Business Plan Investor
- All
- News
- Videos
-
Sensex Slides Over 700 Points As Trump Plans To Double Steel Tariffs
Indian equities tumbled in early trade as renewed tariff threats from US President Donald Trump dampened investor sentiments. Sensex fell over 700 points while Nifty lost 200 points, marking a steep fall during the earnings season.
-
Top ITC Investor British American Tobacco Planning To Reduce Its Stake
British American Tobacco said on Tuesday it is considering further reducing its stake in Indian consumer goods company ITC in a potential on-market sale.
-
Microsoft Is Key Holdout for OpenAI Restructuring Plan
OpenAI has walked back part of its effort to create a more conventional for-profit company. Microsoft, which has invested $13.75 billion (roughly Rs. 1,15,878 crore) in the startup, remains the biggest holdout among investors as the ChatGPT maker tries to restructure, according to several people familiar with the matter.
-
"We Are Largest Private Investor In Bihar": Pranav Adani At 'Bihar Business Connect 2024'
Pranav Adani, the Managing Director of agro, oil and gas and Director of Adani Enterprises on Friday unveiled a massive Rs 27,900 crore investment plan for Bihar, with the potential of creating 53,500 jobs in the state.
-
MapmyIndia Shelves Rs 35 Crore B2C Investment Plan Following Investor Pushback
The decision comes after concerns were raised on the investment plan approved by the company's board on November 29.
-
Meta Warns of Worsening AI Losses After Sales Narrowly Beat
Meta CEO Mark Zuckerberg said the company will ramp up heavy investments in AI and other futuristic technologies. The Meta executive has warned investors that the firm will continue to spend significantly on infrastructure and other projects like the metaverse and AI-powered glasses.
-
OpenAI Said to Be Working to Remove Non-Profit Control and Give Sam Altman Equity
OpenAI is working on a plan to restructure its core business into a for-profit benefit corporation. Chief executive Sam Altman will also receive equity for the first time in the for-profit company, which could be worth $150 billion (roughly Rs. 12,55,438 crore) after the restructuring as it also tries to remove the cap on returns for investors, sou...
-
Twitter to Focus on Video, Creator and Commerce Partnerships, Says CEO Yaccarino
Twitter plans to focus on video, creator and commerce partnerships to revitalise the social media company's business beyond digital advertising, according to an investor presentation by owner Elon Musk and new Chief Executive Linda Yaccarino. The presentation was Yaccarino's first time addressing the company's investors, the source said.
-
Dunzo Secures $75 Million in Funding, Lays Off 30 Percent of Its Staff as Part of Business Revamp: Report
Indian online delivery platform Dunzo has secured funding of $75 million (roughly Rs. 614 crore) through convertible notes and is laying off about 30 percent of its staff as it plans a revamp of its business model, the Economic Times reported on Thursday.
-
Elon Musk-Twitter Takeover: Banks Said to Be Forced to Hold on to Twitter Deal Debt
Days ahead of the deadline for Elon Musk to close the deal to purchase Twitter, the banks that are providing $13 billion (roughly Rs. 1,07,300 crore)Â in financing for the deal are said to have dropped their plans to syndicate the debt to investors. Instead, the banks such as Morgan Stanley, Barclays, and Bank of America could keep it on their bala...
-
Prosus NV Terminates $4.7 Billion Deal to Acquire BillDesk Days After CCI Approval
Technology investor Prosus NV has "terminated" a $4.7 billion deal to buy payments platform BillDesk, it said on Monday, adding that conditions had not been met. Prosus announced plans to buy BillDesk in August 2021, saying it would complement its PayU business and strengthen its presence in India, one of Prosus's largest markets.
-
Spotify Set to Make Audiobooks the Next Pillar of Its Business
Spotify is set to make audiobooks the next pillar of its business after music and podcasts. This was confirmed by the CEO of the company, Daneil Ek, during his Spotify’s Investor Day 2022 remarks. The audiobook vertical by Spotify is expected to be a destination for creators.
-
Ford Has No Plans To Spin Off EV Or Gasoline-Powered Vehicle Businesses -CEO
Some investors have pushed Ford and rival General Motors Co to spin off their EV operations as a way to better tap into the full value of those businesses.
-
Facebook Owner Meta to Lift Veil off Its Metaverse Business Reality Labs
Meta Platforms will report its fourth-quarter results on Wednesday and investors will get a new window into the financial impact of CEO Mark Zuckerberg's current passion. Meta plans to break out the results of its augmented and virtual-reality hardware unit, Reality Labs, for the first time.
-
Ola Raises $500-Million Loan From Global Investors Ahead of Stock Market Debut in 2022
Ola said it had raised $500-milllion (roughly Rs. 3,820 crore) loan from international institutional investors, as the SoftBank-backed start-up preps to make its stock market debut next year.
