Y Combinator sells 1.05% Meesho stake for ₹970 crore
Y Combinator offloaded 4.85 crore shares, or 1.05% stake, in Meesho for about ₹970 crore through block deals on the National Stock Exchange on Monday. The three Y Combinator entities sold shares…
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SoftBank sells 2.6% Lenskart stake for Rs 2,888 crore
SoftBank Group has sold a 2.6% stake in Lenskart Solutions for Rs 2,888 crore through a block deal on Monday. The Japanese investor, through its affiliate SVF II Lightbulb (Cayman) Ltd, offloaded…
Concor’s first long haul double stack train runs from JNPT
Container Corporation of India (Concor) ran its first long haul double stack container train on the Western Dedicated Freight Corridor (WDFC) on August 21. The 422-km journey from JNPT to Vadodara carried…
Healthify merges with Berry Street, becomes US company in all-stock deal
Healthify has merged with New York-based Berry Street in an all-stock deal, becoming a US company with its India business now a subsidiary. The merged entity will be led by co-CEOs Tushar…
Mirae Asset Sharekhan recommends 11 BFSI stocks to buy
Mirae Asset Sharekhan has recommended 11 stocks from the banking, financial services and insurance (BFSI) space to buy for the long term, following the first-quarter results of FY27. The brokerage said NBFCs…
Ceigall India wins Rs 705 crore Arunachal highway order
Ceigall India has received a Rs 704.70 crore order from the Ministry of Road Transport and Highways to build a section of NH-913, the Frontier Highway, in Arunachal Pradesh. The project will…
Apollo Micro Systems buys 34% in Shauryastra Defence for Rs 34,000
Apollo Micro Systems has acquired a 34% stake in Shauryastra Defence Systems Private Limited, a newly incorporated defence technology company, for Rs 34,000. The company subscribed to 3,400 equity shares at a…
Dr Reddy’s faces post-lenalidomide growth challenge, says Prasad
Dr Reddy's Laboratories Ltd reported a nearly 70% fall in first-quarter profit, with North American sales dropping by more than a third, after a botched scale-up of semaglutide, the active ingredient in…
Shanti Inorganics IPO opens August 31, price band set at Rs 79-83
Shanti Inorganics, a manufacturer of sulphur-based inorganic chemicals, will launch its initial public offering on the NSE Emerge platform from August 31 to September 2. The company has fixed a price band…
SIP timing barely matters over 30 years, Sensex study finds
A 30-year analysis by WhiteOak Capital Mutual Fund comparing the BSE Sensex TRI shows that the difference in returns between investing on the best, worst, or a fixed date each month is…
