Bullets

Billionaire Gautam Adani's company just sold 2.8% of its cement business, Ambuja Cements.

 The deal was worth around ₹4,200 crore. The stock price went up 4% after the news.

Adani still owns 77.33% of Ambuja Cements signalling the sale meant for raising capital.

Want to know more about Adani's business empire? Click on this link.

Jewellery retailer Bluestone has just bagged a whopping ₹900 crore in funding, valuing the company at a dazzling $970 million (₹8,051 crore).

This latest cash infusion is a major step towards their IPO, which is expected to hit the market later this year. With big names like Peak XV Partners and Prosus backing the deal, it's clear that Bluestone is ready to sparkle on the stock exchange stage.

But the question remains: Can they keep the shine on their IPO dreams?

Reliance Industries and Walt Disney are cooking up a plan to appease the Competition Commission of India (CCI) and secure approval for their blockbuster merger.

The latest tactic involves a two-year freeze on advertising rates for all advertisers and agencies.

Will this sweet deal convince the CCI to give the merger the green light, or will the regulator demand even more concessions? Be in the loop with this article.

Tata Electronics has seen its sales skyrocket over nine times in just one year, thanks to its newfound iPhone assembly prowess.

The acquisition of Wistron's plant near Bengaluru has catapulted the company into the big leagues of Indian electronics manufacturers. While still trailing behind giants like Dixon Technologies, Tata Electronics' growth trajectory is nothing short of impressive.

The question now is: can they sustain this momentum and become a major player in the global electronics market?

ICICI Securities, the investment banking arm of ICICI Bank, has shelled out ₹69.82 lakh to settle a case with the Securities and Exchange Board of India (SEBI).

The regulator took issue with the company's due diligence practices, raising questions about its adherence to merchant banking norms.

While the company has settled the matter, the question remains: Was this a minor oversight or a symptom of deeper regulatory concerns?

Also Read: When is ICICI Securities Delisting & Why?

Retail giant Walmart is waving goodbye to a potential $3.74 billion (₹31,042 crore) with the reported sale of its stake in Chinese e-commerce leader JD.com.

144.5 million shares are on the block, priced between $24.85 and $25.85 each. Is this a strategic move by Walmart, or a sign of trouble in the Chinese e-commerce market?

The silence from all parties involved is deafening. One thing's for sure, this fire sale has investors watching closely.

Venture capital firm Accel has just doubled down on its investment in Uppercase, the luggage maker. With a fresh injection of $9 million (₹74.7 crore), Uppercase's valuation has skyrocketed to $60 million (₹498 crore).

Uppercase plans to expand their retail footprint both domestically and internationally.

But the real question is: will this be enough to make it the go-to luggage brand?

Cognizant is facing a social media storm after announcing a starting salary of ₹2.52 lakh for freshers.

However, the company quickly clarified that this offer only applies to non-engineering graduates. So, what does this mean for engineering grads hoping to join the tech giant?

Is Cognizant playing a sneaky game of expectations or simply trying to attract talent from different backgrounds?

IT giant Infosys is upping the ante for campus placements with a new "power program" offering packages of up to ₹9 lakh per annum. This is a significant boost compared to the usual ₹3-3.5 lakh starting salaries.

The company is specifically targeting students with exceptional coding and software skills, suggesting that the days of generic IT roles might be numbered.

Is Infosys setting a new standard for tech industry salaries? Read more from here.

Ola Electric's stock is zooming faster than one of its electric scooters! A day after launching three new electric bike models, the company's shares jumped a whopping 16% today.

With the unveiling of its own cells and the new Gen-3 platform, Ola seems to be revving up its electric vehicle game.

But can this momentum sustain the ride? Read here to know more.

In a stunning turn of events, logistics startup Loginext, once backed by heavyweights Tiger Global and Steadview Capital, is calling it quits.

After raking in a hefty $50 million (₹415 crore), the company has now sold its entire business – software, hardware, clients, the works – for a mere $250,000 (₹2.075 crore).

