The Axis Bank underwent a series of block deals, transacting a 0.6 percent stake that unleashed the exchange of 2.25 crore shares, valued at a staggering Rs 2,178 crore.

Although Walmart does not provide particular sales data for PhonePe and Flipkart, company leaders have recently emphasized the importance of these two businesses.

According to persons familiar with the current negotiations, Vodafone Idea Ltd (Vi) intends to inject total equity of 14,000 crores shortly as part of its business rehabilitation strategy. Existing promoters Aditya Birla Group (ABG) and Vodafone Group Plc from the United Kingdom would contribute half of the total sum, they claimed.

The company said in a statement that the London office, which will open later this year, will engage with institutions in the UK and assist the development of blockchain technology and entrepreneurs. It will be overseen by one of the firm’s general partners, Sriram Krishnan.

Swedish furniture giant IKEA is set to make India its priority market as it invites its investment arm, Ingka Investments, to establish a presence in the country. This move demonstrates IKEA’s commitment to expanding its operations in India and aligns with Ingka’s plans to finalize the second phase of expansion in the country this year.

Technology is a thriving space where creativity bonds with innovation. We have come so far when it comes to uplifting our lives with the help of technology. From running errands

The bounce in technology companies helped U.S. markets close higher on Thursday, recovering some of their previous momentum. Volatility also decreased to record lows ahead of a busy economic and policy schedule the following week.

A new post-pandemic record low was reached for the CBOE Volatility index, also referred to as Wall Street’s fear barometer.

Lionel Messi has chosen to join Inter Miami in Major League Soccer, turning down a lucrative $400 million deal from Saudi Arabia. The move strengthens partnerships with Apple and Adidas while dealing a blow to Saudi Arabia’s sports ambitions. Miami prepares to host the World Cup as Messi ventures outside Europe for the first time.

GRM Overseas, a renowned exporter of basmati rice from India, is preparing to establish itself as a consumer staple firm in the home market. 

According to government sources, oil marketing companies (OMCs) are expected to reduce prices of petrol and diesel. The companies have shown positive quarterly results and have almost recovered their losses, indicating a return to normalcy.

The expectation for lower fuel prices stems from the fact that OMCs no longer face under-recoveries in petrol and diesel. Additionally, an oil production cut by one of the members of the Organization of the Petroleum Exporting Countries (OPEC) is believed to have minimal impact due to emerging alternative markets.

Zen Technologies surges 10% after winning an order worth Rs 202 crore from Defence Ministry

European manufacturer, Thyssenkrupp AG’s marine arm and Mazagon Dock Shipbuilders Ltd. will jointly build submarines for the Indian navy, signaling India’s efforts to diversify its military equipment sources. The collaboration aims to reduce reliance on Russia and counter China’s assertiveness. Germany supports this move to bolster its strategic partnership with India and supply modern military gear.