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BROOKFIELD BUSINESS PARTNERS
Infosys, TCS, HCLTech shares tumble 5% to fresh 52-week lows; Nifty IT crashes 4%. What’s spooking investors?Indian IT stocks tumbled sharply as Infosys, TCS, HCLTech and others fell up to 5%, dragging the Nifty IT index down 3%. The selloff follow...- OpenAI creates new unit with $4 billion investment to aid corporate AI pushOpenAI is launching a new venture with over four billion dollars. This new company will help businesses build and use artificial intelligen...
- OpenAI, Anthropic ventures in talks to buy AI services firms: SourcesAI giants OpenAI and Anthropic are planning to buy companies that help businesses use artificial intelligence. These moves aim to bring in ...
- OpenAI finalises $10 billion joint venture with PE firms to deploy AIOpenAI has launched a new venture, The Deployment Company. It has secured over $4 billion from 19 investors. This company will focus on hel...
- Amaravati to be developed as ‘world’s quantum valley’: Chandrababu NaiduAndhra Pradesh aims to become a global 'quantum valley' for AI and data centres, attracting significant FDI. Chief Minister Naidu announced...
- Indian IT pack falls; MeitY’s e-gaming rulebookIndian IT stocks suffered on Wednesday after HCLTech’s weak Q4 numbers. This and more in today’s ETtech Top 5.
- US Stocks: Pizza chains Papa John's and Pizza Hut edge closer to finding new owners, sources sayTwo of America's most popular national pizza chains are edging closer to selling to new owners as stiff competition, rising commodity costs...
- Brookfield to start cloud business amid AI frenzy: The InformationBrookfield plans to launch its own cloud business, leasing chips in data centres directly to AI developers. It will be backed by a new $10 ...
- Brookfield to buy controlling stake in Leap Green for $550 millionBrookfield has made a significant equity investment of over $200 million in Leap Green Energy, a renewables platform based in Tamil Nadu th...
- UAE's Alterra commits $1 billion to Brookfield’s climate fundThe $5-billion Catalytic Transition Fund (CTF) managed by Brookfield Asset Management receives a $1-billion commitment from UAE's Alterra M...
- Brookfield to invest $845 mn in new renewable JV with Axis Energy VenturesBrookfield, through the Brookfield Global Transition FundII (BGTF II), has committed to provide equity capital of up to $845 million (Rs728...
- Brookfield aiming to build 12-16 GW of renewable power in India over the next 10 yearsBrookfield is looking to multiply its current 4 GW renewable portfolio by 3 to four times in India within the next decade generation as wel...
- Brookfield-owned Sagen picks up 31% stake in IMGCThe proceeds will provide growth capital to the business and the proposed transaction will close after regulatory approvals.
- Media measuring company Nielsen to be acquired in $16 billion dealA group of private equity investors led by Evergreen Coast Capital Corp., an affiliate of Elliott Investment Management L.P., and Brookfiel...
- IndoStar Capital Finance board okays Rs 10,000 crore fund raise plan through bondsThe decision was taken at the company's board of directors meet on August 12 to declare and approve quarterly results for quarter ended Jun...
- Brookfield to invest Rs 1450 crore for 40% in IndoStarBrookfield will invest the money through a combination of subscription to securities and purchase of shares from IndoStar Capital Mauritius...
- CCI approves Reliance's divestment of Jio tower assetsThe proposed transaction involves the acquisition of indirect control of RJIPL by Jarvis, the Competition Commission of India (CCI) noted i...
- Brookfield shuts realty advisory arm in IndiaThe Indian unit is believed to have grown at 25-30% CAGR in the past few years.
- Reliance Communication signs binding pact with Brookfield for $1.6 bn tower stake saleAs per the agreement Anil Ambani owned firm will enjoy certain information and other rights, but will not be involved directly or indirectl...
- Brookfield set to buy majority stake in Reliance Communication towers; Anil Ambani to stay on as minority partnerSources say, valuations have already been revised from an earlier Rs 21,500 crore, Brookfield is valuing the portfolio at around Rs 16,500 ...
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