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11 BILLION DEAL
Nestle to divest mainstream supplements business for $1 billionNestle has agreed to sell its vitamins and supplements business to Yellow Wood Partners. This significant deal is valued at approximately o...- ITC Infotech to merge with Happiest Minds, buy 22% promoter stake for Rs 1,330 croreITC Infotech will merge with Happiest Minds Technologies creating a significant IT services entity. This merger aims to establish an AI-fir...
- Why FIIs could continue moving out of largecaps and into mid and smallcaps: Motilal's Rajat RajgarhiaIf you look at India over a long period, the country has done well. However, the past two or three years have presented several challenges,...
- General Motors plans C$1.1 billion Canada auto investment amid US tariff pressureGeneral Motors will invest C$1.1 billion in Canada's auto sector after a tentative union deal. This investment includes adding a heavy-duty...
- Andreessen Horowitz raises $1.1 billion for AI infrastructure fundThe “Machine Age Fund” will invest in AI computer infrastructure such as chips, memory, networking and storage, the firm said in a blog pos...
- Trump to mark 9/11 at Pentagon, not New YorkUS President Donald Trump said Friday he would mark the 25th anniversary of the September 11, 2001, attacks at the Pentagon -- but angrily ...
- Gnani AI launches Artha sovereign AI stack with 30-billion-parameter Evon 3.3Gnani AI launched Artha, a sovereign AI stack for Indian companies and public institutions. This stack features the Evon 3.3 language model...
- India 10-year yield at more than two-month peak on supply, Warsh speechIndian government bonds extended losses, pushing the ten-year yield higher. Global markets await Federal Reserve Chair Kevin Warsh's speech...
- Persistent Systems’ strong deal wins boost outlook, acquisition costs pose riskFollowing a major acquisition announcement, Persistent Systems stock has seen a remarkable rebound. In its latest June quarter results, the...
- Global Market | Shein set to raise $1.7 billion in Hong Kong IPO at $26.5 billion valuation: ReportsShein is expected to price its Hong Kong IPO near HK$48.56 per share, raising about $1.7 billion at a $26.5 billion valuation. The listing ...
- After two decades of legal deadlock, accused 9/11 mastermind gets a 2028 trial dateA U.S. Air Force judge has ordered Khalid Sheikh Mohammed, the accused mastermind of the September 11 attacks, and three co-defendants to s...
- Zerodha’s growth stalls; IT’s new deal modelZerodha’s profit growth has slowed as its core broking business comes under pressure. This and more in today's ETtech Top 5.
- Nvidia faces growth test as Rubin debut meets AI financing scrutinyThe chipmaker has been the biggest beneficiary of the race to build AI infrastructure. Recently, though, its stock has come under pressure ...
- California cancels talks over $110 billion Paramount-Warner deal, citing ‘bad faith’California Attorney General Rob Bonta canceled settlement talks with Paramount Skydance over its proposed $110 billion acquisition of Warne...
- Global Market: Shein valuation falls 70% from peak as Hong Kong IPO targets $1.77 billionShein launched its Hong Kong IPO at a valuation of up to $27 billion, around 70% below its 2022 peak, as slowing growth, rising costs and r...
- KPMG Australia was once considering 1,000 job cuts; firm now confirms nearly 400 layoffsIn a turbulent move, KPMG Australia is set to lay off around 400 employees, including high-ranking partners. This decision comes on the hee...
- Paramount-Warner Bros merger: California may seek cable channel divestitures, film studio safeguardsCalifornia Attorney General Rob Bonta is expected to seek concessions from Paramount, including divestitures of some cable channels and saf...
- Scandal-hit KPMG Australia to cut nearly 400 jobs, warns of difficult marketKPMG Australia plans to cut about 5% of its workforce, affecting 27 partners and around 360 employees, mainly in consulting and business se...
- Dubai office boom drives commercial real estate growth; transaction value triples in H1 2026Dubai’s commercial real estate market remained resilient in H1 2026, with transaction value rising 8.5% to AED 65.23 billion. Offices led g...
- US equity funds see strong inflows this week amid bond pressure, draw $11.72 billion from investorsUS investors bought equities for a second week, encouraged by corporate earnings and easing inflation. However, a bond market selloff and r...
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