In the times when almost all emerging, as well as developed nations, are worried about a potential recession, India’s expectation of growth in GDP is much talked of. In a recent interview, India’s minister of state for civil aviation said that India’s economy is “well positioned” for showing a decent growth as factors like government […]
On Wednesday, the Reliance Industries received the final remarks from the market regulator SEBI (Substantial Acquisition of Shares and Takeovers) over the proposed open offer to the shareholders of Hathway cable, Den Networks Limited and Datacom Limited. The open offer to the respective shareholders will be initiated by the Reliance Industries on the basis of […]
The main motive of Malta Digital Exchange was to boost effectiveness and thereby, make use of a trading system that is blockchain-based to reduce the costs. The exchange is planning to integrate the complete spectrum of services offered by the exchange which will consist of settlement, listing, be in charge of AML/KYC and processes, execution, […]
The China equity market headline indices rose on Friday as there was confirmation that the MCSI will increase the weight of the Chinese stocks in its global benchmark. The benchmark Shanghai Composite Index rose by 0.23% to 2,947.74. The blue-chip CSI300 index increased by 0.6% to 3,690.89, the Shenzhen Composite Index fell by 0.1% to […]
According to the journal of The Wall Street, the Embattled lender, German-based Deutsche Bank has lost about 1.6 billion dollars on a single bond trade that has involved insurance from Berkshire Hathaway, the American multinational conglomerate of Warren Buffett. According to the report, earlier in 2007, the bank has bought a portfolio of municipal bonds […]
Investment banking giant Goldman Sachs has backed the US construction finance platform, Rabbet. The startup, which engages in software development aimed to make construction finance more efficient, announced on Wednesday that it had closed an $8 million Series around backed by Goldman Sachs, along with QED Investors and Camber Creek. Formerly known as Contract Simply, […]
