SoftBank sells Nvidia stake for $5.8B in AI pivot
Japan's SoftBank sells $5.8 billion Nvidia stake, triples profit to $13 billion, and shifts focus to AI investments including OpenAI partnership. Read the full strategic move.
Japan's SoftBank sells $5.8 billion Nvidia stake, triples profit to $13 billion, and shifts focus to AI investments including OpenAI partnership. Read the full strategic move.
Japan's SoftBank Group sells entire Nvidia stake for $5.83 billion, redirecting funds toward AI projects including OpenAI and Stargate. Record profits reported amid strategic shift.
Mahindra Group completes strategic divestment of its entire 3.53% stake in RBL Bank, fetching ₹678 crore in a bulk deal that signals portfolio optimization.
Indian automotive giant Mahindra & Mahindra has completely exited its investment in RBL Bank, selling shares worth approximately ₹6.78 billion. This major financial move signals strategic portfolio repositioning.
Qatar Airways divests its 9.57% stake in Cathay Pacific Airways after eight years, fetching $896 million in a major aviation sector transaction that reshapes Middle East-Asia airline partnerships.
India's insurance giant LIC makes bold portfolio adjustments, increasing holdings in blue-chip stocks while expanding into new opportunities. Discover which stocks caught LIC's attention.
Bharti Airtel shares hit unprecedented levels following robust quarterly earnings and regulatory green light for increased stake in Indus Towers. Discover how the telecom giant's strategic moves are paying off.
Elon Musk reveals explosive conspiracy theory about Sam Altman's mysterious lack of equity stake in OpenAI following Microsoft's multi-billion dollar partnership. Find out what Musk suspects behind the scenes.
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.
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.
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.
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.
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.
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.
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.
Brazilian President Luiz Inácio Lula da Silva announces ambitious partnership with India, targeting enhanced trade relations and mutual economic development. Discover how this global south collaboration could reshape international commerce.
Sharjah Chamber of Commerce and Industry concludes intensive strategic leadership training for senior executives at world-renowned UK universities, focusing on innovation and economic growth.
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.
India is strategically partnering with US and Brazil to secure rare earth elements and critical minerals, challenging China's global monopoly and boosting domestic manufacturing capabilities.
Defence Minister Rajnath Singh announces strategic enhancement of BrahMos missile capabilities, putting all of Pakistan within striking range in major defence boost for India.
India and Russia join forces to develop rare earth minerals, challenging China's global dominance in these critical resources essential for modern technology and defense.
The Border Roads Organisation accelerates strategic road projects in Arunachal Pradesh, enhancing connectivity and national security along the China border.