Due to the fact that the People’s Bank of China (PBOC) decided to tweak the rates in order to support the slowing economy, the Chinese stocks started soaring. As a result of the ongoing trade war, Asia stocks started plunging and the People’s Bank of China decided to reduce the borrowing costs for companies. Analysts…
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Going by the ticker name (NYSE: BABA), Alibaba is ready to announce their first quarter fiscal 2020 earnings results on August 15, 2019. However, Alibaba is expected to display a slow growth in revenue. Irrespective of the expected slow revenue growth, the analysts are remaining optimistic about its profitability. According to Refinitiv data, the estimated…
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Based in Haryana, India and founded in 2011, ReNew Power is the brainchild of Sumant Sinha who is an entrepreneur in the renewable energy sector. Although it is at the start-up level, the company has raised more than $1 billion of funds in 2019 itself. Currently, the company hold the largest portion of wind and…
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