Category: Business News

Bain Capital is leading talks to acquire a controlling stake in Cello World from its promoters in a deal valued at over ₹3,000 crore, as private equity interest in India’s consumerware sector gathers pace.

Gulf of Hormuz underwater army: Nearly fifteen hundred ships stuck in the Persian Gulf after fighting closed the Strait of Hormuz. These idle vessels are now becoming breeding grounds for marine invasive species, whose build-up of organisms on ship hulls increases fuel consumption significantly. Scientists urge stricter rules to prevent a major bioinvasion event.

Advertising in India is transforming as brands allocate budgets to quick commerce platforms. Retail media is rising, capturing consumer attention during shopping, while traditional media like print remain resilient amid economic uncertainties.

Banking stocks fell ahead of the RBI’s monetary policy announcement amid inflation worries and geopolitical tensions. Investors expect the RBI to maintain the current interest rates but are cautious about the central bank’s future stance on inflation.

DII ownership in the Nifty 500 touched an all-time high of 21% in June, with investors raising exposure in 14 of 24 sectors, trimming it in six, and leaving four unchanged.

With a leadership team that has stayed together for over two decades and an attrition rate well below industry benchmarks, Nippon Life India Asset Management’s MD and CEO Sundeep Sikka and CHRO Mohit Shetty reflect on what it really takes to build a workplace where people choose to stay.

Humans cyclops connection: Scientists claim our eyes and even a hormone-regulating gland in our brain trace back to a bizarre, one-eyed sea creature that lived 600 million years ago.

Fly91, which currently operates six ATR 72-600s aircraft from bases in Goa and Hyderabad, plans to add four more operating bases as it scales up operations over the next five years.

Technocraft Ventures IPO is a fresh issue of 95,05,000 shares to raise ₹201.51 crore, and an OFS of 23,76,000 shares, aggregating to ₹50.37 crore. The IPO will open for public subscription on Friday, 7 August, and will remain open until Tuesday, 11 August.

Oak Ridge, Tennessee, was a secret city of 75,000 people during World War II. This hidden community was established for the Manhattan Project’s atomic bomb development. Residents worked on crucial tasks without knowing the overall purpose of their efforts. The city remained invisible to the public until the atomic bombs were deployed. Today, Oak Ridge…