Category : Corporate News


FMCG Stock in Focus After Equity Base Expansion

A leading FMCG company has expanded its equity base through warrant conversion and a bonus issue, potentially boosting investor confidence and stock liquidity. Details on the corporate actions and market implications.

AgomAb IPO Debuts Below Price, Raises $200M

Clinical-stage biopharma firm AgomAb Therapeutics closed its first trading day 8.4% below its IPO price, raising $200 million. The Belgian company focuses on treatments for Crohn's disease and rare lung conditions.

WaPo Guild GoFundMe Hits $500K Post-Layoffs

The Washington Post Guild's GoFundMe for over 300 laid-off journalists has raised over $500,000, with funds aiding expenses like healthcare and visas. The layoffs cut one-third of the newsroom, sparking online backlash.

IndiGo and Air India Battle for Customer Loyalty

India's aviation giants, IndiGo and Air India, are aggressively expanding their loyalty programs to retain customers amid slowing passenger growth and rising costs. IndiGo's BluChip and Air India's Maharaja Club integration are key strategies.

Washington Post CEO Resigns After Mass Layoffs

Washington Post CEO and Publisher Will Lewis has resigned days after the company laid off one-third of its workforce. In his email to staff, he thanked owner Jeff Bezos and defended the difficult decisions made during his tenure.

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