Google agrees to addition privacy protections in Spirit Airlines data sale
SPIRIT-GOOGLE:Google agrees to addition privacy protections in Spirit Airlines data sale
Companies
The latest companies stories, updated through the day.
New World’s Top Shareholder Seeks $637 Million Bank Loan
Chow Tai Fook Enterprises Ltd., an investment arm of Hong Kong’s billionaire Cheng family, is seeking about HK$5 billion ($637 million) in fresh funding from banks, according to people familiar with the matter.
Anthropic IPO: Check OpenAI, Amazon, Alphabet, Pentagon connection; how CEO Amodei’s housemates, sister too related
Founded in 2021 by former OpenAI employees, the Claude developer counts Amazon, Alphabet, Microsoft and Nvidia among its major backers
CCI clears Advent International's Rs 3,150 crore investment in Yatharth Hospital
Advent International has officially secured the green light from the Competition Commission of India to channel an impressive Rs 3,150 crore into Yatharth Hospitals through its affiliate, Rasmalai Limited. Post-investment, Advent will own a 24.9 percent minority stake in the healthcare entity, which…
Blackstone to invest ₹5,000 crore in IIFL Finance for 16% stake
Blackstone will invest ₹5,000 crore in IIFL Finance for a 16% stake on a fully diluted basis, giving the lender a stronger capital base to expand its secured lending business. The deal, part of a ₹6,414-crore fundraise, marks a major private equity bet on India's NBFC sector.
Resolven mobilises USD 900 million financing this year
Resolven has successfully mobilised USD 900 million in financing from 15 diverse lenders this year. The funds consist of USD 700 million in debt financing and USD 200 million in non-fund lines. Earlier this year, the company became an independent renewable energy entity focusing on growth projects.…
NMDC in talks with Russia's Rosatom over lithium investments, sources say
Indian state-run miner NMDC Ltd is in talks with Russia's Rosatom to invest in lithium projects. These discussions are part of India's strategy to secure supplies for battery and EV industries. NMDC aims to enhance its global mineral diversification strategy and has formed a team for due diligence.…
Vande Bharat Sleeper is not offering some features passengers are used to on regular trains: No Tatkal, no RAC, no waiting list and fixed fares; check all the rules before booking
The newly introduced Vande Bharat Sleeper trains are expected to make long-distance overnight journeys more comfortable, but passengers should be aware of a few important booking rules before planning their trips. Indian Railways has kept some features of the regular reservation system out of these…
Bengaluru-Mangaluru Vande Bharat would take just 7 hours to travel between the two cities, saving up to 9 hours compared with other express trains; check launch date and stops
Railway Minister Ashwini Vaishnaw said on Sunday that the Bengaluru-Mangaluru Vande Bharat Express will start within the next few weeks. He said electrification and testing on the route are complete. He said the train will give Mangaluru, Udupi and the coastal belt towards Karwar and Goa world class…
Who are James Gunn and Peter Safran of DC Studios — Why are they stepping down? Who from Marvel is replacing them?
Former Marvel executive Jeremy Latcham has been appointed as the new president and chief creative officer of DC Studios
Who is RamG Vallath? Meet ex-Airtel COO who left corporate life to become a speaker; what he said about work stress
Former Airtel COO RamG Vallath once dreamed of becoming the CEO of a Fortune 500 company. But a rare autoimmune disorder left him paralysed in his 40s, forcing him to step away from corporate life. He has now spoken about workplace stress, his health battle, and rebuilding his career.
Air India considers departed Garuda CFO for top finance position
Most recently, Kunduvara was finance chief for Garuda Indonesia, a position he recently left after holding the job for little more than a year. Prior to that, he spent more than two decades at Singapore Airlines, which is a partial owner of Air India alongside conglomerate Tata Group.