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Rs 8,350 crore crash in Persistent shares explained: Why investors are worried about Nagarro dealPersistent Systems' shares plunged nearly 11% following its announcement to acquire Germany-based Nagarro for €1.27 billion. While the deal...- Bharti Airtel raises stake in Airtel Africa to 79 per cent in transaction worth Rs 28,000 crBharti Airtel has significantly boosted its stake in Airtel Africa to approximately 79 percent through a Rs 28,200 crore share-swap deal. T...
- When a small footnote is used as a tool to make a weak balance sheet look strongThis is the uncomfortable truth about company accounts. A number on a balance sheet is not always cash that will return, and a liability tu...
- Nifty Bank rallies 1,000 points; HDFC Bank, IndusInd, Yes Bank, and other stocks jump up to 3%. What lies ahead?Banking stocks rallied sharply on Monday, pushing the Nifty Bank index nearly 1,000 points higher as easing geopolitical tensions and falli...
- FPI exodus continues, Rs 62,800 cr pulled out from equities in first fortnight of JuneForeign investors continue to sell Indian shares. They have withdrawn over Rs 62,853 crore in early June. This follows significant outflows...
- Asian stocks fall, oil gains as US strikes IranUS forces launched fresh strikes on Iran, escalating geopolitical risks and sending oil prices up over 2%. This development, coupled with a...
- Sensex gains 560 points, Nifty above 23,800. Key factors behind today's Dalal Street rallyIndian stock markets surged in early trading, with Sensex and Nifty extending gains for a second day. A stronger rupee, falling bond yields...
- Bharti Airtel claims No.2 spot: How it beat HDFC Bank to become India's second most valuable companyBharti Airtel has overtaken HDFC Bank to become India’s second most valuable listed company. Airtel shares rose over 2%, taking its market ...
- Mittal charts map for Bharti Telecom to regain Airtel majorityBharti Telecom chairman Sunil Mittal plans to increase his family's stake in Bharti Airtel. The company will also boost its ownership in it...
- Sunil Bharti Mittal to hand over Airtel to his children in 10 yrs, desires Bharti Telecom regains 51% stake in coTelecom leader Sunil Bharti Mittal intends to pass on Bharti Airtel's leadership to his children in the next ten years. He also aims for pr...
- Airtel plans Rs 28,000 crore share swap: Deal with ICIL to raise parent’s stake in Airtel Africa & Mittal family’s stake in AirtelBharti Airtel's board approved a ₹28,220 crore share-swap deal with ICIL, a Mittal family entity, to increase its stake in Airtel Africa to...
- Instant househelp orders jump; Agnikul eyes new fundingHappy Monday! Instant house help startups collectively reached three million monthly bookings in April. This and more in today's ETtech Mor...
- Putin says presented war update to India, China, US, paving way for three-day Ukraine ceasefireRussian President Vladimir Putin announced a three-day ceasefire with Kyiv, citing humanitarian reasons and respect for the shared victory ...
- UpGrad to acquire Unacademy for Rs 2,055 crore, 90% below peak valuationAfter on-again, off-again talks, Ronnie Screwvala-run edtech firm UpGrad is acquiring UpGrad in a cut price deal. UpGrad is also raising an...
- Info Edge commits Rs 250 cr in deep-tech AIF; exits Shopkirana via share-swap deal with TIPLInfo Edge is set to invest up to Rs 250 crore in an alternative investment fund. This fund will back early-stage deep-tech companies in Ind...
- Byju's sends legal notice to Aakash founders demanding share transferEducation technology startup Think and Learn Pvt Ltd, which operates under Byju's brand name, has sent a legal notice to founders of Aakash...
- Cabinet clears pact with Japan for setting up flexible LNG marketIt will contribute to the diversification of gas supplies for India, it will also strengthen the energy security and lead to more competiti...
- Suzuki Motor's stake in Maruti Suzuki goes up to 56.21 pcSuzuki Motor Corp's stake in subsidiary Maruti Suzuki has gone up to 56.21% after merger of Suzuki Powertrain into India's largest car make...
- SpiceJet-GoAir merger plan flies into air pocketA possible merger between low-cost carriers SpiceJet and the Wadia Group-owned GoAir has hit a roadblock after the two sides failed to arri...
- GoAir, SpiceJet deal enters air pocketSpiceJet and GoAir have an agreement of exclusive negotiations till March 2010 to execute the deal.
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