Oberoi Realty (Oberoi), through it’s wholly owned subsidiary Oberoi Constructions Limited (OCL) has a JV – Oasis Realty (Oasis) with Mr Sudhakar Shetty (Sahana Group). Oberoi group holds 32.5% in the JV. Oasis has constructed a residential project, ‘Three Sixty West’ situated at Annie Besant Road, Worli, Mumbai. Oberoi has now called for an EGM … Read more
In an interview, Yashish Dahiya, Chairman and Chief Executive Officer of PB Fintech highlighted the following – “We started our new initiatives after the market started focusing on profitability. We are not reducing our new initiatives or killing them. We are only getting a little more efficient, which is exactly what we would do anyway. … Read more
Govt holds stake in Axis bank through Specified Undertaking of UTI (SUUTI). Shareholding was transferred to SUUTI (an investment vehicle) in 2003 when a scheme of the Unit Trust of India failed and was bailed out. At that time, SUUTI held investments in more than 40 companies, which it has been slowly exiting since then. … Read more
The CEO of Binance tweeted on Sunday the exchange would be liquidating all its FTT tokens due to “recent revelations.” On Monday, FTX head Bankman-Fried tweeted “a competitor is trying to go after us with false rumors.” Bankman-Fried announced on Tuesday his exchange FTX is to be acquired by Binance. Something is loading. Thanks for … Read more
Chancellor of the Exchequer Jeremy Hunt plans to cut a surcharge on UK bank profits, effectively shielding them from the bulk of an increase in the country’s corporate tax rate as the government tries to preserve the competitiveness of Britain’s finance industry. What to expect in UK Chancellor’s plan to fix fiscal hole UK banks … Read more
Nissan Motor is willing to walk away from a deal with Renault SA to re-balance their alliance amid concerns the French carmaker wants to license hundreds of jointly developed patented technologies to other players, including new Chinese partner Geely. While both sides appeared near a final agreement two weeks ago, Nissan’s board and management have … Read more
REITs raised merely $750M of capital in October, a decrease of 99.99% from $6.84B in the year-ago period, according to a report by the National Association of Real Estate Investment Trusts. Only 1 capital offering instrument, of secondary debt, was offered during the month, compared to 16 instruments a year ago. Realty Income (O) priced … Read more
Prior to the statement, Musk blamed pressure from activist groups for the pause on ad spending. Before the takeover, Musk promised investors Twitter wouldn’t become a “free-for-all hellscape” in a letter. Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app The … Read more