Smart Finance, Investment & Budgeting with AI
Ace investor Ashish Kacholia has acquired a 17.2% stake in homegrown burger chain Jumboking, making him the second-largest shareholder. The funding, of an undisclosed quantity, was made by a secondary market transaction following Triton Fund’s exit from the agency.Consultants estimate the transaction to be valued between Rs 70 crore and…
Within the first collaboration between rival billionaires, Mukesh Ambani’s Reliance Industries has picked up a 26 per cent stake in a Madhya Pradesh energy undertaking of Gautam Adani, and signed a pact to make use of the vegetation’ 500 MW of electrical energy for captive use. Reliance will choose up…
Mukesh Ambani’s Reliance Industries has picked up a 26 per cent stake in an Adani Energy projectNew Delhi: Within the first collaboration between billionaires, Mukesh Ambani’s Reliance Industries has picked up a 26 per cent stake in a Madhya Pradesh energy challenge of Gautam Adani, and signed a pact to…
Mukesh Ambani’s Reliance Industries has picked up a 26 per cent stake in an Adani Energy projectNew Delhi: Within the first collaboration between billionaires, Mukesh Ambani’s Reliance Industries has picked up a 26 per cent stake in a Madhya Pradesh energy challenge of Gautam Adani, and signed a pact to…
AHMEDABAD: Adani Ports and Particular Financial Zone (APSEZ), the ports and logistics arm of Gautam Adani-owned Adani Group on Tuesday introduced it has acquired a controlling 95% stake in Odisha-based Gopalpur Port. APSEZ has agreed to amass the stake for an fairness worth of Rs 1,349 crore and an enterprise…
Millionaire grandchildren of Infosys founders! NR Narayana Murthy, aged 77, made headlines by gifting 15 lakh shares of Infosys, constituting a 0.04% stake within the firm, to his four-month-old grandson. Ekagrah is the third grandchild of Narayana Murthy and his spouse, author-philanthropist Sudha Murty. Ekagrah was born to Rohan Murty…
NEW DELHI: Shares of Tata Consultancy Providers (TCS) on Monday declined practically 2 per cent amid studies that its promoter Tata Sons is more likely to promote a minority stake within the IT main. In accordance with studies, TCS-promoter Tata Sons is planning to promote as much as 2.3 crore…
ITC share value as we speak: Shares of India’s main cigarette producer, ITC, dropped by 2.5% to the touch a low of Rs 399.45 on the Bombay Inventory Alternate (BSE) on Tuesday. The drop comes amidst hypothesis that its largest shareholder, British American Tobacco (BAT), is gearing as much as…
MUMBAI: SoftBank has lower one other 2.1% stake in Paytm, decreasing its shareholding within the fintech agency to 2.8%, the corporate mentioned in a latest inventory trade submitting. The Japanese funding behemoth which bets closely on tech companies had invested over $1 billion into Paytm and held about 18% stake…
MUMBAI: SoftBank has reduce one other 2.1% stake in Paytm, lowering its shareholding within the fintech agency to 2.8%, the corporate mentioned in a current inventory trade submitting. The Japanese funding behemoth which bets closely on tech corporations has invested over $1 billion into Paytm and held about 18% stake…
NEW DELHI: Regardless of alternatives of a windfall, govt has determined in opposition to diluting its stake in Vodafone Thought as the corporate, which has seen a surge in its share costs over the previous few months, takes remaining steps in the direction of fund-raise that can happen on Feb…
