Japanese investment bank Mizuho Securities on Wednesday (December 17, 2025) said it is acquiring over 60% stake in Avendus Capital from U.S.-based investment firm KKR. Mizuho Securities, an arm of Mizuho Financial Group, aims to further strengthen its business foundation in India’s rapidly developing and maturing capital markets. In a statement, Mizuho Securities said it … Read more
Nvidia has not been an overnight success. And Jensen Huang knew that from the very beginning. An old video of the Nvidia CEO from 2003 has surfaced on the social media, where Jensen Huang is heard saying that he did not want to change the world “overnight”. “I don’t need to change the world overnight,” … Read more
India’s consumer goods and auto majors are stepping up fresh investments in manufacturing over the next two years, betting on sustained demand growth as the impact of the goods and services tax (GST) reforms begins to show and commodity prices remain under control. FMCG firms such as Nestle, Godrej Consumer Products, Reliance Consumer Products, JHS … Read more
Amazon and OpenAI are in talks about a potential investment in the artificial intelligence company that could reach billions, CNBC and Reuters reported quoting people in the know about the matter. According to the reports by the two outlets, Amazon’s investment in OpenAI could exceed around $10 billion along with an agreement to use its … Read more
The Reserve Bank of India (RBI) has accorded its approval to HDFC Bank Ltd Bank (being promoter / sponsor of its group entities HDFC Mutual Fund, HDFC Life Insurance Company Ltd, HDFC ERGO General Insurance Company Ltd, HDFC Pension Fund Management Ltd and HDFC Securities Ltd) to acquire “aggregate holding” of up to 9.50% of … Read more
Wheels India on Monday (December 15, 2025) said it has signed a technical assistance agreement with Japan’s Topy Industries for design, development and manufacture of aluminium alloy wheels. Topy will provide technical knowhow and engineering support to enhance Wheels India’s design and manufacturing capabilities for cast aluminium wheel business under the agreement, the company said … Read more
Snabbit, an on-demand home services provider, is in talks to raise $100 million-120 million from new and existing investors at a likely valuation of $500 million-550 million, three people with knowledge of the development said. “The company has begun talks to raise a new funding round. Investors feel this is a new consumer category that … Read more
SpaceX could be a feast for investors in 2026. Friday, Bloomberg reported that SpaceX had set a secondary share sale, which valued the startup at about $800 billion, citing a company memo. The price in the secondary offering was $421 a share, the report said, up from a July price of about $212 from a … Read more
The Securities and Exchange Board of India (Sebi) has dismissed insider-trading allegations against Pranav Adani and six others, closing a long-running investigation into trades executed ahead of Adani Green Energy Ltd’s (AGEL) announcement of its $3.5 billion acquisition of SB Energy in May 2021. In two separate orders, released on Friday, the regulator concluded that … Read more