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Asia

Bangladesh wants revision of 2017 power purchase deal with Adani Power

Michael Grunwald Feb 3, 2023
Media reports suggested that the “high coal price” to be purchased for the Adani plant at India’s Jharkhand emerged as the key factor for the dispute Bangladesh has sought…
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Business Profiles

Berger Paints Q3 PAT down over 20% YoY; decorative business records decent growth

Michael Grunwald Feb 3, 2023
Berger Paints India reproted 20.48% decline in consolidated net profit to Rs 201.17 crore for the quarter ended 31 december 2022 as against Rs 252.97 crore in the correponding…
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Bitcoin

MicroStrategy’s Software Business Turns Profitable As Bitcoin Stash Appreciates

Michael Grunwald Feb 3, 2023
MicroStrategy MSTR +9%, the bitcoin investment vehicle attached to a business-software company, is likely to report its first quarterly profit in two years in results expected this…
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Business Profiles

The role of trust in business

Michael Grunwald Feb 3, 2023
More than ever before, organizations, and companies specifically, face global trends that negatively impact people’s trust. Economic and social polarization, concern for privacy…
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Health

Lupin Launches LYFE, its Digital Therapeutic Solution for Holistic Heart Care

Michael Grunwald Feb 3, 2023
Mumbai, India: Lupin Digital Health, a wholly-owned subsidiary of global pharma major Lupin Limited, today announced the launch of its digital therapeutics solution, LYFE. LYFE is…
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Logistic

Allcargo Logistics concludes deal to sell part of its logistics parks business to PE Blackstone

Michael Grunwald Feb 3, 2023
Synopsis As part of the deal, Blackstone will own 90 per cent of these logistics parks while the remaining 10 per cent will continue to be with Allcargo Logistics and will get…
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Company Announcements

Crompton Greaves hits 52 week low after weak Q3 results

Michael Grunwald Feb 3, 2023
Crompton Greaves Consumer Electricals was locked in lower circuit of 10% at Rs 199.10 after the company reported 41% decline in consolidated net profit to Rs 88.19 crore despite of…
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Google

Alphabet disappoints on sales as ad business slips after pandemic run-up

Michael Grunwald Feb 3, 2023
Shares of Alphabet were down nearly 5% in after-hours trading, after losing about 40% of their value in 2022. Alphabet Inc on Thursday posted fourth-quarter profit and sales…
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Stock Market

Angel One announces key business parameters for Jan’23

Michael Grunwald Feb 3, 2023
Angel one increased its client base to 12.89 million in the month of January 2023 recording a MoM growth of 3.1% and a YoY growth of 54.5%. The company achieved an overall…
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Europe

Europe Unveils $270 Billion Response To US Green Subsidies

Michael Grunwald Feb 2, 2023
London CNN — Stung by the Biden administration’s huge green subsidy program, the European Union unveiled plans for its own “Green Deal” Wednesday to cut red tape and deliver tax…
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