Sony has agreed to buy a majority stake in the beloved “Peanuts” comic franchise from Canada’s WildBrain for $457 million. The deal hands Sony control of one of the most recognizable comic properties in the world, known for characters such as Charlie Brown and Snoopy. Deal details Buyer: Sony (majority stake). Seller: Canada’s WildBrain. Price: … Read more
Land Acquired for Cement Project in Chandrapur Shree Cement has completed land acquisition in Chandrapur and is now waiting for the mandatory environmental clearance to move forward. The company’s decision to secure the site signals a firm commitment to setting up operations in the region. What the move means locally Securing land is a major … Read more
India’s SaaS Story Moves Toward Domestic Listings For more than a decade, many Indian software-as-a-service (SaaS) companies were built in India but chose to list on foreign exchanges. Domestic tech initial public offerings (IPOs) were largely led by consumer-facing firms. That pattern is changing: bankers, investors and founders now say the market is ready for … Read more
The Enforcement Directorate on 18 December said it has restituted funds worth more than ₹300 crore to settle long-pending dues owed to former workers of the now-defunct Kingfisher Airlines. The move offers a significant measure of relief to employees who have been awaiting payments since the carrier ceased operations. Key details Date: 18 December Amount … Read more
Refex Mobility, now led by former BluSmart CEO Anirudh Arun, has emerged as a bidder for the assets of a struggling electric cab operator. The move signals growing consolidation and renewed interest in the electric mobility space as firms look to strengthen fleets, technology and charging capabilities. What’s happening Refex Mobility is actively vying for … Read more
Funding boost to reshape development finance priorities A U.S. development-finance agency that is set to nearly triple its funding is planning to direct new capital into data centers for artificial intelligence, critical minerals and energy projects, a top official said. The move signals a shift toward investments that pair economic development with strategic and technological … Read more
Regulator leaves bank capital rules unchanged Canada’s financial regulator has decided to keep capital requirements for the country’s largest banks steady. The move signals confidence that the major lenders hold adequate buffers while pointing out they currently sit on a sizeable surplus. How much capital is on the sidelines? The regulator estimates the big banks … Read more
Deal overview A recent acquisition agreement pairs an initial purchase price with a performance-based incentive of $15 million. That additional payment is tied to specific results in the 2025 fiscal year. The parties expect the transaction to close in about six months, subject to customary closing conditions and regulatory approvals. How the incentive works The … Read more
Dense fog forecast for Delhi and northern India — potential flight disruptions The weather department has warned of dense fog in Delhi and parts of northern India tomorrow. Reduced visibility could affect morning operations at airports, raising the possibility of flight delays and cancellations. Airline issues travel advisory In response, Air India has issued a … Read more
Shares of Trump Media surged after the company announced a merger with private fusion developer TAE Technologies. Under the deal, each side would own roughly 50% of the combined business, a surprising pairing that blends a media company with a cutting-edge energy developer. What the merger involves The merger will create a new firm split … Read more