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CARS24 ACQUISITION
Forget fake invoices. The real risk is the assumptions made in the balance sheet to hide lossesMost accounting risks make noise. The biggest one on the Indian balance sheet doesn't. It hides inside growth assumptions, discount rates, ...- EV push to absorb over Rs 24,000 cr of automakers' capex in two years as electric car adoption accelerates: CrisilIndian passenger vehicle makers are expected to invest over Rs 24,000 crore in electric vehicles out of a planned Rs 60,000 crore capex acr...
- Zepto’s $1 billion IPO; Navi eyes fresh fundsHappy Tuesday! Quick commerce firm Zepto has filed updated draft papers for its $1 billion public offering. This and more in today’s ETtech...
- Infosys CFO Jayesh Sanghrajka joins Cars24 board as independent directorCars24 cofounder and CFO Ruchit Agarwal announced the appointment in a blog post, describing the move as significant for the used-car platf...
- 2.4 million homes, 10,000 private jets & every NFL team: What all could Elon Musk buy as he edges closer to becoming world's first trillionaire?Elon Musk Net Worth: Elon Musk's estimated net worth has reached around $970 billion, bringing him closer than anyone else in history to be...
- There are bulls and bears, and also ducks. When Warren Buffett warned against being a stock market duckWarren Buffett mentioned a metaphor that should haunt every investor who has ever felt clever during a rising market: The preening duck tha...
- West Bengal election results 2026: 10 key seats to watch as Bengal counts its votesCounting for the West Bengal Legislative Assembly election begins on May 4, 2026. Results will be declared across 77 centres. The election ...
- Cars24 cofounder Mehul Agrawal steps down from operating roleMehul Agrawal, cofounder of used car marketplace Cars24, is stepping down from his operational role after over a decade. He will remain on ...
- ET Prime Special Series: Multibagger or Bankrupt - Part 56: An acquisition, a divestment, and a JV for EV. Ready for re-rating?Bulls argue this company is becoming a complete mobility-platform supplier in India: Power solutions and aftermarket, braking and safety. B...
- ET Prime Special Series: Multibagger or Bankrupt – Part 55: This old-economy giant helped power India’s past. Its big test lies aheadSome companies face disruption at the level of products. Others face it at the level of technology. That is what makes this story more comp...
- Stocks in news: LIC, Maruti Suzuki, Sun Pharma, TCS, HULIndian markets extended their gains on Friday, with analysts predicting a steady recovery towards the 24,300-24,700 zone. Several prominent...
- Shah Rukh Khan has a new car. Here's all about itBollywood star Shah Rukh Khan has reportedly bought a new Mercedes-Benz V-Class. The luxury MPV is valued at approximately Rs 1.4 crore. Th...
- Cars24 acquires vehicle information management startup CarInfo in Rs 400 crore dealThis is the SoftBank-backed used car sales platform’s second acquisition in the past year, following its purchase of community platform Tea...
- CarTrade, CarDekho parent end acquisition talksCarTrade Tech has pulled the plug on its planned takeover of Girnar Software's automobile classified units – CarDekho and BikeDekho. After ...
- Cars24 lays off 200 employees, to tighten hiring plansCars24 cofounder and CEO Vikram Chopra said in an internal note to employees that no further layoffs were expected, calling the move a “spe...
- Used-car seller Cars24 acquires auto forum Team-BHPCars24, a platform for buying and selling new and used cars, has acquired Team-BHP, a popular automotive forum. While the financial details...
- CarDekho parent buys content firm PowerDriftFounded in 2012 by Rohan Albal and Amit Shetty, PowerDrift claims to have over 240 million lifetime views on its YouTube channel with an av...
- CarDekho acquires YouTube auto content platform PowerDriftWith this acquisition, GirnarSoft group through its various acquisitions has a cumulative subscription base of 1.4 million users with a tra...
- Honda buys 380 acres in Gujarat for Rs 1,000 croreThe new site is at Vithalapur, about 80 km north-west of Ahmedabad, where Honda last year opened a facility for two-wheelers.
- Tatas spend $133 mn in advisory fees in last 2 yearsThe amount of $133 mn assumes significance as the group has acquired 56 businesses with a total volume of $20.6 bn in the last two years. S...
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