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Jio Shares Slump 8% After Denying Paytm Wallet Acquisition Rumours
|Jio Financial Services shares crashed sharply on Tuesday after the company surged up around 14% on Monday.
Paytm In Talks To Sell Off Wallet Biz To Jio Or HDFC Amid Regulatory Heat: Report
|The ban, imposed on January 31, has prompted Paytm to consider strategic alternatives, including discussions with interested parties to offload its wallet business.
Reliance Industries Says 'No Comment' On Disney Merger Speculations
|Reliance Industries has refrained from commenting on media speculations about a potential merger with Disney's India unit, according to a letter sent to stock exchanges on January 30, 2024.
Sony, Zee Continue Merger Talks Amid Cancellation Rumors: Report
|The agreement, initially signed in 2021, proposed that Sony would hold a majority stake in the new entity.
Vodafone Idea Denies Tie-Up Rumours With Elon Musk's StarLink, Shares Tank
|Shares of Vodafone Idea which had been surging up in the past few days, crashed heavily on Tuesday afternoon, going down over 4%.
Tata Sons Hunting For PE Suitors For Minority Stake In Tata Digital: Report
|In addition to the Tata Neu digital platform, TDPL incorporates consumer brands like Croma, loyalty programs of various brands, and digital payment services such as Big Basket, Croma, IHCL, Starbucks, Westside, Vistara and Tata Cliq.
Did Elon Musk Have Anything To Do With Vodafone Idea's Recent Stock Surge?
|This surge in Vodafone Idea's stock, marked by significant trading volumes and heightened investor interest, has raised numerous questions.
Jio Inches Closer To Launch Satellite-Based Internet Services, Awaits Crucial IN-SPACe Nod
|Jio, in collaboration with SES, aims to revolutionize broadband connectivity in India, especially in underserved rural and remote areas.
Why Zomato Shares Are Upbeat Today
|Zomato's share price was surging on Friday morning going up over 2.5% to hit an intraday high of ₹130.80.
Adar Poonawalla Acquires London's Priciest Mansion Of The Year For ₹1,466 Cr
|India's billionaire "vaccine prince" Adar Poonawalla has bagged London's most expensive home deal of the year, shelling out approximately £138mn for a 25,000 square-foot mansion in Mayfair.
Reliance, Disney Nearing Merger To Forge India's Largest Media Empire: Report
|RIL plans to create a subsidiary of Viacom18, which will integrate Star India via a stock swap, aiming for a controlling stake of over 51% in the combined entity.
Adani Ports Said To Be In Talks To Acquire Port From Shapoorji Pallonji, Shares Gain Over 25% this Week
|The divestment of Gopalpur Ports is part of SP Group's strategy to meet covenant terms set with lenders and debenture holders, involving the reduction of assets by March next year.
Amazon India's Top Brass Said To Be Shuffled Around In Major Rejig
|The anticipated changes reportedly aim to allocate more roles under Manish Tiwary, with a potential dual leadership structure.
High-Stakes Boardroom Battle At Raymond As Advisory Firm Calls For Investigation Into Gautam Singhania
|The advisory firm further suggested the engagement of an independent legal counsel to ensure an unbiased investigation and protect the Board from potential repercussions.
Catch 'em All On JioCinema: Reliance Reportedly Inks Deal With Pokemon Company
|JioCinema, the digital entertainment arm of Reliance, has secured a landmark deal with The Pokemon Company. This move is set to bolster the streaming platform's content offerings and further intensify its rivalry with Disney's Hotstar and other streaming services.
Ashneer Grover-Linked Firms May Have Cooked Invoices, Says Report
|The Economic Offences Wing's preliminary investigation exposed the alleged backdating of invoices, with an example showing an invoice for ₹39.9 lakh raised on August 7, 2019, having an associated bank account opened on August 22, 2019.
Tata Technologies IPO: Morgan Stanley, US Hedge Funds Looking To Have A Bite
|Ahead of its forthcoming initial public offering (IPO), Tata Technologies, a part of the prestigious Tata Group, is reportedly in talks with Morgan Stanley Investment Management and several US hedge funds.
Why Tata Is Said To Be Looking to Sell This Household Brand
|Tata Group is reportedly exploring the potential sale of the home appliance division operated by Voltas, a subsidiary under its umbrella.
Elon Musk's Tesla's India Manufacturing Dream Gets A Fast Track For 2024: Government Strives For Swift Approvals
|Tesla's top executives have laid out their vision to establish car and battery production bases in India, eyeing the country not just as a market but also as a potential hub for its global supply chain.
Ratan Tata Rewarding Rashid Khan With ₹10 Cr After Win Over Pakistan? No, Not True
|Social media and messaging apps were buzzing with messages about Ratan Tata announcing ₹10 crore reward for Afghani cricketer Rashid Khan.
Mukesh Ambani's Reliance Group And Disney To Seal A Multi-Billion Dollar Deal: Report
|The Walt Disney Company is reportedly finalising a significant multi-billion dollar deal with the Reliance Group, owned by Mukesh Ambani.
No End For Turbulence At Vedanta As Another CFO Steps Down
|The metals and mining colossus, Vedanta Ltd, has been reportedly hit by another top-level departure. This time, it's their Chief Financial Officer Sonal Shrivastava who has stepped down.
This Micro Cap Stock Has Gained 12% On Adani Deal Report—Exchanges Want To Know If It's True
|The Adani Group, which has been actively acquiring businesses recently, is looking to double its current capacity from 70 million tonnes to 140 million tonnes per annum in the next five years.