Google’s breakup is starting to get priced in
Sat, Sep 14, 2024 8:06 PM

Google’s breakup is starting to get priced in

A Flip by Avya Verma
Get it on Google Play
The federal government is a long way from actually breaking Google up. Investors are starting to treat the possibility as a foregone conclusion. The trial for the Justice Department’s second antitrust case against the internet titan started Monday. That comes a month after Google lost first case, with a federal judge ruling that the company engaged in illegal practices to maintain its dominance.

More great flips

GE T&D India promoters to sell 11.7% stake via OFS at ₹1,400 per share

GE T&D India promoters to sell 11.7% stake via OFS at ₹1,400 per share

Power transmission and distribution solution provider GE T&D India Ltd's promoters, Grid Equipments Private Ltd and GE Grid Alliance B.V. (formerly Alstom Grid Holding B.V.), announced a proposed offer for sale (OFS) on Wednesday (September 18). The floor price of the offer will be ₹1,400 per equity share. The OFS involves up to 11.7% of the company’s equity share capital.

Open Flip
Govt to launch Rs 1,000 cr Credit Guarantee Fund to boost pledge financing

Govt to launch Rs 1,000 cr Credit Guarantee Fund to boost pledge financing

The Union government said it will soon launch a Rs 1,000-cr credit guarantee fund to increase lender confidence in pledge financing against electronic Negotiable Warehouse Receipts for farmers and traders using WDRA-registered warehouses. Food Secy Sanjeev Chopra told reporters at New Delhi on Sept 18 that the fund, with a corpus of Rs 1,000 cr, will address the anticipated credit risk of lenders.

Open Flip
BL Kashyap adds to order book with new ₹221-crore contract in Bengaluru

BL Kashyap adds to order book with new ₹221-crore contract in Bengaluru

Engineering, procurement and construction (EPC) company BL Kashyap and Sons Ltd on Wednesday (September 18) said it has secured a new work order worth approximately ₹221 crore. The contract, awarded by SSS Realty & Co, involves civil, structural, and allied works for a project in Koramangala, Bengaluru, with a completion timeline of around 20 months.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon