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Convergent Finance LLP announces upto USD 9.6 Mn investment in Onward Tech
Updated : 4 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 27 (ANI/NewsVoir): Convergent Finance LLP, an investment advisor to Infinity Investment Management ('Infinity'), announced an investment of upto INR 702 million (USD 9.6 million) in Onward Technologies Limited ('Onward Tech'), a pioneer in the areas of engin
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Amazon buys MGM in USD 8.45 billion deal
Updated : 4 years, 10 months ago IST
Washington [US], May 26 (ANI): The movie studio home to the 'James Bond' franchise, entertainment company -- Metro Goldwyn Mayer (MGM)-- and Amazon on Wednesday announced a definitive merger agreement under which Amazon will acquire MGM for USD 8.45 billion.
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Hanwha Aerospace signs supply contract worth won 366 billion with GE
Updated : 4 years, 10 months ago IST
Seoul [South Korea], May 26 (ANI/Global Economic): Hanwha Aerospace announced on Tuesday that it has signed a contract to supply aircraft engine parts for approximately USD 320 million (about 360 billion won) with GE, an aircraft engine manufacturer.
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Obscure company offers to 'invest' $500 billion in national infra pipeline
Updated : 4 years, 10 months ago IST
Bengaluru (Karnataka) [India], May 24 (ANI): An obscure company Landamous reality ventures, which gave front-page advertisement on Monday offering to invest 500 billion USD in the National Infrastructure Pipeline and non-NIP projects listed by central government, was not found to be operatin
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Global steel prices to average $800 per tonne in H1: Fitch
Updated : 4 years, 10 months ago IST
Singapore, May 24 (ANI): Fitch Solutions has revised up its global steel price short-term forecast to an average of USD 800 per tonne compared with USD 660 per tonne previously as the persisting mismatch between supply and demand continues to edge prices higher.
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COVID impact: Singapore Airlines report record full year loss of USD 3.21
Updated : 4 years, 10 months ago IST
Singapore, May 24 (ANI): In a year when the airline and travel industry were pulverised by the COVID-19 pandemic, Singapore Airlines (SIA), co-owner of India's Vistara airlines with Tata Sons, reported a record full-year net loss of SGD 4.27 billion (USD 3.21 billion).
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Foreign investment drops 32.5 pc in 10 months in Pakistan
Updated : 4 years, 10 months ago IST
Karachi [Pakistan], May 23 (ANI): Pakistan likely to witness a financial crisis as the flow of foreign investment into the country's economy dropped 32.5 per cent to USD 1.55 billion in the first 10 months of the current fiscal year.
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Fun2App aiming to raise 15 Million USD in the next 3 months
Updated : 4 years, 10 months ago IST
New Delhi [India], May 21 (ANI/NewsVoir): Fun2App, a short-video sports maker application, is aiming to raise 15 Million USD in the next 3 months. The app has been creating a buzz amongst the sports buffs ever since its re-launch in 2021 after Kewal Kapoor took over as Consultant, Global Adv
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TMT Law Practice advises WinZo on USD 12 Million Buyback from Hike
Updated : 4 years, 10 months ago IST
New Delhi [India], May 21 (ANI/BusinessWire India): The increasingly competitive Real Money Gaming Industry in India - among the fastest-growing globally - has witnessed a fair number of deals and investment activity, especially over the last year.
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China's state pension system crisis: Hong Kong insurance sector eyes USD 1
Updated : 4 years, 10 months ago IST
Beijing [China], May 21 (ANI): China’s ageing population, with years of experience in underwriting medical and retirement products has snow-balled into crisis of its state pension system and Hong Kong insurance sector is seeking this opportunity to unlock USD 15.3 trillion of Beijin
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Priyanka Chopra, Nick Jonas raise their fundraising target to USD 3 millio
Updated : 4 years, 10 months ago IST
Washington [US], May 20 (ANI): Recently after achieving the target of collecting USD 1 million for India's COVID-19 relief fund, global star Priyanka Chopra along with her husband Nick Jonas announced that they have now raised their fundraising target to USD 3 million in order to help more p
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Once a sprawling conglomerate, China's biggest 'bad bank' stumbling with m
Updated : 4 years, 10 months ago IST
Hong Kong, May 19 (ANI): Once a sprawling Chinese financial conglomerate that had the trust of foreign investors -- Huarong -- is now under more than USD 40 million debt to domestic and overseas investors and is even showing signs of stumbling.
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