POWER SHARING DEAL
P2P lenders adapt to regulatory pressures; GenAI deals in IT Happy Thursday! Peer-to-peer lending firms are scrambling to comply with the central bank’s rules by tweaking their products. This and more in today’s ETtech Morning Dispatch.
11 Jul, 2024, 05.27 PM ISTBlock deals worth over Rs 9,947 crore this week. HDFC Bank, Infosys, Adani Ports among stocks with major action In the large cap segment, 15 companies witnessed significant block deals worth Rs 5,725 crore led by HDFC Bank with 43 block counts totalling to Rs 2,446 crore. The next in line were Adani Ports and Special Economic Zone (Rs 469 crore), Godrej Consu...
06 Jul, 2024, 11.25 AM ISTRise & rise of secondary deals; advantage desi data centres Happy Friday! Total funding raised by Indian startups fell in the first half of 2024, but late-stage activity showed signs of revival, as per data. Decoding this and more in today’s ETtech Morning Dispatch.
05 Jul, 2024, 09.08 AM IST- ADVERTISEMENT
No matter who wins Iran's presidential election, much may hinge on the 'Great Satan' US In the waning moments of Iran's final televised presidential debate, one of the top candidates to replace the late hard-line President Ebrahim Raisi invoked the name of the one person who perhaps has done more than anyone to change the trajectory of...
27 Jun, 2024, 11.59 AM ISTUS has 'some concerns' over India-Russia military engagement: Kurt Campbell US Deputy Secretary of State Kurt Campbell has expressed concerns over India's military and technology engagement with Russia, but also has confidence in New Delhi to advance partnership in key areas. The US is seeking to develop a deeper and strong...
26 Jun, 2024, 10.17 PM ISTHyundai India IPO banks set for country's 2nd biggest payday with $40 million fee: Report The evolving financial landscape in India, characterized by the Hyundai India IPO and the rise in private company IPOs, presents significant opportunities for financial institutions like Nomura and Jefferies Financial Group to capitalize on the flou...
26 Jun, 2024, 04.09 PM ISTAnil Agarwal likely pares Vedanta stake in large block deal, shares drop 6% The promoters of Vedanta have reportedly sold 17.1 crore shares of the company and the transaction value is estimated to be around Rs 7,000-8,0000 crore. The official buyers and sellers of the transaction are not yet known.
26 Jun, 2024, 09.58 AM ISTAssange's plea deal sets a chilling precedent, but it could have been worse Julian Assange, founder of WikiLeaks, has reached a plea deal with prosecutors, affecting American press freedoms but allowing him to walk free after more than five years in British custody. The agreement, concluded on Wednesday in a courtroom in a ...
26 Jun, 2024, 09.03 AM ISTPromoter may sell 2.5% in Vedanta via block deals this week Agarwal has been seeking to slash the group's debt burden. London-listed Vedanta Resources reduced its net debt to $6 billion in FY24 from $9.7 billion in FY22. The company aims to cut it to $3 billion over the next three years. Vedanta Resources ha...
26 Jun, 2024, 06.25 AM ISTOpenAI buys database analytics company Rockset in 9-figure stock deal Microsoft-backed OpenAI acquired database analytics startup Rockset to enhance its enterprise products, the ChatGPT maker announced. The deal size was undisclosed.
23 Jun, 2024, 12.49 AM ISTAnil Agarwal likely to sell a 2.5% stake in Vedanta Vedanta Resources, which holds a majority stake in Vedanta, is reportedly considering selling a 4-5% stake in the company. The deal could be facilitated by an international bank and is expected to capitalise on the recent surge in Vedanta's share pr...
21 Jun, 2024, 11.37 PM ISTBlock deals worth over Rs 7,640 crore this week. Chandrababu Naidu’s Heritage Foods, Adani Ports see top action The week was an eventful one. Besides the general election results, D-Street saw some prominent block deals which included over three dozen companies from large, mid and smallcap segments. Shares worth Rs 7,640 crore were traded on screen, which inc...
08 Jun, 2024, 02.09 PM ISTBest ‘Today's Deals’ on Mobile Phones on Amazon (2024) Are you looking for a mobile phone at the lowest price possible today? If so, then continue reading this article where we have curated a list of the best deals available on Amazon on its Today’s Deals portal on smartphones. From excellent display fe...
06 Jun, 2024, 10.34 PM ISTInox Wind shares tumble 10% as promoter likely sells stake via block deal Inox Wind shares drop 10% on BSE to Rs 147.65 after a likely 5% stake sale by promoter entity IWEL via block deal. Company received 'A' rating from CARE Ratings for banking facilities. Inox Wind, subsidiary of Inox Group, provides wind energy servic...
28 May, 2024, 10.35 AM ISTBlock deals worth over Rs 13,000 cr this week: Adani Ports, HDFC Bank, Vodafone Idea among stocks with top action The week gone by was highly volatile, with Nifty gaining 2.2% or 490 points in four sessions and hitting a lifetime high of 23,000. The week was also in the news for block deals involving over three dozen companies from large, mid and smallcap segme...
25 May, 2024, 09.31 PM ISTAdani Green signs a 20-yr agreement with Sri Lanka government for wind power stations The Sri Lankan government has greenlit a partnership with Adani Green Energy, led by Indian billionaire Gautam Adani, to construct wind power stations in Mannar and Poonerin. A negotiation committee has been tasked with assessing Adani Green's propo...
07 May, 2024, 11.23 AM ISTIBM to buy HashiCorp in $6.4 billion deal to expand in cloud IBM's $6.4B acquisition of HashiCorp bolsters its AI presence through cloud expansion, despite Q1 revenue missing estimates. The deal, funded by cash, aligns with IBM's strategic focus on AI and cloud technologies.
25 Apr, 2024, 11.01 AM ISTPakistan's PM-elect Shehbaz Sharif to take oath of office on Monday Shehbaz Sharif, leader of Pakistan Muslim League-Nawaz, will take oath as Prime Minister for the second time. He was backed by Pakistan Peoples Party, Pakistan Muslim League(Q), Muttahida Qaumi Movement(MQM-P), Balochistan Awami Party, National Part...
03 Mar, 2024, 09.29 PM ISTNew Pak government likely by March 2; presidential election before March 9: Report The Pakistan Muslim League-Nawaz (PML-N) led by three-time prime minister Nawaz Sharif will be backed by the Pakistan Peoples Party (PPP) of former foreign minister Bilawal Bhutto-Zardari has agreed to form a new government after the February 8 elec...
23 Feb, 2024, 10.57 PM ISTStalemate in formation of new govt in Pakistan continues; PML-N, PPP fail to agree on power-sharing deal After a three-hour deliberation on Monday, the negotiation hit a snag prompting a temporary halt, with both PML-N and PPP agreeing to reconvene at 10 pm on Monday. However, the meeting did not take place. Eventually, at 11 pm, the PML-N concluded th...
20 Feb, 2024, 07.16 PM IST