Revolut has received a full UK banking licence, lifting restrictions and allowing it to offer current accounts.
Category: Companies
Latest news on Indian companies, earnings, corporate actions, strategy, and sector developments.
Janus Henderson says Victory’s proposal not superior to Trian, General Catalyst deal
Janus Henderson's board found Victory Capital's buyout offer not superior to the Trian-General Catalyst agreement.
Exclusive: Shell, TotalEnergies and others declare FM to their clients who take LNG from Qatar
Shell, TotalEnergies and others have declared force majeure to customers taking LNG from Qatar through them.
India GAIL buys Oman LNG cargo, sources say
Indian gas firm GAIL has purchased a liquefied natural gas cargo from Oman. This move is part of India’s effort…
Indian fintech firm Cred gets payment aggregator nod from central bank
Indian fintech firm Cred approved as payment aggregator by the central bank.
Italy’s MPS, Mediobanca approve merger plans after boardroom crisis
Italian banks MPS and Mediobanca approved merger plans following boardroom tensions and a CEO vote.
Private equity firm CVC posts annual profit slightly above expectations
CVC Capital Partners reported an annual profit that slightly exceeded expectations.
Bank of America poaches four top tech bankers to boost tech dealmaking, memos show
Bank of America hires four veteran tech bankers to expand in technology dealmaking.
BofA expects rising interest income, investment banking fees in first quarter
Bank of America expects net interest income to grow 7% and investment banking fees to rise 10% in Q1.
Active Dynamics buys First Brands’ Walbro business for $50 million
Active Dynamics acquires First Brands’ Walbro business for $50 million amid bankruptcy.
Air India to raise fuel surcharge amid rising jet fuel prices
Air India will expand its fuel surcharge on domestic and international routes due to higher jet fuel costs.
India’s Reliance Industries says maximizing LPG output
Reliance Industries maximizes LPG production and prioritizes domestic natural gas sectors.
Elon Musk’s SpaceX weighs Nasdaq listing after seeking early index entry, Reuters sources say
SpaceX seeks early Nasdaq 100 index inclusion as condition for potential listing on tech exchange.
JPMorgan hires senior banker to strengthen mid-cap investment banking
JPMorgan Chase hired Firdaus Pohowalla as managing director to boost mid-cap M&A team in North America.
Analyst Target Adjustments Hit Accenture (ACN), Thomson Reuters (TRI) and TELUS (TU)
Analyst target price adjustments affecting Accenture, Thomson Reuters, and TELUS are drawing market attention this week.
MFS creditors claim $1.8 billion shortfall, Bloomberg News reports
Creditors of UK’s Market Financial Solutions face a £1.3 billion shortfall, according to court filings.
Citigroup sees mid-teens growth in first-quarter investment banking fees
Citigroup anticipates mid-teens percentage growth in first-quarter investment banking fees, CEO Jane Fraser said.
Legal AI startup Legora raises $550 million to speed up US expansion
Sweden-based legal AI startup Legora raised $550 million in Series D funding at $5.55 billion valuation.
IndiGo CEO resigns after widespread outage
IndiGo CEO Pieter Elbers resigns following the airline's largest operational crisis and scrutiny from public and government.
Investors turn to India as private market outpaces regional peers, McKinsey survey shows
India leads Asia-Pacific private markets as investor preference shifts, McKinsey and IVCA survey finds.
Sauce, spice makers attract deal interest as GLP-1s send Americans looking for hot stuff
Weight loss trends driven by GLP-1 drug use boost demand for sauces and spices in the U.S.
India’s small steelmakers face production cuts amid LNG shortages due to Iran war
India's small steel producers warn of production cuts as Middle East conflict disrupts gas supplies.
LME to move to automated expiry process for metal options from September
The London Metal Exchange will introduce an automated expiry process for metal options starting September 21, 2026.
Exclusive: Elon Musk’s SpaceX weighs Nasdaq listing after seeking early index entry, sources say
SpaceX considers a Nasdaq listing as it seeks early entry into the index, potentially creating the largest IPO.
Currency, tax risks tempering private equity optimism in India, investors say
Currency depreciation and taxes limit private equity returns in India despite strong growth and exit prospects.
