Healthcare major Fortis on Saturday said it has signed an agreement to acquire the 125-bed Bengaluru-based People Tree Hospital for ₹430 crore. The hospital in Yeshwanthpur will be acquired through a 100% buyout of its holding company, TMI Healthcare. Fortis also plans to invest an additional ₹410 crore over three years to expand beds, medical equipment and clinical programmes.

Sony acquired a majority stake in the Peanuts franchise, including iconic cartoon characters Charlie Brown and Snoopy. Sony will pay over $450 million for the deal and double its stakes in Peanuts Holdings to 80%, The Wall Street Journal reported. It's buying the stake from Canadian entertainment company WildBrain, which earlier sold 39% stake in the business to Sony.

Starbucks has appointed Indian-origin techie Anand Varadarajan as its new Chief Technology Officer (CTO), effective January 19. He will fill the role after Deb Hall Lefevre stepped down in September, following which Ningyu Chen served as interim CTO. Varadarajan joins after a 19-year stint at Amazon, where he oversaw technology and supply chain operations for its global grocery business.

Gujarat-based healthcare firm Gujarat Kidney and Super Speciality has raised over ₹100 crore from anchor investors ahead of its IPO. The company allotted 87.73 lakh shares at ₹114 each, the upper price band. The public issue opens on December 22, 2025, with strong institutional participation seen as a positive signal for investors.

Decathlon Sports India reported a net loss of ₹65.03 crore in FY25, reversing a ₹197.19 crore profit in the previous year, even as revenue from operations rose 3.11% to ₹4,133.10 crore. Total income increased modestly, while higher costs weighed on profitability. The company plans to scale sourcing from India and aims for near $1 billion sales.

US antitrust agencies have cleared Nvidia's investment in Intel, the Federal Trade Commission (FTC) said in a notice. The notice did not provide details of the transaction. In September, Nvidia said it would invest $5 billion in Intel, backing the struggling US chipmaker in a deal that could reportedly pose risks for rival manufacturers, Taiwan's TSMC and US-based AMD.

Infosys ADRs jumping by 57% in value in a few minutes was caused by a suspected data feed glitch and algorithm buying, The Chronicle Journal reported. The spike was likely caused by a ticker-mapping error across multiple financial data platforms, which may have confused trading systems. Several data providers mistakenly mapping 'INFY' ticker to an unrelated entity caused the error.

Madhya Pradesh-based pharma and biotech firm Symbiotec Pharmalab, backed by Rosewood Investments and Motilal Oswal, has filed its Draft Red Herring Prospectus (DRHP) with SEBI on Friday to raise ₹2,180 crore via initial public offering (IPO). The issue includes a ₹150 crore fresh share sale. Existing shareholders will offload shares worth up to ₹2,030 crore via an offer for sale.

The maturity amount stays the same whether ₹10 lakh is invested in one FD or split into 10, if the interest rate is the same, NDTV Profit reported. However, a single FD is easier to manage compared to splitting FDs. A single FD risks premature withdrawal penalties if it is broken during emergencies. Splitting FDs allows partial withdrawals.

A LinkedIn post by a Gujarat startup founder outlining his company's practice of collecting "security cheque" from new hires has sparked debate. He said it was introduced in response to candidates withdrawing from offers shortly before joining dates. "Curious how [this] is even enforceable," a person wrote while another comment read, "This is...a real problem...almost every company faces."