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Russian Billionaire Says He Lost Rs 80,915 Crore After Criticising Ukraine War: "I Was Like A Hostage"
He had to sell his bank stake at a massive loss, calling it a "hostage" situation highlighting how Putin's Russia deals with billionaires who speak out.
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ByteDance To Get 50% Profit From US TikTok Under Trump Deal
TikTok's Chinese parent company will likely get about half of the profit from the platform's US operation even after it sells majority ownership to American investors as part of a deal orchestrated by President Donald Trump.
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"Next Generation Not Very Keen On...": VIP's Dilip Piramal On Selling Stake In Rs 6,800 Crore Luggage Company
Dilip Piramal, Chairman of luggage company VIP Industries, has said that the younger generation of his family is not interested in managing the business.
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Entrepreneur Turned Beauty Mogul Is South Korea's Newest Billionaire
APR Corp., a once-obscure Seoul-based startup is now at the center of the K-beauty boom. Behind the firm is 36-year-old Kim Byung Hoon, a tech entrepreneur-turned-beauty mogul whose company has made him South Koreas newest billionaire.
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Trump's 'Wealthy' TikTok Buyer Is Same Group Behind A Previous Stalled Bid
The prospective buyer of TikTok's American operations cited by President Donald Trump is the same investor consortium including Oracle Corp., Blackstone Inc. and venture capital firm Andreessen Horowitz
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Donald Trump's Youngest Son, Barron, May Have Earned $40 Million From Family's Crypto Venture: Report
Barron Trump, the youngest child of US President Donald Trump, may have earned close to $40 million - $25 million after taxes - from the sale of crypto tokens linked to the family's crypto venture named World Liberty Financial, according to Forbes.
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19 US Employees Become Millionaires After CEO Sells Company Stake For $1 Billion
Bill Phelps, the CEO of Dave's Hot Chicken and former CEO and co-founder of Wetzel's Pretzels, recently revealed that he turned 19 of his employees into millionaires after selling a majority stake to a private equity firm for close to $1 billion.
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Tesla's Public Robotaxi Rides Set for Tentative June 22 Start, CEO Elon Musk Says
Musk has staked Tesla's future on self-driving vehicles, pivoting away from plans to build a cheaper EV platform, and much of the company's valuation hangs on that vision. The EV maker tentatively plans to begin offering rides on its self-driving robotaxis to the public on June 22.
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RCB Owners Break Silence On Reports Of Potential Sale: "Like To Clarify..."
The share prices of United Sprits went up by over 3 per cent on Tuesday after reports surfaced that its parent company - Diageo - was looking to sell stakes in IPL franchise Royal Challengers Bengaluru.
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Ola Electric Shares In Spotlight As Hyundai, Kia Exit Via Rs 690 Crore Block Deals
Hyundai Motor sold its entire stake in Ola Electric, while rival South Korean carmaker Kia trimmed its holding, in a combined share sale worth 6.89 billion rupees ($80 million).
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Harvard In Talks To Sell $1 Billion Of Private Equity Stakes Amid Feud With Trump: Report
Harvard has allocated almost 40% of its $53 billion endowment to private equity, according to an annual report for the year ended in June.
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Binance Founders Refute Rumours of Potential Crypto Exchange Sale
Binance co-founders Changpeng Zhao and Ye Hi have clarified that the Binance crypto exchange is not up for sale. Both Yi and Zhao said that the exchange keeps getting offers to acquire a stake in the company, but the offers have not been considered. Zhao, did however mention, that in due time the company may allow some investments in the “single-...
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Mahindra Sales Up By 16 Percent In January 2025
Mahindra & Mahindra has registered a total sales growth of 16%. With a hold on SUV segment in the Indian market, it lost a few stakes in the commercial vehicle segment.
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Iconic Goa Nightclub Tito's Plans Stake Sale, IPO With Rs 1,000 Crore Valuation
Tito's Group, founded in 1971, is known for its hospitality, local culture, and vibrant nightlife in Goa.
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As Google Faces A Grave And Uncertain Future, Apple Steps In. Here's Why
Two of the world's largest tech behemoths - Apple and Google - are coming together in what is increasingly seeming like an indefensible case. Billions and billions are at stake and Google, the world's 'default' search engine, stares into the abyss.
