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Iran war shock: Govt asks ONGC to build ₹15,000 crore strategic oil reserve at MangaluruIndia plans to boost its oil security. Oil and Natural Gas Corporation, ONGC, will build a new strategic petroleum reserve facility in Mang...
L’Oréal-Innovist deal: early investors cash in big, founders pocket Rs 800-900 croreL'Oréal announced on Thursday that it would acquire a majority stake in Innovist. While the companies did not disclose financial details, p...
Waaree Renewable acquires 55% stake in Associated Power Structures for Rs 1,225 crWaaree Renewable Technologies has acquired a 55 percent stake in Associated Power Structures Pvt Ltd. The deal is valued at Rs 1,225 crore....
Madhu Kela to become investor in Lloyds Engineering as part of SISCOL acquisition, to receive nearly 73 lakh sharesLloyds Engineering will acquire an 88.12% stake in Steel Infra Solutions Company (SISCOL) for about Rs 1,073 crore through cash and share s...
SPACs stage comeback as mega IPOs crowd marketSpecial-purpose acquisition companies are experiencing a resurgence as a wave of blockbuster IPOs creates an opening for smaller firms. Thi...
Italian digital service company Engineering sells two units to AccentureEngineering, a prominent player in Italy's digital services landscape, is parting ways with its Alfahealth and Industries eXcellence units,...
Zydus Lifesciences shares fall 2% as firm acquires US-based Assertio Holdings for $166 millionZydus Lifesciences' shares dipped 2% after completing the $166.4 million acquisition of US-based Assertio Holdings Inc. The deal, finalized...
Liotech Industries IPO opens for subscription today. Check GMP, price band and other detailsLiotech Industries has fixed the issue price at Rs 321 per share. The IPO is a combination of a fresh issue of 9 lakh shares aggregating Rs...
SpaceX to acquire AI coding company Cursor for $60 billionSpaceX is set to acquire AI coding firm Anysphere, creators of Cursor, for a staggering $60 billion. This strategic move aims to bolster Sp...
Zydus Lifesciences completes acquisition of AssertioThe company has successfully completed the cash tender offer, through wholly-owned subsidiary, Zara Merger Sub Inc, for all the outstanding...
Bharat Forge arm, Paramount unveil next-generation Simha 4x4 armoured vehicle: What are its key features?Kalyani Strategic Systems Limited and Paramount have unveiled the Simha 4x4, a new light armoured multi-purpose vehicle designed for global...
Investing abroad? These 7 costly mistakes could trigger an income tax noticeWealthy Indians are investing more abroad. However, they must understand the rules to avoid trouble. Mistakes like misusing investment rout...
Instant househelp startups burn $14-15 million in May as discounts heat upInstant home services platforms like Urban Company, Snabbit, and Pronto are aggressively spending millions on discounts again to capture ma...
IIT Delhi grad had to wait 7 years to start his business. Today, his net worth is over $2.3 billion. Who is Jyoti Bansal?Jyoti Bansal, an IIT Delhi alumnus, faced visa hurdles in the US. He waited seven years for permanent residency before launching AppDynamic...
Global stocks: Shell pauses $3 billion share buybackShell has decided to put its $3 billion share repurchase program on hold from June 12 to July 14, as it navigates the implications of its a...
Manipal Health leases Bengaluru hospital asset on nearly 30-year pactManipal Health Enterprises has secured a large hospital building in Bengaluru on a long-term lease. The deal spans almost 30 years, with a ...
Quote of the Day by Liam Neeson: ‘If you make yourself more than just a man, if you devote...’ - The Schindler's List legend’s inspiring message about living with purposeLiam Neeson's iconic line, 'If you make yourself more than just a man, if you devote yourself to an ideal, you become something else entire...
One of UK's oldest listed cos Tate & Lyle accepts $3.6 billion bid from IngredionIngredion is set to acquire Tate & Lyle for 2.7 billion pounds, approximately 3.6 billion dollars. This deal marks the end of Tate & Lyle's...
AOL, Vimeo parent Bending Spoons files for US IPOBending Spoons, an Italian tech firm, has filed for a US initial public offering. The company, which acquired AOL and Eventbrite, could be ...
Carlyle-backed Viyash Scientific buys Italy’s BioForLife for Rs 188 croreViyash Scientific, backed by Carlyle, is acquiring Italy's BioForLife for Rs. 188 crore. This move aims to build a leading global companion...