Advent International’s affiliate Jomei Investments has divested its entire 2% equity stake in Aditya Birla Capital for approximately $186.47 million. The sale of 53.2 million shares occurred at a slight discount to the previous day’s closing price. This follows a previous sale of a 1.4% stake by Advent International in June.Read More
The company had clocked a net profit of Rs 860.47 crore in the July-September period of the preceding 2024-25 financial year, the Naveen Jindal Group entity said in an exchange filing.However, the company’s total income rose to Rs 11,707.82 crore from Rs 11,248.14 crore in the second quarter a year agoRead More
A technical glitch forced MCX to delay market opening and shift operations to its Disaster Recovery site. The exchange launched an investigation to identify the cause and promised corrective action. MCX shares fell 2% amid investor concern over recurring system issuesRead More
Adani Total Gas Ltd, the city gas joint venture between Adani Group and TotalEnergies of France, on Tuesday reported a 9 per cent fall in its September quarter net profit on a rise in input gas prices.Read More
Emirates NBD, Dubai’s largest bank, launched an open offer to acquire 26% of RBL Bank at ₹280 per share, following its ₹26,853 crore strategic investment. The combined ₹38,000 crore deal marks India’s biggest FDI in financial services and a historic foreign acquisition of a private lender.Read More
Non-bank lender Mahindra and Mahindra Financial Services on Tuesday reported a 45 per cent increase in its September quarter consolidated net profit at Rs 566 crore.Read More
Microsoft and OpenAI on Tuesday said they had reached a deal to allow the ChatGPT maker to restructure itself into a public benefit corporation, valuing OpenAI at $500 billion and clearing the way for it to become a publicly traded company.Read More
Wall Street’s main indexes opened at record highs on Tuesday after upbeat forecasts from companies such as UnitedHealth and UPS, while Apple topped $4 trillion in market value for the first time, boosted by strong demand for its latest iPhone models.Read More
Apple has crossed a significant milestone, reaching over four trillion dollars in market value. This achievement comes as demand for its new iPhone models surges. The company’s shares have seen a strong rebound this year. Despite concerns about its progress in artificial intelligence, Apple’s latest iPhones are performing well.Read More
Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Donec sed odio dui. Etiam porta sem malesuada.
