SPRL will purchase 100% stake in all three companies at a combined enterprise value of €159 million, or roughly ₹1,670 crore. The transaction is expected to be completed by January 2, 2026.
Kaynes Technology is working to correct disclosure gaps flagged in a Kotak analyst report, while maintaining that consolidated financial statements are accurate, said its Executive Vice Chairman, Ramesh Kunhikannan.
Goldman Sachs also pointed to upcoming launches such as the Victoris and eVitara, which it expects will lift volumes by around 6% in FY27 compared with FY25.
Known for producing Graphic Processing Units (GPUs), a product which Nvidia currently has near-monopoly status, Moore Threads was founded in 2020, the year of the Covid-19 pandemic, by former Nvidia China head James Zhang Jianzhong, who spent 14 years at…
At the top of the price band, Park Medi World is expected to list with a market capitalisation of ₹6,997.28 crore.
BAT said proceeds from the transaction will help it move towards its targeted leverage corridor of 2-2.5x adjusted net debt to adjusted EBITDA (excluding Canada) by end-2026.
Sensex Today | Stock Market LIVE Updates: The bulls have held on to the 26,000 mark on the Nifty and 59,000 on the Nifty Bank on Thursday despite the volatility. The broader market breadth, though, particularly within the smallcap stocks,…
The noticees have collected over ₹601 crore from more than 3.37 lakh investors through their courses, and therefore, the SEBI order has directed the impounding of ₹546 crore, the prima facie amount of unlawful gains accrued through these alleged unregistered…
Federal Reserve officials will get a dated reading on their preferred inflation gauge, the personal consumption expenditures price index, on Friday. The September income and spending report — also delayed because of the government shutdown — is due to be…
For the third straight day on Thursday, thousands of passengers were left stranded as the country’s largest carrier struggled to adjust its rosters to new government rules.