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2025-06-12 02:30:00| The Economic Times

Jubilant Bhartia Group's promoters are selling minority stakes in listed companies to raise 2,000 crore for partially funding the acquisition of a 40% stake in Hindustan Coca-Cola Beverages (HCCB). Goldman Sachs Asset Management has already raised $600 million for the deal, and the group is divesting non-core assets. The deal values Coca-Colas bottling arm at 31,250 crore.

Category: News and Media

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2025-06-12 02:24:12| The Economic Times

Analysts predict significant growth for select stocks. Bansal Wire Industries is projected to surge 22% due to its expanding steel wire plant. Tata Communications anticipates a 16.6% rise driven by data revenue and strategic asset monetization. Home First Finance expects an 18.4% increase, positioned favorably in the affordable housing finance sector.

Category: News and Media

2025-06-12 02:11:26| BBC News | Business | World Edition

The Hollywood studios allege Midjourney's image generator is a "bottomless pit of plagiarism".

Category: News and Media

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