Shapoorji Pallonji and Co. is reportedly engaging with bankers to secure approximately $300 million for debt refinancing. Sources indicate the construction giant may opt for an Indian rupee loan, collateralized by shares of Afcons Infrastructure and real estate holdings. The…
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Reliance Infrastructure and Reliance Power on Thursday said SBI’s classification of Reliance Communications’ loan account as fraud has no impact on their operations, financials, or stakeholders.
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Motherson Sumi Wiring India Limited has appointed Mr. Gulshan as its new Chief Financial Officer, effective July 2, 2025. He brings over 14 years of experience in finance, audit, and corporate restructuring, particularly within the automotive sector. His expertise includes…
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The Microsoft layoffs 2025 affects as much as 4%, or roughly 9,100, of its employees. Microsoft had also announced layoffs in May, which affected around 6,000 employees.
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Ecommerce platform Meesho has filed a draft red herring prospectus with Sebi for its upcoming IPO, aiming to raise about Rs 4,250 crore ($500 million). The filing was done under Sebi’s pre-filing route, allowing companies to keep the details of…
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Wall Street firms are turning less bullish on the outlook. Jefferies analysts said this week that the risk-reward for Dixon appears stretched and reiterated its underperform rating, while Morgan Stanley downgraded the stock to a sell equivalent.
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