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Mumbai: Peak XV Partners sold its remaining 7.7% stake in fintech MobiKwik through block deals worth over Rs 130 crore on Tuesday, completely exiting its investment in the firm, said people in the know. The floor price of the deal was set at Rs 214 per share, about 5% discount to the company’s closing price…
In a recent update, the iconic “Leela” bungalow in Juhu, an address that blends legacy, location, and scarcity, has been sold at a whopping ₹221 crore becoming one of the most-talked about property transactions of 2026 in the luxury real estate market of India.A ₹221 crore deal It is a sea-facing heritage bungalow on Juhu…
The Chinese government has handed Mark Zuckerberg’s Meta a deadline to undo its $2.5 billion acquisition of AI startup Manus, citing national security concerns. Citing sources familiar with the matter, a report by The Wall Street Journal claimed that Beijing has given the tech giant just a few weeks to completely “disentangle” itself from the…
Mumbai, Apr 27 (ANI): Chairman of Sun Pharma Management Dilip Shanghvi speaks during a press conference at Worli, in Mumbai on Monday. (ANI Photo) New Delhi: In its boldest move yet, Sun Pharma, India’s largest pharma company, has struck the biggest-ever overseas pharma deal, acquiring US-listed Organon & Co for $11.8 billion (Rs 98,000 crore)…
India-New Zealand FTA: The India-New Zealand trade deal or Free Trade Agreement signed on Monday has been called a ‘once-in-a-generation’ trade pact. For one, it gives Indian exporters duty-free or zero duty access to all exports. The implementation of the trade deal is now contingent on New Zealand Parliament’s approval, and in the case of…
Sam Altman and Satya Nadella For years, OpenAI‘s biggest financial backer was also its biggest constraint. That changed Monday. OpenAI and Microsoft announced a revised partnership that ends Microsoft’s exclusive license to OpenAI’s technology—the same technology Microsoft had been backing since 2019, to the tune of $13 billion. The new deal allows OpenAI to sell…
India New Zealand FTA (AI image) India and the New Zealand on Monday signed the India-New Zealand Free Trade Agreement (FTA) in the presence of Commerce and Industry Minister Piyush Goyal and New Zealand’s Trade and Investment Minister Todd McClay. The agreement is expected to significantly strengthen economic ties between the two countries. It aims…
Months after Ranveer Singh‘s high-profile exit from ‘Don 3’, the fallout between the actor and Farhan Akhtar and Ritesh Sidhwani‘s production house remains unresolved, with conflicting reports continuing to emerge about whether a financial settlement has been reached. According to the latest report, both parties have yet to reach a resolution. Farhan Akhtar and Ritesh…
Sun Pharmaceutical Industries on Monday announced it will acquire US-based Organon & Co. in an all-cash deal valued at $11.75 billion, marking one of the largest overseas acquisitions by an Indian company.Under the definitive agreement, Sun Pharma will buy all outstanding shares of Organon at $14 per share.The deal, approved by the boards of both…
Union minister Piyush Goyal Agra: The free trade agreement (FTA) with New Zealand, scheduled to be signed on Monday, will provide huge opportunities for domestic firms, including leather exporters from the city of the Taj Mahal, commerce and industry minister Piyush Goyal said Sunday. Goyal is here with the visiting New Zealand’s trade and investment…
