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Author: businessreputationdata

Business Updates

Warren Buffet-backed Berkshire Hathaway exits Paytm; sells entire 2.46% stake for Rs 1,371 crore

June 5, 2021By businessreputationdata

Berkshire Hathaway Inc through its affiliate BH International Holdings sold more than 1.56 crore shares of fintech company Paytm on the National Stock Exchange (NSE).

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Business Updates

Jio Financial Services, BlackRock to launch asset management venture

June 5, 2021By businessreputationdata

Wilful defaulters are not sanctioned any additional facilities by banks or financial institutions, and their unit is debarred from floating new ventures for five years.

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Business Updates

Zomato posts first quarterly profit since 2021 listing

June 2, 2021By businessreputationdata

Zomato reported a profit of 20 million rupees ($241,861.37) for the quarter ended June 30.

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Business Updates

IREDA, Tata Technologies to raise over Rs 5,000 cr from IPO market

June 1, 2021By businessreputationdata

Tata Technologies, the first company from the Tata Group launching an IPO in nearly two decades, has set the price band for its maiden public issue at Rs 475-500 per share

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Business Updates

Sensex slumps 551 pts, Nifty falls to 19,671; Bajaj Finance top laggard after Q2 results

June 1, 2021By businessreputationdata

Only Tata Motors, Sun Pharma, Maruti Suzuki, and M&M closed in the positive territory in the 30-share Sensex pack. Bajaj duo – Bajaj Finance and Bajaj Finance – were the top laggards.

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Business Updates

Dark patterns: Govt releases guidelines for public consultation

May 30, 2021By businessreputationdata

These dark patterns mislead people into doing something they originally did not wish to do, such as paying for items or services they did not intend to buy.

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Business Updates

‘Concerted bid to revive meritless Hindenburg report’: Adani Group rejects ‘hidden foreign investors’ allegations by OCCRP

May 30, 2021By businessreputationdata

“It is unfortunate that these publications, which sent us queries, chose not to carry our response in full,” the group said.

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Business Updates

Tata Steel seeks financial aid for Netherlands unit; to submit decarbonisation proposal to Dutch govt soon

May 30, 2021By businessreputationdata

Tata Steel Netherlands has been working intensely with Government of Netherlands on the contours of the decarbonization project covering emission and health standards.

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Business Updates

UK inflation unexpectedly falls, raising questions about BoE rates plan

May 30, 2021By businessreputationdata

The Office for National Statistics said the fall was driven by a drop in hotel prices and air fares, which are often volatile, and by food prices rising by less than at the same time last year.

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Business Updates

Consumer confidence marginally down: RBI survey

May 28, 2021By businessreputationdata

On the inflation front, household perception of current inflation inched up by 10 basis points to 8.9 per cent in the latest round of the survey, the RBI said in its inflation survey

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