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.
Trading in Adani Enterprises rights entitlements surged 23% in two sessions. Major investors like GQG, LIC, and Abu Dhabi's IHC are set to subscribe to the Rs 1,800/share offer. Details inside.
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.
Mint's investigation reveals LIC's inconsistent voting, raising questions about its dual role as a public insurer and a strategic state investor. Explore the implications for millions of policyholders.
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.
Finance Minister Nirmala Sitharaman clarifies that LIC's investments in Adani Group were independent decisions based on due diligence. Explore the full details and regulatory framework here.
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.
FM Nirmala Sitharaman told Parliament LIC's investment decisions, including its ₹48,284 crore exposure to Adani Group, are independent. She denied any ministry advisory, citing strict due diligence.
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.
Jefferies starts Lenskart coverage with buy rating, Rs 500 target. M&M launches XEV 9S SUV at Rs 19.95 lakh. JP Morgan overweight on LIC. Latest broker actions revealed.
LIC raises stake in Adani Group's ACC to 10.596% and increases holding in NBCC India to 4.477%. Analysis of stock performance and strategic investment moves revealed.
An analysis of LIC's voting record shows it never opposed resolutions from Reliance & Adani, while rejecting similar proposals from other firms. Experts question governance standards.
Vodafone Idea share price surges 50% in 3 months as government becomes largest shareholder. Can this telecom turnaround continue? Analysis inside.
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.
LIC raises stake in Voltas to 7.089% despite weak Q2 results. Discover the strategic move behind this acquisition and its market implications for investors.