three days last week.The protests started...

Most Popular

Egypt to Host the Islamic Development Bank Group’s Annual Meetings

Egypt  will host the annual meetings 2022 of the Islamic Development Bank (IsDB) Group in Sharm El Sheikh resort from June 1...

Online Retailer Boohoo Acquires Debenhams

Online Fashion Retailer Boohoo has acquired Britain's Debenham's brand and website for £55 million, or $75.57 million. However, Boohoo will not acquire...

Tata Sons Successful in Bid to Fly Air India

Salt to steel conglomerate Tata Sons has won the bid to buy state-run airline Air India. The proposal for $2.4 billion gives...

Payments Provider Fiserv Buys Digital Marketing Platform BentoBox

On Monday, 18 October, leading global payments provider Fiserv, Inc. (NASDAQ: FISV) announced it has agreed to acquire digital marketing platform BentoBox....

CFPB Proposes Open Banking Regulations, Opens for Comments

The Consumer Financial Protection Bureau (CFPB) issued an advanced notice of proposed rulemaking. It was completed to regulate how banks and fintech...