Mumbai Indians owner Nita Ambani promises new era with fresh talent and strong core

Nita Ambani, the owner of the Mumbai Indians, was over the moon with regard to the Indian Premier League’s franchise’s latest acquisitions during the IPL auction held in Jeddah on Monday.  Speaking on the occasion, she highlighted the franchise’s commitment to nurturing young talent and expressed gratitude towards the team for their unwavering support. “Mega … Read more

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Kohl’s CEO stepping down, Michaels CEO tapped as replacement

Check out what’s clicking on FoxBusiness.com. Kohl’s shares fell sharply on Tuesday after the company’s earnings missed Wall Street estimates and following its announcement that CEO Tom Kingsbury will step down in January. The weak forecast underscores an uncertain holiday season for the retail sector, which could lean in favor of competitors such as Walmart … Read more

US consumer confidence rises further in November By Reuters

WASHINGTON (Reuters) – U.S. consumer confidence improved further in November amid growing optimism over the labor market and a stock market rally. The Conference Board said on Tuesday its consumer confidence index increased to 111.7 this month from an upwardly revised 109.6 in October. Economists polled by Reuters had forecast the index advancing to 111.3 … Read more

CCI approves Kotak Mahindra Bank’s proposal to buy Standard Chartered’s Rs 4,100 cr personal loan book

The Competition Commission of India (CCI) approved the acquisition of the standard unsecured personal loans portfolio of Standard Chartered Bank, India Branch, by Kotak Mahindra Bank Limited on Tuesday. In October, Kotak Mahindra Bank Limited announced that it had entered into an agreement to acquire the Personal Loan book of Standard Chartered Bank, India. Effective … Read more

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