Snapdeal's parent company AceVector submits updated draft papers to Sebi for its public listing. The IPO includes a fresh issue of ₹300 crore and an OFS by investors like SoftBank. Read the full details here.
SoftBank CEO Masayoshi Son reveals emotional sale of $5.8B Nvidia stake to finance OpenAI and AI data centres. Details on the strategic shift and its market impact.
NCLAT approves Rajasthan govt's acquisition of 50% stake in IL&FS Energy JV SUCRL for Rs 85.11 crore, ensuring stability for clean-energy projects. Read the full details.
Simone Tata transferred her Tata Sons shares to son Noel Tata years ago, making him the largest family shareholder. Details on the shareholding structure and tax implications revealed.
Kotak Bank CEO Ashok Vaswani argues full ownership of financial subsidiaries is a strategic advantage, criticizing past stake sales by large banks. Discover the long-term value of integrated conglomerates.
British American Tobacco plans to sell a 7% stake in ITC Hotels this Friday, valued at Rs 3,000 crore, as part of its strategy to exit non-core holdings. Read the full details of the deal.
Intel abandons plans to spin off its Networking and Edge Group (NEX). The chip giant says the unit is now best positioned to succeed internally, ending talks with Ericsson. Read more.
Tata Communications has acquired a majority stake in US-based Commotion Inc to accelerate AI-led transformation across its global digital infrastructure. This strategic move aims to enhance network automation and customer experience.
ICICI Prudential Mutual Fund has increased its stake in LIC Housing Finance to over 5% by acquiring additional shares. Get the full details on the transaction and shareholding pattern here.
B2B giant Udaan is in early talks to sell a minority stake in its NBFC, Hiveloop Capital, as part of a restructuring drive to cut costs and boost cash reserves ahead of a potential 2025 IPO. Read the full story.
Paytm's strategic stake consolidation and AI-led push are boosting margins and growth. Read how the fintech giant is reshaping its path to profitability after regulatory hurdles.
Whirlpool Corp. is reducing its stake in the Indian arm from 51% to 20%, sparking a stock rout. We analyze the liquidity overhang, royalty risks, and whether brand strength can steady the ship.
Investor Michael Burry criticises Tesla, Amazon, and Palantir for stock-based compensation that dilutes shareholders. He warns of Elon Musk's pay package impact. Read his full analysis.
SoftBank CEO Masayoshi Son reveals painful sale of Nvidia stake worth $5.83 billion to fund aggressive AI investments, including OpenAI. He dismisses AI bubble fears.
The Indian government's offer for sale in Bank of Maharashtra opens today. The 6% stake sale aims to raise over ₹2,600 crore and help meet SEBI's public shareholding norms. Read key details.
Shares of Bajaj Housing Finance tumbled over 9% after a massive block deal worth ₹1,890 crore. The move follows Bajaj Finance Ltd.'s plan to sell a stake. Read for key details and market impact.
Markets regulator Sebi greenlights ICICI Prudential AMC's massive ₹10,000 crore IPO, set to open on December 12. UK's Prudential Corp to sell stake. Three other firms also get IPO nod.
Market regulator Sebi has approved the Rs 10,000 crore IPO of ICICI Prudential AMC, India's second-largest mutual fund. The offer-for-sale by UK's Prudential is set for December 2025. Read more.
The Indian government will divest up to 6% stake in Bank of Maharashtra via an Offer for Sale starting Dec 2. The move aims to raise ₹2,600 crore and meet Sebi's public shareholding norms.
Paytm parent One 97 Communications' stock surged 3.4% to ₹1,365, its highest since December 2021. Goldman Sachs' bullish upgrade and mutual funds' increased stake fuel the rally. Discover the full analysis.
Vodafone Idea share price surges 50% in 3 months as government becomes largest shareholder. Can this telecom turnaround continue? Analysis inside.
Indian brands like Coca-Cola and Pidilite are using AI for cheap, fast ads, but experts warn this risks creative similarity and erodes brand authenticity. Discover the double-edged sword of AI in advertising.
Bharti Airtel's promoter entity Indian Continent Investment offloads 0.56% stake for $806 million via block deal. Goldman Sachs facilitates the transaction amid S&P rating upgrade.
Realty company stock gained 3.6% after promoters increased stake to 75.1% through open market purchases. Bullish signal for investors in real estate sector.
Pro Fin Capital Services' stock surged over 8% on Thursday after 25% stake sale news and upcoming bonus issue. Read analysis and market implications for investors.
Hombale Films founder Vijay Kiragandur emerges as leading contender to purchase stake in Royal Challengers Bangalore. Discover how this could transform the IPL franchise.
Groundbreaking research reveals Neanderthals didn't go extinct but were gradually absorbed into human populations through interbreeding over millennia. Discover how genetics proves this evolutionary merger.
Google CEO Sundar Pichai admits AI bubble burst would impact all companies, including Google, but sees trillion-dollar investments driving long-term growth. Read his exclusive insights.
Welspun World hires EY to sell majority stake in Welspun New Energy for $100M equity value. The platform holds 1.2GW contracted capacity, signaling major clean energy investment shift in India.
SoftBank shares surged nearly 3% to 20,335 yen, ending three-day losing streak after selling entire Nvidia stake for $5.83 billion to fund AI investments. Learn more about their strategy.