Japan-based investment giant Softbank has reportedly fully exited Vijay Shekhar Sharma-led Paytm in the June quarter at a massive loss of around $150 million (or about Rs 1,250 crore), PTI reported.
Notably, the Masayoshi Son-led firm invested arou
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Shuvodip Ray
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YouTube • 9m
📉📈 Market Today
Billionaire businessman Gautam Adani has increased his stake Adani Enterprises Ltd from the open market during the April-June quarter, a statement to stock exchanges stated on Friday.
➡️ These open market purchases were made by e
The Hindenberg-Adani Case timeline ->
24 January 2023:
Hindenburg Research, a US-based short seller, accused the Adani Group, led by Gautam Adani, of financial misconduct. Adani denied these allegations.
1 February 2023:
SEBI started investigating
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financialnews
Founder And CEO Of F... • 13d
Bajaj Group to buy 26% each in insurance businesses from Allianz
Bajaj Finserv to acquire 26% stake from Allianz in Bajaj Allianz Life & Bajaj Allianz General Insurance
Mumbai: The Bajaj Group will buy out Allianz SE's stakes in their two insurance
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Mridul Das
Introvert! • 9d
Ever wondered how the big companies actually work? Here's a quick breakdown!
📌 Business – An umbrella term for any commercial entity.
🏢 Company – A business that is its own legal entity.
🤝 Partnerships – Owned & run by multiple people.
🏛️ Corpor
🤯 🔥 Patanjali Foods, which has a market capitalization of $7 billion, is acquiring its parent company Patanjali Ayurved's non-food business in tranches worth Rs 1,100 crore.
The acquisition, as a going concern on a slump sale basis, will result i
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VCGuy
Believe me, it’s not... • 9m
A few days ago, Flipkart introduced its new UPI service, Supermoney.
⏮️The interesting part: Let's go back a few years -
Dec, 2015: 3 former Flipkart exec's start PhonePe.
Apr, 2016: Flipkart acquires PhonePe for $20 M.
Aug, 2018: Walmart acquires
Top News of the Day:
1. Chennai-based fintech unicorn Yubi Group has made several key appointments within its group companies
2. EV Startup Matter raises $35 million in ongoing Series B round
3. SoftBank-backed Indian e-scooter maker, Ola Electric
Top News Of the Day:
1. HSBC does not see any value in BYJU's stake due to ongoing legal cases and funding challenges, which once was worth $500 Mn
2. HSBC has revised its valuation estimate for several Indian startups, including B2B ecommerce plat