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KKR launches $10 billion AI infrastructure company with Nvidia, VistraThe Kuwait Investment Authority, AI chip giant Nvidia and utility firm Vistra are anchor investors in the company, called Helix Digital I...
US stocks today: Nasdaq nosedives as Broadcom revenue miss dents chip stocksThe S&P 500 and the Nasdaq dropped at the open on Thursday, as Broadcom's revenue miss pressured chip stocks, while equity investors took...
US stocks today: Dow Jones drops over 500 points as Middle East tensions escalateWall Street closed lower as Middle East tensions and rising oil prices triggered inflation concerns and profit booking. Financials and tech...
PM Modi’s high stakes push for sovereign AI faces reality checkIndia is striving to build its own artificial intelligence capabilities, aiming for self-reliance and global export. However, the nation fa...
IPL may become the GOAT of sports world; League sees sharp rise in valuations on record media rights deals, deep-pocketed sponsorsIPL franchise values are soaring, projected to hit $15 billion by 2032. This growth rivals top European football clubs. Record media rights...
NextEra Energy strikes $66.8 billion deal for Dominion in bets on AI power demandThe deal, one of the largest in the U.S. power industry, adds to a wave of consolidation as the rapid data-center buildout lifts power dema...
Dominion energy stock rises highest in over 3 years, Nextera energy stock crashes. Here's whyNextEra Energy is buying Dominion Energy in an all-stock transaction valued at about $66.8 billion, creating the world's largest regulated ...
Jhunjhunwala-backed Bagmane Prime Office REIT lists at 3.5% premium over IPO priceBagmane Prime Office REIT debuted on the NSE at Rs 103.50, a 3.5% premium to its IPO price, following a highly subscribed Rs 3,405 crore of...
PFC net up 3%, expects merger with REC by April 2027; flags concern over RBI normsPower Finance Corporation and REC Ltd are planning to merge by April 1, 2027. This merger will create a single platform for financing India...
Blackstone and Jhunjhunwala-backed Bagmane draws 2 lakh applications, highest for all REIT IPOsBagmane Prime Office REIT received record investor participation and strong oversubscription in its Rs 3,405 crore IPO. Backed by Blackston...
US market today: Apollo surpasses $1 trillion in AUM, beats profit estimatesApollo Global Management crossed $1 trillion in assets under management and beat Wall Street expectations for first-quarter profit on Wedne...
Job cuts at Freshworks; Meesho, PB Fintech Q4 earningsFreshworks announced job cuts as it ramps up AI focus. This and more in today's ETtech Top 5.
Tata Electronics' $30 billion fab bet; Ather's Q4 revenue surgeTata Electronics CEO Randhir Thakur lays out the group’s big swing in fabs, advanced packaging and more in an interaction with ET. This and...
Aster DM Healthcare Q4 revenue jumps 18% YoY to Rs 1,182 croreAster DM Healthcare reported an 18% year-on-year revenue increase in Q4 to Rs 1,182 crore, with operating EBITDA up 31%. The company is on ...
Jhunjhunwalas-backed IKS healthcare looks to acquire TruBridge for $600 millionInventurus Knowledge Solutions (IKS), backed by the family of late investor Rakesh Jhunjhunwala, is in advanced talks to acquire Nasdaq-lis...
Pitch perfect for private equity as the IPL investment playbook draws global investorsSeveral team owners have extended their footprint into overseas T20 leagues such as South Africa's SA20, the UAE's ILT20 and England's The ...
Blackstone reports 63% rise in first-quarter profitBlackstone on Thursday reported a 63% rise in the company's first-quarter profit driven by an increase in its realty and credit businesses ...
Prestige Estates Q1 results: Profit plunges 99% to Rs 1.6 croreIn the last financial year, the Bengaluru-based firm had posted a net profit of Rs 403.1 crore on a total revenue of Rs 8,243.3 crore.
- Blackstone Group's Q4 loss widens to $415.2 million
Private equity firm Blackstone Group LP said on Friday it continued to lose money during the fourth-quarter as the ongoing credit crisis hu...
- Blackstone profit drops 89% on lower fees, writedown
Blackstone Group LP, manager of the world’s largest leveraged-buyout fund, said fourth-quarter profit fell 89% on lower takeover fees and t...