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IndiGo promoter Rakesh Gangwal to sell $1.35 billion stake in block deal

Mumbai, May 27 -- IndiGo co-founder and promoter Rakesh Gangwal is expected to sell shares worth $1.35 billion in the airline through a block deal on 27 May, according to a term sheet accessed by Mint... Read More


IndiGo promoter Rakesh Gangwal sells $1.35 billion stake in block deal

Mumbai, May 27 -- IndiGo co-founder and promoter Rakesh Gangwal sold shares worth $1.35 billion in the airline through a block deal on Tuesday, according to a term sheet accessed by Mint. On Monday, ... Read More


NCLT puts Bhushan Power liquidation on hold till August after SC order

New Delhi, May 27 -- The National Company Law Tribunal (NCLT) on Tuesday deferred liquidation proceedings for Bhushan Power and Steel Ltd (BPSL) till August, following a 26 May Supreme Court order dir... Read More


Belrise Industries IPO to list on Wednesday; here's what GMP signals ahead of debut

New Delhi, May 27 -- The IPO of Belrise Industries, which concluded recently, is set to debut on the Indian stock exchanges on Wednesday, May 28. The issue received a healthy response from all categor... Read More


Indonesia gives regulatory approval to China's Zylox Unicorn vascular closure device

Singapore, May 27 -- China-based Zylox-Tonbridge Medical Technology Co. has announced that its proprietary Zylox Unicorn Vascular Closure Device (VCD) has received regulatory approval inIndonesia. Thi... Read More


Brand Finance: Automobile, watch and cosmetic brands the world's most valuable luxury brands

South Africa, May 27 -- Porsche is the world's most valuable luxury and premium brand for eighth year running, while Chanel is the fastest-growing luxury and premium brand in 2025, surpassing Louis Vu... Read More


15th Annual Brand Africa 100 | Africa's Best Brands: African optimism vs declining brand loyalty

South Africa, May 27 -- It found that while 68% of Africans express belief in Africa, up from 64% in 2024, only 11% of the Top 100 most admired brands are African - a historic low, down from 14% in 20... Read More


RAPT BizTrendsTV: Student Village's Ronen Aires - Gen Z's disruption of the world

South Africa, May 27 -- Ronen Aires, a thought leader in entrepreneurship who works with youth culture and cofounder and CEO of Student Village that helps large brands understand the youth, says this ... Read More


Tanzania warn citizens sharing Kenyan content will be jailed

Kenya, May 27 -- Tanzanian Home Affairs Minister Innocent Bashungwa has asked police to stop Tanzanians who share negative content about President Samia Suluhu from other countries on social media. O... Read More


India records $81.04 billion FDI inflow in FY 2024-25, services sector leads with 40% growth

India, May 27 -- India attracted a record USD 81.04 billion in foreign direct investment (FDI) in the fiscal year 2024-25, up 14% from the previous year, driven by a liberalized policy regime and stro... Read More