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Delhivery investors cash out as stock nears IPO priceIn an exchange filing on Thursday, SoftBank disclosed that it sold around 14.6 million shares, or about a 2% stake, between September 2024 ...
Alpha Wave sells entire 1.9% stake in Delhivery; stock falls over 2%Global investment firm Alpha Wave Global has divested its entire 1.93% stake in logistics giant Delhivery for Rs 665 crore. This significan...
IRFC shares fall 2% as OFS worth Rs 2,212 crore opens for retail investors today. Here's all you need to knowIndian Railway Finance Corporation (IRFC) shares dipped as the government initiated an Offer for Sale (OFS), aiming to divest nearly 2% sta...
IRFC OFS subscribed over 1.5x by institutional investors; govt to exercise greenshoe optionThe government’s offer for sale in IRFC received a strong response from institutional investors, with the non-retail portion subscribed 1.8...
Chinese EV makers are shut out of India - but their tech isn'tDespite India's restrictions on Chinese automakers, their electric vehicle technology is finding its way into the Indian market. Tata Motor...
Chinese EV makers are shut out of India - but their tech isn'tDespite India's restrictions on Chinese automakers, their electric vehicle technology is finding its way into the Indian market. Tata Motor...
Promoter Twin Star sells Vedanta shares worth Rs 1,896 crore in block dealTwin Star Holdings, a promoter entity of Vedanta, sold 6.51 crore shares worth nearly Rs 1,896 crore through a block deal on Tuesday. The t...
Govt to sell up to 2% stake in IRFC via OFS; issue opens WednesdayThe government will launch an OFS in IRFC on Wednesday, offering up to a 2% stake through a base issue and greenshoe option. The share sale...
Cochin Shipyard shares fall 3% amid buzz around OFS at 8% discountCochin Shipyard shares dipped Monday following reports of a potential government Offer for Sale (OFS) at a discount. The government, aiming...
Critical minerals, strategic stakes: Inside India's bid to break China's supply chain strangleholdIndia and the US have inked a pact to secure critical mineral supplies, bolstering a broader Quad initiative aiming to invest $20 billion i...
China's domestic economy remains weak despite export boom, says Jefferies reportChina's economy shows a worrying trend: while exports are booming, especially in semiconductors, domestic demand is faltering. Consumer spe...
US President Trump says Apple to work with Intel to manufacture chips in USApple is set to collaborate with Intel for chip design and manufacturing within the United States. This move aims to diversify Apple's prod...
Taiwan's Lai says defending democracy is not a provocation against ChinaTaiwan's President Lai Ching-te asserts that defending the island's security and freedom from Chinese Communist Party rule is not provocati...
Pizza Hut: From $600 loan to 20,000 stores and the new $2.7 billion twist for the global empirePizza Hut, a nearly 70-year-old American icon, has been split in a $2.7 billion deal. Yum Brands is selling its international business outs...
Starbucks Korea to shut 2,000 stores to teach history lessons to employeesStarbucks Korea is closing over 2,000 stores for mandatory history and social sensitivity training after a marketing campaign sparked outra...
Retail players can skip GIC Re's OFS: AnalystsRetail investors are advised to skip the government's offer for sale in General Insurance Corp of India. Analysts point to ongoing profitab...
Cloudnine's 25% stake sale attracts top global PE firmsLeading global private equity firms are in the running to acquire a substantial minority stake in Cloudnine, India's premier maternity and ...
China's May retail sales fall for first time in over three yearsChina's economy shows a worrying split in May. While factories are humming with strong exports, consumer spending took a hit, with retail s...
Govt to sell up to 5% stake in insurer GIC via OFSThe Indian government is set to divest up to a 5% stake in General Insurance Corporation. This offer for sale begins for non-retail investo...
Tata Consumer Products to add 50-100 Starbucks outlets annually; sees potential for 8,000 unitsTata Starbucks aims for massive expansion in India, with plans to reach 8,000 stores. The coffee chain is now profitable at the operating l...