An agreement has been signed by Airbus and the Tata group to co-manufacture the H125 single-engine helicopters made by the European aircraft manufacturer and to establish a Final Assembly Line (FAL) for commercial use in Vadodara, Gujarat. By mid-2024, the 36-acre FAL will be prepared, and by November of that same year, operations will begin….
According to a press release issued by the Tel Aviv Stock Exchange on Wednesday, billionaire hedge fund manager Bill Ackman and his spouse Neri Oxman are purchasing a nearly 5% stake in the company. According to CNBC calculations, the announcement coincided with the Israeli exchange announcing the pricing of a secondary offering of 17,156,677 shares,…
The $100 million Plastic Waste Reduction-Linked Bond, which is principal-protected, has a seven-year maturity period and is priced by the World Bank (International Bank for Reconstruction and Development, or IBRD). With this novel bond, investors receive a financial return that is correlated with the Voluntary Carbon Units (carbon credits) and Plastic Waste Collection Credits (plastic…
With its initial breach of the $3 trillion mark on Wednesday, Microsoft’s stock value continues to be the second most valuable in the world, trailing only Apple in that regard. Since the beginning of the year, Microsoft and Apple shares have been competing to be the most capitalized stock on Wall Street; earlier in January,…
National Startup Day 2024: Prime Minister Narendra Modi declared January 16th as National Startup Day in 2024. The announcement was made on January 15, 2022, Startup India’s founding day. The day marks celebrations aimed at recognizing the startup community’s remarkable growth and contributions to the Indian economy. The Startup India initiative, which was launched in…
