COVID Disrupts Health Services In Over 90% Of Countries: WHO
Disruptions in basic health services such as vaccination programmes and treatment of diseases like AIDS were reported in 92% of 129 countries, a World Health Organization survey on the impact of the COVID-19 pandemic showed on Monda The survey, conducted in November-December 2021, showed services were “severely impacted” with “little or no improvement” from the […]
Sensex Climbs 696 Points, Nifty Ends At 17,780 As Budget Cheer Continues; Banks, Financial Stocks Gain
The frontline equity indices on the BSE and National Stock Exchange (NSE) settled higher for the third consecutive session, closing with over 1.1 per cent gains on Wednesday as the post-Budget rally continued for the second session with intense buying in banking and financial stocks amid supportive global cues The S&P BSE Sensex surged 695.76 […]
BlackBerry To Sell Patents Related To Mobile Devices, Messaging For $600 Million
BlackBerry Ltd said on Monday it will sell its legacy patents primarily related to mobile devices, messaging and wireless networking for $600 million to a special purpose vehicle formed to acquire the company’s patent asset BlackBerry said the transaction with the vehicle, Catapult IP Innovations Inc, will not impact customers’ use of its products or […]
Sebi Advises MFs To Stop Investing In Int’l Stocks
The Securities and Exchange Board of India (Sebi) has advised mutual funds investing in overseas securities to stop further investments in foreign stocks to avoid breach of industry-wide overseas limits, two industry executives independently confirmed to Mint on the condition of anonymity Mutual funds can make overseas investments up to $1 billion per mutual fund, […]
World Food Prices Ease In Dec, But Hit 10-Year Peak In 2021: FAO
World food prices eased in December after four consecutive monthly gains but jumped 28% over 2021 for the highest average level since 2011, the U.N. food agency said on Thursda The Food and Agriculture Organization’s (FAO) food price index, which tracks international prices of the most globally traded food commodities, averaged 133.7 points last month compared with […]
IPO-bound Delhivery Announces Investment In Falcon Autotech
IPO-bound logistics service Delhivery has announced its investment in Falcon Autotech, a logistics automation solutions provider. This is in line with Delhivery’s stated objective of sustained investments in future-ready hardware solutions in its operations The amount invested is undisclosed by both the firms. With this partnership, Delhivery expects to work closely with Falcon Autotech to design […]
Sensex Reclaims 60,000 Mark; FPI Buying, Macroeconomic Data Buoy Sentiment
The Sensex reclaimed the 60,000 mark after seven weeks, despite rising Covid-19 cases, as the benchmark indices closed higher for the fourth straight session on Wednesday Inflows from foreign portfolio investors (FPIs), expectations of good quarterly results, and optimism triggered by positive macroeconomic numbers enthused investors. The Sensex gained 367 points, or 0.6 per cent, to close at 60,223, […]
Capricorn Investment Group Takes 20% Stake in Norselab’s European Impact Investment Platform
OSLO, Norway & NEW YORK–(BUSINESS WIRE)–Capricorn Investment Group makes their first move into the Nordic venture space with their investment in Norselab, an Oslo-based European impact investment manager for private capital With their thoughtful approach to innovative impact investments, Norselab stands out as an ideal partner to expand our presence into the Nordics and Europe. […]
