Business

Most Businesses to Tighten Belts Next Year No Business Sector Expected to Improve Next Year Domestic Consumption Shows Signs of Slowing Further Businesses Remain Pessimistic Despite Year-End Sales Boost Businesses More Pessimistic Than Ever Business Sentiment Falls to Lowest Level in Nearly 3 Years Business Sentiment Marks Record Low Since 2016 Businesses Remain Pessimistic Business Prospects Grow Dimmer Business Sentiment Remains Gloomy Business Outlook for February Bleakest in 7 Months Business Sentiment Hits 3-Year Low … [Read more...] about Big Businesses’ Credit Ratings Decline

Big Businesses' Credit Ratings Decline Most Businesses to Tighten Belts Next Year Domestic Consumption Shows Signs of Slowing Further No Business Sector Expected to Improve Next Year Businesses More Pessimistic Than Ever Business Sentiment Falls to Lowest Level in Nearly 3 Years Business Sentiment Marks Record Low Since 2016 Businesses Remain Pessimistic Business Prospects Grow Dimmer Business Sentiment Remains Gloomy Business Outlook for February Bleakest in 7 Months Business Sentiment Hits 3-Year Low … [Read more...] about Businesses Remain Pessimistic Despite Year-End Sales Boost

In return, the Wadhawans allegedly “paid kickbacks of Rs 600 crore” to former Yes Bank CEO Rana Kapoor and his family members in the form of loans to DoIT Urban Ventures (India) Pvt Ltd held by the wife and daughters of Kapoor, the CBI has claimed. … [Read more...] about Supreme Court dismisses anticipatory bail plea of DHFL promoters in Yes Bank money laundering case

U.S. residential solar installer Sunrun Inc said on Monday it will buy peer Vivint Solar for about $1.46 billion in an all-stock deal.Vivint Solar shareholders will receive 0.55 shares of Sunrun for each share held, the companies said in a statement, representing a premium of 10.4 per cent to Vivint's Monday close.The deal, unanimously approved by the companies' boards, is valued at $3.2 billion including debt.Sunrun's shareholders will hold about 64 per cent of the combined company, with the rest owned by Vivint Solar's stockholders.The deal is expected to deliver annual cost savings of about $90 million, the statement said.Credit Suisse Securities was the financial adviser to Sunrun, while Morgan Stanley and BofA Securities advised Vivint.Vivint Solar in May reported an adjusted loss of $1.01 per share in its first-quarter results while withdrawing its full-year forecast. Sunrun posted a net loss of 23 cents per share for the same period.Business Insider reported in April that Sunrun … [Read more...] about Solar energy company Sunrun to buy peer Vivint Solar for about $1.46 bln

India restricted liquor sales when it announced a nationwide lockdown in March. Hundreds of people queued up at liquor stores in May when some restrictions were eased, and the liquor industry had been lobbying with many states to allow online deliveries. … [Read more...] about Amazon signals entry into alcohol delivery in West Bengal