Tag: stake

A man cleans an Expert Testing Van of UltraTech Cement outside a cement store in Ahmedabad. (Amit Dave/Reuters)
Posted in Business

UltraTech to acquire 32.72 % additional stake in India Cement for ₹3,954 crore

Leading cement manufacturer UltraTech will acquire an additional 32.72 per cent stake in India Cements Ltd from the promoters of the South-based company for ₹3,954…

Continue Reading
Meta CEO Mark Zuckerberg delivers a speech, as a pair of Ray-Ban smart glasses appear on screen, during the Meta Connect event at the company's headquarters in Menlo Park, California.(Reuters)
Posted in Business

Ray-Ban maker EssilorLuxottica says Mark Zuckerberg interested in stake

EssilorLuxottica SA said Meta Platforms Inc. is planning to buy a stake in the world’s biggest eye-wear maker, a deal which would see the US…

Continue Reading
The BYD Co. badge on an electric vehicle (Bloomberg)
Posted in Business

Warren Buffet reduces stake in Chinese EV giant BYD: Why and what’s next?

When Berkshire Hathaway Inc. offloads another chunk of BYD Co. shares — a stock it has held for more than 15 years — it will…

Continue Reading
Inside Image (1).
Posted in Startups

Chiratae Ventures: Chiratae Ventures gets $70 million via portfolio sale as VCs eye exits

In a significant development in India’s venture capital industry, Chiratae Ventures–one of the country’s oldest early-stage funds that has invested in companies such as Lenskart,…

Continue Reading
Paytm shareholder Antfin to sell 3.6% stake via block deal(Reuters Photo)
Posted in Business

Antfin to sell 3.6% stake in Paytm, reducing its stake further

Reuters | | Posted by Singh Rahul Sunilkumar Paytm shareholder Antfin is likely to sell a 3.6% stake in the Indian payments firm through a…

Continue Reading
CaratLaneUnlisted CaratLane makes and sells jewellery.
Posted in Business

Titan locks ₹4,621-crore deal to acquire additional share of CaratLane

Reuters | | Posted by Nisha Anand India’s Tata Group-owned Titan Co will raise its stake in its subsidiary CaratLane Trading by 27.2% for 46.21…

Continue Reading