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ADIA to sell Rs 1,944 crore Lenskart stake days after SoftBank exitAbu Dhabi Investment Authority (ADIA) is set to divest up to 2.3% of its stake in eyewear retailer Lenskart for approximately Rs 1,944 cror...
Mygate closes Rs 225 crore deal with Dharana CapitalHousing society management platform Mygate has secured Rs 225 crore in a funding round led by Dharana Capital. The deal, which includes pri...
A new IPO frenzy: Why is Bharat making a beeline for bourses?Retail chains from smaller Indian towns are planning to raise over Rs 7,000 crore through IPOs. These companies see capital markets as a fa...
A $6 billion share sale wave in India signals deals perking upIndia's equity markets are poised for a busy period with over $6.3 billion in offerings expected in two months. This surge follows a subdue...
These 8 banking stocks have an upside potential of up to 26% in 1 year, according to analystsIf oil prices stay at higher levels, some FPIs with exposure to the Indian banking sector through ETFs might decide to sell, putting these ...
Proverb of the day: ‘But what love has bound together, time cannot unbind’; lessons on how true love can overcome any challenges and time cannot make genuine affection fadeTrue love, unbound by societal expectations or the passage of time, possesses a magical and transformative power. This enduring bond, roote...
India’s quantum opportunity: Turning scale into strategic advantageIndia has a structural advantage in quantum computing. Its size inherently creates challenging optimisation issues, offering a practical te...
Russia, US and nuclear: What to expect from Xi-Kim summitChina's President Xi Jinping will visit North Korea on Monday as he seeks to cement Beijing's influence in its own backyard, following summ...
On This Day, June 4: Iran's supreme leader elected, women's suffrage bill passed, ATM patent approved, D-Day delayed, first shopping cart introduced, Henry Ford's first car ride and National Hug Your Cat DayJune 4 marks a day of global historical significance. Major events include the Tiananmen Square crackdown, the liberation of Rome in World ...
SoftBank sells Rs 2,873 crore worth of Lenskart shares in block deal to Goldman Sachs and other investorsLenskart Solutions saw a major stake sale as SoftBank offloaded shares worth about Rs 2,873 crore through a block deal. The transaction dre...
ETMarkets Smart Talk | Don't mistake foreign outflows for an India exit story; smart money is becoming more selective: Milan ParikhForeign institutional investors are net sellers in Indian equities due to global concerns, but this reflects capital reallocation, not a lo...
PhysicsWallah dials down schools push after investor uneasePhysicsWallah is shifting its K-12 expansion strategy to an asset-light, online-led model, moving away from capital-intensive school operat...
Why is Google stock (GOOG) down today? Investors react to Alphabet's $80 billion equity raise for AI expansion - here's everything you need to knowGoogle stock price today: Alphabet's stock dipped following news of an $80 billion equity offering. This move aims to finance the company's...
At Big 4 firms, AI is starting to reshape the tax professionMajor accounting firms in India are embracing artificial intelligence for tax services. AI is automating routine tasks, research, and draft...
Unified Lending Interface is a good start. Now comes the hard partIndia's new Unified Lending Interface, ULI, promises to fix credit access. However, its true impact depends on fintech companies.
Tamil Nadu: AIADMK whip Krishnamoorthy meets Governor, seeks action against 'horse-trading' by TVKAIADMK has approached the Tamil Nadu Governor alleging political horse-trading by the ruling TVK party. This follows the resignation of fou...
From lottery draws to fiscal spending, China broadens digital yuan footprintIn a series of measures, many revealed here for the first time, the People's Bank of China (PBOC) is giving banks policy incentives and beh...
RBI to explore CBDC pilot in cross-border transactionsThe Reserve Bank of India (RBI) plans to expand its digital rupee pilot to more direct benefit transfer schemes and the domestic retail spa...
NEET-UG paper leak: How CBI arrested ‘God’ in Maharashtra through WhatsappThe CBI has arrested two more individuals in the NEET-UG 2026 paper leak case. A Latur-based paediatrician and a Pune-based physics teacher...
BIS and banks build blockchain cross-border payments prototypeGlobal financial institutions are set to test a new digital system for cross-border payments. This project, involving major banks and centr...