Brewin Dolphin acquires Investec’s Irish wealth business

On Friday, May 10th, Britain’s Brewin Dolphin announced that it has reached an agreement to buy Investec’s Irish wealth business for a reported sum of 44 million euros ($49 million) in a... Read more »

India based SpiceJet all set to offer business class

Earlier in the week, Low-cost carrier SpiceJet announced its entry in the full-service segment offering business class tickets on select domestic routes starting from Saturday, May 11th, making it the second budget carrier to... Read more »

Siemens AG set to cut 10,000 jobs in a major overhaul

Earlier in the week, in a major restructuring that involves spinning off its gas, oil, and power generation business and creating new areas of growth, German industrial equipment maker Siemens AG announced... Read more »

Stuttgart prosecutors issues a 535 mn euros fine on Porsche over diesel cheating

On Tuesday, May 7th, Stuttgart prosecutors revealed that German sports car maker and Volkswagen subsidiary Porsche is eligible to pay a fine of a 535-million-euro (USD 598 million) in regards to compensate... Read more »

Johnson & Johnson reaches an agreement to pay $1 billion to resolve hip implant lawsuits 

Earlier in the week, citing people close to the matter, it was revealed that Johnson & Johnson has agreed to pay a sum of nearly $1billion in an attempt to resolve most... Read more »

Mobility services company DMI acquires Silicon Valley company Pragiti

Earlier in the week, Mobility services company DMI announced the acquisition of Pragiti, a systems, applications, and products commerce cloud services provider. This acquisition reportedly expands DMI’s business into next-gen digital commerce capabilities. According... Read more »

NCR officially completes the acquisition of Houston-based Texas P.O.S

Earlier In the week, as per a press release, NCR, a payments technology company based out of Atlanta officially acquired Texas P.O.S, a provider of point-of-sale (POS) solutions for restaurants and merchants based... Read more »

LPL Financial announces it is open for adviser acquisitions

On Tuesday, 07 May 2019 LPL Financial announced that it is open to financing its affiliate advisers if they wish to grow and expand. Since the start of 2019, LPL Financial has raised... Read more »

Qlik announces the appointment of Geoff Thomas to lead its APAC business

Earlier in the week, on Monday, May 6th, Qlik, Data analytics, and business intelligence platform made an announcement stating the appointment of Geoff Thomas as the Senior Vice President to head its... Read more »

FinComm reveals it will meet the RBI Governor and several bank officials during its Mumbai visit 

Earlier in the week, the RBI released an official statement which revealed that The 15th Finance Commission will meet RBI Governor Shaktikanta Das and representatives of banks and financial institutions during its... Read more »