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RING ACQUISITION VALUE
In 2014, Nas invested in smart-doorbell startup Ring; 4 years later, Amazon bought the company for $1.1 billion and the American rapper pocketed at least $25 millionNas and Ring story is about the changing boundaries between entertainment, technology and entrepreneurship. Nas entered the investment worl...- Warren Buffett’s best investments weren’t stocks: He says these personal choices gave him the greatest returnsWith Warren Buffett's departure as chairman of Berkshire Hathaway, he highlights the importance of personal investments in his life. His li...
- New MDR norms for UPI to add more revenue, bottom line to business: Paytm CEOThe government has introduced a 0.4% fee on UPI transfers exceeding Rs 2,000 to merchants from October 15, while explicitly ring-fencing ev...
- Warren Buffett and IBM: Praying the stock price goes nowhere. The maths explains whyHe is not being clever. He does the arithmetic and shows you exactly how much a falling price would be worth to him. Then he turns on the a...
- Restaurants step up food safety; UpGrad seals Unacademy dealHappy Wednesday! India’s food safety crackdown is forcing restaurants to clean up their kitchens and supply chains. This and more in today’...
- UpGrad completes Unacademy acquisition; Ultrahuman’s $60 million raiseUpGrad has completed its acquisition of Unacademy, marking the close of a major consolidation in India’s edtech sector. This and more in to...
- ET Prime Special Series: Multibagger or IBC - Part 73: The customer pays slowly. The machines depreciate slowly tooThe title of this series sounds binary. The businesses rarely are. Between a multibagger and bankruptcy lies a large middle ground where co...
- Indian defence firm Sigma deepens ties with UK's Rolls-Royce in Rs 1,600 crore dealSigma Advanced Systems secured a new £125 million contract with Rolls-Royce. This agreement expands their existing partnership and builds o...
- ETMarkets Management Talk| MAN Industries eyes bigger Saudi footprint; region could contribute 35–40% of revenue in 3 years: Nikhil MansukhaniMAN Industries expects Saudi Arabia to become a major growth driver, contributing 35–40% of revenue within three years. The company is targ...
- ‘In God we trust, all others pay cash’: Warren Buffett had the cash and still has itBerkshire Hathaway lost $11.5 billion. Buffett spent $14.5 billion. And then, he told his shareholders about the two worst decisions he had...
- Family-owned companies have big appetites for US snack M&AFamily-owned food firms are acquiring U.S. snack companies, seeing value opportunities. Overseas buyers are increasingly interested in thes...
- Private capital should play a much larger role in India's infrastructure development: Rajkiran Rai, MD & CEO, NaBFIDIndia requires infrastructure investments of nearly Rs 770 lakh crore over the next 20 years. This requirement cannot be met through budget...
- Assam Budget 2026-27: Spotlight falls on polygamy after big announcement by state FM Jayanta Malla BaruahAmong Assam's 2026-27 budget proposals, a major one is that polygamous men will be barred from accessing government schemes. Additionally, ...
- Puravankara inks joint development for 6.4-acre land in Bengaluru’s SarjapurPuravankara has inked a joint development deal for a 6.4-acre plot in Bengaluru's Sarjapur, projecting a Rs 1,000 crore Gross Development V...
- Realty developer Puravankara acquires 9.73-acre land parcel in north BengaluruRealty developer Puravankara has acquired a significant land parcel in North Bengaluru. The 9.73-acre plot in the Devanahalli growth corrid...
- Shriram Pistons raises Rs 1,000 crore for Antolin buyShriram Pistons and Rings raised Rs 1,000 crore via 18- and 24-month NCDs from mutual funds to partly finance its Rs 1,670-crore acquisitio...
- Shriram Pistons & Rings to acquire TGPEL Precision Engineering in Rs 220-cr dealShriram Pistons & Rings Ltd (SPRL) is set to acquire TGPEL Precision Engineering for Rs 220 crore. This acquisition expands SPRL's manufact...
- SAMHI Hotels acquires Innmar Tourism and Hotels private LtdSAMHI has completed the Share Purchase Agreement for acquiring Innmar Tourism and Hotels Private Limited, adding a 142-room hotel in Bengal...
- NHAI plans land appreciation taxes to finance projectsNHAI is working on a mechanism to share gains in land value on account of upgradation of highways.
- Lupin eyes 3-fold hike in revenues to $5 billion by 2018Drug major Lupin is eyeing a nearly three-fold increase in its revenues at $5 billion by 2018 as it looks to grow its business organically.
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