Rs 58,000 crore selloff by promoters, PE funds hits stock market. Why are they cashing out now?

In August, both promoters and private equity funds collectively divested shares valued at nearly ₹58,000 crore, marking a notable selloff as the stock market endeavored to rebound from recent downturns. The numbers revealed that private equity exits skyrocketed five times compared to previous months, achieving peak levels not seen since 2026. This influx of shares…

Galápagos snapdragon rebounds from 6 to 28 wild plants after conservation planting

After three decades of dedicated conservation efforts, the Galápagos snapdragon, a critically endangered species, is showing promising signs of recovery. With only six wild plants left in existence, conservationists successfully nurtured them in nurseries, eventually transplanting ninety-four young shrubs into the harsh volcanic terrain of Isabela Island. The emergence of natural seedlings in their habitat…

Satya Nadella says Microsoft Cloud tops $100 billion revenue; analysts ‘unhappy’

Recently, Microsoft announced that its Azure cloud revenue has exceeded one hundred billion dollars. Despite this impressive milestone, the tech giant continues to withhold crucial financial details from its investors. This opacity raises questions about the genuine profitability and capital intensity of Azure. In contrast, competitors like Amazon offer more detailed segment-level financial reports, leading…