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ADIA, Stonepeak, DigitalBridge, KKR and Permira are among those tapped to acquire US buyout group Carlyle’s 24.04% stake in Bharti Airtel’s data centre arm, Nxtra Data Ltd (NDL), people aware of the matter said. The Carlyle Group, among the world’s largest investment firms, is looking to sell the stake for Rs 7,000-7,500 crore, valuing Airtel’s data centre unit at Rs 24,000-29,000 crore ($3-3.5 billion, inclusive of debt), the people cited said. Bharti Airtel owns 75.96% of Nxtra Data, a leading player in India’s data centre industry. Airtel has first right of refusal on the stake but is reckoned to have waived it, said the people cited.

Canadians might have to pay more for chocolate and candies this Easter as manufacturers feel the crunch of high cocoa prices, which peaked earlier this month.

On Wednesday, it was reported by the Wall Street Journal that Reddit, a social media platform, is planning to sell a portion of its IPO shares to its users.

(Reuters) -Social media platform Reddit plans to sell a chunk of its IPO shares to its platform's users, the Wall Street Journal reported on Wednesday.

₹6 trillion. Data from DSP Mutual Fund shows the six-month average volume of a large liquid stock like Reliance Industries Ltd (RIL) is ₹1,948 crore vs ₹78 crore volume of Nippon India ETF Nifty 50 BeEs, one of the most liquid equity ETFs in India (4% of RIL). The six-month average volume of Apple is nearly 26.15% of the SPDR S&P500 ETF. What are your suggestions to tackle the liquidity problem in ETFs? On the NYSE, 5 out of the top 10 traded securities are ETFs.

Indian Energy Exchange (IEX), Hindustan Power Exchange (HPX) and Power Exchange India Ltd (PXIL)— the CERC stressed the need for a comprehensive review of operations at the exchanges in order to ascertain compliance with the provisions of the Power Market Regulations (PMR) 2021. “The commission directs its staff to arrange to conduct an audit of the processes as well as software of the three power exchanges in terms of the relevant provisions of PMR 2021.

Nvidia's (NASDAQ:NVDA) earnings report on Wednesday afternoon is set to pose a critical test for the AI-led market rally.

Investing.com — U.S. natural gas prices have plunged to their lowest levels in almost four years as lower demand, on the back of warmer conditions, has coincided with surging production. But the worst may now be over.

By Jamie McGeever

Investing.com — Nvidia (NASDAQ:NVDA) will unveil one of the most hotly-anticipated earnings releases in recent memory after the U.S. market close on Wednesday, with analysts hoping that the artificial intelligence chipmaking giant posts a more than three-fold jump in revenue.

The NSE Nifty50 fell 0.64% to 22,055, while the S&P BSE Sensex settled 0.59% lower at 72,623.09. The Nifty50 had gained as much as 0.24% in the first hour of the trade to hit a record high for the third session in a row, before reversing gains in the final hours.

Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news.

The Hong Kong government aims to submit licensing bills for stablecoin and over-the-counter (OTC) crypto trading frameworks in order to regulate the crypto industry and enhance investor protection.

PTI reported that the constable was eventually suspended from duty and arrested. The way employees of state-owned banks agitate against the management is changing. Organized labour unions with clear political affiliations have been the face of activism for long.

Red Sea crisis has led to a sustained disruption in trade routes. This delays timely delivery of goods due to attacks by Houthi rebels in Yemen on cargo ships plying waters connecting Asia with Europe and the United States (US). As a result, traffic is being forced away from the Suez Canal and redirected around the tip of Africa, the market intelligence and analytics arm of CRISIL said in a research note. These developments hold the potential to significantly impact players within the capital goods and fertiliser sectors. Commenting on the Capital goods sector, CRISIL said, “The ripple effect of such disruptions extends to various facets of the industry, potentially leading to an undesirable inventory build-up. This accumulation can, in turn, exert pressure on the operational efficiency of engineering, procurement and construction companies.”

The index hit a fresh record high of 22,249 in intraday trade while the S&P BSE Sensex fell over 400 points.

Nifty on Wednesday ended 142 points weaker to form a Bearish Engulfing pattern on the daily chart, indicating a potential pause in the ongoing rally. The bullish chart pattern like higher tops and bottoms continued as the per daily timeframe chart and Wednesday's swing high of 22,249 could now be considered as a new higher top of the sequence. Hence, short-term weakness could be expected and the next lower supports to be watched at 21,850-21,750 levels, said Nagaraj Shetti of HDFC Securities.

₹6,725 per share. The session concluded with the stock settling at ₹6,474 per share. This surge marks a cumulative return of 24% over the past seven days.

Leo and Jailer, were made available on OTT platforms within four weeks, a practice resisted by major multiplex chains for certain films. Theatre owners argue that shortening the window to four weeks discourages audiences from watching films in cinemas.

exchange-traded funds (ETFs) changing hands on the National Stock Exchange (NSE) surpassed ₹1 trillion in the first nine months of 2023-24, and for the second year in a row, reported Business Standard. The traded value has touched ₹1.19 trillion so far in fiscal 24, which is already double the pre-pandemic volumes, as per the Nifty Passive Insights report. The data for December has been released with a lag.

₹25.56 apiece on the BSE. Around 40 crore equity shares of Yes Bank were traded on Wednesday as against its one-week average volumes of 43 crore. Yes Bank share price hit a 52-week high of ₹32.81 apiece February 09, 2024.