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US-based private equity firm General Atlantic (GA) is close to acquiring a 7% stake in Balaji Wafers for about Rs 2,500 crore (approximately $282 million), valuing the Gujarat-headquartered snack maker at nearly Rs 35,000 crore (around $4 billion). Two people familiar with the matter confirmed that the deal is in its final stages.As per ET,…
NEW DELHI: In the run up to Bihar assembly poll announcement, Nitish Kumar was seen as NDA’s weak link – his fitness under scrutiny, focus on CM’s gaffes in and outside legislatures, the image of ‘sushashan babu’ fraying as sensational murders and collapse of bridges made national headlines allowing RJD-led Mahagathbandhan to home in on…
Silver has emerged as one of the year’s best-performing commodities, delivering returns of nearly 70% so far in 2025. The precious metal breached $35 per ounce in the first half of the year and hit a 14-year high of $44.11 in September, before surging past $51.30 in October.According to a new report by brokerage Motilal…
ANI File Photo: AIMIM Bihar chief Akhtarul Iman (sitting in middle) NEW DELHI: The Asaduddin Owaisi-led All India Majlis-e-Ittehadul Muslimeen (AIMIM) on Saturday announced it will contest the upcoming Bihar assembly elections and field around 100 candidates, aiming to provide an “alternative” to voters in a state traditionally dominated by the JD(U)-BJP and RJD-Congress blocs.“Our…
Apollo Hospitals’ share is projected to gain 13.2%, with a target price of Rs 8,675, according to SBI Securities, making it an attractive choice for investors. The stock was trading at Rs 7,662 on October 6. A top healthcare platform with over 10,000 beds across 73 hospitals, Apollo Hospitals is on an expansion drive, planning…
India’s stock markets are witnessing a wave of blockbuster IPOs, showing that domestic investors remain confident in the country’s growth story, even as the Nifty and Sensex have delivered no returns over the past 13 months.Experts say this year’s record inflow of funds into IPOs reflects strong trust in India’s economic potential.Ajay Bagga, Banking and…
NEW DELHI: In a surprise move, Arvind Kejriwal‘s Aam Aadmi Party (AAP) has announced that it will contest all 243 seats in the upcoming Bihar assembly elections, positioning itself as an alternative to both the ruling NDA and the opposition Mahagathbandhan. The decision has added an interesting variable as strategist-turned-politician Prashant Kishor’s Jan Suraaj also…
Al-Nassr forward and attacking midfielder Joao Felix. Image via EA. Joao Felix’s move to Al-Nassr and his immediate impact on the Saudi Pro League has become one of the most talked-about stories in the Asian sports leagues. Paired with club captain Cristiano Ronaldo, the combination has created a strong partnership that not only justifies both…
Nvidia is investing $5 billion in its struggling former takeover target and rescue Intel through a strategic chip partnership. The deal announced sees Nvidia purchasing Intel stock at $23.28 per share—a 6.5% discount—while the companies collaborate on PC and data center processors. Nvidia CEO Jensen Huang has now explained why he decided to bet on…
OpenAI recently announced plans to restructure into a for-profit public benefit corporation, a move that will allow it to issue traditional stock to investors. With this change, according to analysts, Microsoft is set to receive a new equity stake in OpenAI that could be worth at least $150 billion. This would be a remarkable return…
