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Samsung Affiliates Face 45% Premium Offer for S-1 Stake as Activist Investor Pushes Landmark Deal
Samsung affiliates received a formal buyout offer for their combined stake in S-1 Corp on August 27, 2026. Singapore-based Flashlight Capital Partners proposed acquiring the 20.6% stake at 116,000 won per share. That price represents a 45% premium to Wednesday’s closing price. The deal totals 906.6 billion won, or $655 million, testing South Korea’s revised…
Welspun Corp Shares Tumble 6% as ₹1,433 Crore Block Deal Changes Hands
Welspun Corp shares tumbled up to 5.94% to ₹2,206.10 on the NSE on August 26, 2026. The drop followed a ₹1,433.44 crore block deal in the morning trading window. MD & CEO Vipul Mathur and promoter group entity Welspun Investments and Commercials were among the sellers in the transaction. The stock had closed at ₹2,345.50…
49ers Owner Jed York Sentenced to Jail After Ohio Prostitution Sting
49ers owner Jed York sentenced to one day in jail after pleading no contest to disorderly conduct and possessing criminal tools in Ohio prostitution sting. Fined £1,150 total.
Augmont Enterprises IPO Day 3: GMP Jumps to 41%, Signals Strong Listing Gains as Subscription Tops 15x
Augmont Enterprises IPO entered its final bidding day on August 25, 2026, with investor demand remaining strong. The ₹825-crore issue was subscribed 15.12 times by 10:10 AM, while its grey market premium (GMP) stood at around ₹325. That pointed to a potential 41.24% listing gain. Non-institutional investors led the demand, and investors were now watching…
Welspun Corp (WELCORP) Share Price Soars 16% to Record High After ₹17,200 Crore Mega Order
On August 21, 2026, Welspun Corp shares surged after the company won its largest-ever single order, valued at about $1.8 billion (₹17,200 crore). The contract covers pipe supplies from its US manufacturing facility and sent the stock to a record high. The deal also pushed Welspun Corp’s global order book to around $4.4 billion, giving…
14 Charged in Penn State Cocaine Trafficking Ring Tied to Fraternities
14 people, including Penn State students, face charges in a cocaine trafficking operation tied to Sigma Chi and Delta Upsilon fraternities. The ringleader was denied bail.
Indonesia Launches Credit Card to Challenge Visa and Mastercard on August 19
Bank Indonesia launches Indonesian Credit Card for consumers and businesses, challenging Visa and Mastercard’s market control. Eight local banks now issue the card on the QRIS payment network.
Adani Shares Surge 34% in 2026 as Flagship Stock Eyes Nifty 50’s Top Gainer Crown
Adani shares have jumped 34% so far in 2026, making Adani Enterprises the top performer on the Nifty 50 Index. The flagship stock last held that spot at the end of 2022, right before the Hindenburg Research report hit in January 2023. This rally marks a full turnaround for Asia’s richest man, Gautam Adani, and…
Hindustan Copper (NSE: HINDCOPPER) Shares Surge 7.36% to ₹568 as Global Copper Prices Rebound
Hindustan Copper shares surged 7.36% to ₹568 on Monday, August 17, 2026, tracking a global copper rally. The stock climbed from Friday’s close of ₹528.85, touching an intraday high of ₹574.90. COMEX copper futures rose 1.72% to $6.72 per pound, while LME spot prices pushed toward record levels. Supply tightness across major exchanges is now…