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
Incorporated in September 2025, Reliance Intelligence is a wholly owned unit of Reliance Industries (RIL) It houses RIL’s AI partnerships with global technology firms such as Google and Meta It’s also executing its data centre plans. The group is building a gigawatt-scale AI-ready data centre in Jamnagar, Gujarat. The Company is now getting operationalized. It … 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
Ola has commenced same-day registration and delivery of its 4680 Bharat Cell powered vehicles in Bangalore. Customers can now complete their purchase online or at an Ola Electric Store and ride home on their fully registered vehicles on the same day (Hyperdelivery). Ola’s same-day delivery likely runs via dealer-point registration on VAHAN 4.0 (India’s centralized … Read more