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JSW Energy, Gemstar & Actis vie for Polaris smart meteringAs Polaris Smart Metering progresses to the next phase of its sale, several shortlisted bidders, such as Actis, JSW Energy, and Gemstar Inf...
Go slow on rate hikes: Make capital accessible and affordable to drive investment and job creationIndia is witnessing a notable increase in active companies, driven by the easing of regulations and lower capital costs. The government's f...
FM holds talks with global financial leaders in Singapore, pitches for boosting investment in IndiaFinance Minister Nirmala Sitharaman held meetings with global financial leaders in Singapore to encourage investments. Discussions included...
Tessolve raises $75 million from US-based Vector Line CapitalVector Line, a strategic investment company that invests exclusively in semiconductors and the chip supply chain, joins existing investors ...
INWIT investors line up financing for possible take-private, sources sayShareholders of INWIT are reportedly arranging financing for a potential take-private bid amid ongoing disputes. The investors involved inc...
Warren Buffett’s deputy turned $70,000 into $264 million in 29 Years: How Ted Weschler did itTed Weschler, Warren Buffett’s deputy at Berkshire Hathaway, grew his retirement account from more than $70,000 in 1989 to $264 million by ...
Andhra factory makes 3 million tea bags daily for global giants Walmart, Aldi and CarrefourEverton Tea India thrives in Tirupati, manufacturing a whopping three million flavored tea bags each day for international markets. Since i...
Former tennis star James Blake helped launch a pickleball team with a $100,000 investment; two years later, co-owner Marc Lasry estimated the franchise could be worth millionsJames Blake and Marc Lasry's foray into Major League Pickleball started with a $100,000 investment in 2021. Over the last two years, their ...
IPO Watch: Want to invest in Initial Public Offering? Know this factor before buying sharesIPO tracker: Australia's Nvidia-backed AI data centre operator Firmus withdrew its planned stock market listing on the bourse in October, c...
Coca-Cola looks to sell Costa Coffee, Semafor reportsCoca-Cola is reportedly seeking to unwind its $5 billion acquisition of Costa Coffee after a failed sales process. The beverage company pre...
Indian firms seen posting faster profit growth despite global headwindsIndian companies are projected to achieve profit growth during the September quarter despite various challenges affecting different sectors...
Canada's Weston family company agrees to buy UK's BootsWittington Investments, Limited will acquire Boots' retail operations in the UK and Ireland, Boots Opticians, No7 Beauty Company and its Th...
Piyush Goyal woos top US companies for investmentCommerce and Industry Minister Piyush Goyal has met various US firms in New York to discuss investment potential. Meetings included represe...
DFM Foods sale: EQT, Emami, Balaji Wafers join ITC, TPG for Crax maker buy-outEQT Partners, Emami and Balaji Wafers have joined ITC, TPG and ChrysCapital in the race to acquire Crax maker DFM Foods, as Advent Internat...
Nifty 50 companies likely to log strong double-digit growth in Q2Revenue and net profit of Nifty 50 companies are projected to grow by nearly 20% year-on-year. Analysts note that performance is driven by ...
South Korea plans to develop $3.5 billion frontier AI model starting next yearSouth Korea plans to launch a 4.7 trillion won ($3.5 billion) programme to develop a frontier AI model from March 2027, the science ministr...
Haldia to revamp feedstock mix after Mideast war hit supplies, executive saysIn response to disruptions from the Middle East conflict, Haldia Petrochemicals Ltd is set to broaden its feedstock sourcing strategies. Cu...
Sumitomo Corp picks up 49% stake in Hero group unitSumitomo Corporation has acquired a 49% stake in a Hero Future Energies project vehicle that will develop a 500 MW wind-solar-battery proje...
Wall Street’s $10 billion India hospital bet sparks a fight over billsWall Street has poured about $10 billion into Indian hospital chains over the past five years, with investors including Blackstone, KKR, TP...
AI infra firm Accelevation, shareholders raise $540 million in US IPOAccelevation and selling shareholders raised $540 million in a US initial public offering, the private equity-backed data center infrastruc...