India Revives Tiger Global Tax Case with Caution
The Indian government plans to reopen tax assessment against Tiger Global's Flipkart stake sale, but will proceed carefully respecting appeal rights. The case involves ₹14,500 crore capital gains.
The Indian government plans to reopen tax assessment against Tiger Global's Flipkart stake sale, but will proceed carefully respecting appeal rights. The case involves ₹14,500 crore capital gains.
LIC sold 12.70 crore shares of ICICI Bank, lowering its stake from 6.737% to 4.731%. The move comes just before the bank's Q3 earnings report on January 17.
Amazon's Great Republic Day Sale 2026 is now live, featuring massive discounts of up to 75% on electronics, gadgets, and accessories across various categories.
Groww, the popular investment platform, plans to sell a 23% stake in its asset management subsidiary to raise capital for expansion and new initiatives.
Global firms Macquarie, Actis, and Sembcorp are evaluating bids for a 50% stake in Gentari's India renewable energy business, valued at $2-2.5 billion.
Amazon India's Great Republic Day Sale 2026 kicks off on January 16. Get up to 75% off on smartphones, TVs, laptops & more with SBI card discounts. Learn how to prepare.
Amazon Great Republic Day Sale starts Jan 16, Flipkart's on Jan 17. Get huge discounts on OnePlus, iPhone, Samsung phones & 10% bank offers. Details inside.
Amazon's Republic Day Sale begins January 16 with massive discounts on smartphones from iQOO, OnePlus, Samsung, Apple & more. Get bank offers & top deals on electronics.
CII's pre-Budget pitch urges calibrated privatization to mobilize Rs 10 lakh crore, boosting efficiency & global competitiveness. Read the full proposal details.
CII recommends testing market appetite before PSU disinvestment to unlock ₹10 trillion. A 3-year privatization list & demand-based approach could boost valuations ahead of Budget 2026-27.
Flipkart's Republic Day Sale 2026 starts January 17. Expect huge discounts on iPhones, Samsung smartphones, electronics & more. Grab the best deals!
IIFCL's Deputy Managing Director confirms plans to dilute up to 25% government stake, aiming for enhanced valuation and operational flexibility. Read the full details here.
Amazon's Great Republic Day Sale 2026 begins January 16. Get massive discounts on smartphones, laptops, TVs, and more. Don't miss the best deals of the season!
OpenAI and SoftBank invest $500 million each in SB Energy to power the massive Stargate AI data centre initiative. This move highlights the critical energy crunch facing AI's future expansion. Read more.
SoftBank Group has reduced its stake in Ola Electric Mobility from 15.6% to 13.5%, selling shares via open market. Discover the details and implications of this strategic move.
SoftBank sells 2.15% stake in Ola Electric via open market deals. Founder Bhavish Aggarwal also sold shares to repay a loan. Read the full details and market impact here.
Indian Gas Exchange (IGX) plans its IPO by end-2026. The offer will involve a 22% stake sale by promoter IEX. Discover details on expansion, gas trading growth, and future plans for hydrogen trading.
Private equity firm Kedaara Capital is set to acquire a majority stake in Mohali-based Tynor Orthotics, valuing the medical device maker at ₹3,500-4,000 crore. Read the full story.
Bollywood's iconic family-run studios like Dharma and Excel are selling stakes to corporate giants, marking a fundamental shift towards a corporatized, professionally financed entertainment ecosystem. Explore the major deals and their impact.
The Cabinet's relief package for Vodafone Idea, freezing Rs 87,695 crore AGR dues, may pave the way for a government exit and private investor stake sale. Read the full analysis.
Adtech giant InMobi is in early discussions to secure $100-150 million in a pre-IPO round to realign its cap table and set valuation benchmarks for its planned FY27 public listing. Read the full story.
SoftBank Group finalises a massive $4.1 billion investment in OpenAI, acquiring an 11% stake. This strategic move intensifies the global AI race. Read more for details and analysis.
Masayoshi Son's SoftBank fulfills its massive $40 billion commitment to AI giant OpenAI, funding Project Stargate. The move involved selling its entire Nvidia stake. Read the full story.
Edelweiss Financial Services completes divestment of 10% stake in its asset management business to WestBridge Capital. Deal values Edelweiss Asset Management at ₹3,000 crore. Read details.
US stock indexes fell on Monday, led by tech stocks, despite a strong yearly performance. DigitalBridge surged on SoftBank's $4 billion deal. Get the full market analysis.
SoftBank Group acquires DigitalBridge Group for $4 billion to expand its AI infrastructure portfolio. The deal, a 15% premium, signals a major bet on data centers and computing power for AI. Details inside.
Arvind Fashions Ltd acquires Flipkart's 31.25% stake in Arvind Youth Brands for ₹135 crore. Flying Machine brand to remain on Flipkart. Full story on the strategic buyout.
Samsung Life, BNP Paribas, Prudential Plc, and Norwest Venture Partners are evaluating a stake buy in IndiaFirst Life Insurance from Warburg Pincus, in a deal that could value the insurer at over ₹10,000 crore. Read more.
Warburg Pincus is in talks to sell its 26% stake in IndiaFirst Life Insurance, potentially valuing the insurer at over Rs 10,000 crore. The move follows recent insurance law amendments that have attracted global investors.
ITC's stock has dropped 12% this year due to BAT stake sale, GST on sin goods & hotel demerger. Fundamental & technical experts reveal if it's a value buy now. Read for insights.