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2 mins read

Daal me kuch kaala! Is Blackstone acquiring majority stake in Haldiram’s for Rs 40,000 crore?

Earlier this year, Blackstone had expressed its intention to invest over $2 billion annually in Ind…

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Asia's newest billionaire founded a grocery store in 1987 and never gave up any stake — until this week's IPO

Lee Thiam Wah, founder of 99 Speed Mart, became Asia's latest billionaire, with the largest Malaysi…

Lian Kit Wee   


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3 mins read

Ultratech acquires majority stake in India Cements: What are the implications, all you need to know

The deal is worth around 3,954 crore, with UltraTech Cement buying a 32.72% stake in India Cements …

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4 mins read

Hindenburg alleges Sebi head Madhabi Buch had stakes in obscure offshore funds used in Adani scandal

Citing "whistleblower documents", it said, "Madhabi Buch, the current chairperson Of SEBI, and …

PTI   


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Adani raises stake in IANS to take full control

The cash outgo is Rs 5 crore, it said. The allotment of the shares was approved by the b…

PTI   


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4 mins read

Lower interest rates could be coming soon. Here's what's at stake if they aren't.

Interest rate cuts could finally come this year. Economists explained the benefits of rate cuts and…

Madison Hoff,Ayelet Sheffey   


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The Trump-Biden rematch has incredibly high stakes. Here's why some Americans might not vote anyway.

Whether it's anger over the war in Gaza or broader dissatisfaction with both Biden and Trump, some …

Bryan Metzger   


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3 mins read

WATCH: Twin-airplane near accident at busy Mumbai airport raises safety concerns, highlights ATC pressure

This near-miss involved an IndiGo flight from Indore and an Air India jet bound for Thiruvananthapu…

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4 mins read

NATO is taking greater control of Western efforts to back Ukraine's fight as US politics raise questions about its reliability

US politics have previously hindered assistance for Ukraine, and there are questions about the pote…

Jake Epstein   


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1 min read

Keith Gill scored a one-day gain of $79 million after disclosing his GameStop stake on Reddit

Gill's GameStop call options expire on June 21 and give him the option to acquire 12 million shares…

Matthew Fox   


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Adani family infuses ₹6,661 crore in Ambuja Cements, increases stake to 66.7%

The Adani family, the promoter of Ambuja Cements, on Thursday announced an infusion of Rs 6,661 cr…

PTI   


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Siemens AG to acquire 18% in Siemens India for €2.1 billion

Siemens AG intends to acquire an 18% stake in Siemens India from Siemens Energy for €2.1 billion in…

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Reliance Consumer Products completes acquisition of controlling stake in Lotus Chocolate

Reliance Consumer Products (RCPL), fast-moving consumer goods arm of Reliance Retail Ventures (RRVL…

ANI   


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Elon Musk's pursuit of a 25% stake in Tesla is 'delusional,' longtime shareholder says

Musk said earlier this month that he'd only make Tesla a leader in AI and robotics if he owned a qu…

George Glover   


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3 mins read

MAGA House candidate JR Majewski's disparagement of Special Olympics athletes is reverberating in the high-stakes Ohio Senate race

GOP Senate candidate Matt Dolan is calling on his opponents, Bernie Moreno and Frank LaRose, to res…

Bryan Metzger   


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Billionaire investor Carl Icahn takes near-10% stake in JetBlue, echoing his iconic TWA deal

Carl Icahn, the activist investor who owned an airline in the 1980s, has built a $200 million stake…

Theron Mohamed   


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3 mins read

Trump undoubtedly controls the GOP, but the TikTok vote shows Republicans won't always follow him in lockstep

The former president's administration started the efforts to ban the popular social media app. But …

Brent D. Griffiths   


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360 ONE takes controlling stake in Mumbai Angels; two new funds announced

Wealth and asset management firm 360 ONE (previously IIFL Wealth & Asset Management) on Wednesday s…

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4 mins read

McConnell staked his legacy on a border-Ukraine deal. He may be too out of step with the GOP to save it.

Senate Minority Leader Mitch McConnell is trying to overcome Trump's opposition to the sweeping leg…

Brent D. Griffiths   


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3 mins read

Sam Altman's biggest lesson for founders: control freaks win

Altman did not, in practice, start with much control at OpenAI, despite being its CEO and, prior to…

Hasan Chowdhury