India’s third-largest private bank, Axis Bank is planning to purchase a 29% stake in leading insurance company, Max Life Insurance. Reportedly, the bank’s board of directors has approved the acquisition of an additional 29% stake in th
Category - Business News
Amazon India, the Indian subsidiary of e-commerce giant Amazon Inc., has reportedly strengthened its partnership with the Indian Railways to facilitate faster deliveries for customers amid the global pandemic. The part
Boeing, an American multinational corporation, has recently entered a $4.2 billion deal to acquire the commercial plane division of Embraer S.A., its Brazilian rival. The two compan
The merger deal is to be valued at 6.2 billion pounds. This deal follows CMA’s nod to the Amazon and Deliveroo merger.
Alibaba Group Holding Ltd., a multinational firm from China, has reportedly said that it will be investing about 200 billion yuan (USD 28 billion) in cloud infrastructure over the span of three years. This plan has eme
Australian airline, Virgin Australia has reportedly called for a seven day-suspension of its trading shares. The airline, which is facing a potential shut down due to the ongoing COVID-19 crisis, appealed to the Austra
Britain supermarket Tesco has reportedly introduced six major changes to its stores, to combat the ongoing COVID-19 pandemic. While some of these changes include the elimination of restrictions spanning most of its pro
EV startup Damon Motorcycles recently announced that it has secured US$3 million in additional investments. It has also acquired the intellectual property portfolio of San Francisco-based Mission Motors.
EasyJet Plc, a UK-based low-cost airline, has reportedly secured a loan of approximately £600 million from the UK treasury as well as the emergency coronavirus fund of the Bank of England in an effort to stay afl
Despite talks over acquisition with American multinational technology firm Google, wearable medical device company Fitbit has reportedly launched the Charge 4- the latest product in its portfolio of Charge devices whic