Charles T. Munger, much more than Warren Buffett’s no. 2, dies at 99
Although overshadowed by Buffett, who relished the spotlight, Munger, a billionaire in his own right — Forbes listed his fortune as $2.6 billion this year — had far more influence at Berkshire than his title of vice chair suggested.
Ant Group arm to offload 3.4% stake in Zomato for Rs 3,290 crore
According to a term sheet released by the deal broker, BofA Securities, Alipay Singapore Holdings, an entity of the Ant Group, has proposed to sell 296.1 million shares at an offer price of ₹111.28 per share. The offer price is at a 2.2% discount to Zomato’s closing price on Tuesday.
Adani Group’s m-cap surges over Rs 1 lakh cr on SC’s Hindenburg views
Adani Total Gas soared 20% – the highest tradable limit of the day. Adani Energy Solutions surged nearly 19%. Adani Power, Adani Green Energy, and NDTV jumped over 12% each.