In a landmark move for NBA franchise ownership, billionaire investor Mark Walter secures controlling interest in the iconic Los Angeles Lakers following league approval. Discover how this financial titan is reshaping basketball's future.
Indian government plans strategic divestment of LIC stake worth up to $1.5 billion by December 2024. SEBI's minimum public shareholding norm drives this major financial move.
Bollywood filmmaker Karan Johar reveals his biggest business regret after selling 50% of Dharma Productions for ₹50 crore, a stake that could be worth ₹1,500 crore today. Read the shocking confession.
Missouri authorities investigate whether Drake and streamer Adin Ross promoted illegal gambling to underage viewers during controversial Stake.com livestreams, raising concerns about celebrity-endorsed crypto gambling.
Philanthropist MacKenzie Scott continues her charitable spree with a massive $38 million donation to Alabama State University, marking one of the largest single contributions in the HBCU's history.
India's insurance giant LIC strongly refutes Washington Post claims about external pressure affecting investment choices. Get the full story on this developing controversy.
Vodafone Idea plans strategic stake sale in Indus Towers to fund African telecom venture, marking major international expansion while addressing domestic challenges.
Microsoft solidifies its AI dominance with increased $13.5 billion investment in OpenAI following successful restructuring. Discover how this power move reshapes the artificial intelligence landscape.
LIC Housing Finance announces board meeting to consider fundraising through Non-Convertible Debentures. Get exclusive insights into the strategic move and market implications.
Discover why global investors are pouring money into Indian private banks and what this signals about the health and future prospects of India's banking sector.
Renowned tax advocate HP Ranina dismisses Washington Post allegations about LIC's investment practices as baseless, defending India's largest insurer's financial integrity and regulatory compliance.
Edtech giant Byju's faces legal hurdles as NCLAT orders maintenance of shareholding in Aakash Institute. Discover the latest developments in the rights issue controversy and Articles of Association changes.
Lenskart founders Peyush Bansal and his wife Neha could earn over ₹825 crore profit by selling part of their stake in the company's upcoming IPO through Offer for Sale route. Get exclusive details about India's eyewear giant public listing.
India's insurance giant LIC addresses controversy over Adani Group exposure while Congress demands high-level probe. Get the complete breakdown of this financial showdown.
India's insurance giant LIC strongly refutes Washington Post allegations about Adani Group investments, asserting all decisions were made with integrity and thorough analysis. Full details inside.
India's insurance giant LIC clarifies its substantial investments in Adani Group companies were based on thorough internal analysis and independent due diligence, dismissing speculation about government influence.
Indian National Congress calls for parliamentary investigation after Financial Times alleges LIC invested billions in Adani securities to support the conglomerate amid market turmoil.
Indian National Congress accuses government of systematically diverting LIC funds to support Adani Group companies, putting 30 crore policyholders' savings at risk.
India's insurance giant LIC has categorically denied a Washington Post report, asserting all Adani Group investments were made independently following comprehensive due diligence processes.
India's insurance giant LIC strongly refutes Washington Post claims of external pressure in investments. Get the full story on this developing controversy.
Indian National Congress alleges financial misconduct as LIC's substantial investments in Adani Group companies raise eyebrows. Political storm erupts over government's role in public sector investments.
India's largest insurer LIC has significantly increased its holdings in prominent FMCG companies during Q4 FY24, signaling strong confidence in the consumption sector's growth potential.
Foreign institutional investors are aggressively increasing their stake in a remarkable penny stock that has delivered staggering 2,300% returns over five years. Discover why this multibagger is capturing smart money attention in Q2 FY26.
LIC AAO 2025 prelims scorecard download link to be activated soon at licindia.in. Check step-by-step guide, cut-off marks, and what's next in the selection process.
Discover how philanthropist Julia Koch made history with her $10.3 billion New York Giants acquisition, becoming one of the most powerful women in sports ownership and philanthropy.
Indian government accelerates disinvestment with strategic stake sales in IDBI Bank, OFS offerings, and IPO pipeline to boost capital receipts and meet asset monetisation targets in FY25.
In a major pharmaceutical industry move, Torrent Pharmaceuticals receives Competition Commission of India approval to acquire controlling stake in JB Chemicals & Pharmaceuticals, marking significant consolidation in Indian pharma sector.
In a dramatic market shift, public sector insurance companies have increased their collective market share to 58.4% during April-September 2025, marking significant growth and reversing previous trends against private insurers.
RBL Bank shares skyrocket to fresh 52-week high after Emirates NBD announces strategic 60% stake acquisition in landmark Indian banking sector deal. Full details inside.
Dubai's Emirates NBD acquires 7.75% stake in RBL Bank, marking significant foreign investment in India's private banking landscape. Exclusive talks underway for additional stake purchase.