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Yes Bank stake sale: State Bank of India (SBI) has offloaded around 13.18% of its holding in Yes Bank Limited (YBL) to Japan’s Sumitomo Mitsui Banking Corporation (SMBC), marking the completion of a major divestment.SMBC, part of the Sumitomo Mitsui Financial Group (SMFG), is counted among the top foreign banks in India. SMFG itself is…
Jindal Steel International has made a non-binding offer to acquire Thyssenkrupp’s steel division, the German conglomerate said Tuesday, in a move that could reshape Europe’s traditional steel landscape. The bid, details of which were not disclosed, sent Thyssenkrupp shares soaring nearly 8% in Frankfurt trade, AFP reported.The once-iconic German industrial major has been trying to…
The Flipkart Big Billion Days Sale 2025 is set to bring massive discounts on Apple’s iPhone 16 series, making it one of the most anticipated events for smartphone buyers. The iPhone 16 Pro Max will effectively start at Rs 89,999, down from its launch price of Rs 1,44,900 for the base 256GB model. The iPhone…
