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The Latest Breaking News from the Economic Times

IDBI Bank shares jump 3% as Fairfax set to make biggest foreign investment in Indian lender, buy stake worth Rs 53,000 cr

Fairfax Holdings has been finalized for the IDBI Bank stake sale. This significant deal is expected to be worth approximately Rs 53,000 crore. The government plans to sell its stake, and LIC will also divest shares. Fairfax's offer of Rs 81 per share is higher than last year's bid. This…

The Economic Times

Why reaching the right audience matters more than reaching everyone

Reach alone no longer defines marketing success; relevance does. This piece argues that engaging decision-makers matters more than mass impressions, positioning The Economic Times' influential readership as the ideal platform for meaningful business impact. Partner With Us to reach India's decision-makers.

The Economic Times

Avendus fund buys PPFAS stake worth Rs 140 crore from promoters

Avendus Future Leaders Fund III has acquired nearly a 1% stake in Parag Parikh Financial Advisory Services for around Rs 140 crore through a secondary transaction, backing one of India's largest mutual fund houses.

The Economic Times

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How Nestasia grew into a Rs 177-crore brand and set its sights on the next big leap

From leaving corporate careers to building a Rs 177-crore omnichannel brand, Nestasia’s journey reflects the rise of India’s new-age home and lifestyle entrepreneurs.

The Economic Times

What Azim Premji Said About Values, Ethics, and Integrity That Business Schools Miss

Chanakya Set the Standard Premji Actually KeptChanakya wrote in the Arthashastra that a leader's character is not what he declares but what he does when the cost of doing right is real. Azim Premji did not quote Chanakya. He didn't need to. When Wipro was building its early IT business…

Times Life

Vedanta Oil and Gas shares rally 8%. What’s boosting investor sentiment today?

Vedanta Oil and Gas shares rose sharply on Thursday, outperforming its recently listed Vedanta group peers after reports that the Delhi High Court cleared the enforcement of $99 million in arbitral awards in favour of Vedanta and Ravva Oil. The development boosted investor sentiment despite the company's weaker Q1 production…

The Economic Times

TCS, Infosys crash up to 55%: Why India's largest mutual fund scheme is still buying

India's largest mutual fund scheme is buying more shares of TCS and Infosys. This buying occurs even as these IT stocks experience significant market value losses. The fund manager's conviction rests on current cash flows rather than future AI narratives. While AI disruption pressures revenue, it also creates new technology…

The Economic Times

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Cult. Fit IPO: Actor Hrithik Roshan set to sell 6.33 lakh shares in Rs 3,500-4,000-crore offer

Actor Hrithik Roshan plans to sell shares in Cult. Fit's upcoming public offering. The company aims to raise Rs 3,500-4,000 crore through its initial public offering. This IPO includes a fresh issue and an offer for sale by existing investors.

The Economic Times

Ola Electric shares drop 9% in 3 days. What's spooking investors?

Ola Electric Mobility shares fell over 2%, extending their three-day decline to 9%, after media reports said two vendors had filed fresh insolvency pleas against its subsidiary over alleged unpaid dues of more than Rs 40 crore. The company also recently reported a sequential jump in Q1FY27 vehicle registrations.

The Economic Times

How brands reach business leaders: The power of credibility, context, and visibility

Business leaders discover brands through trusted environments, meaningful industry conversations, and credible platforms, not just advertisements. Explore why context has become a competitive advantage for organisations looking to build influence among India's key decision-makers.

The Economic Times

Which is the best Nifty-based index fund to buy basis expense ratio and tracking error?

Choosing the best Nifty-based index fund involves more than just a low expense ratio. Experts emphasize that tracking error, which measures how closely a fund mirrors its benchmark, is crucial for long-term returns. While low costs are attractive, consistent replication accuracy, indicated by low tracking error, often proves more vital…

The Economic Times

Hitachi Energy, GE Vernova, Siemens Energy, other power equipment stocks crash up to 10%. Here’s why

Indian power sector stocks plunged Friday as reports emerged of a two-year exemption granted to four Chinese electrical equipment firms for government tenders. This move, aimed at easing project delays, allows companies like TBEA Energy and Nanjing Electric India to participate, despite earlier restrictions following the 2020 border clash. The…

The Economic Times

India's hidden semiconductor advantage: What's next in the chip journey?

As India accelerates its semiconductor ambitions with a proposed second-phase incentive programme, Equirus says the country is well positioned to evolve from a global chip design hub into a full-stack semiconductor ecosystem. However, it cautions that execution challenges remain and maintains a cautious stance on select semiconductor-related stocks.

The Economic Times

Beyond Sectors: Independent categories recognising India's cross-border leaders

The Independent Categories at the Payoneer India Cross-Border Excellence Awards 2026 recognise businesses creating global impact beyond industry boundaries. From D2C brands to global employers and women-led enterprises, the awards offer national recognition, enhanced visibility and an opportunity to benchmark excellence in India's cross-border economy.

