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STRATEGIC DIVESTMENT
Cred’s angels, institutional investors score big in Meta dealThe sale is part of Meta’s $900 million investment in Cred, which valued the Kunal Shah-founded company at about $4 billion. The transactio...
Govt fast-tracks disinvestment process to shore up revenues, garners 31% of budget aim in Q1 FY27The government is accelerating its disinvestment and asset monetisation drive, achieving 31% of its full-year target in just the first quar...
CCI clears RCB's $1.78-billion buyout by Aditya Birla Group, ToI consortiumThe Competition Commission of India has greenlit a massive $1.78 billion deal, allowing a consortium led by Aditya Birla Group and The Time...
Kotak Mahindra Bank to acquire Deutsche Bank’s retail banking, private banking and wealth management business in IndiaKotak Mahindra Bank is acquiring Deutsche Bank's retail, affluent private banking, and wealth management operations in India. This strategi...
Stocks in news: Waaree Energies, Kotak Bank, HDFC Bank, Strides Pharma, Persistent SystemsIndian markets showed volatility, ending nearly flat despite positive signals. Analysts note Nifty faces resistance from key moving average...
Two British American Tobacco-linked entities receive Rs 3,896 crore ITC dividend in FY26British American Tobacco's Indian entities received ₹3,895.74 crore in dividends from ITC in FY26, a slight decrease from the previous year...
Strides Pharma sells majority stake in arm Pivot Path for Rs 100 croreStrides Pharma Science has divested a majority stake in its subsidiary, Pivot Path, for Rs 100 crore to a consortium led by Ascent Capital ...
A top banker tried to sway Pope Leo XIV on rare earth miningLatin America's development bank chief urged Pope Leo XIV to consider responsible rare earth mineral extraction, highlighting its potential...
NSE IPO Effect: New India Assurance shares rally 14% on plans to offload over 1 crore shares in blockbuster offerNew India Assurance shares surged over 14% following the National Stock Exchange's (NSE) filing of its Draft Red Herring Prospectus (DRHP) ...
Kerala’s healthcare gold rush: How private equity is reshaping hospitals and raising fears over costsPrivate equity funds are pouring hundreds of millions of dollars into Kerala’s healthcare sector, reshaping a system long dominated by inde...
Noel, Chandra set to hold talks ahead of Tata Sons board meetTata Trusts chairman Noel Tata and Tata Sons chairman N Chandrasekaran will meet soon. They will discuss important issues before a key Tata...
Citi sees India IPOs hitting fresh records despite challengesIndian initial public offerings are poised for a strong comeback in the latter half of the year. Citigroup anticipates deal volumes to meet...
JSW Energy sells 2.5 crore JSW Steel shares for Rs 3,150 cr via bulk dealJSW Energy on Monday said it sold 2.5 crore equity shares in JSW Steel through a bulk deal on the NSE, raising Rs 3,150 crore. Following th...
British insurer Prudential to buy 75% in Bharti Life for Rs 3,500 croreBharti Enterprises will pare its stake in the company to 25% from 85% while 360 One Asset Management will sell its entire 15% holding and e...
Prudential to acquire 75% stake in Bharti’s insurance business for Rs 3,500 crorePrudential plc is set to acquire a 75% stake in Bharti Life Insurance Company Limited from Bharti Life Ventures Pvt Ltd. This strategic par...
Rs 1 lakh to Rs 14 crore in 24 years! Hindustan Zinc delivers 1,400x returns since Vedanta’s purchaseHindustan Zinc has delivered exceptional returns of 1,400 times since Vedanta acquired it in 2002. An initial investment of Rs 1 lakh has g...
L&T Q4 Results: Profit falls 3% YoY to Rs 5,326 crore; co declares Rs 38/share dividendL&T Q4 Results: Larsen & Toubro reported a 3% YoY decline in Q4 net profit to Rs 5,326 crore, despite an 11% revenue growth to Rs 82,762 cr...
China's TCL in talks with local companies to sell 51% in Indian plantChinese electronics giant TCL is looking to sell a majority stake in its Indian display plant. The company is seeking between ₹5,708 and ₹7...
Cboe to cut staff by 20% as exchange operator sharpens focus on core businessCboe Global Markets' CEO Craig Donohue on Friday outlined plans to sharpen the exchange operator's focus on key businesses, including a 20%...
Paris airport operator to sell up to 7.3% stake in GMR Airports in over $1 billion deal, retains co-promoter statusGroupe ADP will sell a portion of its stake in GMR Airports. The deal is valued at up to €924 million. ADP will keep its co-promoter status...