The question is: Where did it all go wrong?

Nykaa's parent company, FSN E-commerce Ventures, showed a whopping 152% jump in net profit to ₹13.64 crore for the April-June quarter.

Revenue clocked in at ₹1,731 crore, while Gross Merchandise Value (GMV) surged 25% to ₹3,321 crore. Beauty continues to be the star, growing 28%, but fashion isn't lagging far behind with a 15% uptick.

Can Nykaa keep this momentum going? Know more from this article link.

SoftBank's India head, Sumer Juneja, is singing the praises of the Indian IPO market. He credits the recent success stories of Ola Electric, FirstCry, and Unicommerce to smart pricing, a friendly market, and growing investor love for tech firms.

SoftBank itself seems to be enjoying the Indian ride, boasting a potential $10 billion (₹83,000 crore) return on its investments here.

But the big question is: Can this IPO party keep going? Click here to know more.

Bengaluru's electric scooter startup, Ather Energy, has just upped its valuation to $1.3 billion (₹10,790 crore), thanks to a fresh injection of ₹600 crore from its existing investor, NIIF.

This marks the fourth unicorn to be minted in India this year. What’s surprising here is that Ather’s valuation fell just a year ago.

And now, rival Ola Electric is burning up the stock market. Is this the start of an electric scooter valuation war?

FirstCry parent, Brainbees Solutions, had a rocking market debut today! Shares listed a whopping 40% higher than their IPO price of ₹549.

The company raised ₹4194 crore through the IPO, which was oversubscribed 12 times. With a pre-listing grey market premium of ₹84, expectations were high, and it seems the market delivered.

Will this be the start of a new growth spurt for the baby products giant?

India's banking behemoth, HDFC Bank, is about to get a massive cash injection. MSCI has decided to boost its weightage in the Global Standard Index, but with a twist: it's happening in two parts.

This means a cool $1.8 billion (₹14,940 crore) is flowing into the Nifty, but it's a slow burn rather than a sudden explosion.

Will this staggered approach change the market game, or is it just MSCI playing hard to get?

Also Read: HDFC Bank's Success Story

Infinyte.Club, a wealth management platform just for you, raised $3.6 million (₹29.8 crore) in a funding round. Elevation Capital led the charge, with angel investors from hotshot startups like Meesho and Razorpay joining the party.  

This cash injection fuels their tech and team growth, but with 40 deals closed in beta, were they already secretly crushing it?   

Is this the future of startup wealth, or just another perk in a competitive job market? Know more from the link here.

Zepto, the lightning-fast grocery delivery startup, is back for another round of funding, this time aiming for a $5 billion (₹41,500 crore) valuation. That's a 40% jump in just over a month!

This brings their total funding to nearly $1 billion (₹8,300 crore) in two rounds, a mind-boggling figure for a three-year-old company.

With a valuation surge of over 3.5 times in a year, Zepto is clearly riding the quick-commerce wave. Will this rapid growth continue, or is this just the calm before the storm?

Also Read: Decoding Zepto

Adani Group stocks took a nosedive this morning, shedding a whopping ₹53,000 crore in market value. Investors, spooked by the allegations against SEBI chief Madhabi Buch, opted for caution.

Adani Green Energy led the decline with a 7% drop, while Adani Total Gas and Adani Power followed suit with 5% and 4% losses respectively. Even the relatively stable Adani Ports couldn't escape the downturn, shedding 2%.

With the group's market cap now at ₹16.7 lakh crore, the question is: will this be a temporary blip or the start of a more significant slide?

Cisco, the tech giant known for its networking prowess, is gearing up for another wave of job cuts. The company is reportedly planning to shed thousands of jobs this year, mirroring the 4,000 positions eliminated in February.

This drastic move comes as Cisco pivots towards higher-growth sectors like cybersecurity and AI. An official announcement is expected as early as Wednesday.

Will this strategic shift be enough to power Cisco back to profitability?