Admiral Group selling online portals for £508 mln

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Admiral Group selling online portals for £508 mln

Admiral Group PLC said Tuesday that it is selling its businesses Penguin Portals Group and Preminen Price Comparison Holdings Ltd. to ZPG Comparison Services Holdings U.K. Ltd., and that it will return most of the net proceeds to its shareholders.
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Former Economic Affairs Secretary Atanu Chakraborty tipped to be part-time chairman of HDFC Bank

Former economic affairs secretary (EAS) Atanu Chakraborty is tipped to be the part-time chairman of HDFC Bank. India’s largest private bank in terms of market capitalisation, in its latest board meeting, has approved the appointment of Chakraborty as its …
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The Hut Group spends more than £300m on acquisitions

The Hut Group, the online retail company run by billionaire Matthew Moulding, has spent more than £300m on acquisitions as it continues aggressive expansion plans after listing on the stock market. It is buying Dermstore.com, an online skincare retailer, …
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Commodity strategies: Gold, silver, crude, base metals

By Tapan Patel Commodity prices traded mixed on Monday with bullion and energy complex traded lower while base metals gained on demand hopes. The dollar index ended flat at 90.34 mark for the day. Here is a look at how different commodities are …
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US Announces New Rules For Drones And Their Operators

Federal regulators have issued new guidelines allowing drones to operate at night and over people — a change in the rules that could expand the use of the machines for commercial deliveries. The new rules from the Federal Aviation Administration will also …
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