Posted inMarket
Indo-MIM IPO Sees Strong Demand on Day 1, Subscribed 1.4 Times Led by NII Interest
Indo MIMs 500 crore IPO is off to a strong start with a 1.4x subscription on day one driven by massive interest from non institutional investors.
Posted inBusiness Insights
ITC Strategy Shift: Cigarette Portfolio Rearchitecture to Offset Tax Hikes Following 22% Stock Drop
Discover how ITC is restructuring its cigarette portfolio and raising prices to counter heavy tax hikes and recover from a major stock drop.
Posted inEmerging Market
Mavis Tire Acquires Pep Boys for $700 Million in Major Auto Aftermarket Consolidation
Mavis Tire is acquiring Pep Boys for 700 million dollars, adding nearly 800 locations to its massive North American automotive service network.
Posted inEmerging Market
Mavis Tire to Acquire Pep Boys for $700M in Major Automotive Aftermarket Deal
Mavis Tire is acquiring Pep Boys for 700 million dollars to expand its automotive service network to over 4400 locations nationwide.
Posted inEconomy
Volkswagen Weighs 50,000 Additional Job Cuts Amid Severe Cost Disadvantage
Volkswagen may cut another 50000 jobs globally to battle a severe cost disadvantage and rising competition. Read how this affects the auto giant.
Posted inBusiness Insights
Infosys Reports Slowest Q1 Growth in Six Years, Names Dash as CEO Amid Tech Slowdown
Infosys names Dash as CEO to navigate a global tech slowdown after reporting its weakest first-quarter revenue growth in six years.
Posted inBusiness Insights
NCLT Grants Byju’s Founders Interim Relief, Halts Insolvency Bidding Until August 31
The NCLT has stayed insolvency proceedings against Byjus until August 31, giving its founders a crucial window to resolve mounting debt disputes.
Posted inEmerging Market
Nike Restructures China Digital Footprint, Cutting Thousands of Online Distributors
Nike consolidates its digital sales in China by cutting thousands of online distributors to stabilize pricing and protect brand equity.
Posted inEconomy
India and EU Fast-Track Investment Protection and Geographical Indications Deals to Bolster Trade Ties
Discover how India and the EU are fast-tracking key investment and product protection deals to secure foreign capital and boost bilateral trade.
Posted inEconomy
PetSmart to Close Sole San Francisco Location as Digital Shopping Reshapes Pet Retail
PetSmart, the nation's largest pet specialty retailer, will permanently close its sole San Francisco storefront on July 19, marking the complete exit of the major brand's physical presence from the…
