PFC, REC boards approve merger scheme, share exchange ratio at 88 PFC shares for every 100 REC sharesPower Finance Corporation and REC Ltd boards have greenlit their merger, creating India's largest power financier with over Rs 11 lakh cror...
28 Jun, 2026, 11.39 PM IST
Byju's lenders seek 30% stake in Indian education group in settlementByju's operated in more than 21 countries at one point and became popular during the COVID-19 pandemic by offering online courses. But it...
26 Jun, 2026, 10.28 PM IST
Cummins India to invest more in green techCummins India is aggressively investing in electric, fuel blending, and hydrogen technologies to secure growth beyond 2030 and counter risi...
26 Jun, 2026, 02.39 PM IST
PFC, REC seek to help centre retain majority at low costPower Finance Corp and REC are finalizing a merger plan to help the government maintain its majority stake cost-effectively. Two primary op...
26 Jun, 2026, 12.46 AM IST
Infra projects see Rs 5.4 lakh crore cost overrun: MoSPIIndia's major infrastructure projects, each exceeding Rs 150 crore, have collectively seen cost overruns reaching approximately Rs 5.4 lakh...
25 Jun, 2026, 06.27 PM IST
IndiaAI backing could make government a minority shareholder in SarvamThe central government could end up with a 1-2% stake in AI startup Sarvam, valued at $1.5 billion, as part of its $300 million funding rou...
25 Jun, 2026, 10.13 AM IST
Missed the FII U-turn? 6 stocks turned multibagger after foreign investors corrected their mistakeForeign institutional investors (FIIs) reversed their selling trend in six select Indian stocks, turning them into multibaggers. Bajaj Cons...
25 Jun, 2026, 09.32 AM IST
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...
24 Jun, 2026, 07.25 PM IST
IRFC shares tumble 5% as OFS opens for non-retail investors. Here’s what shareholders should knowIRFC shares dipped 5% as the government launched an Offer for Sale, planning to sell a 1% stake at a floor price of Rs 91. This move aims t...
24 Jun, 2026, 09.24 AM IST
Meta's India bet: Why Kunal Shah could be key to unlocking WhatsApp's business potentialMeta, owner of WhatsApp, is exploring ways to monetize its massive Indian user base. A potential minority stake in fintech startup Cred, le...
23 Jun, 2026, 11.53 PM IST
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...
23 Jun, 2026, 08.06 PM IST
Meta's Cred deal showcases new playbook: take stake, hire the founderMeta is strategically acquiring minority stakes in tech firms and integrating their founders into senior roles, a pattern evident with Cred...
23 Jun, 2026, 05.35 PM IST
Kotak Mahindra Bank has 'high ambitions' to deploy capital for growth, CEO saysKotak Mahindra Bank is actively pursuing acquisitions, including loan portfolios and alternative assets, to deploy surplus capital and fuel...
23 Jun, 2026, 04.30 PM IST
AI startup Baseten hits $13 billion valuation as Australia's Blackbird makes record betThe round was led by U.S.-based investors Sands Capital and Wellington Management, Baseten said late on Monday. Top Australian venture ca...
23 Jun, 2026, 09.12 AM IST
Stocks in news: TCS, JSW Infra, Craftsman Automation, IIFL Finance, Transrail LightingIndian markets showed a positive trend on Monday, recovering some of Friday's dips, buoyed by global sentiment and strong performance in th...
23 Jun, 2026, 06.43 AM IST
Three ways Trump could get a stake in AI firms for the USPresident Donald Trump is actively investigating how to ensure that the American public can benefit from the lucrative advancements within ...
22 Jun, 2026, 09.04 PM IST
JSW Infrastructure launches Rs 7,500 crore QIP, to fund capex, repay debtJSW Infrastructure has launched a Rs 7,503 crore QIP to fund expansion projects, reduce debt and pursue strategic acquisitions. The institu...
22 Jun, 2026, 09.04 PM IST