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CORPORATE MOVES STAKES CHANGING HANDS
A German and a Chinese walk into a hot Indian corporate battlegroundIndia's consumer durables market is heating up as global giants like Bosch enter the mass segment and tech firm Xiaomi expands into large a...- Jio IPO explained: What a fresh issue and no OFS in India's biggest public offer means for investorsReliance Industries' move to structure the proposed Jio Platforms IPO as a fresh issue of up to 27 crore shares, rather than a largely offe...
- Chennai Petroleum Corporation gets Navratna status, becomes 28th such CPSEChennai Petroleum Corporation Ltd (CPCL) has achieved Navratna status, a significant upgrade granting it greater financial and operational ...
- French Proverb of the Day: 'I don’t know where the road leads, but...'- A beautiful lesson about love, trust, and shared journeysA timeless French proverb, "I don’t know where the road leads, but I walk better when my hand is held in yours," beautifully captures the p...
- $6 billion double dhamaka coming: Jio and NSE likely to file for India's biggest IPOs this weekReliance Jio and the National Stock Exchange are poised to file draft IPO papers this week, targeting a combined fundraising of approximate...
- NSE IPO Bonanza: PSU banks, insurers and early investors eye huge gainsDozens of investors, including public sector banks and insurers, are poised for substantial gains from the upcoming National Stock Exchange...
- In 1912, Cadillac fitted 12,000 cars with Charles Kettering's electric self-starter; the hand-crank era ended, and ordinary drivers could finally start a car safelyIn the early days of the automobile, drivers faced a daunting ritual every time they wanted to hit the road. Cranking the engine by hand wa...
- Bajaj Auto sets June 24 as record date for Rs 5,632 crore share buyback. Here’s all you need to knowBajaj Auto has set June 24 as the record date for its substantial Rs 5,633 crore share buyback. Shareholders will be eligible to tender sha...
- Ankur Warikoo shares an important life lesson: 'Do Epic Shit' author says he had IIT goal in school, US dream in college, but now 'no destination at all'Finfluencer Ankur Warikoo reflects on his evolving definition of success, moving from academic and professional milestones to business goal...
- LIC won’t sell stake in NSE IPO OFS, betting on exchange's long-term potentialLife Insurance Corporation of India will not sell its stake in the National Stock Exchange's IPO. LIC holds a significant 10.7% stake in NS...
- Stocks in news: IFCI, Tata Motors, General Insurance Corp, Corona Remedies, HFCLMarkets extended their winning streak for the fourth consecutive session, driven by favorable global cues and sustained sector-wide buying....
- En route to D-Street: NSE files draft papers with SebiThe National Stock Exchange has filed its draft prospectus with Sebi, moving closer to its long-awaited Initial Public Offering. The IPO is...
- BBC to cut 550 jobs in cost-saving drive, including news division layoffsBritain's BBC is set to eliminate 550 jobs across its news and content departments. This move is part of a significant £500 million savings...
- IDBI Bank share price rockets 19%. What’s triggering the massive surge?IDBI Bank shares rose sharply on Wednesday, extending a four-session rally amid heavy trading volumes and renewed optimism around the lende...
- GIC shares dip 4% as Rs 3,088 crore OFS opens for retail investors. Should you participate?General Insurance Corporation of India shares saw a dip as the government initiated an Offer for Sale. Retail investors can now bid for a s...
- GIC shares decline 6% as Rs 3,088 crore OFS opens at 9% discountThe government is set to divest up to a 5% stake in General Insurance Corporation of India (GIC) through an offer for sale, opening today a...
- Elon Musk’s biggest wealth-creation moment: SpaceX IPO turned 4,400 workers into millionaires overnightElon Musk's startup SpaceX's historic IPO made around 4,400 employees millionaires overnight as they accumulated significant wealth through...
- 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...
- Airtel secures nearly 100% investor support to raise Airtel Africa stake to about 79%Bharti Airtel shareholders have overwhelmingly approved a plan to increase its stake in Airtel Africa Plc. This strategic move involves a c...
- Suits & Sayings: The Quiet ExitET's roundup of the wackiest whispers in corporate corridors
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