Parent Company of Manyavar, Vedanta Fashions’ Promoter to Sell 9.88% Stake in Block Sale
One of the promoters of Vedant Fashions, Ravi Modi Family Trust, is planning to sell a 9.88% stake in the company via an offer for...
Author : Chinmay Bohra
Wall Street Rallies on US Debt Ceiling Optimism, Indian Indices Decline
Wall Street experienced a notable rally on Wednesday, driven by growing optimism about a potential deal to raise the US federal debt ceiling and a...
SBI Funds can now Buy up to 10% Stake in HDFC Bank, RBI Approves
SBI Funds Management (SBIFML), a joint venture between the State Bank of India and France’s AMUNDI, received permission from the Reserve Bank of India (RBI)...
Amazon Committed to Invest Rs 1,05,600 Crore to Boost India’s Cloud Infrastructure
Amazon.com Inc plans to invest Rs 1,05,600 crore in India’s cloud infrastructure by 2030 to scale up its AWS business in the key overseas market....
European Markets’ Mixed Reaction Towards US Debt Ceiling Uncertainty
European Stock Markets slid amongst the US debt Ceiling uncertainty and ahead of the release of the final eurozone inflation figures for April. Europe’s region-wide...
Adani Ports Posts Record-Breaking Rail Cargo of Over 120 Million Tonnes in FY23
Adani Group’s Flagship Company, Adani Ports and Special Economic Zone (APSEZ) announced that it has set a new record for handling the highest-ever rail cargo...
IBM Confirms Acquisition of Polar Security, Reportedly for $60 Million
IBM has officially announced its acquisition of Polar Security, a pioneering provider of automated cloud data security and compliance solutions. While the financial details were...
Jio-bp Launches Premium Diesel Claiming to Offer Higher Fuel Economy, ₹1 Cheaper than Regular Diesel
Jio-bp, the fuel retailing joint venture of Reliance Industries Ltd and UK’s bp Plc, has launched a new premium diesel to provide higher fuel economy....
Senior Tesla Execs to Visit India to Meet Govt. Representatives to Diversify Beyond China
Senior executives from Tesla Inc are planning to visit India this week aiming to strengthen the carmaker’s supply chain in the country and expand its...
Wipro Share Buyback: Premium, History and Other Details
Wipro had recently announced a massive Rs 12,000 crore share buyback via a tender route planning to buy back shares at Rs 445 per share...