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UltraTech to acquire 32.72 % additional stake in India Cement for ₹3,954 crore
After completing the ₹3,954 crore deal, UltraTech's stake in India Cements Ltd (ICL) will reach over 55%, mandating an open offer as per Sebi regulations
Published on Jul 28, 2024 02:27 PM IST
PTI |
Ray-Ban maker EssilorLuxottica says Mark Zuckerberg interested in stake
EssilorLuxottica shares rose as much as 8.1% in Paris on Friday, the biggest increase in more than two years.
Published on Jul 26, 2024 03:12 PM IST
Bloomberg |
Warren Buffet reduces stake in Chinese EV giant BYD: Why and what's next?
Despite Warren Buffet's Berkshire Hathaway selling BYD shares, the company sold nearly a million electric and hybrid vehicles in the second quarter, a record.
Published on Jul 23, 2024 04:36 PM IST
Bloomberg |
Flipkart tried to buy stake in Swiggy to compete against Zepto, Blinkit: Report
Flipkart was interested in acquiring a stake in Swiggy to take on q-commerce players Zepto & Blinkit, but the talks fell through over valuation disagreements.
Published on Jun 25, 2024 12:59 PM IST
HT News Desk | Edited by Abhyjith K. Ashokan
Prosus writes off investment in Byju’s, records a loss of $493 million
Tech investor Prosus said in its FY24 annual report that it held a 9.6 per cent effective stake in Byju's before the company's rights issue.
Updated on Jun 24, 2024 01:55 PM IST