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₿trust, a non-profit organization funded by Twitter (now X) co-founder and Bitcoin (BTC) advocate Jack Dorsey, is scaling up its programs in Africa with a new acquisition.

Mirae Asset has acquired a pre-leased and income-producing warehousing property spread over 11 acres in Bhiwandi near Mumbai from property and logistics developer BGR Constructions LLP, furthering its investments into logistics and industrial real estate in India. The company’s India arm, Mirae Asset Investment Managers (India), has made this acquisition of a logistics facility in BGR Logistics Park with over 500,000 sq ft leasable area through a category II alternative investment fund (AIF), Mirae Asset Credit Opportunities Fund, for around Rs 175 crore. “This acquisition is in line with our strategy to acquire core assets in tier-1 cities. We will continue to evaluate and invest in such grade-A assets across major warehousing hubs as we expand our presence in India,” Hakim Ronak, head-real estate investments, Mirae Asset Investment Managers (India), told ET. This is Mirae Asset’s second such transaction in the last six months and with this, it now owns around 800,000 sq ft warehousing space with a total investment of over Rs 300 crore in Bhiwandi alone. Prior to this, Mirae Asset had acquired another pre-leased and income-producing warehousing property spread over 10 acres in Bhiwandi with 300,000 sq ft leasable area. “This park provides a competitive edge in terms of its location.

asset management firm, has bought 2.58% stake in IDFC First Bank via bulk deals on Friday, according to data available on the bourses. As per BSE data, US-based company acquired 171,602,498 shares of the private banking company for ₹89 apiece, which aggregates to ₹1,527 crore.

The social media platform X, formerly known as Twitter, has acquired a regulatory license that enables it to process cryptocurrency payments in the US.

Assetmonk, an alternative real estate investment platform, has acquired around 90,000 sq ft of office space in Tidel Park, a commercial office property in Taramani, Chennai, valued at around Rs 89 crore. The acquired floor in 1.2 mn sq ft IT park in Tidel Park hosts around 250 Fortune US conglomerates as its tenants, delivering an average rental yield exceeding 10.6%. The asset was bought from a Mumbai-based seller and is targeting an IRR of 16.5% over 5-6 years’ tenure. “The inclusion of the exceptional commercial asset at Tidel Park to our portfolio is a deliberate move in our long-term strategy, aimed at identifying unique and high-potential investment opportunities for seasoned investors.

IDFC FIRST Bank has bagged the title rights for home international series of the Board of Control for Cricket in India (BCCI), announced the Indian cricket board on 25 August, adding the private lender would pay a sum of ₹4.2 crore per international game. The BCCI said that the contract will commence for a three-year-long period starting from the three-match ODI series that India will host against Australia.

Mutual Fund (MF) acquired 3.72 crore of Jio Financial Services Ltd (JFSL)shares, which is the demerged non-banking financial services (NBFC) unit of the Mukesh Ambani's Reliance group, for ₹754 crore via open market transaction. According to the NSE's bulk deal data, Motilal Oswal Mutual Fund purchased 3,72,00,000 shares, or 0.6% of Jio Financial Services. Also Read: Reliance Industries shares volatile as all eyes on 46th AGM; experts positive on the stock The shares were bought for an average price of ₹202.80 each, making the total transaction amount of ₹754.41 crore.

TORONTO — Business software company Open Text Corp. has acquired Ireland-based KineMatik, which specializes in business process and project management.

Jio Financial Services, the demerged non-banking financial services unit of the Mukesh Ambani-led Reliance group. "… Corporation has acquired 6.660 per cent shareholding in 'Jio Financial Services Ltd' through demerger action by 'Reliance Industries Ltd'," LIC said in a regulatory filing.Jio Financial Services listed on the stock exchanges on August 21.

Life Insurance Corporation of India (LIC), the state-run insurance behemoth, on Tuesday announced that it has acquired 6.66% shareholding in Jio Financial Services Ltd. (JFSL). In an exchange filing, LIC said that the cost of acquisition of JFSL shares, which was done through the demerger of the non-banking financial entity, is 4.68% of the pre-demerged cost of Reliance Industries as per the notice of the company dated July 19.

₹4,621 crore for the additional stake buy, the company said in a filing to the exchanges. Titan had first acquired a 62% stake in CaratLane in 2016 for ₹357.24 crore making it a subsidiary of the company, and had subsequently raised its stake in the omni-channel jewellery retailer. CaratLane, a subsidiary of Titan Company, was founded in 2008 by Mithun Sacheti and Srinivasa Gopalan.

Tokenized asset firm Securitize continues expanding investor access to private market alternative assets with the acquisition of the cryptocurrency fund manager Onramp Invest, which manages more than $40 billion in assets.

asset management firm GQG Partners has bought shares of JSW Energy worth more than ₹982 crore through the open market this week, data on the bourses showed. On Wednesday, GQG bought 1.6 crore shares or 1.01% stake in the company at ₹341.7 on the BSE, for around ₹571 crore.

(Reuters) — OpenAI said on Wednesday it had acquired digital products company Global Illumination, in what comes as the first known acquisition by the storied artificial intelligence firm.

OpenAI said on Wednesday it had acquired digital products company Global Illumination, in what comes as the first known acquisition by the storied artificial intelligence firm. Financial details of the deal were not disclosed.

Sydney robo-adviser Stockspot, founded by ex-UBS portfolio manager Chris Brycki a decade ago, has sold a sizeable stake in the business to Japan’s Mirae Asset Global Investments, best known in Australia for being an early investor in exchange-traded fund powerhouse Betashares.

In total, MSCI has invested an aggregate of $913m to acquire Burgiss.

Solitaire Group, through one of its subsidiaries Honest Vastunirman, has acquired an over 20-acre land parcel in Mumbai’s Andheri suburb from Arogya Bharti Health Parks and Arogya Bharati Hospitals for nearly Rs 550 crore. The total consideration includes 140 residential tenements with carpet area of nearly 38,000 sq ft to be constructed by the developer and to be handed over to the seller within six years of the conveyance deed. As part of the total consideration, Honest Vastunirman has paid Rs 230 crore each to Arogya Bharati Hospitals and Arogya Bharti Health Parks.

Logistics provider Xpressbees, on Monday announced its acquisition of transportation and delivery company TrackOn. With this acquisition, Xpressbees aims to target the small and medium enterprise sector through TrackOn’s franchisee network.

G20 Summit, the Delhi Police is acquiring Russian Dragunov sniper rifles, a move aimed at boosting security measures, said undisclosed sources in an interview with TOI. Skilled marksmen armed with these rifles will be strategically positioned atop high-end hotels in central Delhi, Aerocity, and other crucial spots across the city. Although senior officers have chosen to keep mum on the matter, reliable police insiders suggest that instead of purchasing these rifles outright, the police force might secure them on loan from either the army or paramilitary units.

Malhotra Group PLC, UK- based company, which has business interests in property, care home and leisure across UK, has acquired a stuck project in Punjab’s Ludhiana for around Rs 150 crore. The 300-acre project by Emerald Lands (India) Private Limited was under insolvency process and the National Company Law Tribunal (NCLT) has approved the resolution plan of Malhotra Group PLC after committee of creditors voted in their favour. The company will invest close to Rs 1,200-1,500 crore through FDI in developing the township which include a hotel, health farm, school, golf course and villas and apartments.