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Multiples GIFT Fund seeks CCI Nod for strategic acquisition of financial and AI Firms
Business

Multiples GIFT Fund seeks CCI Nod for strategic acquisition of financial and AI Firms

Multiples Plenty Private Equity GIFT Fund has approached the Competition Commission of India (CCI) seeking clearance for its proposed acquisition of stakes in three companies—Vastu

Zoho’s valuation surges to ₹1.03 lakh crore, securing second spot among bootstrapped firms
Business

Zoho’s valuation surges to ₹1.03 lakh crore, securing second spot among bootstrapped firms

The Chennai/US-based Zoho’s valuation has surged by 58 per cent to ₹1.03 lakh crore. It was in the second spot – after Serum Institute with

Dollar firms on Ukraine tensions, kiwi slumps as RBNZ slashes rates
Stock Market

Dollar firms on Ukraine tensions, kiwi slumps as RBNZ slashes rates

New Zealand dollar slides as RBNZ cuts rates US dollar bolstered by tariff, Ukraine concerns but near low Euro under some pressure as market assesses

Chinese Stock Rally Resumes as Xi Vows Support for Private Firms
Stock Market

Chinese Stock Rally Resumes as Xi Vows Support for Private Firms

Chinese stocks in Hong Kong gained after a meeting between President Xi Jinping and prominent entrepreneurs signaled Beijing’s endorsement of the private sector.  The Hang

Listed firm’s attempt to convert liability to foreign parent into equity hits wall
Business

Listed firm’s attempt to convert liability to foreign parent into equity hits wall

An Indian listed company’s proposal to issue a single share at a significant premium to its foreign parent in lieu of an unfulfilled export advance

Mcap: 8 of top-10 valued firms tumbles ₹2 lakh cr; Reliance biggest laggard
Business

Mcap: 8 of top-10 valued firms tumbles ₹2 lakh cr; Reliance biggest laggard

The combined market valuation of eight of the 10 most valued domestic firms eroded by ₹2 lakh crore last week, with Reliance Industries taking the

Japanese firms eye India as part of ‘China Plus One’ strategy
Business

Japanese firms eye India as part of ‘China Plus One’ strategy

Post the Covid-19 pandemic, Japanese companies are eyeing India as a base as they adopt the ‘China Plus One’ strategy to diversify their manufacturing and

Mcap of eight of top-10 valued firms tumbles ₹2 lakh crore; Reliance biggest laggard
Stock Market

Mcap of eight of top-10 valued firms tumbles ₹2 lakh crore; Reliance biggest laggard

The combined market valuation of eight of the 10 most valued domestic firms eroded by ₹2 lakh crore last week, with Reliance Industries taking the

Centre moves to clear legal hurdle for smooth entry of foreign law firms and lawyers into India
Business

Centre moves to clear legal hurdle for smooth entry of foreign law firms and lawyers into India

The Centre has proposed amendments to the Advocates Act, 1961, to create a structured legal framework for the entry of foreign law firms and lawyers

Nazara Tech Q3 Results: Rakesh Jhunjhunwala-backed gaming firm’s net profit dips 53% to ₹14 crore, revenue up 67% YoY
Stock Market

Nazara Tech Q3 Results: Rakesh Jhunjhunwala-backed gaming firm’s net profit dips 53% to ₹14 crore, revenue up 67% YoY

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