Adani Ports stock dips after promoter entity sells 2% stake for Rs 7,486 crore. Capital Group picks up shares. Details inside. New Delhi, May 5 (PTI) A promoter group entity of Adani Ports and Special Economic Zone has divested a 2 per cent stake in the company for Rs 7,486 crore through open market transactions,…
Ixigo, an Indian travel technology company, is entering a new chapter of global expansion after its board of directors approved the acquisition of a majority stake in Trenes, a leading Spanish online train booking platform. The transaction, valued at roughly Rs 125 crore, is Ixigo’s first major international acquisition and marks the company’s strategic entry…
The US government is set to acquire a 10% stake in Oklahoma-based USA Rare Earth, as part of Trump administration’s $1.6 billion investment. The package is aimed towards supporting the firm to develop a local mine and magnet production facility, according to two sources familiar with the deal.In addition to this government-backed investment, USA Rare…
US President Donald Trump threatened multiple European countries with 10% tariff as he escalated his bid to take control of Greenland. The 47th POTUS said that starting February 1, eight European countries will face a 10% levy on goods sent to the US.In a lengthy statement posted on social media, Trump accused Denmark and other…
PM Modi with Jordanian counterpart Jafar Hassan (Photo: Screengrab/DD news) NEW DELHI: Prime Minister Narendra Modi landed in Amman, the capital of Jordan, as part of his three-nation tour, which also includes Ethiopia and Oman.Jordanian Prime Minister Jafar Hassan received PM Modi at the airport. The visit to Jordan coincides with the 75th anniversary of…
SoftBank Group founder Masayoshi Son revealed that he “was crying” when he sold the company’s stake in Nvidia, highlighting how reluctant he was to part with the fast-rising chipmaker. This emotional exit raises a key question — what compelled Japan’s second-richest man to give up the shares despite not wanting to?Speaking at the FII Priority…