H&M, a publicly traded company since 1974, is witnessing a significant shift towards private ownership as the Persson family, its founders, have aggressively increased their stake. Since 2016, they've invested over $6.6 billion, raising their control to almost 64%. This substantial accumulation fuels speculation about a potential move to take the fast-fashion retailer private, despite the family's denials.
On the global front, developments in trade negotiations and movements in US bond yields will continue to influence investor sentiment: Analyst
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To capture the target audience and mass market, Classic Legends is gearing up to enhance its dealership networking, making it from 350 to 500 across the country.
India's top oil suppliers, including Saudi Arabia, Russia, Iraq, and the UAE, have boosted production, directing most of the additional output to India, raising their collective market share to 78%. This surge, exceeding OPEC+'s planned ...more
Beyond acreage, several critical risks threaten the current crop. Agriculture scientists have identified heavy rainfall, prolonged waterlogging, and pest attacks as key concerns
The CCPA mandates e-commerce sites to eliminate dark patterns within three months through self-audits. Let's understand what dark patterns are in e-commerce.
Debt managers are optimistic that the average cost of government borrowing could fall below the 7 percent level in FY26, after remaining at or above this mark for the preceding three years
Sakshi Gupta, a former ICICI Bank relationship manager in Kota, was arrested for a multi-crore fraud spanning two years. She illicitly accessed over 110 customer accounts, diverting funds into stock market investments and breaking fixed ...more
TCS emerged as the only laggard, while Reliance Industries, HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India, Infosys, Life Insurance Corporation of India, Bajaj Finance, and Hindustan Unilever Ltd were the gainers
Gautam Adani, 62, drew salaries from two out of the nine listed companies in his ports-to-energy conglomerate, the latest annual reports of the listed entities of the group showed.
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