The Economic Times

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The Economic Times

Sikkim State Lottery Sambad: Dear Empire Sunday Weekly Lottery result out today, June 21, 2026, at 6 PM; check Rs 1 crore prize-winning ticket number and full list of winners

Dear Empire Sunday Weekly Lottery Result: The Sikkim Dear Empire Sunday Weekly Lottery result has been declared for today's 6 PM draw. Ticket No. 83E87731has won today's Rs 1 crore first prize. Participants can check the complete winning numbers for all prize categories, including the consolation, second, third, fourth and…

The Economic Times

Sikkim State Dear Crown Friday Weekly Lottery result declared (26-06-2026): Check winning numbers and prize details

Dear Crown Friday Weekly Lottery: The Sikkim State Dear Lottery announced the winning numbers for the Dear Crown Friday Weekly Lottery, with a first prize of ₹1 crore awarded to ticket 87G 86392. The lottery, operated by the Directorate of Sikkim State Lotteries, offers daily and weekly draws with various…

The Economic Times

Beyond brand visibility: Why media partnerships matter for business growth and thought leadership

As digital advertising becomes more crowded, brands are reconsidering their strategies to reach business audiences and decision-makers. Media partnerships, branded content, thought leadership, and advertising on The Economic Times can help organisations build credibility, strengthen brand awareness, and connect with senior business leaders in a trusted environment that goes beyond…

The Economic Times

Vedanta Power, Oil & Gas, and Iron shares rally up to 5%; Aluminium sheds 3%. Should you buy, sell or hold?

Vedanta’s newly demerged entities extended their rally, with Oil & Gas, Power and Iron & Steel hitting upper circuits, while Aluminium slipped despite Citi’s bullish outlook. Brokerages remain constructive on select businesses, though views differ on valuations as investors assess growth, cyclicality and execution risks.

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The Economic Times

Vedanta shares fall 6% after Rs 2,149 crore block deal; promoter Twin Star likely seller

Vedanta's stock experienced a significant dip, dropping up to 6% from its intraday peak of Rs 287. This decline followed media speculation that promoter entity Twin Star Holdings likely reduced its stake via a substantial block deal. Around 7.3 crore shares, valued at Rs 2,149 crore, were reportedly traded at…

The Economic Times

Cochin Shipyard shares fall 3% amid buzz around OFS at 8% discount

Cochin Shipyard shares dipped Monday following reports of a potential government Offer for Sale (OFS) at a discount. The government, aiming to raise funds, is reportedly planning to sell a stake soon, adding to recent disinvestment activities in other public sector undertakings. Despite a recent stock decline, the company has…

The Economic Times

Sikkim State Lottery Sambad: Dear Empire Sunday Weekly Lottery result out today, June 21, 2026, at 6 PM; check Rs 1 crore prize-winning ticket number and full list of winners

The Sikkim Dear Empire Sunday Weekly Lottery results are out, offering a grand prize of ₹1 crore. Draws occur daily and weekly, with tickets priced affordably. The lottery features a multi-tier prize structure, rewarding various number combinations. Special bumper draws are also available at a higher cost. Remember to play…

The Economic Times

Sikkim State Dear Elite Saturday Weekly Lottery result declared (20-06-2026): Check winning numbers and prize details

Dear Elite Saturday Weekly Lottery: The Sikkim State Dear Lottery announced the winning numbers for the Dear Elite Saturday Weekly Lottery, with a first prize of ₹1 crore awarded to ticket 61669. The lottery, operated by the Directorate of Sikkim State Lotteries, offers daily and weekly draws with various prize…

The Economic Times

Income Rs 20 LPA, savings zero: 30-year-old techie says family responsibilities left him with no money, netizens weigh in

A 30-year-old tech professional earning ₹20 lakh annually revealed on Reddit he has zero savings after funding a ₹14 lakh home renovation. As the sole breadwinner from a low-income family, he's seeking advice on building wealth from scratch amid job market uncertainties. Reddit users urged him to prioritize term and…

The Economic Times

Sikkim State lottery result 6pm today(19/06/2026): Check Dear Crown Friday Weekly Lottery winning numbers

Dear Crown Friday Weekly Lottery: The Sikkim State Dear Lottery announced the winning numbers for the Dear Crown Friday Weekly Lottery, with a first prize of ₹1 crore. The lottery, operated by the Directorate of Sikkim State Lotteries, offers daily and weekly draws with various prize tiers. Tickets are priced…

The Economic Times

Service exports are powering India's global growth story. It's time to recognise the businesses behind it.

As India's services sector drives global growth, the Payoneer India Cross-Border Excellence Awards 2026 celebrate businesses exporting innovation, expertise, and digital capabilities worldwide. From IT and AI to SaaS, Managed Services, and EdTech, the awards recognise organisations shaping India's position as a leading global services powerhouse.

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