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KKR INVESTMENT IN CISTERNINA LOGISTICS
KKR to acquire Cisternina Logistics, plans to build pan-India liquid storage and logistics platformKKR has announced a majority investment in Cisternina Logistics, which focuses on bulk liquid and gas storage. This investment will facilit...
Samsung, affiliates commit $1 billion to KKR-backed Helix Digital AI buildoutSamsung Electronics will invest $500 million, while Samsung C&T, Samsung SDS, Samsung SDI, Samsung Life Insurance, and Samsung Fire & Marin...
Transport Corp board approves Rs 150 crore share buyback at 11% premiumThe board of Transport Corporation has sanctioned a share buyback of Rs 150 crore, intending to purchase 15.62 lakh equity shares at a prem...
Rupee, dirham and UPI: India, UAE push cross-border trade without frictionIndia and the UAE are working towards enhancing bilateral trade by adopting local currency transactions and payment system integration. The...
Nvidia approves record $150 billion share buyback plan as AI boom powers cash generationNvidia approved an additional $150 billion in share buybacks, taking its remaining authorisation to $235 billion through fiscal 2028. The r...
Flipkart Ventures backs AI startups Alive and KeployBoth startups will receive capital support, strategic mentorship and access to Flipkart’s wider ecosystem to help them build and scale thei...
KKR’s Henry Kravis rejected Alisa Wood in 2003 with a letter; 22 years later after receiving an unexpected call, the MBA graduate became co-CEO of a KKR investment vehicleIn 2003, Alisa Wood was rejected by KKR’s cofounder and the then-chief executive officer Henry Kravis with a letter after sharing a blind r...
DHL Express to raise shipment charges by 8.9pc in India starting JanuaryDHL Express will increase its shipment charges in India by 8.9 percent starting January 1. This adjustment is necessary to address rising c...
JSW One Platforms files draft papers for Rs 3,054 crore IPOJSW One Platforms Ltd has submitted its draft documents to SEBI for a substantial IPO, targeting to generate Rs 3,054 crore. This offering ...
Actis merges 11 India road assets into $1 billion trustActis LLP has consolidated 11 road assets worth around Rs 10,000 crore into its NXT-Infra Trust after raising Rs 1,180 crore from investors...
Meesho shares can fall 28%, warns Nomura after initiating coverage with Reduce call. Here is whyShares of Meesho dropped up to 5% to Rs 221 after Nomura initiated coverage with a Reduce rating and a Rs 167 target price, citing a 28% do...
Assam’s greatest resource for industrialisation is its human resource: Finance Minister Jayanta MallabaruahAssam's Finance Minister Jayanta Mallabaruah emphasized the role of human resources in driving the state's industrialization efforts. The g...
Karnataka to woo Singapore majors; Sats plans expansionKarnataka's industries minister MB Patil is engaging with several companies in Singapore for investment opportunities. The discussions incl...
Adani Group sets Rs 1 lakh crore Bengal investment target, unveils Rs 4,000 crore hospitalGautam Adani announced plans to invest over Rs 4,000 crore in a healthcare facility in West Bengal. This investment will establish a 2,000-...
Meesho shares drop 4% after block deal worth Rs 900 crore. Should you buy the dip?Meesho shares witnessed a dip on Wednesday after 3.86 crore shares changed hands in a block deal worth Rs 899.71 crore on the BSE. The tran...
5 SME IPOs to open today: Check issue size, price band and key detailThe five SME IPOs are looking to raise around Rs 169 crore. Coreintegra Consulting and Pooja Logistics will be listed on the NSE SME platfo...
In 2000, Henry Kravis offered Joe Plumeri a job after a chance Paris meeting; the result made him Willis CEO despite limited experience in insurance and LondonJoe Plumeri’s unexpected Paris meeting with Henry Kravis in 2000 led to an opportunity to run Willis. After 32 years with Citigroup and its...
Meesho shares rally 12% after UBS hikes target price by 24%. What’s keeping analysts bullish?UBS has raised its Meesho estimates across NMV, contribution profit and EBITDA, citing stronger seller and buyer growth and improving unit ...
Oman's Sohar Port positions itself as Gulf gateway for Indian traders amid Hormuz tensionsOman's Sohar Port is actively positioning itself as a gateway for Indian businesses. The port offers integrated facilities and investment o...
Sanjay Nayar buys Rs 90 crore luxury apartment in South Mumbai’s Carmichael RoadThe transaction involves a 4,537.29 sq ft apartment on the first floor of Kamal Mahal, Anand Kamal Co-operative Housing Society Ltd, locate...