IM Cannabis closes $250,000 convertible note financing
IM Cannabis closes $250,000 convertible note financing
Category: Business News
Track key corporate news, quarterly earnings summaries, startup funding updates, executive movements, and major company announcements across leading industries.
Waste Connections renews share buyback program for 12 months
Waste Connections renews share buyback program for 12 months
Braveheart Bio closes $439.9 million IPO on Nasdaq
Braveheart Bio closes $439.9 million IPO on Nasdaq
River City Bank completes $121.5M secondary IPO on Nasdaq
River City Bank completes $121.5M secondary IPO on Nasdaq
Brenmiller Energy announces 6-for-1 reverse stock split
Brenmiller Energy announces 6-for-1 reverse stock split
Acnb director Donald Seibel Jr. sells $96,524 in company stock
Acnb director Donald Seibel Jr. sells $96,524 in company stock
Braveheart Bio raises $439.9M in upsized Nasdaq IPO
Braveheart Bio raises $439.9M in upsized Nasdaq IPO
RBI proposes a leverage ratio of 3.5% for ‘important’ global banks
The Reserve Bank of India has proposed new leverage ratio requirements for banks. Globally systemic important banks will face a minimum 3.5% ratio plus a buffer. Domestic systemically important banks will continue with their 4% ratio mandate. Other commercial banks will maintain the existing 3.5% leverage ratio. These proposals align with the Basel Committee on…
Britannia sees demand rise, but sugar and palm oil costs bite
Britannia Industries said consumer demand strengthened in the June quarter, helping revenue rise 9.5% and profit nearly 14% year-on-year. However, rising sugar, palm oil and fuel costs are pressuring margins, prompting the company to consider further pricing measures.
Oil minister Hardeep Singh Puri dismisses concerns about fuel adulteration
Hardeep Singh Puri addressed the issue of fuel adulteration, asserting that concerns over it are baseless. A nationwide investigation uncovered only four instances at various petrol stations. He emphasized that oil marketing firms implement strict testing protocols. Analysis results indicate that chloride levels remain safe and do not support allegations of excessive chloride presence.