by Jai Jain | Jun 27, 2020 | Business, Finance and Economy
Cash-strapped Kishore Biyani offered to sell a significant stake in his crown jewel Future Retail, as the retail giant tries to pare its debt levels. Future Group is also considering demerging the food business of Future Retail into an independent entity. Future...
by Jai Jain | Jun 13, 2020 | Business, Finance and Economy
Large pharmaceutical companies have used M&A to bolster their innovation for a long time, and that isn’t likely to change any time soon. Most of the big names in the pharma industry are results of such mergers. In a recent example, AstraZeneca approached rival...
by Jai Jain | Jun 3, 2020 | Finance and Economy, Koala's Outlook
Moody’s Investor Service, on Monday, reduced India’s long-term foreign-currency Credit rating to Baa3 from Baa2. Baa3 is the lowest investment grade – just one tiny notch above ‘junk’. The Credit rating agency surprised economists by keeping India on its negative...
by Jai Jain | May 26, 2020 | Business
Virgin Airlines collapsed on April 21, putting over 16,000 jobs under threat. The cash-strapped carrier announced it had entered “voluntary administration” to rehabilitate the business after being battered by the pandemic, which has crippled the global airline...
by Jai Jain | May 15, 2020 | Finance and Economy, Koala's Outlook
WhatsApp has grown rapidly to become the synonym of Instant Messaging in and around India. Created in 2009 by two former Yahoo employees, Brian Acton and Jan Koum, It is a messaging and Voice over IP (VoIP) service that allows users to send text messages, voice and...
