Monday, August 26, 2019

Embassy Buildcon pledges WeWork shares to ICICI Bank, will raise Rs 200 crore

Embassy Buildcon pledges WeWork shares to ICICI Bank, will raise Rs 200 crore Embassy Buildcon is pledging shares in WeWork India, representing 26 percent of paid-up share capital, in favour of lender ICICI Bank.The We Co., the American firm which operates co-working office spaces under the WeWork brand, posted robust revenue growth in India.

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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...