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Prestige Hospitality Ventures gets SEBI nod for ₹2,700cr IPO
Prestige Hospitality Ventures Limited has received approval from the Securities and Exchange Board of India (SEBI) for its initial public offering (IPO).
This data-center company is planning a $500M IPO in India
Sify Infinit Spaces, a subsidiary of Sify Technologies Ltd and backed by Kotak Private Equity Group, is gearing up for an initial public offering (IPO) in India.
India: Trump slaps 25% extra tariff for buying Russian oil
In a major escalation of trade tensions, US President Donald Trump has announced a 25% additional tariff on Indian goods.
New I-T Bill may be introduced in Parliament next week
The Indian government is likely to introduce the new Income Tax Bill in Parliament on August 11.
Why sales of Ozempic are slowing down
Novo Nordisk, the Danish pharmaceutical giant, has seen a sharp slowdown in sales growth of its injectable diabetes drugs such as Ozempic.
Trump's real estate brand booming in India despite political rift
Despite Donald Trump's constant criticism of India, the country has become his biggest global market for real estate.
Musk has an advice for Zuckerberg amid Meta's hiring spree
Elon Musk has taken a dig at Meta CEO Mark Zuckerberg over the latter's aggressive talent acquisition strategy.
Trump claims that TSMC will invest $300B in Arizona
US President Donald Trump has claimed that Taiwanese semiconductor giant TSMC will be investing $300 billion in Arizona.
Nazara Technologies to consider its first-ever stock split next week
Nazara Technologies Ltd., a leading player in the gaming industry, has announced its plans to consider a bonus and stock split proposal for its shareholders.
Taiwan arrests TSMC employees for allegedly stealing 2nm chip tech
Three employees from Taiwan Semiconductor Manufacturing Company (TSMC), a major supplier of chips for Apple, have been arrested in Taiwan.
Why Elon Musk, Tesla have been sued in the US
A Tesla stockholder has sued the electric vehicle manufacturer and its CEO Elon Musk for securities fraud.
Diwali bonus: Mahindra offering shares worth ₹500cr to 14,000 employees
In a first-of-its-kind move, the Mahindra Group has announced a Diwali bonus for over 14,000 of its employees in the form of company shares.
Fevicol-maker might announce first bonus share issue in 15 years
Pidilite Industries, the maker of Fevicol, is all set to hold a board meeting today.
SBI wants to hire 5,583 Junior Associates: Apply now
The State Bank of India (SBI), the largest public sector bank in the country, has announced a recruitment drive for 5,583 Junior Associates.
Clear lays off 16% of workforce, freshers hit hardest
Bengaluru-based fintech firm Clear (formerly ClearTax) has laid off nearly 16% of its workforce in a recent downsizing round.
Paytm lays off 4,500 employees in FY25 amid cost-cutting push
Paytm's parent company One97 Communications has cut its workforce by 4,500 in FY25. The move has helped the company save around ₹650 crore in employee expenses.
Reliance Infra stocks fall 19% in 6 sessions: Here's why
Reliance Infrastructure and Reliance Power have witnessed a sharp decline in their stock prices, plummeting by as much as 19% in the last six trading sessions.
Former X chief Linda Yaccarino has a new job
Linda Yaccarino, the former CEO of Elon Musk's social media platform X, has been appointed as the new CEO of eMed Population Health.
Swiggy wants to sell entire stake in Rapido for ₹2,500cr
Swiggy, a leading food and grocery delivery platform, is looking to sell its 12% stake in ride-hailing start-up Rapido.
RBI has good news for nominees of deceased bank customers
The Reserve Bank of India (RBI) has announced plans to standardize the procedure for settling claims pertaining to bank accounts and safe deposit lockers of deceased customers.
Bajaj Auto posts ₹2,210cr Q1 profit riding on export boom
Bajaj Auto has reported a 14% year-on-year increase in its consolidated net profit for the first quarter of FY26.
OpenAI plans secondary share sale at a whopping $500B valuation
OpenAI, the company behind ChatGPT, is in early talks for a potential secondary stock sale.
IRCTC gets RBI's approval to operate as online payment aggregator
The Reserve Bank of India (RBI) has granted in-principle approval to IRCTC Payments, a subsidiary of Indian Railway Catering and Tourism Corporation (IRCTC), to act as an online payment aggregator.
NSDL IPO debuts at 10% premium: Should you hold?
National Securities Depository Limited (NSDL) made its debut on the stock market today, with its shares listing at ₹880 per share on the BSE.
RBI keeps repo rate unchanged at 5.5%
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC), led by Governor Sanjay Malhotra, has decided to keep the repo rate unchanged at 5.5%.
ChatGPT copyright case: OpenAI offers 20M chats, NYT demands 120M
OpenAI has offered 20 million user chats in a high-profile lawsuit with The New York Times (NYT).
Bharti Airtel's Q1 results: Net profit jumps 43% to ₹5,948cr
Telecom giant Bharti Airtel has reported a 43% year-on-year jump in its consolidated net profit for the first quarter of fiscal year 2026.
This Abu Dhabi-based investment group wants to raise $25B
Abu Dhabi-based investment group, MGX, is said to be considering raising up to $25 billion in third-party capital.
Quant to launch India's 1st SIF: Should you be interested?
Quant Mutual Fund has become the first asset management firm in India to get approval from the Securities and Exchange Board of India (SEBI) for a Specialized Investment Fund (SIF).
SBI Card is removing certain benefits from these credit cards
SBI Card has announced major changes to its credit card offerings in India, effective August 11.
Kotak Mahindra-PVR INOX credit card launched: What are the benefits?
Kotak Mahindra Bank and PVR INOX have relaunched their co-branded credit card, introducing new features aimed at cinema-goers.
EU halts countermeasures against US tariffs after Trump deal
The European Union (EU) has announced a six-month suspension of its planned countermeasures against US tariffs.
India's UPI just processed record 700M transactions in a day
India's Unified Payments Interface (UPI) has hit a new milestone, processing over 707 million transactions in a single day on August 2.
India to become fourth-largest office market with 1B sq-ft space
India is on the verge of becoming the world's fourth-largest office market, according to a report by property consultant Knight Frank India.
Is AI really causing mass layoffs? Salesforce CEO disagrees
Marc Benioff, the CEO of Salesforce, has dismissed fears that artificial intelligence (AI) will cause mass job losses in white-collar industries.
How I-T Bill 2025 might hurt ease of doing business
The recently proposed Income-Tax Bill, 2025, has come under fire from experts for not providing tax-neutral treatment to fast-track demergers.
Meet PB Balaji, first Indian CEO of Jaguar Land Rover
Jaguar Land Rover (JLR), the British luxury car division of Tata Motors, has announced the appointment of PB Balaji as its first Indian CEO.
Highway Infrastructure IPO fully booked in 40 minutes, GMP surges
Highway Infrastructure Ltd's initial public offering (IPO) has been fully subscribed within hours of its opening today.
India's services sector rises to 11-month high in July
India's services sector has witnessed a major surge, hitting an 11-month high in July. The growth is mainly attributed to strong international demand and continued domestic sales.
How Axis Bank is protecting your FDs from digital frauds
Axis Bank has launched a new feature called 'Lock FD,' aimed at preventing premature digital closure of fixed deposits (FDs).