Latest business news
Multibagger stock in focus: Mutual funds have boosted their stake in V-Mart Retail, one of the country’s leading value fashion retailers, during the fourth quarter of the last fiscal year (Q4FY25) to an all-time high level. As of the end of March 2025, 18 mutual funds collectively held a 32.22% stake in V-Mart Retail, equivalent…
Elon Musk’s xAI Holdings is in talks with investors to raise around $20 billion in a deal that would value the company at more than $120 billion, according to sources cited by Bloomberg. If the deal goes through, it would be the second largest funding round of all time, behind only OpenAI’s $40 billion financing…
Japan’s largest life insurer plans to reduce its holdings of the nation’s sovereign bonds, even as higher yields have attracted more domestic buyers and overseas investors to the haven asset. Nippon Life Insurance Co. said that after making purchases at a brisk pace earlier this month, buying will now steady and that on a book…