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Early bet, massive payoff: Anthropic IPO may value Krishna Rao's equity stake at Rs 6,600 crore, up 57 timesAnthropic CFO Krishna Rao's equity holding could reach Rs 6,600 crore at the proposed IPO midpoint of $74 per share. The Claude maker targe...
Humble bhujia becomes a recipe for billions of dollars in India's marketA packet of bhujia has come a long way from Bikaner. What began as a family-run namkeen shop in 1937 is now a national snack empire, backed...
Lenskart, Meesho deliver gains of nearly $400 million for SoftBank Vision fundsLenskart saw returns of $273 million, the highest among the Vision funds' listed investments, while Meesho gained $121 million, according t...
UPI sees Diwali boom; AI cracks CaptchaDiwali spending fuelled a surge in UPI transactions, with both payment volumes and values rising. This and more in today’s ETtech Top 5.
Ahead of Market: 10 things that will decide stock market action on ThursdayIndian markets extended their winning streak to nine consecutive regular sessions on November 11, with Sensex rising 773 points and Nifty g...
Dabur CEO flags rural demand risks from rising commodity inflation, weak rainsDabur India CEO Herjit S. Bhalla expressed concerns about rising commodity inflation affecting consumption recovery. Increased inflation is...
Rs 84,084 crore incentive on offer, but India's deepsea oil exploration bids delayed againIntroduced in 2016 under the Hydrocarbon Exploration and Licensing Policy, OALP sought to replace the government-driven identification of e...
AMFI reshuffle: Jio Platforms and NSE may get largecap status, Vedanta may become midcap in H1 CY27Nuvama expects Jio Platforms and NSE to enter AMFI's largecap category in its H1 CY27 reshuffle, while Vedanta may move to midcap status. T...
Stocks in news: M&M, BHEL, Adani Enterprises, Wipro, Tata Steel, Siemens and Divi's LabsIndian equity markets ended marginally lower on Sunday, breaking a seven-session winning streak. The NSE Nifty 50 decreased by 44 points, c...
Samir Arora backed Helios Mid Cap Fund adds Aurobindo Pharma, 2 others, increase stake in Paytm, MCX and 16 othersSamir Arora-backed Helios Mid Cap Fund added Aurobindo Pharma, Zetwerk and PVR Inox in October, while increasing stakes in Paytm, MCX and 1...
Titan Company shares drop 3% after Q2 results. Why Emkay, Nuvama and others remain bullishTitan shares declined despite a 54% rise in adjusted net profit for the September quarter. Strong demand for jewellery, watches, and eyewea...
Why is market rallying today? Sensex jumps 900 points, Nifty above 22,900. 6 key factors behind Rs 5 lakh crore gainsThe Indian stock market saw a vibrant uptick as both Sensex and Nifty surged over 1.1%, attributed to the Federal Reserve's decision to mai...
Stocks in news: Infosys, Kotak Mahindra Bank, YES Bank, Raymond, BPCL, Coforge and Senco GoldIndian equity markets have faced a decline for four consecutive sessions, with the Nifty falling significantly. Various factors, including ...
Stocks in news: Vedanta, HDFC Bank, ICICI Bank, Axis Bank, HFCL, IREDA, Zen Tech and Oil IndiaIndian equities turned around as information technology stocks attracted sustained buying interest. Strong quarterly earnings reports enhan...
Stocks in news: Reliance Industries, Jio Financial, Tata Tech, HDB Financial and WiproIndian equity benchmarks ended lower after a volatile session influenced by strong wholesale inflation and elevated crude oil prices. The N...
Aegis Logistics to acquire 89.8% stake in Dubai-based Tristar Holdings for $809 millionAegis Logistics is set to acquire 89.8% stake in Tristar Holdings, based in Dubai, for $809 million. The deal seeks to strengthen Aegis's g...
Jio’s 10-year timeline: How Ambani's Reliance transformed Indian telecomReliance Jio has altered India's telecom industry since its launch in 2016 with affordable services. This transformation included a price w...
Hero Motors shares soar 8% as Q2 net profit more than doubles to Rs 10 croreHero Motors shares jumped after the company reported a 115% YoY rise in Q2 FY27 net profit to Rs 10.2 crore. Revenue from operations grew 2...
IHC, First Abu Dhabi eye stake in Bandhan Bank promoterEarly investors GIC & IFC jointly hold 30% in Bandhan Financial Services (BFSL), keen to exit. PE funds tapped too to gauge strategic inter...
Lenskart Solutions shares crack 5% after Rs 1,985-crore block deal; Alpha Wave likely sells takeLenskart Solutions reported a 182.3% YoY jump in Q1 FY27 net profit to Rs 228 crore, while revenue rose 33.6% to Rs 2,214 crore. EBITDA mar...