
Devyani–Sapphire merger talks enter advanced stage; swap ratio emerges as key hurdle
The swap ratio remains the core hurdle. Devyani has proposed a ratio of 1:3, while Sapphire is pushing for 1:2.

The swap ratio remains the core hurdle. Devyani has proposed a ratio of 1:3, while Sapphire is pushing for 1:2.

The ramp-up at Cambricon underscores the rapid ascent of Chinese chipmakers after Beijing began actively discouraging the use of Nvidia’s product this year, part of…

Rio Tinto Group, led by new CEO Simon Trott, will cut costs, sell assets worth up to 10 billion dollars, and focus on iron ore…

The Sensex rose 159 points to close at 85,265, while the Nifty 50 gained 48 points to finish at 26,034, lifted by gains in index…

E2E Networks began executing its ₹177-crore IndiaAI Mission order, allocating GPUs to Gnani AI, while L&T’s stake value dropped from ₹1,407 crore to ₹800 crore…

BEML has won a ₹157 crore order from Loram Rail Maintenance India to manufacture switch rail grinding machines for Indian Railways, adding to the company’s…

The premium property is located within Embassy GolfLinks Business Park, which is the city’s most sought-after office market, the company said in a press release…

While the economic landscape for mining continues to shift, profitability today depends heavily on location, power access and operational efficiency — and the gap between…

Goldman Sachs Strategist Kamakshya Trivedi expects global conditions, including US Federal Reserve rate cuts, to weaken the dollar and support emerging market currencies. While the…

Market participants say everyone is waiting for the policy announcement. Traders were expecting that the RBI might defend the rupee more strongly if it went…