Adani is in talks to acquire Paytm!
Adani Group is reportedly eyeing a stake in Paytm's parent company, One97 Communications Limited (OCL). Sources familiar with the matter revealed that Paytm CEO Vijay Shekhar Sharma recently visited Adani's office in Ahmedabad...
The Adani Group, founded by billionaire Gautam Adani, is now stepping into India's fast-growing consumer market. The conglomerate, known for its vast infrastructure and logistical prowess across ports, airports and electric power, is reportedly gearing up to capture a...
OpenAI, a frontrunner in artificial intelligence (AI), is currently in hot waters. Following the resignations of two senior executives from the AI startup, another key figure, policy researcher Gretchen Krueger, announced her departure on the X platform. However, Krueger...
OYO is not going public anytime soon! Oravel Stays, the parent company of OYO Hotels and Homes, has withdrawn its draft IPO prospectus filed with the Securities and Exchange Board of India (SEBI) for the second time, raising questions...
AI investments have skyrocketed in the last three years, with tech giants placing their bets on the transformative power of generative artificial intelligence (AI). The most recent milestone in this trend is Amazon's $4 billion investment in Anthropic.
With...
Reliance Industries continues its expansion strategy by acquiring Paramount Global's entire 13.01% stake in Viacom 18 Media Private Limited. The deal, valued at approximately Rs. 4,286 crore (~$517 million), has been officially disclosed through a regulatory filing. It is...
Byju's has been grappling with a financial storm for quite some time, prompting it to take significant measures to weather the challenges. In the latest move, the edtech firm has downsized its office space in Bengaluru as part of...
Reliance Industries Limited, led by the ambitious Mukesh Ambani, is leaving no stone unturned to dominate India's entertainment space, encompassing both Over-the-Top (OTT) and Television distribution domains. In the latest development, Reliance is reportedly in discussions to acquire Disney's...
The Indian corporate sector has undergone a dynamic transformation in recent years, with established industry leaders maintaining their dominance while innovative newcomers leave their mark. The latest Burgundy Private Hurun India 500 list presents an interesting data-driven perspective on...
Swiggy will soon introduce a platform fee of Rs 10, a jaw-dropping increase of over 3X from the current Rs 3 levied on most customers in India. The online food and grocery delivery firm has already begun teasing this...