Sector: Brands
Apple Event 2023 | iPhone 15 & 15 Pro series with USB-C ports to Watch 9 & Ultra 2: Key highlights – The Economic Times Video
Apple ‘Wonderlust’ event saw the unveiling of the iPhone 15 series, Watch Series 9 and Apple Watch Ultra 2. While the Watch Series 9 comes with a faster S9 chip, the iPhone 15 Pro comes with Titanium construction, an upgraded A17 Pro chip and USB-C charging port! Here are the majopr announcements from Apple’s flagship … Read more
Reliance AGM today: What to expect
The 46th Annual General Meeting (AGM) of Reliance Industries Limited (RIL) is being held on Monday. The RIL AGM is a major event for the Indian business community. The announcements made at the meeting could have a significant impact on the Indian economy. Investors are therefore eagerly awaiting the meeting to hear what Mukesh Ambani … Read more
Reliance Retail raises money from QIA at double the valuation in 3 yrs
Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries (RIL) has announced raising Rs 8,278 cr from Qatar Investment Authority (QIA). Investment is raised at a pre-money equity valuation of Rs 8.278 lakh crore QIA will get 0.99% stake in RRVL on a fully diluted basis This fund raise effectively doubles RRVL’s valuation in … Read more
Titan increases ownership in Caratlane
Titan has decided to buyout balance 27.18% stake from the promoter of Caratlane, Mithun Sacheti. This will increase Titan’s stake in Caratlane from 71.09%Â to 98.28%. Titan had bought 62% stake in Caratlane seven years ago (2017) from US-based hedge fund and venture capital investor Tiger Global for about Rs 357 crore. The transaction then … Read more