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Prosus to raise $2 bn by selling stakes

Mint Chennai

|

August 21, 2025

Technology investor Prosus NV plans to raise $2 billion through asset sales as part of chief executive officer Fabricio Bloisi's strategy to streamline the company around key brands.

The Euronext-listed company has already raised $780 million from selling various holdings in the past four months, setting $2 billion as a near-term target, Bloisi said at its annual general meeting on Wednesday. It has been selling down a mix of listed equities, and

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Mint Chennai

It's Clear That Gamblers Should Pay More Taxes Than Investors

Investing aids the economy but gambling is simply consumption

time to read

3 mins

September 15, 2025

Mint Chennai

Finding inspiration in natural light

Nicobar's Simran Lal on how her two workspaces keep her calm, motivated

time to read

2 mins

September 15, 2025

Mint Chennai

Yuan versus the dollar: Propose a third option

As China attempts to globalize its legal tender; America guards the supremacy of its own and digital currencies gain traction, India should revive Keynes' idea of a global trade currency

time to read

2 mins

September 15, 2025

Mint Chennai

Mercedes Expects Best Festive Season

The recent GST rate cut is likely to make the upcoming festive season the 'best-ever' for the luxury carmaker, but there is a need to cap road taxes levied by states on car purchases for long-term growth of the industry, Mercedes-Benz India managing director and chief executive officer Santosh Iyer said.

time to read

1 min

September 15, 2025

Mint Chennai

Indian Market Resilient; Stocks Could Touch New Highs by March

Over the long term, say 7 to 10 years, small and midcaps will be the real winners A. Balasubramanian, managing director and chief executive of Aditya Birla Sun Life AMC

time to read

4 mins

September 15, 2025

Mint Chennai

Top Debtor States Seek More From Finance Commission

Greater fiscal relief, revamped criteria for tax revenue sharing, special funds among demands

time to read

2 mins

September 15, 2025

Mint Chennai

Insurance law revision likely next session: FM

The Insurance Amendment Bill, which proposes 100% foreign direct investment in the sector, is likely to be introduced in parliament in the winter session, finance minister Nirmala Sitharaman has said.

time to read

1 min

September 15, 2025

Mint Chennai

When street dogs, cats bring the office closer

When colleagues work towards a collective goal like looking after community animals, it offers them a sense of purpose

time to read

4 mins

September 15, 2025

Mint Chennai

COP-30: Use carbon trading to win climate leadership

An efficient and credible carbon market can give India a chance to lead a global agenda that's fair to everyone

time to read

3 mins

September 15, 2025

Mint Chennai

Small stores, bold ambitions: Ikea to ramp up presence

Ikea India plans to add 3-4 small city stores over 10 months, shifting focus from large-format outlets to compact spaces

time to read

1 mins

September 15, 2025

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