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(Bloomberg) — Justice Department antitrust enforcers are reviewing whether Google’s planned $32 billion acquisition of cybersecurity company Wiz Inc. would illegally limit competition in the marketplace, according to people with knowledge of the matter. Officials in the department’s antitrust division, who are probing the deal, have been examining the contours of the Alphabet Inc. unit’s…
Domestic brokerage house Motilal Oswal Financial Services (MOSL) has said that the fourth-quarter earnings season for FY25 concluded on a robust note, with broad-based outperformance across key sectors. In its post-earnings analysis, MOSL pointed out that strong results from metals, oil marketing companies (OMCs), PSU banks, automobile firms, healthcare players, capital goods manufacturers, and technology…
“”The earnings season for the quarter ending March 31, 2025, began with leading IT firms releasing their financial results in the first week of April and concluded in the final week of May 2025. In Q4FY25, major Indian IT services company saw a quarter-on-quarter decline in revenue—marking the first time this has happened since Q1FY21,…
The Reserve Bank of India (RBI) last week issued a circular introducing an overall cap, barring entities regulated by it from investing more than 15% in alternative investment funds (AIFs). In case of a ₹100 crore fund, banks, cooperative banks, financial institutions and non-bank financial companies (NBFCs) put together cannot invest more than ₹15 crore….
Borana Weaves IPO: Textile manufacturer Borana Weaves will commence its public subscription today, Tuesday, May 20. Borana Weaves IPO on May 19, secured ₹65.2 crore from 11 institutional investors through an anchor book, a day prior to the issue opening, according to reports. The public offering will close on Thursday, May 22. Considering Borana Weaves…