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Peak XV Partners and ChrysCapital sold shares worth Rs 606 crore in coworking space company Awfis on Wednesday through block deals. Together, the investors sold 8.5 million shares at Rs 709.90 apiece. This was a nearly 9% discount from Awfis’ closing share price of Rs 778.65 on Wednesday. While Peak XV Partners, which is tagged as a promoter of the New Delhi-based company, sold a 7.6% stake in the company, private equity firm ChrysCapital divested 4.5% stake.

Narendra Modi and President Xi Jinping in Russia in October «signified a new beginning» of India-China relations, a senior minister of the ruling CPC has said. Liu Jianchao, Minister of the International Department of the Chinese Communist Party of China (CPC) was referring to the Modi-Jinping meeting at Kazan in Russia on the sidelines of the BRICS summit in Russia while speaking with the Indian envoy to China, Pradeep Kumar Rawat, on Tuesday, official media said on Wednesday. The restarting of China-India relations meets the fundamental interests of the 2.8 billion people of the two countries, corresponds to the common expectations of the Global South and is also in line with the correct direction of history, he said.

Megan Fox breaks up with Machine Gun Kelly after a devastating revelation. After learning that Machine Gun Kelly was speaking to other women behind her back, Megan Fox breaks up with him, as quoted in a report by Page Six. She became suspicious and decided to go through his phone when they went away for the Thanksgiving holiday. The 38-year-old Transformers star decided she was done with MGK, whose real name is Colson Baker, after discovering text messages involving other women. Due to previous behaviour, the actress from Jennifer's Body always had trust issues with the 34-year-old rapper and singer-songwriter. Over the past few years, they have also experienced ups and downs, but she was prepared to put that behind them.

High on popularity charts is winter travel to European destinations with Thomas Cook and SOTC seeing a 50-60% increase in business for winter tours this year. “Consumers are displaying a keen appetite for ice and outdoor snow experiences including skiing, snowshoe trekking, crab fishing safaris, snowboarding and snowmobiling across Europe’s Alpine regions of Switzerland, France, Austria and Germany,” said Rajeev Kale, president and country head for holidays, MICE and Visa, Thomas Cook (India).

The Chief of Army Staff of Nepal also met Chief of the Defence Staff General Anil Chauhan, National Security Advisor Ajit Doval, Defence Secretary Rajesh Kumar Singh and Foreign Secretary Vikram Misri. The meetings sought to further strengthen the ties between the two countries, the ministry said in a statement on Wednesday.

Atul Subhash's death broke, new details from his wife, Nikita's complaint against her in-laws have come to light. Nikita had filed a complaint in Jaunpur, Uttar Pradesh, alleging harassment and assault for dowry. The complaint accused Atul, his parents, and brothers-in-law of demanding additional dowry and subjecting Nikita to physical and mental abuse.

Ministry of Corporate Affairs (MCA) has introduced e-adjudication and e-consultation platforms to streamline legal proceedings and foster a more business-friendly regulatory environment, a senior official said on Wednesday. Addressing the ASSOCHAM-ACCA Global Summit on Responsible Corporate Governance and Sustainability Reporting, Anita Shah Akella, CEO of the Investor Education and Protection Fund Authority (IEPFA) and Joint Secretary at MCA, highlighted the government's commitment to balancing corporate integrity with economic dynamism. The introduction of e-adjudication and e-consultation platforms aims to simplify legal procedures, improve stakeholders' experience, and bolster India's ranking in the ease of doing business.

Billionaire Elon Musk’s close proximity to President Trump was the first indication of the President-elect’s willingness to further a neo-tech agenda. Musk has been given the responsibility, along with Vivek Ramaswamy, to head the the Department of Government Efficiency (DOGE), which will work towards cutting wasteful government spending and reducing budget deficits. Musk, the founder of new-gen technology firms like SpaceX, Neuralink and Starlink, is touted to be the 'world’s second most powerful person' after Trump takes office in January, according to an Axios report. Also Read: Real shame? After being pelted with mud in flood-hit Valencia, Spain's King Felipe and Queen Letizia cause political scandal for not showing up at Notre Dame reopening ceremony

Google on Wednesday announced the launch of Gemini 2.0, its most advanced artificial intelligence model to date, as the world's tech giants race to take the lead in the fast-developing technology. CEO Sundar Pichai said the new model would be marking what the company calls «a new agentic era» in AI development, with AI models designed to understand and make decisions about the world around you. «Gemini 2.0 is about making information much more useful,» Pichai said in the announcement, emphasizing the model's enhanced ability to understand context, think multiple steps ahead, and take supervised actions on behalf of users.

coal scam case related to allocation of two coal blocs in Odisha. Besides Gupta, special judge Sanjay Bansal acquitted Navabharat Power Pvt. Ltd., its then chairman P Trivikrama Prasad and then managing director Y Harish Chandra Prasad, and former joint secretary in coal ministry K S Kropha, and K C Samaria, former director in coal allocation section of the ministry. The judge held the CBI had failed to prove beyond any reasonable doubt that any «misrepresentation» was made by the accused. The judge further said no case of cheating was made out as no one was induced.

FMCG sector needs to reignite volume expansion and embrace strategic innovation to maintain growth, Pidilite Managing Director Bharat Puri said on Wednesday amid the FMCG companies reportedly facing subdued growth during October and November hit by the slowdown in urban demand. «To maintain growth, the FMCG sector must focus on reigniting volume growth and embracing strategic innovation. Companies have shown that market outperformance is possible through product and distribution innovation,» said Puri at a Summit on the FMCG sector hosted by the CII here. Noting that modern trade and quick-commerce channels are thriving, offering new growth avenues, he said insurgent brands are capturing significant growth by winning the hearts of underserved customers. «To stay competitive, companies must innovate, invest in digital capabilities, and adopt entrepreneurial operating models, while maintaining robust data strategies for personalized engagement,» Puri, who is also the chairman of the CII, FMCG National Committee, added.

fertility rates are dropping to major lows, possibly due to the current structure of work culture in Japan.

