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1 min read

SpiceJet’s Ajay Singh might sell stake to raise funds for airline

SpiceJet's Chairman Ajay Singh is considering selling over 10 percent of his stake to raise funds b…

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1 min read

JD.com plummets after Walmart sells its $3.6 billion stake in the Chinese retailer

Walmart acquired a 5% stake in JD.com in 2016 when it was seeking to level up its retail business i…

Matthew Fox   


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1 min read

Apple leads tech rout after Berkshire Hathaway sells more than half of its stake

Wedbush analyst Dan Ives called the Apple sale "eye-popping" and said "it's going to add to pressur…

Matthew Fox   


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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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2 mins read

Berkshire's vice-chair just cut his stake in Buffett's company

Ajit Jain, Berkshire Hathaway vice-chair, just sold half of his company stake. At the end of August…

Lian Kit Wee   


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1 min read

Sean 'Diddy' Combs sells off his entire stake in Revolt, the media company he founded

Sean "Diddy" Combs has sold off his entire stake in Revolt amid an onslaught of allegations.

Jordan Hart   


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2 mins read

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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1 min read

Nancy Pelosi's husband just bought more Nvidia and trimmed his Microsoft stake

Professional investor Paul Pelosi has purchased 20,000 shares of Nvidia over the past month, accord…

Matthew Fox   


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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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1 min read

Berkshire Hathaway is sitting on almost $280 billion in cash after slashing its Apple stake in half

Warren Buffet's Berkshire Hathaway continued to sell its stake in Apple as it held off on new acqui…

Katie Balevic   


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2 mins read

Trump takes near-$4 billion hit on Truth Social since May — and the stock faces a fresh selling spree

Donald Trump's Truth Social holding has tanked in value since his return to X and Kamala Harris' no…

Theron Mohamed   


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3 mins read

'Selling Sunset' star Alanna Gold said she owned a California desert town. Now, she says she doesn't.

"I certainly do not own Pioneertown, I never should have said that, and I apologize for doing so," …

Alcynna Lloyd   


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3 mins read

Tech stock sell-off may herald the long-awaited AI reckoning

AI-focused stocks including Nvidia, Apple and Microsoft face a brutal slide that raises questions a…

Hasan Chowdhury   


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1 min read

Yum restaurants India exits Devyani International; sells entire stake of ₹871 crore

Yum Restaurants India on Wednesday sold its entire 4.4 per cent stake in Devyani International for …

PTI   


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3 mins read

Paramount Global to sell 13% stake in Indian TV business to Reliance Industries for ₹4,286 cr

Paramount Global has agreed to sell its 13 per cent stake in its Indian TV business to Reliance In…

PTI   


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2 mins read

Cathie Wood says she wouldn't have sold Nvidia stake 'had we known that the market was going to reward it'

Cathie Wood's investment fund, Ark Invest sold at least $4.5 million worth of Nvidia stock this yea…

Kwan Wei Kevin Tan   


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1 min read

SoftBank sells another 2% stake in Paytm, offloads ₹3,800 cr worth shares in FY24

Japanese investment giant SoftBank has sold an additional 2 per cent stake in Paytm's parent compan…

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1 min read

LIC sells over 2% stake in Sun Pharma for Rs 4,699 crore

"Corporation's shareholding in Sun Pharma has diluted from 12,05,24,944 to 7,22,68,890 equity s…

PTI   


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2 mins read

Saudi Arabia to raise $12 billion by selling more shares in Saudi Aramco amid Neom struggles

The sale comes amid Saudi Crown Prince Mohammed bin Salman's Vision 2030 plan to diversify the king…

Polly Thompson   


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3 mins read

Less stress on ITC stock after BAT’s stake sale, say analysts

Cigarettes to FMCG major ITC’s stock corrected slightly ahead of British American Tobacco’s (BAT) s…