Business

Paytm parent One97 set to raise over $1.8 billion from SoftBank

Paytm parent One97 set to raise over $1.8 billion from SoftBank

Paytm was not immediately reachable for comment. The Noida, India-based firm said it has 218 million mobile wallets on its platform. Paytm last raised funding from Taiwanese semiconductor maker MediaTek about eight months ago, when it was valued at $4.8 billion.


General Motors profit up 34 percent on US truck, SUV sales

General Motors profit up 34 percent on US truck, SUV sales

GM South America ("GMSA") witnessed 53.8% growth in revenues to $2 billion. First-quarter net income rose 33.5% to $2.6 billion and North American adjusted pretax earnings (EBIT) totaled $3.4 billion, up almost 22% year over year, and up almost 30% sequentially.


Le Pen says she is David to her rival's Goliath

Le Pen says she is David to her rival's Goliath

Jamet told BFM that that Stand up France was losing its "purity" and that the Le Pen-Dupont-Aignan alliance is "a couple that doesn't please me". Polls on Friday showed centrist Macron winning the French presidential runoff with 59-60 percent of votes, with Le Pen having gained some ground in voter surveys since the start of the week.


Wyndham Worldwide Corporation (WYN) Expect Solid Quarter, Raise PT on Broader Outlook

Wyndham Worldwide Corporation (WYN) Expect Solid Quarter, Raise PT on Broader Outlook

Mclester sold 15,000 shares of the firm's stock in a transaction on Monday, March 6th. A number of other hedge funds have also recently added to or reduced their stakes in the company. Can raised its position in shares of Wyndham Worldwide by 0.7% in the third quarter. The ex-dividend date was Wednesday, March 15th. Wyndham Worldwide's dividend payout ratio (DPR) is 38.31%.



How Donald Trump's USA tax cuts could impact Australia

When Trump's spokesman, Sean Spicer, was asked by reporters Thursday whether it was fair to inquire about the benefits that the tax cuts would provide for the president and his family, he sidestepped the question. "And as a tax plan rolls out, it looks, actually, kind of traditional, sort of your typical neo-conservative, neo-liberal policy of massive tax cuts for the extremely wealthy, with little solutions or proposals for how gaps will be met".