Latest News, Updates & Breaking Headlines
MUMBAI: Marico has snapped up a 60% majority stake in D2C wellness brand Cosmix for Rs 226 crore, ramping up acquisitions of new-age startups as consumers seek better choices and varied options catering to specific needs, increasingly shunning run-of-the-mill products.Cosmix sells a range of plant-based protein powders and functional superfood blends. The development comes days…
MUMBAI: Reliance Industries (RIL) has acquired a 50.1% stake in Oscar-winning producer Guneet Monga Kapoor’s Sikhya Entertainment for Rs 150 crore. The acquisition has been routed through Reliance Strategic Business Ventures, a wholly owned subsidiary of RIL. The investment strengthens the content portfolio of Jio Studios, RIL’s media and entertainment arm, which has produced over…
India will restrict crude oil purchases from Russia and limit imports only to cases where supplies are irreplaceable, as part of a broader understanding reached with the United States to secure lower trade tariffs, sources quoted by news agency PTI claimed.While no immediate blanket ban is planned, Indian refiners will not place fresh orders for…
With gold and other assets accounting for a growing share of reserves, India’s strategy echoes steps taken by bigger holders such as China. (AI image) In a big shift for one of the top five largest economies, India’s holdings of US Treasuries have seen a drop, sliding to the lowest level in five years. The…
President Trump’s ‘Board of Peace,’ initially for Gaza, now appears poised for a broader global role, potentially rivaling the UN Security Council. A draft charter, circulated with invitations to countries like India and Canada, outlines a mission for conflict resolution and governance restoration. Membership requires a significant financial commitment, with initial leaders including Marco Rubio…
Filmmaker-producer Karan Johar has bought a premium residential apartment in Mumbai’s Khar West for Rs 8.05 crore, signalling continued confidence in the city’s high-end real estate market.According to property registration documents accessed by Square Yards from the Maharashtra Inspector General of Registration (IGR) website, the transaction was officially registered in November 2025. The apartment is…
Sanjay Dutt adds Tesla Cybertruck (Rs 50 lakh) to his luxury garage, spotted zooming Mumbai streets. The stainless-steel beast packs steer-by-wire, massive screens, and towing power. US price: $80K+. Recently shone in Prabhas’ The Raja Saab and Ranveer Singh’s hit Dhurandhar. Bollywood actor Sanjay Dutt has expanded his luxury car collection by acquiring a Tesla…
MUMBAI: Kotak Mahindra Bank founder Uday Kotak‘s family office USK Capital has acquired a majority stake in Go Raw, a Chicago-based seed-centric snack brand, marking its first investment outside India and its debut in the consumer sector.The stake was acquired from Juggernaut Capital Partners, a middle-market private equity firm, and other early-stage investors. USK did…
MUMBAI: RBI on Monday purchased another tranche of govt securities worth Rs 50,000 crore from the gilt market, its third tranche of such purchases of the total Rs 2 lakh crore that the central bank had committed in its policy. Economists feel given global uncertainties, RBI would need to infuse more liquidity into the system….
MUMBAI: London-based private equity (PE) firm Apax Partners has picked up an over 35% minority stake in iD Fresh Food in a deal pegged at more than Rs 1,500 crore, said people aware of the matter. As part of the transaction, Apax Partners has acquired some stakes from the company’s existing shareholders Premji Invest and…
