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Deal with Disney marks new era in India's entertainment industry, says Mukesh Ambani
Welcoming Disney to the Reliance family, Ambani said just like Jio and the Retail business, the exp…
PTI
Saudi Arabia is on a high-stakes mission to buy the world
The Kingdom's sovereign wealth fund has risen in prominence as it has invested in everything from U…
Hasan Chowdhury
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
Time to push divestment of state-owned banks, says SBI report
With regard to the privatisation of IDBI Bank, it said the government and Life Insurance Corporatio…
PTI
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
Read JD Vance's financial disclosure, which includes at least $4 million in total assets and $250,000 in bitcoin
JD Vance's net worth easily totals into the millions, following a bestselling book and a stint in v…
Brent D. Griffiths
Airbus agrees to pay $1 for Spirit AeroSystems assets in deal sparked by Boeing 737 Max blowout
Airbus said it would also receive $559 million in compensation from Spirit AeroSystems. Boeing is b…
Pete Syme
An activist investor with a new $1.9 billion stake in Southwest is calling for big changes at the airline
Southwest touts itself as the "LUV" airline, with free checked bags and no change fees. An activist…
Taylor Rains
Warren Buffett's company reveals its mystery bet is a nearly $7 billion stake in insurance giant Chubb
Warren Buffett's Berkshire Hathaway built a 6.4% stake in Chubb in under nine months, and also slas…
Theron Mohamed
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
HDFC Bank gains 1.5% after LIC gets nod to raise stake
HDFC Bank opened in the green on Monday morning, after LIC received a nod from the government to ra…
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…
Ethereum is no longer the second most preferred proof-of-stake network for miners
Ethereum is expected to fully move to the proof-of-stake system later this year. The Ethereum netwo…
Have foreign assets or income? Not disclosing it may lead to heavy penalties
Recently, the IT Appellate Tribunal of Mumbai imposed a penalty of ₹10 lakh per year on taxpayers w…
Vedanta says talks of stake sale 'untrue and baseless'
Vedanta Ltd on Thursday termed any talks of sale in oil-to-metals conglomerate as "untrue and basel…
PTI
FTX is set to begin selling $744 million of assets to pay back creditors of the failed crypto exchange
With Sam Bankman-Fried in jail, the failed crypto exchange just won approval to begin offloading it…
Phil Rosen
Aditya Parekh’s Faering Capital picks up stake in Vastu Housing Finance
Vastu Housing Finance has closed a fund raise from Faering Capital, founded by Aditya Parekh and Sa…
Tata Motors to acquire 26.79% stake in Freight Tiger for Rs 150 crore
Tata Motors on Thursday said it has inked a pact to acquire a 26.79 per cent stake in digital platf…
PTI
Jubilant Foodworks plans to acquire additional 51.16% stake in DP Eurasia for up to Rs 670 cr
JFN proposes to acquire, through any permissible mode including open offer, market purchase, th…
PTI
Proof of Stake: A process used to validate crypto transactions through staking
Proof-of-Stake is a consensus mechanism that works by validator nodes committing a stake of tokens …