News Overview

On 21 December 2022

Business Wire India Sonic Healthcare (ASX: SHL) to invest $17.8m to acquire a 19.99% equity holding in Microba at $0.26 per share and is seeking to acquire options for a further 5% stake – providing Sonic with a strategic shareholding in Microba. Microba and Sonic have agreed initial terms for a strategic partnership to deliver Microba’s microbiome testing technology into Australia, Germany, United Kingdom, Switzerland, […]

Five-Star Business Finance reported 22.35% rise in net profit to Rs 144.18 crore on a 17.29% increase in total income to Rs 361.86 crore in Q2 FY23 over Q2 FY22.

Recently, the data centre industry has attracted investments from plenty of players, including announcements from industrial conglomerates such as Adanis and Hiranandanis.

At meeting held on 28 November 2022

The unemployment rate in Japan came in at a seasonally adjusted 2.6 percent in October, the Ministry of Internal Affairs and Communications reported. The job-to-applicant ratio was 1.35, in line with forecasts and up from 1.34 in the previous month. The participation rate ticked down to 62.8 percent, shy of expectations for 63.0 percent – which would have been unchanged from the September reading.Powered by […]

The Ahmedabad NCLT is scheduled to hear the matter on a resolution plan on December 7, according to the tribunal's website.

The key equity indices traded with modest gains in the morning trade. The Sensex and the Nifty hit record high levels. The Nifty traded above the 18,600 level. FMCG, metal and consumer durables stocks were in demand while oil & gas, PSU bank and media shares corrected. At 10:30 IST, the barometer index, the S&P BSE Sensex, was up 257.14 points or 0.41% to 62,761.94. […]

Hindustan Aeronautics said that the Ministry of Defence has conveyed that C B Ananthakrishnan, Director (Finance), will hold the additional charge for the post of Chairman & Managing Director of the company, for a period of three months.

Yes Bank has entered into a share subscription and purchase agreement with JCF ARC LLC and J.C. Flowers Asset Reconstruction (JC Flowers ARC) and a shareholders agreement with JCF ARC LLC, JC Flowers ARC and Emso Asset Management on 28 November 2022 in relation to its acquisition of up to 19.9% of the equity share capital of the JC Flowers ARC by the Bank, with […]