On Wednesday, T services major Wipro has said that it would sell its software Workday and Cornerstone on Demand of the business to Illinois-based Alight for cash consideration of approximate worth of 110 million dollars. Following the closing of its ten year agreement that was announced in September in the last year 2018, Alight and […]
General Electric recently announced that the company is planning to sell its biopharma business to Danaher for $21 billion. Following the announcement, GE share price soared by 15% to $11.77 per unit. The giant industrial company stated that it had reached an agreement to sell its business to the Washington based firm, for a total […]
As the deadline for the United Kingdom’s exit from the European Union of 29th March approaches, the political class in the country has seen itself lurching from one crisis to the next and in a fresh twist, it has now emerged that there is a real possibility that the whole thing could no be delayed. […]
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 […]
On Saturday, Berkshire Hathaway, the American multinational conglomerate of Warren Buffett has posted that a rare share loss during the fourth quarter of last year, according to the reports made by the company. With the conglomerate’s bottom line taking a hit from its holdings in beleaguered consumer giant Kraft Heinz. Berkshire Hathaway has posted a […]
Termed as a temporary fall in investment inflows by a senior commerce and industry ministry official, the Modi government expects FDIs to pick up again soon. “India has opened up almost all sectors for foreign investors,” said the official. The government is also investing in building infrastructure, particularly roads, ports, railways and power plants, to […]
