Defence Boost, Adani Sells, and a $1B Banana Bet 🚀 (Dec 31, 2024)

Hey there! It’s the last day of the year and our final newsletter for 2024! 🎉 Thank you for making this journey so exciting

Chai Shots: Quick Sips of News ☕️

☕️ Adani Wilmar Exit: The Adani Group is exiting Adani Wilmar, selling its entire 43.94% stake for over $2 billion. Shares of Adani Enterprises jumped 7.3%, while Adani Wilmar dipped 1.8%.

☕️ Defence Boost: India’s Defence Ministry signed ₹2,867 crore contracts to supercharge submarine capabilities.