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BUSINESS

SoftBank Turns against WeWork's parent CEO Neumann

September 23rd, 2019

Japanese VC firm Softbank a leading investor in Coworking startup WeWork decided to act against company's CEO Adam Neumann after company postponed its initial public offering.

BUSINESS

Essel Group sell Stake of 'ZEEL'

September 11th, 2019

Essel Group completes its online streaming platform ZEEL's 8.7 percent stake sale to Invesco Oppenheimer Developing Markets Fund.

BUSINESS

Paytm to buy Stake in Yes Bank from Co-founder Rana Kapoor

September 10th, 2019

Paytm founder Vijay Shekhar Sharma is in discussions with Rana Kapoor, co-founder of Yes bank to buy stakes in Yes Bank.

BUSINESS

A Clear Look at PayPal Benefits Vs. Risks

September 10th, 2019

The Benefits and Risks of using Paypal as an online money transaction for small businesses

BUSINESS

India's Top Biscuit maker Parle may cut up to 10,000 jobs Due to Economy Slowdown

August 22nd, 2019

India's Top Biscuit maker Parle may cut up to 10,000 jobs Due to Economy Slowdown.

BUSINESS

Alibaba Revenue Jumps 42 Percent in First Quarter

August 16th, 2019

China's biggest eCommerce company Alibaba 2019 first-quarter revenue beat analyst estimates.

BUSINESS

Saudi Aramco's H1 2019 net income slips to $46.9 bn

August 12th, 2019

Aramco said its first half net income for 2019 had slipped to $46.9 billion compared to $53.0 billion for the same period last year.

BUSINESS

SoftBank Group Triples Net Profit, Thanks to Alibaba

August 7th, 2019

Japan's SoftBank Group said its first-quarter net profit more than tripled thanks to exceptional gains related to the sale of shares in Chinese e-commerce giant Alibaba. The company announced a net profit of 1.12 trillion yen ($10.5 billion) for the three months to June, up 257.6 percent compared to the same period a year...

BUSINESS

Apple Profit fell 13 percent due to weak iPhone sales

July 31st, 2019

Apple reported its profit fell 13 percent due to weak iPhone sale. However, Apple's after service profit was increased by only $1.5 billion.

BUSINESS

Samsung Electronics Q2 net profit slumps 53%

July 31st, 2019

Samsung Electronics saw net profits slump by more than half in the second quarter due to weakening chip market and a trade row building between Seoul and Tokyo.

BUSINESS

Byju's may become Indian Cricket Team jersey Sponsor

July 25th, 2019

The Indian cricketers will soon be wearing a new brand name on their official jerseys with Chinese mobile manufacturer Oppo handing over the sponsorship rights to Byju's.

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