Search Results for: non-banking Financial companies

NCLT issues notice to SpiceJet over another unpaid operational debt

Financial Turbulence: SpiceJet's New Debt Default Crisis

The National Company Law Tribunal (NCLT) has issued a notice to the SpiceJet. The notice was issued in response to a plea by Techjockey Infotech Pvt Ltd, an operational creditor of the airline, seeking the initiation of corporate insolvency resolution proceedings against the beleaguered airline. Sep 24, 2024
Tech, biosciences CEOs meet with PM Modi, express 'immense optimism'

PM Modi's Tech Vision: CEOs Express Optimism

Prime Minister Narendra Modi held a meeting with 15 CEOs from the technology and biosciences sectors. This meeting took place in New York on September 23. The attendees included industry leaders from Nvidia, AMD, IBM, Adobe, Google, and biotech companies like Biogen and Moderna. The focus of the meeting was technology and innovation. Sep 23, 2024
markets, sensex

Post-Covid Investment Trends: Regular Returns and Tax Benefits Take Center Stage

The Covid-19 pandemic has shifted investment trends towards regular returns, tax benefits, and degree of returns, according to a report by the PHD Research Bureau, PHD Chamber of Commerce and Industry, and JIIMS, Rohini. The report analyzed investment behaviors over a four-year period, considering six financial instruments - mutual funds, bonds, stocks, derivatives, gold, and real estate. Sep 23, 2024
Vodafone Idea has finalized a deal worth $3.6 billion with global partners Nokia, Ericsson, and Samsung. The deal, which was announced on September 22, is aimed at supplying network equipment over a span of three years, thereby strengthening Vodafone Idea

Vodafone Idea Seals $3.6B Deal to Boost Indian Presence

Vodafone Idea has finalized a deal worth $3.6 billion with global partners Nokia, Ericsson, and Samsung. The deal, which was announced on September 22, is aimed at supplying network equipment over a span of three years, thereby strengthening Vodafone Idea's footprint in the country. Sep 22, 2024
Microsoft to reopen meltdown nuclear plant for AI energy needs

Tech Giant Taps Nuclear Power for AI Operations

Microsoft and Constellation Energy announced a groundbreaking deal to reopen the partially melted-down Three Mile Island nuclear plant, with the tech giant purchasing all the power for 20 years after the restart. Sep 21, 2024
September set to be busiest month for IPOs in 14 years: RBI

RBI Forecasts Record-Breaking IPO Activity in September

As Indian stock markets remain resilient amid global challenges, September is set to be the busiest month for initial public offerings (IPOs) in 14 years, with over 28 companies entering the market so far, according to the Reserve Bank of India (RBI). Sep 21, 2024
Oyo

Oyo's $525M Acquisition: A New Chapter in Global Hospitality

Boosting its international presence, Indian hospitality major Oyo's parent company Oravel Stays is acquiring Motel 6 and Studio 6 chain with about 1,500 facilities across the US and Canada from the investment company Blackstone in a $525 million cash deal, the US firm said on Friday. Sep 21, 2024
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