Honasa Consumer Limited announced on Thursday (December 11) that it will acquire a 95% stake in BTM Ventures Pvt Ltd, the parent company behind men’s personal care brand Reginald Men, via a secondary purchase at an enterprise value of ₹195
Stock market news: Indian brokerage firm, Motilal Oswal Financial Services (MOSL), in its recent 30th Annual Wealth Creation Study report, shed light on the top 10 stocks which have delivered the fastest returns over the last five years, from 2020
Retail investors are moving away from a buy-and-hold approach and towards more informed short-term positioning, recent investment patterns show. Illustration: Dominic Xavier/Rediff Over the past two months — a period of sharp rebound in Indian equities — retail investors have
Benchmark stock indices Sensex and Nifty declined for the third straight day on Wednesday to close at a nearly month’s low, dragged by a last-hour selloff in consumer durables, private banks and IT shares. Photograph: Danish Siddiqui/Reuters In a volatile
While GST on ICE vehicles was brought down significantly, for electric cars it remained at 5 per cent. Photograph: Bhawika Chhabra/Reuters The goods and services tax (GST) reforms clearly tilted the scales in favour of internal combustion engine (ICE) cars
A US bankruptcy court has reversed a $1 billion damages ruling against Byju Raveendran, according to a statement from the founders of Think and Learn Pvt Ltd – the parent firm of ed-tech platform Byju’s. Illustration: Dominic Xavier/Rediff The Delaware
US Stock Market Live Updates: Futures on Wall Street are on the edge ahead of the all important interest rate decision from the US Federal Reserve, which will be announced at 12:30 AM on Thursday, followed by a Press Conference
The initial public offering (IPO) of dialysis services provider Nephrocare Health Services received a muted response from all segments of investors during its first day of bidding. The issue, which opened for subscription today, December 10, was booked just 0.13
Microsoft Chairman and CEO Satya Nadella met Prime Minister Narendra Modi for the second time this year. Satya’s visit was focused on India’s AI roadmap, backed by a $17.5 billion commitment for infrastructure and skill-building. IMAGE: Satya meets Modi
Microsoft CEO Satya Nadella on Tuesday announced plans to invest $17.5 billion in India to help build infrastructure and sovereign capabilities for the country’s AI-first future, marking the third major AI-driven investment in the country in the past two months.
