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DIVESTMENT
National Conference MLAs suggest 10 corrective measures to CM Omar Abdullah for accountability within the partyEighteen ruling National Conference MLAs have submitted a 10-point memorandum to Chief Minister Omar Abdullah, seeking corrective measures,...03 Nov, 2026, 09.13 AM IST- French billionaire Xavier Niel gets CCI approval to acquire 16.2% stake in VodafoneXavier Niel's investment vehicle, Vega SAS, has obtained approval from the Competition Commission of India to purchase a 16.2 percent stake...30 Oct, 2026, 10.36 PM IST
- “During Congress’s time, banks were created; in Modi era, they are being sold”: Rahul Gandhi targets govt over IDBI Bank saleRahul Gandhi has criticised the Centre's proposed sale of a 60.72% stake in IDBI Bank, questioning the privatisation of a profitable public...30 Oct, 2026, 10.43 AM IST
- Microsoft buyouts 2026: Which teams qualify, which departments are excluded and how many MSFT employees are eligible for the voluntary exit offer?Microsoft is offering voluntary buyouts to around 60,000 employees across the US, UK, India and Canada. Find out which teams qualify, which...29 Oct, 2026, 07.24 PM IST
- Blue Star strengthens leadership as Q2 revenue jumps 21%, margins tightenBlue Star Ltd appointed Nithianand S and Senthil Thangam as key management personnel effective November 1, 2026. The company reported a 21%...29 Oct, 2026, 05.15 PM IST
- Info Edge Q2 Results: Net profit plunges 93% YoY to Rs 334 crore, revenue rises 13%; co declares Rs 3/share interim dividendInfo Edge reported a sharp year-on-year decline in Q2 net profit due to a large exceptional gain in the previous year, while revenue and op...28 Oct, 2026, 04.19 PM IST
- RH billionaire Gary Friedman bought a $15 million Beverly Hills mansion unfinished; three years later, he sold it unfinished for $24 millionGary Friedman sold his unfinished Beverly Crest mansion for $24 million, making a significant profit. The property, initially designed in 2...27 Oct, 2026, 04.30 PM IST
- Target reached, but asset monetisation to continue: DIPAM secretary Arunish Chawla"We have already identified a cluster of 10 national highways, which will provide the underlying capital asset. So, the second public InvIT...24 Oct, 2026, 08.34 AM IST
- Pawan Hans asked to chart financial and organisational turnaround plan by DecemberThe Department of Public Enterprises has requested Pawan Hans to draft a five-year turnaround plan. This plan should address financial rest...24 Oct, 2026, 12.13 AM IST
- EAAA India Alternatives mops up Rs 360 crore from anchor investors; IPO opens on Oct 26EAAA India Alternatives has successfully raised approximately Rs 360 crore from anchor investors prior to its IPO. This IPO is set to open ...23 Oct, 2026, 10.20 PM IST
- "Nothing to fear": Top bureaucrat says IDBI staff, pensioners' service conditions won't change after Fairfax dealThe DIPAM secretary's assurance comes as IDBI Bank employees oppose the government’s divestment plan and have called for a strike across th...23 Oct, 2026, 09.29 PM IST
- How a merged SpaceX-Tesla might navigate its China problemElon Musk's proposed merger of Tesla and SpaceX may encounter significant hurdles from US and Chinese regulators. Concerns about national s...22 Oct, 2026, 12.18 PM IST
- Fabindia looks beyond its 'heritage' to revive growth and cash flowRevenue increased 6.3% to Rs 1,313 crore in the year ended March, while profit before exceptional items and tax surged 24.4% to Rs 131 cror...22 Oct, 2026, 01.05 AM IST
- Challenges ahead for Fairfax's management of IDBI Bank post ₹52,878 crore stake deal approvalFairfax Financial's subsidiary has acquired a 60.7% stake in IDBI Bank for ₹52,878 crore, leading to potential operational changes. The new...21 Oct, 2026, 04.21 PM IST
- Varmora Granito H1 profit jumps 498% to Rs 53.7 cr; shares rise nearly 6%Varmora Granito Ltd reported a 498 percent growth in profit after tax for the first half of the fiscal year. They saw a 3.3 percent rise in...21 Oct, 2026, 02.30 PM IST
- LTTS reports 67% net profit surge to Rs 548.2 crore, driven by SWC businessThe Pune-headquartered company booked a capital gain of Rs 165 crore from the SWC divestment. Profit from continuing operations rose about ...19 Oct, 2026, 09.19 PM IST
- Nilesh Shah on PSU privatisation: How Hindustan Zinc offers a lesson for IDBI BankKotak AMC’s Nilesh Shah cited Hindustan Zinc as an example of how strategic divestment combined with a retained minority stake can create l...15 Oct, 2026, 06.57 PM IST
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