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    Zee Entertainment approves Rs 600-crore share buyback at Rs 91 apiece; promoters to stay out

    Zee Entertainment has approved a Rs 600 crore share buyback at Rs 91 per share, a 24% premium over its latest NSE closing price. The company will repurchase up to 6.59 crore shares through the tender offer route, with November 25 fixed as the record date. Promoters will not participate.

    Rs 35 lakh revenue from Rs 500 service: Two Hyderabad childhood friends built an app helping NRIs hire personal assistants in India

    Two Hyderabad childhood friends, Nishant Parepalli and Shashank Veer Pothaduri, launched Shoppin in 2023. The startup connects customers in over 20 countries with personal shoppers and assistants in India. Starting at Rs 500, its services include shopping, property checks and paperwork. The company reported Rs 33 lakh revenue in FY26 and Rs 35 lakh between April and October 2026.

    Fairfax's Rs 52,878-crore IDBI Bank deal sets stage for a financial services powerhouse

    Fairfax Financial Holdings has successfully acquired a controlling stake in IDBI Bank for Rs 52,878 crore. The investment aims to redefine IDBI Bank as a comprehensive financial services provider in India and abroad. Fairfax plans to integrate its existing insurance and capital market businesses into IDBI Bank to enhance its offerings. The acquisition reflects Fairfax's strategy of leveraging IDBI Bank's infrastructure for greater market competitiveness.

    KL Rahul invests in PlayBlue, joins as brand ambassador ahead of flagship store launch

    KL Rahul will invest in PlayBlue, a multi-brand sports retail venture launching its flagship store on November 14. The flagship store in Bengaluru will feature over 75 brands, including apparel and sporting equipment. PlayBlue aims to create an integrated platform that offers expert guidance and experiential retail for consumers. It plans to expand its presence to more than 100 stores across India over the next five years.

    Godrej Industries shares rally 10% after Temasek's Rs 2,500 crore investment in Godrej Capital

    Godrej Industries shares rose sharply on Thursday after Temasek announced a Rs 2,500 crore investment in Godrej Capital at a valuation of up to Rs 28,000 crore. The group will retain around 80% ownership in the financial services business, which reported assets under management of Rs 35,000 crore in October 2026.

    Amid layoff season, this Bengaluru company is paying employees to quit and start their own business and return back if things don't work out

    Amid layoffs and voluntary buyout offers at global tech companies, Bengaluru-based iD Fresh Food is encouraging employees to quit and start their own businesses. CEO Musthafa PC's entrepreneurship policy offers a partially paid sabbatical, mentorship, access to the company's business network and an option to return if their ventures fail.

    The Economic Times
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