Its key shareholders are four public sector undertakings – NTPC, Power Grid Corporation of India, PFC and NHPC – all of which are promoters of the company. They want to relinquish that role to ringfence the companies from any fallout…
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PepsiCo has recently entered negotiations for a minority stake in Haldiram Snacks Food, competing with contenders Temasek and Alpha Wave Global. The Aggarwal family, seeking their first external investment, expects a valuation of Rs 85,000-90,000 cr. PepsiCo aims to leverage…
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The Indian rupee reached an all-time low of 86.63 against the US dollar due to a stronger dollar and various global factors. Despite RBI interventions, analysts predict a continued fall possibly past 90 per dollar, driven by US economic policies,…
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Following a relaxation of visa restrictions by the Indian government, Chinese auto industry executives will be allowed to participate in India’s largest motor show for the first time in nearly five years, signaling a de-escalation in geopolitical tensions between New…
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The company aims for 10% “non-regrettable” attrition, with 5% already achieved in 2024. Employees exiting will receive generous severance, said Mark Zuckerberg in the memo sent to his employees. The company will accelerate performance-based cuts during the current cycle, the…
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Venture funds are sitting on ample dry powder and will accelerate deal-making in early-stage startups. Funds like Accel, 3One4 Capital, Peak XV Partner, Lightspeed Venture Partners and others are on the hunt for new deals across sectors and themes.
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