How Donald Trump may have helped Google in its biggest acquisition ever of Wiz for $32 billion

\Google’s massive $32 billion acquisition of cybersecurity firm Wiz gained significant momentum after Donald Trump’s presidential inauguration in January, with executives from both companies accelerating negotiations amid expectations of a more favorable regulatory environment under the new administration. According to Reuters reporting, Google not only sweetened its original $23 billion offer from July to $32 … Read more

Promoter infusing more funds into SpiceJet

Fund infusion is against the balance amounts payable for conversion of 13.14 cr warrants issued in December 2023. Warrants were issued @ Rs 50/ share. Current market price is Rs 46/ share. 75% of the warrant price would be balance payable as per regulatory requirement i.e., ~ Rs 493 cr Ajay Singh, through M/s Spice … Read more

China welcomes Modi’s positive remarks on ties

India and China should be partners contributing to each other’s success and a cooperative “pas de deux” between the dragon and the elephant is the only right choice for the two countries, Beijing said while welcoming PM Modi’s “positive” remarks in a podcast in which he had endorsed signs of a rapprochement in ties since … Read more

Airtel and Jio sign deal with Starlink

In surprise announcements, Airtel first, followed by Jio have signed deals with Elon Musk’s Starlink for high speed internet in India. Starlink’s low orbit satellite based technology provides direct internet access from space, bypassing the need for extensive ground infrastructure. It can provide speeds of up to 220 Mbps, making it a viable solution for … Read more

PB Fintech promoting a new healthcare entity

The company has announced infusing Rs 696 crore into a newly incorporated entity PB Healthcare Services Private Limited (PBHSPL). Along with the Company, promoters and other key managerial personnel will also be putting in money. The proposed investment is expected to be made in FY 25-26 and will be in the nature of equity or … Read more