SBI, other lenders sell Yes Bank stake for Rs 13,483 crore in deal with Japan’s Sumitomo Mitsui Banking Corporation

State Bank of India (SBI) and seven other lenders announced on Friday the sale of 20 percent of their combined stakes in Yes Bank to Japan’s Sumitomo Mitsui Banking Corporation (SMBC) for Rs 13,483 crore, marking the largest cross-border investment in the Indian banking sector. Upon completion of this transaction, SMBC will become the single…

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Who Competes With Meta? Its Future Depends on the Answer.

In September 2006, Mark Zuckerberg, the chief executive of Facebook, described what made his social network special. “Facebook is about real connections to actual friends,” he wrote in a company post. Two decades later, that description is at the center of a landmark antitrust trial against Mr. Zuckerberg’s social networking empire, now called Meta, and…

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Miuccia Prada Brings a Show to New York,

Since 2011, Miuccia Prada, the patron saint of smart, messy women everywhere, has been using her Miu Miu line as a platform to commission short films by female filmmakers from around the world, including Janicza Bravo, Mati Diop and Haifaa al-Mansour. For Mrs. Prada, the films, which sometimes air during her fashion shows, serve as…

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‘We have all the venues’: Former England captain pitches UK as host for remaining IPL 2025 matches | Cricket News

Former England captain Michael Vaughan has floated the idea of hosting the remaining matches of the Indian Premier League (IPL) 2025 in the United Kingdom, following the league’s suspension due to military tensions between India and Pakistan.The Board of Control for Cricket in India (BCCI) announced on Friday that the tournament would be suspended for…

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