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Industry News

An agreement is reached by Reliance Group with 90 percent plus of its creditors

Reliance group run by Anil Ambani has reached an in-principle agreement with more than 90 percent of its lenders. According…

Philadelphia Energy Solutions in Trouble Again

Philadelphia Energy Solutions Inc (PES) is the owner of the oldest and largest refinery on the U.S. East Coast. It…

EU Blocks Rail Merger Between Alstom and Siemens

The Finance minister of France Bruno Le Maire expressed his resentment at a decision taken by the European Union (EU)…

IIFL to sell Commercial Vehicle finance business to IndoStar Capital

Giant NBGC IndoStar Capital Finance Ltd has reportedly bindingly agreed to buy the commercial vehicle finance arm of India Infoline…

Small Market Eyeballs a Major Theme in Budweiser’s Big Super Bowl Push

Anheuser-Busch InBev is reportedly big on its ads for the Super Bowl this Sunday and apparently, the big theme this year…

Products Vanish from Amazon India Website as New Rules Come into Effect

New e-commerce rules in India that went effect in the country on the 1st of February has resulted in Amazon…

Revolut plans to create a global licensing team to procure banking, trading and credit licenses around the world.

In a bid to cement its position in the global digital banking market space, Revolut recently shared plans to build…

UK Supermarket Mega-Merger Could Lead to Closure of 132 Stores

Mergers and acquisitions continue apace in the United Kingdom as the Brexit shadow looms large over the horizon and a…