Rachna Dhanrajani

2 months ago | cnbctv18.com | Rachna Dhanrajani

SoftBank Group swung to a loss in the December quarter due to a decline in the value of its Vision Fund unit’s public holdings, adding pressure on founder Masayoshi Son as he seeks to raise $500 billion for the Stargate artificial intelligence (AI) project The Tokyo-based company reported a net loss of 369.2 billion yen ($2.4 billion) for the third quarter of the fiscal, compared with a 950-billion-yen profit a year earlier.

May 16, 2024 | cnbctv18.com | Rachna Dhanrajani

Homegrown SaaS company Zoho is planning to foray into commercial semiconductor manufacturing, CNBC-TV18 learned on Thursday via sources who did not wish to be named.According to sources, Zoho has submitted a proposal for a semiconductor manufacturing unit to be set up in its headquarter state of Tamil Nadu with an initial investment outlay of $500–700 million. It is also looking for a partner for this project.

May 14, 2024 | cnbctv18.com | Rachna Dhanrajani

Mankind Pharma is looking to acquire Bharat Serum & Vaccines from Private Equity player Advent, sources with knowledge of the matter told CNBC-TV18.Advent currently owns 100% stake in Bharat Serum & Vaccines and is now looking for an exit, according to the sources.These sources also added that Advent is seeking a valuation of $2 billion for its complete stake.

May 13, 2024 | cnbctv18.com | Rachna Dhanrajani

As many as 14 people have died following the hoarding collapse incident in Mumbai's Ghatkopar, Brihanmumbai Municipal Corporation’s (BMC) update showed on May 14 morning.According to the municipal corporation, 43 people were injured due to the collapse of a 100 feet hoarding at a petrol pump amid heavy thunderstorm and rain in Mumbai’s Chheda Nagar on May 13 evening.While 30 people are being treated at the Rajawadi hospital, the closest government-run hospital to the collapse site, while...

Apr 23, 2024 | cnbctv18.com | Rachna Dhanrajani

The electric vehicles (EVs) market in India is currently valued at approximately $2 billion, with projections soaring to reach $5 billion in the near future.