United States President Joe Biden met with Chinese President Xi Jinping for the last time in Peru on Saturday, The Hill reported. Biden met with Xi on the sidelines of the Asia-Pacific Economic Cooperation summit in Peru on Saturday. As per The Hill, during the meeting, Xi said that China is “ready to work” with … Read more
India’s central bank is likely to defer a decision on slashing rates to at least February, economists said, illustrating the risks posed by imported inflation from a sliding currency and higher US yields after the election of stiff tariffs-backing Donald Trump as the incoming president. Reserve Bank of India (RBI) Governor Shaktikanta Das has said … Read more
Mitsubishi UFJ Financial Group Inc. is bullish on India, where it’s actively looking for acquisition targets that will help boost its presence in the world’s most populous nation. The goal for Japan’s largest lender is to push up its buyouts and investment in India, and increase annual returns from them to 20% in 10 years, … Read more
Senior Indian government officials are preparing fresh policy briefs, especially on trade and investment, following the election of Donald Trump as the next US president, two officials told ET. During his campaign, Trump had threatened to impose tariffs on imports to protect US jobs.While the government hopes Trump’s second stint will further bolster India-US relations, … Read more
Larsen & Toubro (L&T) is acquiring 21% stake of E2E Networks. E2E is a listed Company It was founded in 2009 and got listed in 2018 The Company mainly offers public cloud to it’s customers 21% stake acquisition by L&T is a combination of primary and secondary 15% primary through preferential allotment @ 3,622/ share … Read more
As per speculation reports in most newspapers, Reliance is getting set for the telecom business IPO in 2025. Retail is rumoured to target later. Company has not officially confirmed this and has chosen not to respond. Telecom and Retail IPOs are much awaited developments from Reliance. In 2019, Reliance had informed to target for both … Read more
In an unusual directive, SEBI asked Embassy Office Parks Management Services, the manager of Embassy REIT, to suspend the CEO Aravind Maiya through an interim order. The regulator also told the Embassy to immediately appoint an interim CEO. The directive came in the wake of concerns about Maiya’s professional background following an investigation by the … Read more