Posted at 17:20h
in
News
by KMFSLLP
Executives warn plan to pool liabilities could let employers ‘off the hook’
...
Posted at 16:47h
in
News
by KMFSLLP
April 2 (Reuters) - General Electric Co's healthcare
unit said on Monday it would sell its information technology
business to private equity firm Veritas Capital for $1.05
billion in cash as it sharpens its focus on smart diagnostics
and connected devices.
...
Posted at 16:45h
in
News
by KMFSLLP
KIEV, April 2 (Reuters) - Ukraine's largest bank,
PrivatBank, said on Monday it had filed a $3 billion lawsuit
against the Ukrainian and Cypriot subsidiaries of international
accounting firm PwC for alleged breaches during audits of the
lender in 2013-2015.
Posted at 16:39h
in
News
by KMFSLLP
April 2 (Reuters) - Fintech company GreenSky LLC has
confidentially filed for an initial public offering with the
Securities and Exchange Commission, the Wall Street Journal
reported on Monday, citing people familiar with the matter.
Posted at 16:35h
in
News
by KMFSLLP
MUMBAI, April 2 (Reuters) - ArcelorMittal SA,
Vedanta Resources and a group comprising Russia's VTB
and top Indian steelmaker JSW Steel have bid
for bankrupt steelmaker Essar Steel India, the companies said,
after a deadline for bids on Monday.
Posted at 16:21h
in
News
by KMFSLLP
April 2 (Reuters) - General Electric Co said on
Monday it would sell its financial management, ambulatory care
and workforce management software unit from its healthcare
business to private equity firm Veritas Capital for $1.05
billion in cash.
Posted at 15:50h
in
News
by KMFSLLP
NEW DELHI, April 2 (Reuters) - ReNew Power, backed by
Goldman Sachs and Canada Pension Plan Investment Board (CPPIB),
said on Monday it has acquired Ostro Energy Private Ltd, backed
by London-based Actis LLP, in one of India's biggest renewable
energy deals.
Posted at 15:45h
in
News
by KMFSLLP
NEW DELHI, April 2 (Reuters) - A massive $32 billion bailout
package https://in.reuters.com/article/india-economy-banks-copy/india-embarks-on-32-4-billion-state-bank-recapitalisation-to-boost-economy-idINKBN1CU07G
for India's dominant state-run banks will not happen again and
lenders will have to find their own funding by selling non-core
assets and merging with each other, a senior government official
said on Monday.
Posted at 15:22h
in
News
by KMFSLLP
Figures at odds with anecdotal reports that companies have been holding off decisions
...
Posted at 15:01h
in
News
by KMFSLLP
April 2 (Reuters) - Hedge fund Elliott Management Corp on
Monday disclosed a 10.3 percent stake in Commvault Systems Inc
and nominated four directors to the data software
developer's board, sending the company's shares up almost 12
percent.