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₹900 crore) in 2018, currently owns 43.4% stake in the company. Both TPG and its current promoter Krishna Kanumuri may sell stakes as part of the transaction. The first round of bids came in November, and the three funds are in further discussions.

Sagard, an alternative asset management firm controlled by Quebec’s Desmarais family, is acquiring a strategic stake in Connecticut-based Performance Equity Management, boosting Sagard’s assets under management to more than $25 billion from around $15 billion.

Epic Games' has been releasing new modes, including the upcoming car racing mode. The successful Big Bang event over the weekend gave us a sneak peek at the three upcoming game modes that Epic Games will soon add this week. There's the Lego Fortnite mode, Fortnite Festival and Rocket Racing, developed by Rocket League's Psyonix.

₹273.5 trillion as on June this year, 68.3% is in large-cap stocks (top 100 stocks), 16.6% is in mid-cap stocks (101 to 250 stocks) and 15.1% is in small cap stocks (beyond 250). Another issue is that all m-cap approach portfolios, including large-, mid-, and small-cap, are correlated, offering lesser diversification to investors within the equity portfolio.

China’s investment-grade credit offers value and will outperform US peers in 2024 thanks to favorable technicals and higher carry, according to Citigroup Global Markets Inc.

It’s been said the younger you are, the more knowledgeable you are. From tech-savvy hacks to gym routines and now — life savings?

Next week, the GBP/USD faces a major test with key data releases and interest rate decisions from the Federal Reserve and Bank of England.

Carson Group chief market strategist Ryan Detrick discusses whether the stock market will see good returns in an election year on Making Money.

Hindalco Industries, an aluminium manufacturer, has decided to back the new greenhouse gas (GHG) initiative of the International Aluminium Institute (IAI) and urged others to join it. The initiative was launched at the United Nations' Climate Change Conference (COP28), with 13 signatories committing to transparently and publicly tracking GHG reductions of all its member companies.

Most of Wall Street thinks inflation has been conquered. There is a lot at stake if they are wrong. Encouraging inflation data recently propelled a big rally across markets, with a traditional portfolio of stocks and bonds last month delivering one of its best returns of the past 30 years.

Nimesh Chandan, CIO, Bajaj Finserv Asset Management, believes the government will continue its path to incentivise manufacturing and infrastructure in the upcoming Budget. He added that a lot of clarity has emerged around election outcomes from the recent state election results. This reduces the risk of steep volatility in the markets due to political slugfest as we approach the General Elections.

Investing.com — The dollar dipped in European trade on Thursday, as markets remained on edge before key U.S. labor data, while the yen appreciated as Bank of Japan Governor Kazuo Ueda offered more cues on a potential pivot away from the central bank’s ultra-dovish stance. 

By Amruta Khandekar and Shristi Achar A

By Khushi Singh and Ankika Biswas

Elon Musk’s SpaceX has initiated discussions about selling insider shares at a price that values the closely held company at $175 billion or more, according to people familiar with the matter.

Hindustan Aeronautics (HAL) have rallied nearly 30% remaining unbeaten in nine trading sessions and making fresh 52-week highs on a daily basis. The stock price is expected to move up to 10% albeit with minor hiccups as the recent rally has taken the stock into a strongly overbought zone, experts say.

Axis Mutual Fund has announced withdrawal of the NFO of Axis US Treasury Dynamic Bond ETF Fund of Fund. The new fund offer or NFO of the scheme was scheduled to open for subscription on December 5 and close on December 11. Axis US Treasury Dynamic Bond ETF FoF, an open-ended fund of fund investing in ETFs wherein the underlying investments comprise of US treasury securities across duration.

₹2499 or a weekend pass for ₹2999 by visiting the official website of IBW. This motorcycling festival is organized by Seventy EMG in collaboration with Gulf Syntrac. The motorcycling festival features six diverse tracks, including three race tracks sponsored by CEAT.

Sam Bahadur’ has made quite an impact both at the box-office as well as on the audience, despite facing stiff competition from the Goliath, the Ranbir Kapoor-starrer ‘Animal’. On December 7, Harsh Mariwala, the founder and Chairman of Marico, took to X (formerly Twitter) and heaped praises on the Vicky Kaushal-starrer. The business tycoon gushed about Kaushal’s tour-de-force performance as Sam Manekshaw, India’s first Field Marshal, and called it “nothing short of spectacular.” He also lauded director Meghna Gulzar for celebrating the contributions and life of a “strategic genius”, who till recently was often ignored by the annals of Indian history. “The film brilliantly captures key historical events involving Bangladesh, Pakistan, and China, offering a window into important chapters of the past. Vicky Kaushal's portrayal of Sam Manekshaw is nothing short of spectacular, bringing to life the charisma and courage of this celebrated military leader. Meghna Gulzar and her team have done a commendable job in highlighting the contributions of a strategic genius whose story, despite its significance, might have remained largely uncelebrated,” reads his tweet.

When she applied for a job at a creative agency that worked with the snack maker Mondelez, Kyra James wanted to throw in something sweet. A big fan of the company’s Sour Patch Kids, James mocked up a screenshot of a video call with some of the tart, sugar-encrusted gummies. The colorful waifs waved back at her.

Also Read | Telangana Assembly Election Results 2023: A Revanth Reddy to be CM? A look at his journey so far 3 - Later, he became a Telugu Desam Party (TDS) member. In 2009 and 2014, he served as a Member of the Legislative Assembly (MLA) in the Andhra Pradesh Assembly. In 2014 he was elected to the Telangana Assembly, representing the Kodangal Constituency.