Tuesday, June 18, 2024

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Alibaba sells over half of its stake in Paytm after selling shares in BigBasket and Zomato, rumoured to be exiting India

Alibaba sold about 3.1% in Paytm of its total equity of about 6% in a block deal, seems to be making an exit from India

Mamaearth co-founder Ghazal Alagh refutes charges that the company’s IPO is overvalued, says DRHP doesn’t mention valuation

Mamaearth co-counder Ghazal Alagh said that valuation figure of company's IPO is purely speculative and the company has not released any valuation

Experts put Mamaearth valuation at 1,666 times its annual profits, Twitter debates whether it’s overvalued

Mamaearth, through its parent company, filed Draft Red Herring Prospectus (DRHP) with SEBI to raise money through IPO.

Adani Group completes majority acquisition of NDTV, acquires 27.26% shares from Prannoy Roy and Radhika Roy for over ₹602 crore

Adani Group acquires 27.26% equity stake in NDTV from Prannoy Roy and Radhika Roy, now owns 64.72% in the media company

Zomato shares nosedive to all-time low: Here are the possible reasons why the stock prices are falling and may continue to plunge

Zomato share prices Tuesday plunged to an all-time low to Rs 41.60, falling 12.61 per cent intraday.

“Moving On”, Elon Musk’s cryptic tweet sends people guessing about his future plans with Twitter

Social media users are wondering whether Musk will acquire Twitter fully or the Twitter board's 'poison pill' strategy will stop him from succeeding.

Tesla chief Elon Musk secures $46.5 billion funding to buy Twitter, may consider buying stocks directly from shareholders

Elon Musk has lined up $46.5 billion in debt and equity financing to buy Twitter Inc. The billionaire investor is also considering buying shares directly from shareholders.

Vanguard group replaces Elon Musk as the largest shareholder of Twitter, ups its stake to 10.3%

Vanguard group surpasses Elon Musk as largest shareholder in Twitter by increasing its stake to 10.3%

Saudi prince who owns 5.2% of Twitter refuses to sell his shares after Elon Musk proposes to buy out the company: Here is what...

While reacting to the development, Elon Musk had inquired, "How much of Twitter does the Kingdom own, directly & indirectly? What are the Kingdom’s views on journalistic freedom of speech?"

“I don’t have confidence in management”: Read what Elon Musk told Twitter while offering to buy 100% shares of the company

Elon Musk said that he will reconsider his position as a shareholder in Twitter if the board does not accept his offer

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