Latest News, Updates & Breaking Headlines
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…
Social media platform TikTok on Friday announced that it has finalised the creation of a majority American-owned joint venture to run its US operations, a move designed to avert a long-threatened ban linked to its Chinese ownership. The new entity, TikTok USDS Joint Venture LLC, will serve more than 200 million American users and around…
Artificial Intelligence adoption at workplaces is moving faster than corporate training efforts, leaving many employees unprepared for rapidly changing roles, according to a report by Genius HRTech.According to news agency PTI, the report said 71 per cent of professionals believe their roles or responsibilities will change significantly over the next few years as AI-driven tools…
MUMBAI: For years, they’ve wanted it, now they have it. BJP is finally set to assume control of India’s richest civic body, and get its own mayor of Mumbai. After almost three decades at the BMC’s helm, the Thackerays have lost control of their last bastion to the Mahayuti alliance led by former ally-turned-foe BJP…
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…
Bill Gates Foundation has stunned markets by drastically reducing its stake in Microsoft by almost 65% in the third quarter of 2025. As per new 13F data, the foundation has dumped 17,000,000 shares of Microsoft, equivalent to 64.91% reduction. According to reports, the average selling point of Microsoft shares during Q3, 2025 was $510.13, resulting…
NEW DELHI: More than 40 Indian Umrah pilgrims are feared dead after a passenger bus collided with a diesel tanker in Saudi Arabia early Monday, according to initial reports from local sources. Many of the victims are believed to be from Hyderabad.Telangana chief minister Revanth Reddy said he was shocked to learn about the accident…
Exit polls released Tuesday were unanimous that NDA will win Bihar and do so with a much more comfortable majority than five years ago. Some even projected that it could get close to a two-thirds majority in the 243-member assembly. The polls also concurred that Prashant Kishor’s fledgling outfit, Jan Suraaj, will have at best…
MUMBAI: Mehli Mistry, Ratan Tata‘s long-time confidant, executor of his will, and a man widely seen as custodian of the late chairman’s legacy, has been denied reappointment as lifelong trustee of the Tata Trusts. The decision was taken after Noel Tata, chairman of the Trusts, and vice-chairmen Venu Srinivasan and Vijay Singh declined to give…
Given that Mistry is ineligible to vote regarding his own term renewal, the outcome at SDTT represents a majority decision. Tata Trusts tussle: In a significant development at the Tata Trusts, Mehli Mistry’s position appears uncertain as chairman Noel Tata, vice chairman Venu Srinivasan and trustee Vijay Singh have not approved for extending his term,…
