News Overview

Business Wire India  Company achieves 486% YoY growth and develops global accommodation technology to help employees of Fortune 2000 companies book and manage at scale smart, safe and sustainable flexible living Female founded AltoVita receives backing from Novum Capital Partners and Fifth Wall to help with its 2023 mission to reshape the technology landscape and build the largest inventory in the corporate accommodation sector, delivering […]

Business Wire India Cyril Amarchand Mangaldas advised Adani Ports and Special Economic Zone Limited (Adani Ports) on its acquisition 49.38% shareholding in Indian Oiltanking Limited (IOTL) from Oiltanking India GmbH as well as 10% shareholding in IOT Utkal Energy Services Limited from Oiltanking GmbH. IOTL is one of India’s largest developer and operator of liquid storage facilities, and post this transaction, Adani Ports would become […]

To 29 December 2022

The Reserve Bank of Indias monetary policy committee (MPC) on December 7 hiked the key repo rate by 35 basis points (bps) to 6.25 % in its December 2022 meeting, continuing its fight against inflation. The central bank has raised its key policy rate as inflation continues to stay above its tolerance band. RBI had slashed the repo rate in March, 2020 with an aim […]

REC rose 1.04% to Rs 112.05 after the company said that its board approved sale & transfer of MP power transmission package-I to Megha Engineering & Infra.

RBI raises benchmark interest rate by 35 basis points

Australias gross domestic product expanded 5.9 percent on year in the third quarter of 2022, the Australian Bureau of Statistics reported. On a seasonally adjusted quarterly basis, GDP picked up 0.6 percent – slowing from 0.9 percent in the previous three months. Capital expenditure was down 0.2 percent on quarter after rising 0.2 percent in Q2, while the GDP deflator added 0.2 percent on quarter […]

Kama Holdings advanced 1.12% to Rs 14,100 after the company said that its board will consider share buyback on Monday, 12 December 2022.

Business Wire India Outseer, a leading provider of payment authentication and account monitoring solutions, announced today the appointment of Yogesh Patel as CTO & Chief Data Scientist. In his new role, Patel will lead the technology and data science teams in pursuit of Outseer’s mission to liberate the world from financial fraud.   Throughout his career Patel has led the architecture, development, and implementation of […]

This comes amid a group-wide crisis at Vodafone, the Aditya Birla group's Newbury (Berkshire)-based partner in Vi.