U.S. Markets The SPX Index and NDX Index are down 0.28% each and are currently trading at $6,678 and $24,560, respectively. From a fundamental standpoint, in yesterday’s session, US markets witnessed a positive foot led by tech after Huang said that revenue from hardware could total $1
Equity
NMDC Group announced that NMDC LTS, a wholly owned subsidiary of the Group, completed the acquisition of a 70% stake of the share capital and voting rights in Emdad, an integrated service provider specializing in the oil and gas, utilities, and industrial sectors. The transaction was financed through debt and equity. This strategic acquisition enables […]
IndusInd International Holdings (IIHL), the promoters of IndusInd Bank, which has a representative office in Dubai offering NRI services, today assured support to the bank facing scrutiny over accounting discrepancy issue across its derivatives trades. In a statement, Ashok P. Hinduja, Chairman, IIHL, expressed his “unequivocal trust in the Chairman & Board of
Securing the high-end watch brand’s future Global luxury powerhouse Chanel has acquired a 25% stake in MB&F, ensuring the high-end Swiss watch brand’s stability and long-term growth while maintaining its independence. The strategic partnership, revealed on August 22, 2024, sees MB&F founder Maximilian Büsser retain the majority share of 60%, with his partner
Ambitious aim for private equity fund Stockholm, Sweden-based EQT has announced its target fund size for EQT Private Capital Asia’s BPEA Private Equity Fund IX (BPEA IX) at $12.5 billion. The final size of the fund will be determined based on the outcomes of the fundraising process and could exceed or fall short of the […]
Takeda (TSE:4502/NYSE:TAK) today announced the selection of eight new U.S. non-profit organizations as grant recipients, as part of its $14.6 million commitment to its FY2023 U.S. Corporate Social Responsibility (CSR) program. To create greater impact and foster equity in under-resourced communities, the company is focusing its philanthropic efforts on the two















