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One97 Communications Limited, the parent company of Paytm, has denied being in any discussions with the Adani Group regarding a potential stake sale.
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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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Now even the Adani Group is working on solving all its problems. A team from the Adani Group is currently in talks with Trump officials regarding the criminal charges filed against them in the USA. If those charges are cleared and the Adani Group get
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๐๐ Market Today Billionaire businessman Gautam Adani has increased his stakeย Adani Enterprises Ltdย from the open market during the April-June quarter, a statement to stock exchanges stated on Friday. โก๏ธ These open market purchases were made by e
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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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Ever wondered how the big companies actually work? Here's a quick breakdown! ๐ Business โ An umbrella term for any commercial entity. ๐ข Company โ A business that is its own legal entity. ๐ค Partnerships โ Owned & run by multiple people. ๐๏ธ Corpor
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๐คฏ ๐ฅ 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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A few days ago, Flipkart introduced its new UPI service, Supermoney. โฎ๏ธThe 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
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Antfin, an affiliate of Alibaba Group, is reportedly set to sell 18.8 Cr shares of foodtech major Eternal in a block deal worth around INR 5,375 Cr (about $613 Mn). This comes a day after the investor exited fintech major Paytm. Citing sources, CNBC
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