Financial News

PVR INOX to Expand in Tier II and Tier III Cities

Leading multiplex chain PVR INOX is set to expand into smaller cities, particularly in South India, and will increase its premium cinema offerings to cater to local demand

Quant Mutual Fund Shakes Up Portfolio with Major Sell-Offs

Quant MF divested significant stakes in companies like HEG, as Premji Invest offloaded its shares in Medplus. The moves are seen as strategic shifts amid changing market conditions​

Allianz Considers Exiting Bajaj Insurance Ventures Amid Strategic Realignment

Allianz is evaluating its exit from joint ventures with Bajaj in the insurance sector. The move could lead to a rebranding, with Allianz offering support to Bajaj for a smooth transition​

PE Investment Climbs to $8.7 Billion in Q2 2024

Private equity activity has seen a substantial rise, with notable deals focused on sectors like tech, healthcare, and manufacturing​

Adani’s Ambuja Cement Takes Over Orient Cement for ₹8,100 Crore

Adani's Ambuja Cement made headlines by acquiring Orient Cement, solidifying its position in the cement industry with a strategic expansion move valued at ₹8,100 crore​