Stericycle Inc. (NASDAQ: SRCL), a key player in the medical waste management sector, saw its stock rise by 4.4% on Friday following a significant development in its merger with Waste Management Inc. (NYSE: WM). The company announced that the Federal Trade Commission (FTC) had allowed the mandatory waiting period to expire without objections, a critical […]
Adani Enterprises Limited, the flagship company of the Adani Group, has announced the early closure of its public issuance of ₹800 crore in secured non-convertible debentures (NCDs). Initially scheduled to close on September 17, 2024, the issue will now close on September 6, 2024. This decision was approved by the company’s Management Committee of the […]
Salesforce has signed a definitive agreement to acquire Tenyx, a four-year-old AI startup based in Los Altos, California, known for developing AI-powered voice agents designed to create natural and engaging conversational experiences. This strategic acquisition is set to bolster Salesforce’s AI-driven solutions, particularly in enhancing customer service interactions, and is expected to close in the […]
In a surprising move, Zomato has officially pulled the plug on its intercity food delivery service, ‘Zomato Legends,’ effective August 22, 2024. This decision comes after two years of attempts to find a viable market fit, which ultimately proved unsuccessful despite various strategic adjustments. Launched in August 2022, Zomato Legends was designed to offer consumers […]