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Russian Billionaire Says He Lost Rs 80,915 Crore After Criticising Ukraine War: "I Was Like A Hostage"
He had to sell his bank stake at a massive loss, calling it a "hostage" situation highlighting how Putin's Russia deals with billionaires who speak out.
-
ByteDance To Get 50% Profit From US TikTok Under Trump Deal
TikTok's Chinese parent company will likely get about half of the profit from the platform's US operation even after it sells majority ownership to American investors as part of a deal orchestrated by President Donald Trump.
-
"Next Generation Not Very Keen On...": VIP's Dilip Piramal On Selling Stake In Rs 6,800 Crore Luggage Company
Dilip Piramal, Chairman of luggage company VIP Industries, has said that the younger generation of his family is not interested in managing the business.
-
Entrepreneur Turned Beauty Mogul Is South Korea's Newest Billionaire
APR Corp., a once-obscure Seoul-based startup is now at the center of the K-beauty boom. Behind the firm is 36-year-old Kim Byung Hoon, a tech entrepreneur-turned-beauty mogul whose company has made him South Koreas newest billionaire.
-
Trump's 'Wealthy' TikTok Buyer Is Same Group Behind A Previous Stalled Bid
The prospective buyer of TikTok's American operations cited by President Donald Trump is the same investor consortium including Oracle Corp., Blackstone Inc. and venture capital firm Andreessen Horowitz
-
Donald Trump's Youngest Son, Barron, May Have Earned $40 Million From Family's Crypto Venture: Report
Barron Trump, the youngest child of US President Donald Trump, may have earned close to $40 million - $25 million after taxes - from the sale of crypto tokens linked to the family's crypto venture named World Liberty Financial, according to Forbes.
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19 US Employees Become Millionaires After CEO Sells Company Stake For $1 Billion
Bill Phelps, the CEO of Dave's Hot Chicken and former CEO and co-founder of Wetzel's Pretzels, recently revealed that he turned 19 of his employees into millionaires after selling a majority stake to a private equity firm for close to $1 billion.
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Tesla's Public Robotaxi Rides Set for Tentative June 22 Start, CEO Elon Musk Says
Musk has staked Tesla's future on self-driving vehicles, pivoting away from plans to build a cheaper EV platform, and much of the company's valuation hangs on that vision. The EV maker tentatively plans to begin offering rides on its self-driving robotaxis to the public on June 22.
-
RCB Owners Break Silence On Reports Of Potential Sale: "Like To Clarify..."
The share prices of United Sprits went up by over 3 per cent on Tuesday after reports surfaced that its parent company - Diageo - was looking to sell stakes in IPL franchise Royal Challengers Bengaluru.
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Ola Electric Shares In Spotlight As Hyundai, Kia Exit Via Rs 690 Crore Block Deals
Hyundai Motor sold its entire stake in Ola Electric, while rival South Korean carmaker Kia trimmed its holding, in a combined share sale worth 6.89 billion rupees ($80 million).
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Harvard In Talks To Sell $1 Billion Of Private Equity Stakes Amid Feud With Trump: Report
Harvard has allocated almost 40% of its $53 billion endowment to private equity, according to an annual report for the year ended in June.
-
Binance Founders Refute Rumours of Potential Crypto Exchange Sale
Binance co-founders Changpeng Zhao and Ye Hi have clarified that the Binance crypto exchange is not up for sale. Both Yi and Zhao said that the exchange keeps getting offers to acquire a stake in the company, but the offers have not been considered. Zhao, did however mention, that in due time the company may allow some investments in the “single-...
-
Mahindra Sales Up By 16 Percent In January 2025
Mahindra & Mahindra has registered a total sales growth of 16%. With a hold on SUV segment in the Indian market, it lost a few stakes in the commercial vehicle segment.
-
Iconic Goa Nightclub Tito's Plans Stake Sale, IPO With Rs 1,000 Crore Valuation
Tito's Group, founded in 1971, is known for its hospitality, local culture, and vibrant nightlife in Goa.
-
As Google Faces A Grave And Uncertain Future, Apple Steps In. Here's Why
Two of the world's largest tech behemoths - Apple and Google - are coming together in what is increasingly seeming like an indefensible case. Billions and billions are at stake and Google, the world's 'default' search engine, stares into the abyss.
