Fintech unicorn Razorpay is shifting its headquarters from the US to India, aiming for a 2026 IPO. Despite facing potential $300 million tax implications, the […]
Category: Business
ITC ups stake in Oberoi Group & Leela Mumbai ahead of hotel arms Jan 1 demerger
ITC bought more shares of EIH, the parent company of Oberoi Hotels. ITC’s stake in EIH is now 16.13%. ITC also increased its stake in […]
Telangana govt teams up with ITServe Alliance to drive IT sector growth in smaller towns
Telangana government signed an agreement with ITServe Alliance. The goal is to create 30,000 IT jobs in smaller towns. This will boost the state’s IT […]
These special FDs offer up to 8.10% interest rate: Here’s the deadline for investing in high rate fixed deposits
Punjab & Sind Bank and IDBI Bank are offering special fixed deposit (FD) schemes with higher interest rates until December 31, 2024. IDBI’s Utsav FD […]
Zomato CEO Deepinder Goyal is India’s 2nd biggest self-made entrepreneur – check top 10 in new Hurun list
Hurun India ranks Deepinder Goyal as India’s second-highest valued self-made entrepreneur after Radhakishan Damani. The list includes prominent figures from Dream11, Swiggy, Zerodha, Razorpay, and […]
Stocks on brokerages’ radar for December 18
Several brokerage houses issued recommendations on various stocks. Motilal Oswal recommended buying Kirloskar Oil Engines, while ICICI Securities suggested buying PVR Inox, Sun TV, and […]
World’s 10 most powerful business leaders in 2024; find out who represents India in the Global 100
The world’s top 10 business leaders of 2024 have significantly impacted industries. Elon Musk leads in innovation. Jensen Huang drives AI advancements. Satya Nadella transformed […]
MobiKwik’s shares jump 85% on trading debut, valued at Rs 40 billion
MobiKwik’s shares surged 85% on their debut, valuing the company around Rs 40 billion. The successful $67 million IPO, oversubscribed by 120 times, highlights the […]
Stock market today: BSE Sensex opens over 100 points down; Nifty50 below 24,300
Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened in red for the third consecutive day on Wednesday. While BSE Sensex […]
Nissan and Honda consider merger to take on world’s biggest carmaker
Honda and Nissan are in preliminary merger talks, potentially creating a holding company to rival Toyota. This move could also involve Mitsubishi, further consolidating the […]