Senior PLC To Acquire Spencer Aerospace In A $60 Mln Deal

U.K.-based Senior plc (SNR), engaged in the business of aerospace and defense components worldwide, on Thursday announced the signing of a definitive agreement to acquire substantially all of the assets of California-based Spencer Aerospace Manufacturing, LLC, a unit of Pivotal Manufacturing Group, LLC. Senior has agreed to pay 48 million pounds ($60 million) for Spencer […]

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Do not get carried away by alternative investment products

Expressive investments should be made from savings after setting aside capital for your life goals If watches are meant for only time management, then why do some individuals own a Patek Philippe? Similarly, if cars are meant for only transportation, then why desire a Bugatti Chiron? Clearly, our desire to own products goes beyond the […]

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HUL Q3 net rises 17% to ₹2,243 cr.

High inflation, raw material prices may pressure margins in near term, says CMD Hindustan Unilever Ltd. (HUL), India’s largest consumer goods maker, reported standalone third-quarter net profit grew 17% to ₹2,243 crore aided by strong all-round performance but warned that high raw material costs and inflation could hit margins in the near term. EBITDA margin […]

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‘Omicron more of a flash flood than a wave, lifting prospects’

Overall economic activity strong, RBI officials say in bulletin Overall economic activity in India remains strong, with upbeat consumer and business confidence and uptick in several incoming high-frequency indicators, despite the outbreak of the Omicron variant of the virus causing COVID-19, Reserve Bank of India officials wrote in an article in the RBI Bulletin. “As […]

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‘E-commerce hiring rose 28% in 2021’

Employment opportunities in the e-commerce and allied industries witnessed a 28% surge in 2021, and recruitment activities in this segment will gain further momentum driven by economic recovery and aggressive vaccination drive, according to TeamLease Services. The ector grew by 8% in 2020 and 30% in 2021. It is now poised to reach $111 billion […]

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