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Israeli quantum computing firm Classiq raises $110 million in private fundingQuantum computing holds the promise of carrying out calculations that would take today's systems millions of years, and could unlock discov...- FMCG sector: Street might treat it as saviors in some phases & there is more to it than HUL, 13 stocks, with upside potential of up to 42 %On the day of the election result and the day after that, two days in succession, everyone was talking about FMCG stocks. Explanations abou...
- Tata Consumer set to acquire Capital Foods, Organic IndiaTCPL will be buying 75% of Capital Foods from existing investors Invus Group, a European family office and investment arm, with a 40% stake...
- Tata Consumer leads race for maker of Ching's Secret, values co at Rs 5,500 crWill buy around 70% in first tranche; existing shareholders finalising rollover plans. Nestle, Kraft Heinz were the other contenders in fra...
- Investing Beyond Perception: Tackling the relativity trap“During the past decade, the top 4 players (Asian, Berger, Kansai, and Akzo) have grown at the cost of unorganized players, with a revenue ...
- Global, Indian FMCG companies in race for Capital FoodsPepsiCo and Reliance Industries are among those said to have been sounded out by Goldman Sachs, the investment bank mandated to run the auc...
- ‘A huge disruption’: Startups worldwide gird for life after SVBStartups from Silicon Valley to London, Tel Aviv and tech hubs across Africa depended on SVB as a one-stop shop for everything from holding...
- Troubled US startup-lender spooks share markets, bonds rallyBut since long-dormant Japanese inflation has gathered pace, and following a surprise relaxation of a cap on 10-year yields in December, sp...
- Secret's Out: Global and local food cos set to spice up their portfolio as Capital Foods up for grabsNestle, Tata, Nissin, HUL, ITC, Dabur, Kraft Heinz among those expected to bid in $1.5-2 billion deal, IPO an option too.
- Now gaming avatars of Gen-Z on Roblox will carry Gucci handbags & sunglassesThe digital-only items were part of a limited Gucci collection for Roblox.
- Rapyd raises $300 million in funding from Coatue, Tiger Global, othersThe company plans to use the funds raised to double the engineering and product teams, as well as expand the 'self-service' element of Rapy...
- Fosun RZ Capital leads $17 million funding round in IRP SystemsFounded in 2015 by Moran and Paul Price, IRP Systems specialises in high-performance electric powertrain systems for a variety of e-mobilit...
- When cookies from Bengaluru reach Deepika Padukone’s plate and NASA’s workstationsAnutha Shetty, the baker, is equally surprised and motivated at how her young cookie brand The Love & Crumble Co from Bengaluru is receivin...
- ET Suits and Sayings: Wackiest whispers in corporate corridorsRead ET’s weekly roundup of the wackiest whispers and murmurs in the corporate corridors and policy parlours.
- Market risk is highest since pre-2008 financial crisisJanus Capital Group and Henderson Group completed a merger May 30 to form Janus Henderson Group Plc.
- Biyani to exit Capital Foods, sell 44% to European fundIn 2006, Biyani’s investment vehicle Future Ventures, had pumped in Rs 13 crore for a minority 33% stake in Capital Foods.
- Japan’s Nissin wants a bigger bite of India; in buyout talks with Capital FoodsCapital Foods is 40% owned by Kishore Biyani’s investment arm Future Ventures while the rest is controlled by the co’s founder-chairman Aja...
- Worth it? Nestle weighs options for L'Oreal stake sale conundrumA deeper push into personal care would follow a path blazed by peers P&G Co and Unilever, benefiting from faster growth in shampoos and cre...
- Nestle’s slowdown seen leading to fewer brandsNestle needs to reignite sales that have disappointed investors for four straight quarters. One solution: Get smaller.
- NYSE inks pact with Tokyo SEThe New York Stock Exchange (NYSE) and Tokyo Stock Exchange (TSE) announced an alliance on Wednesday that extends the NYSE’s global reach a...
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