-
Sensex Slides Over 700 Points As Trump Plans To Double Steel Tariffs
Indian equities tumbled in early trade as renewed tariff threats from US President Donald Trump dampened investor sentiments. Sensex fell over 700 points while Nifty lost 200 points, marking a steep fall during the earnings season.
-
Top ITC Investor British American Tobacco Planning To Reduce Its Stake
British American Tobacco said on Tuesday it is considering further reducing its stake in Indian consumer goods company ITC in a potential on-market sale.
-
Microsoft Is Key Holdout for OpenAI Restructuring Plan
OpenAI has walked back part of its effort to create a more conventional for-profit company. Microsoft, which has invested $13.75 billion (roughly Rs. 1,15,878 crore) in the startup, remains the biggest holdout among investors as the ChatGPT maker tries to restructure, according to several people familiar with the matter.
-
"We Are Largest Private Investor In Bihar": Pranav Adani At 'Bihar Business Connect 2024'
Pranav Adani, the Managing Director of agro, oil and gas and Director of Adani Enterprises on Friday unveiled a massive Rs 27,900 crore investment plan for Bihar, with the potential of creating 53,500 jobs in the state.
-
MapmyIndia Shelves Rs 35 Crore B2C Investment Plan Following Investor Pushback
The decision comes after concerns were raised on the investment plan approved by the company's board on November 29.
-
Meta Warns of Worsening AI Losses After Sales Narrowly Beat
Meta CEO Mark Zuckerberg said the company will ramp up heavy investments in AI and other futuristic technologies. The Meta executive has warned investors that the firm will continue to spend significantly on infrastructure and other projects like the metaverse and AI-powered glasses.
-
OpenAI Said to Be Working to Remove Non-Profit Control and Give Sam Altman Equity
OpenAI is working on a plan to restructure its core business into a for-profit benefit corporation. Chief executive Sam Altman will also receive equity for the first time in the for-profit company, which could be worth $150 billion (roughly Rs. 12,55,438 crore) after the restructuring as it also tries to remove the cap on returns for investors, sou...
-
Twitter to Focus on Video, Creator and Commerce Partnerships, Says CEO Yaccarino
Twitter plans to focus on video, creator and commerce partnerships to revitalise the social media company's business beyond digital advertising, according to an investor presentation by owner Elon Musk and new Chief Executive Linda Yaccarino. The presentation was Yaccarino's first time addressing the company's investors, the source said.
-
Dunzo Secures $75 Million in Funding, Lays Off 30 Percent of Its Staff as Part of Business Revamp: Report
Indian online delivery platform Dunzo has secured funding of $75 million (roughly Rs. 614 crore) through convertible notes and is laying off about 30 percent of its staff as it plans a revamp of its business model, the Economic Times reported on Thursday.
-
Elon Musk-Twitter Takeover: Banks Said to Be Forced to Hold on to Twitter Deal Debt
Days ahead of the deadline for Elon Musk to close the deal to purchase Twitter, the banks that are providing $13 billion (roughly Rs. 1,07,300 crore)Â in financing for the deal are said to have dropped their plans to syndicate the debt to investors. Instead, the banks such as Morgan Stanley, Barclays, and Bank of America could keep it on their bala...
-
Prosus NV Terminates $4.7 Billion Deal to Acquire BillDesk Days After CCI Approval
Technology investor Prosus NV has "terminated" a $4.7 billion deal to buy payments platform BillDesk, it said on Monday, adding that conditions had not been met. Prosus announced plans to buy BillDesk in August 2021, saying it would complement its PayU business and strengthen its presence in India, one of Prosus's largest markets.
-
Spotify Set to Make Audiobooks the Next Pillar of Its Business
Spotify is set to make audiobooks the next pillar of its business after music and podcasts. This was confirmed by the CEO of the company, Daneil Ek, during his Spotify’s Investor Day 2022 remarks. The audiobook vertical by Spotify is expected to be a destination for creators.
-
Ford Has No Plans To Spin Off EV Or Gasoline-Powered Vehicle Businesses -CEO
Some investors have pushed Ford and rival General Motors Co to spin off their EV operations as a way to better tap into the full value of those businesses.
-
Facebook Owner Meta to Lift Veil off Its Metaverse Business Reality Labs
Meta Platforms will report its fourth-quarter results on Wednesday and investors will get a new window into the financial impact of CEO Mark Zuckerberg's current passion. Meta plans to break out the results of its augmented and virtual-reality hardware unit, Reality Labs, for the first time.
-
Ola Raises $500-Million Loan From Global Investors Ahead of Stock Market Debut in 2022
Ola said it had raised $500-milllion (roughly Rs. 3,820 crore) loan from international institutional investors, as the SoftBank-backed start-up preps to make its stock market debut next year.
