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.
SoftBank Group is negotiating to acquire DigitalBridge Group Inc., a major digital infrastructure investor, to capitalize on the AI-driven data center boom. Deal could finalize this year.
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.
Discover how Nvidia CEO Jensen Huang's childhood in a Kentucky reform school forged the resilience behind the world's most valuable chip company, now worth over $4.3 trillion. Read his incredible 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.
SoftBank's Masayoshi Son reveals he sold Nvidia shares to fund AI bets like OpenAI, denies an AI bubble. Read the full story on the strategic shift.
E-commerce platform Meesho secures ₹2,439 crore from marquee investors in its anchor book round ahead of its highly anticipated initial public offering (IPO). Read the full details and analysis here.
SoftBank's Masayoshi Son reveals emotional sale of Nvidia stake to fund AI investments like OpenAI. Discover the $5.83 billion deal and his vision for super intelligence.
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.
Nvidia responds to reports Meta may use Google's custom AI chips, downplaying competitive threat. Details on the potential market shift and stock impact inside.
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.
Meesho reveals Gen AI handles 61% consumer queries as it prepares for December 3 IPO with Rs 4,250 crore fresh issue. Discover the e-commerce platform's digital transformation.
OpenAI's $500B Stargate project strains partners as SoftBank sells assets & Oracle piles debt. Google's Gemini 3 intensifies AI cash race. Who's winning?
Indian e-commerce platform Meesho plans $5.6 billion IPO valuation. Learn about their financial turnaround and market strategy for public listing.
SoftBank-backed Meesho launches IPO on December 3 with Rs 4,250 crore fresh issue. Learn about investor exits, financial metrics, and growth plans. Don't miss this e-commerce giant's market debut!
SoftBank's credit risk soars as its debt-fueled AI ambitions, including the Stargate project, worry investors. Rakuten sees contrasting improvement. Explore the market dynamics.