USV acquires around 79% stake in Wellbeing Nutrition at ₹1,583 crore valuation
USV’s stake buy marks the exit of early backers Fireside Ventures and Hindustan Unilever, who collectively hold a 40% stake…
Category: Business
Business
Who is Belén Garijo? Paul Hudson replaced, former researcher returns as CEO of Sanofi in sudden leadership change
Sanofi has named Belén Garijo as its new CEO to replace incumbent Paul Hudson, the French pharmaceutical major announced the…
Airport shopping spree: High-spending passengers are making Adani’s airports richer than ever
Luxury spending on duty-free goods, food, and perfumes by affluent passengers now drives a larger share of airport operator income,…
Vedanta moves NCLT against lender’s nod to Adani’s plan for Jaiprakash Associates
Terming the approval a ‘commercial conspiracy’, Vedanta challenged the November 2025 decision of the committee of creditors and requested the…
Fidelity-backed Eight Roads finds India ‘exciting’, eyes 5-6 deals
Eight Roads Ventures’ president Alex Emery emphasized that India is the single biggest opportunity within Asia for the firm
Kraft Heinz shelves split plans after missing growth expectations, CEO Cahillane says challenges ‘within our control’
Kraft Heinz paused its split plans, sending shares down 6%. CEO Cahillane plans to enhance profitability through a $600 million…
Binance founder Changpeng Zhao says he sold his Shanghai home to buy Bitcoin at $600 while job hunting
Changpeng Zhao, founder of Binance, sold his apartment to buy Bitcoin early in his career while unemployed. He later founded…
M&M Q3 revenue inches past ₹50,000 crore as all businesses fire
Leveraging new trade deals, M&M plans a European SUV push and a revival of tractor exports to the US following…
Buoyed by profit surge, Lenskart to go big on AI investments
Lenskart said the December quarter reflected strong momentum in the vision correction category, with growth coming from both higher sales…
Federal Reserve to Drop Some Prior Demands on Banks to Fix Flaws
The Federal Reserve has signaled to lenders it plans to abandon some of the confidential warnings it previously sent them…
