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1 min read

Mega tower deal: Brookfield to acquire ATC's India biz for $2 bn enterprise value

Canada-based Brookfield will acquire the Indian business of American Tower Corporation (ATC) for an…

PTI   


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2 mins read

Adani Group’s Ambuja Cements acquires Sanghi Industries at an enterprise value of ₹5,000 crore

After a long pause due to the Hindenburg effect, the Adani Group is back on its expansion path via …

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2 mins read

Dalmia Bharat to acquire cement, power plants of Jaiprakash Associates for ₹5,666 crore enterprise value

Dalmia Bharat’s subsidiary Dalmia Cement on Monday said it plans to acquire the cement, clinker and…

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2 mins read

Adani Transmission to acquire Warora-Kurnool Transmission for over ₹3,370 crore

The lenders consent and other necessary regulatory approvals shall be obtained before closu…

PTI   


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Chalet Hotels inks pact to acquire Belaire Hotels for enterprise value of Rs 290 cr

New Delhi, Jan 18 () Chalet Hotels on Saturday said it has signed a share purchase agreement (SPA)…

PTI   


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1 min read

23andMe's business is basically worthless. Its CEO now wants to buy it.

23andMe chief Anne Wojcicki notified the board and will begin seeking funding to take the strugglin…

Geoff Weiss   


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2 mins read

A short seller says it's buying bitcoin and betting against MicroStrategy because the stock trades at an 'unjustifiable' premium over the crypto itself

"MicroStrategy shareholders are now paying $177,000 per bitcoin when they could instead gain exposu…

Matthew Fox   


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2 mins read

Roadway Solutions India Infra to raise USD 120 mn from AG Dynamic Funds for expansion

Roadway Solutions India Infra Ltd (RSIIL) will raise USD 120.48 million (nearly Rs 1,000 crore) as …

PTI   


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ACC falls 1.4% after acquiring Asian Concretes & Cements for ₹775 crore

Adani group controlled ACC acquired the remaining 55% stake in Asian Concretes and Cements (ACCPL) …

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2 mins read

Reliance Industries sells REC Solar Norway for $22 million

Reliance Industries Ltd on Monday said it will sell REC Solar Norway AS to Oslo-listed Elkem ASA fo…

PTI   


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Sanghi Industries, Ambuja Cement stock jumps after acquisition news

Shares of Sanghi Industries on Thursday jumped 5 per cent after Ambuja Cement announced the acquisi…

PTI   


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Ambuja Cements to invest Rs 6,000 cr in renewable power projects by FY26

Ambuja Cements Ltd, owned by Adani Group, on Monday said it will invest Rs 6,000 crore in 1,000 MW …

PTI   


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2 mins read

Reliance Retail to acquire Arvind Fashions' beauty retail business

The country's leading retailer Reliance will acquire the beauty retail business of the Lalbhai fami…

PTI   


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4 mins read

'Abercrombie & Fitch is cool again': A WallStreetBets post from 2 years ago nailed the clothing retailer's 305% meme-stock spike

At the time of the Reddit post, Abercrombie & Fitch stock traded at just over $32 per share, which …

Matthew Fox   


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3 mins read

Adani Group completes acquisition of Sanghi Industries, revises offer price to Rs 121.90/share

Billionaire Gautam Adani-owned Ambuja Cements Ltd on Tuesday announced the completion of the acquis…

PTI   


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Yatharth Hospital & Trauma Care Services IPO subscribed 36x

The public issue of Yatharth Hospital & Trauma Care Services was fully subscribed on the first day …

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Here's how the collapse of Sam Bankman-Fried's FTX empire stacks up against other corporate failures like Lehman Brothers and Enron

The crypto exchange's collapse wiped out $32 billion in enterprise value – here's how that compares…

George Glover   


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1 min read

Adani Power calls off ₹70.2-billion coal plant acquisition, briefs stock exchanges

Power has clarified the stock exchanges that it has called off its plan to acquire a coal plant pro…

ANI   


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3 mins read

Will the newly launched JioBharat feature phone impact Airtel? Jefferies believes so

Back in September 2016, Reliance Jio disrupted the Indian telecom market when it launched its mobil…

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5 mins read

Nine out of 11 IPL teams’ brand value crosses $100 million; Dhoni’s CSK top dog

According to a report by investment bank Houlihan Lokey, the brand value of all Indian Premier Leag…