Telecom operators have deployed technology to block all pesky messages with immediate effect, industry body COAI said on Wednesday. The Telecom Regulatory Authority of India (TRAI) had set deadline of December 11 for telecom service provider to trace and block all messages that do no comply with its rule to stop pesky messages. «In line with the directive issued by the Telecom Regulatory Authority of India (TRAI) on August 20, 2024, all commercial messages sent by Principle Entities (PEs) must now be fully traceable. »Effective December 11, 2024, messages that do not have a defined or matching telemarketer (TM) chain will be blocked, reinforcing a significant step towards safer and more transparent communication channels," COAI, Director General, SP Kochhar said in a statement.

Donald Trump Jr. was pretty recently spotted holding hands with socialite Bettina Anderson during a birthday celebration for Bettina Anderson in Palm Beach located in Florida, reported US Weekly. According to US Weekly, the couple was eventually seen leaving the restaurant named Buccan while Donald Trump Jr. was dressed in a suit and Bettina Anderson was seen in a stylish outfit featuring a black vest and flowy trousers. This recent public display of affection has fueled several speculations about the status of engagement of Donald Trump Jr. to Kimberly Guilfoyle which has reportedly been rocky during recent times. Donald Trump Jr. and Kimberly Guilfoyle who eventually got engaged in the month of December in the year 2020 have been facing some serious challenges in their relationship while eminent sources are indicating that they have spent a considerable amount of time being apart, asserted US Weekly. Kimberly Guilfoyle was also recently nominated by US President- elect Donald Trump to serve as the US Ambassador to Greece which was a move that coincided with the rising rumors about Donald Trump Jr.'s new romance.

Angelina Jolie and Brad Pitt offered a whopping amount to reunite on screen. They are still going through the most well-publicised and acrimonious divorce in Hollywood history. However, one overly optimistic producer claims that Brad Pitt, 60, and Angelina Jolie, 49, are now being offered a blank cheque if they can successfully put their love of acting aside their differences and co-star in a film, as quoted in a report by Page Six. Danny Rossner says he is serious about his offer and has raised about $60 million from his backers, which he hopes will be enough to persuade enemies Brad and Angelina to put their differences aside.

Indian cinema, Prime Minister Narendra Modi has said while suggesting that his family should take the legacy of showman forward by making a documentary on his international «soft power». Modi met Raj Kapoor's grandchildren and other members of the family, including daughter Reema Jain and daughter-in-law Neetu Kapoor, on Tuesday evening ahead of the filmmaker's 100th birth anniversary on December 14. «Raj Kapoor's 100th birthday is an important milestone of India cinema's golden journey. It began with 1947's 'Neel Kamal' and we are on course to 2047. It is such a contribution to the country when we look back at this journey of 100 years,» PM Modi said. «In the diplomatic world, we talk a lot about soft power. And at a time when this phrase didn't even exist, Raj Kapoor sahab established India's soft power all over the world. It was his big service to India,» he added.

GMR Group which manages the Rajiv Gandhi International Airport here may consider adding another terminal and second runway once the passenger traffic hits 45 million annually, a senior official of the airport infra major said on Wednesday. SGK Kishore, Executive Director and Chief Innovation Officer of GMR Airports, at a press conference exuded confidence that the passenger traffic would hit 45 million (annually) by 2030 from the existing 30 million and said the ultimate of the airport would be 100 million passengers. «We are expecting 45 million (per annum) by 2030. It is only an estimate and anything can happen. Based on the projections and based on what we have seen, we have to be proactive. We have started the planning (for the capacity expansion),» he said. The GMR Hyderabad International Airport Ltd has already created the necessary infrastructure in a phased manner to handle 34 million passengers. The aerodrome was built in 2008 with a capacity of 12 million. Currently, the airport has one integrated terminal.

Nvidia and Apple are undoubtedly leaders in this tech-based stock category, but there are three other stocks that have the potential of giving some magnanimous amount of returns to US investors in the coming years, all factors considered, suggests a Motley Fool report. Also Read :Will Beyonce stick around with rape accused husband Jay-Z; this is what a close source has said

Delhi Police has arrested three people who secured a loan of Rs 75 lakh by mortgage a property by preparing forged documents, officials said on Wednesday. The police arrested Pankaj Sachdeva alias Roshan Manchanda (61), who had fabricated property documents and identification credentials to secure the loan. The arrest also exposed the involvement of two accomplices, Suhail Chauhan and Nitin Verma, who worked as freelance loan agents. According to the police, the case was registered in 2019 on the complaint of Harminder Kaur Anand, a Bengaluru-based resident, who alleged that the property she purchased in 2011 at Rana Pratap Bagh in northwest Delhi had been fraudulently mortgaged to a private bank for a loan of Rs 75 lakh. «The woman was shocked to learn about the fraud during a visit to the property in 2018 when neighbours reported suspicious activities and her son-in-law discovered a loan notice pasted on the property,» Deputy Commissioner of Police (northwest) Abhishek Dhania said.

inverted duty structure for certain products in sectors like aluminium in the forthcoming Budget to boost domestic manufacturing, an official said. Inverted duty structure refers to taxation of inputs at higher rates than finished products that result in the build-up of credits and cascading costs. The industry has shared a list of products. An industry official said they want a cut in import duty of raw material for the aluminium sector.