April 17, 2026
Headlines

Business News Desk

FirstClub

FirstClub in Talks to Raise $50 Million from Peak XV, Sofina and Others, Doubling Valuation in Under Six Months

Business News Desk03 mins mins

India’s startup ecosystem continues to witness remarkable momentum as FirstClub, a fast-growing consumer-focused platform, is reportedly in advanced talks to raise $50 million from marquee investors including Peak XV Partners, Sofina, and other global funds. The deal, if finalized, would double the company’s valuation in less than six months, underscoring investor confidence in India’s consumer-tech…

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PhonePe

After Paytm, Walmart-Backed PhonePe Eyes India’s Second-Biggest Fintech IPO at Up to $10.5 Billion Valuation

Business News Desk03 mins mins

India’s fintech sector is gearing up for another landmark moment as PhonePe, backed by Walmart, prepares for what could become the country’s second-biggest fintech IPO, targeting a valuation of up to $10.5 billion. Following the precedent set by Paytm’s high-profile listing, PhonePe’s move is expected to reshape the competitive landscape of digital payments and financial…

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Accenture

Accenture to Buy Connectivity Division of Ziff Davis for $1.2 Billion

Business News Desk03 mins mins

Global consulting giant Accenture has announced its decision to acquire the connectivity division of Ziff Davis in a deal valued at $1.2 billion. This acquisition marks a significant step in Accenture’s strategy to expand its digital infrastructure and connectivity solutions portfolio, strengthening its position in the rapidly evolving technology services market. Background of the Acquisition…

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Quant MF

SEBI’s Equity Scheme Flexibility Could Boost Downside Protection for Investors: Quant MF

Business News Desk03 mins mins

India’s mutual fund industry is witnessing a pivotal change as the Securities and Exchange Board of India (SEBI) introduces greater flexibility in equity schemes. Quant Mutual Fund has highlighted that this regulatory shift could significantly enhance downside protection for investors, while also offering fund managers more room to adapt to market volatility. Strategic Importance of…

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George Joseph

Largecaps Over Smallcaps? ASK Investment CIO George Joseph Explains His Strategy

Business News Desk03 mins mins

George Joseph, Chief Investment Officer at ASK Investment Managers, has outlined his preference for large-cap stocks over small and midcaps (SMIDs), citing valuation comfort, earnings visibility, and sectoral opportunities. As global capital flows shift and volatility grips equity markets, his strategy emphasizes patience, disciplined allocation, and a focus on quality businesses. Why Largecaps Over Smallcaps…

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Accenture

Accenture to Acquire Data Company Ookla in $1.2 Billion Deal Including Downdetector and Other Apps

Business News Desk03 mins mins

Accenture has announced its plan to acquire Ookla, the global leader in network intelligence and connectivity insights, in a landmark $1.2 billion deal. The acquisition includes Ookla’s flagship applications such as Speedtest, Downdetector, and other digital platforms that provide real-time data on internet performance and outages. This move is expected to significantly strengthen Accenture’s digital…

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Paramount

Paramount+ and HBO Max to Merge After $110 Billion WBD Deal

Business News Desk03 mins mins

In a landmark development for the global streaming industry, Paramount+ and HBO Max are set to merge following Warner Bros. Discovery’s (WBD) $110 billion deal. This consolidation marks one of the largest entertainment mergers in recent history, reshaping the competitive landscape of streaming platforms and signaling a new era of content delivery for audiences worldwide….

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‘Economic War

Adani CFO Thanks Investors, Labels Hindenburg Saga an ‘Economic War’

Business News Desk03 mins mins

Adani Group’s Chief Financial Officer has expressed gratitude to investors for their continued support and resilience during the turbulence caused by the Hindenburg Research allegations. In a strong statement, the CFO described the episode as an “economic war,” emphasizing that the conglomerate has emerged stronger, with renewed investor confidence and a robust growth outlook. Background…

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Godrej Properties

Godrej Properties Acquires Land in Gurugram and Kolkata, Secures ₹6,150 Crore Residential Project Pipeline

Business News Desk03 mins mins

Godrej Properties Limited has announced the acquisition of prime land parcels in Gurugram and Kolkata, locking in a robust residential project pipeline worth approximately ₹6,150 crore. This strategic move strengthens the company’s presence in two of India’s most dynamic real estate markets and underscores its aggressive expansion strategy in the residential housing sector. Strategic Importance…

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Eldridge

Eldridge’s India Arm Signs ₹64 Crore Office Lease in Goregaon for Five Years

Business News Desk03 mins mins

Mumbai’s commercial real estate market continues to attract global investors, with US-based Eldridge’s India arm finalizing a ₹64 crore office lease in Goregaon for a five-year term. This deal underscores the rising demand for premium office spaces in suburban business districts and highlights Mumbai’s growing appeal as a hub for multinational corporations. Strategic Importance of…

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