TPG trims stake in Tata Technologies with Rs 638 crore share sale; BNP Paribas exits part of Choice International holding

Private equity major TPG on Wednesday pared its stake in Tata Technologies by 2.1 per cent, selling shares worth Rs 638 crore through an open market transaction.According to bulk deal data on the BSE, TPG Rise Climate SF, an affiliate of the U.S.-based investment firm, sold 85.16 lakh shares in Tata Technologies at an average…

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Tesla price hike: Elon Musk-led EV maker raises Model S and X prices by $5,000 in US after upgrades; premium variants now start at $84,990

Tesla has increased prices of its Model S and Model X vehicles in the United States by $5,000 following an update to the two premium electric models, the company announced Thursday via a post on X and updates to its official website.The price hike applies to all configurations of both models. With the adjustment, the…

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Elon Musk’s SpaceX faces legal threat from Mexican president over rocket debris and pollution | World News

In a sharp escalation of tensions with Elon Musk’s SpaceX, Mexican President Claudia Sheinbaum has threatened to take legal action against SpaceX over rocket debris and environmental contamination near the U.S.-Mexico border. The warning comes after a SpaceX Starship rocket exploded during a ground test at the company’s Starbase site in South Texas, causing concern…

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Ex-finance secretary Pandey moves to AIIB as V-P

NEW DELHI: Former finance secretary and National Financial Reporting Authority chairperson Ajay Bhushan Pandey has taken charge as VP of investment solutions at Beijing-based Asian Infrastructure Investment Bank (AIIB). Pandey will oversee sectors three key departments: Themes & finance solutions, sustainability & fiduciary solutions, and portfolio management, AIIB website showed. He retired as NFRA chief…

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NLC India in advanced talks with Russian firm; to source lithium from African mines – check details

This is a representative AI image NEW DELHI: NLC India, a state-owned enterprise, is in advanced negotiations with a Russian government-backed entity to secure lithium supplies from its mine in Africa, marking a key step in securing critical minerals for India’s energy transition.This initiative is crucial as India implements strategies to secure consistent lithium supplies…

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