Stocks that will see action today Singaporean sovereign wealth fund Temasek Holdings on Thursday sold its entire 5.42 per cent stake in Policybazaar’s parent firm PB Fintech for ₹2,425 crore through open market transactions. Temasek Holdings’ wholly-owned subsidiary Claymore Investments (Mauritius) Pte Ltd sold the shares of PB Fintech in three tranches on the BSE. Meanwhile, US-based financial […]
THE THREE-WAY FIGHT FOR THAILAND’S FOOD DELIVERY MARKET Thailand has a large and diverse market for food delivery apps, thanks to its population of more than 69 million, its growing middle class, and its rich food culture. In a society where convenience reigns supreme, food delivery applications have revolutionized the way many people access meals. […]
Paytm CEO meets RBI to address regulatory concerns, says report The Reserve Bank of India instructed Paytm Payments Bank to stop accepting new deposits and issuing new credits starting February 29th Paytm CEO Vijay Shekhar Sharma and company officials held a meeting with the Reserve Bank of India (RBI) on Monday to present a plan for […]
NatWest may ‘tell Sid’ to buy shares in June The sale of shares in NatWest to the general public could happen as early as June, UK Government Investments (UKGI) has confirmed. The Treasury still owns 35% of the bank since it bailed it out to the tune of £46bn during the 2008 financial crisis. But UKGI, […]
POSCO BEGINS CONSTRUCTING SECOND CATHODE FACTORY – PULSE BY MAEIL BUSINESS NEWS KOREA POSCO Future M Co., a subsidiary of South Korean steelmaker POSCO Group specializing in battery materials, began the construction of its high-nickel cathode material facilities on the south coast of Korea. POSCO FUTURE M President Kim Jun-hyung and Samsung SDI Co. Vice […]