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RBI forex measures to lower banks' overseas borrowing costs by 2-2.5 per cent, aid inflows: ReportNew RBI measures aim to make overseas borrowing cheaper for banks. External commercial borrowing costs may drop by up to 2.50 percent. This...
Keshav Reddy's Equal AI raises $30 million in round led by Prosus, Tomales Bay CapitalThe round also saw participation from Think Investments, Valiant Fund, PhonePe founder Sameer Nigam, and Zubin Bharti Mittal, among others....
SpaceX raises $2.2 billion in Japan slice of record-breaking IPOSpaceX secured $2.2 billion from Japanese investors in its record-breaking global IPO, reserving 3% of its Class A shares for the offering....
Motilal Oswal shares jump 5% after UBS initiates coverage with 'Buy', sets Rs 1,150 targetShares of Motilal Oswal Financial Services rose sharply on Friday after UBS initiated coverage with a 'Buy' rating and Rs 1,150 target pric...
AB Group reaffirms bet on Voda Idea with ₹4,730 Cr infusionVodafone Idea shareholders approved a ₹4,730-crore investment from the Aditya Birla Group via preferential allotment of warrants, increasin...
Air India says 96% of Ahmedabad crash victims' families have received interim compensationAir India is nearing completion of compensation for AI171 crash victims. Most families have received interim aid, with final payouts underw...
TCS and Anthropic launch global premier partnership to drive enterprise AI scalingUnder the deal, TCS becomes a Global Premier Partner in Anthropic's Claude Partner Network. The company will deploy Claude to 50,000 of its...
Never burn out, never complain, never quit: Solomon the Great said study ants to get wise; here are the 7 life lessons he meantAnts, though small in size, offer surprisingly powerful lessons for human life. This article highlights the wisdom found in observing their...
Amazon rival Mercado Libre to invest $4.6 billion in MexicoMercado Libre is investing a massive $4.6 billion in Mexico. This significant funding aims to boost online shopping and expand financial se...
RBI cancels registration certificates of 135 NBFCsThe Reserve Bank of India has cancelled the registration of 135 non-banking finance companies. Thirteen other companies have surrendered th...
Carlyle seeks banks for India IPO of healthcare RCM providerCarlyle has sought investment bank pitches for a potential India IPO of its healthcare revenue cycle management platform created through th...
Kerala to offer free bus travel for women from June 15 at Rs 800 crore yearly costKerala is launching free bus travel for women on ordinary KSRTC services starting June 15. This 'Priyadarshini' scheme benefits women of al...
FX swap window may spur PSU rush for overseas loansPublic sector units like PFC, REC, and NaBFID are poised to increase their External Commercial Borrowings (ECBs) to leverage the RBI's 1.5%...
Rajiv Bajaj to exit Board of Bajaj Finserv tooRajiv Bajaj is moving on from his role on the board of Bajaj Finserv, a transition that follows his earlier departure from Bajaj Finance. T...
Greek proverb of the day: 'A society without a significant proportion of people with the character of the ant, willing to work for a future goal, will not...' - inspiring life lessons on future planning and why hard work today creates a better tomorrowGreek proverb of the day: A Greek saying highlights that societal survival hinges on individuals willing to work for future goals, akin to ...
Rajiv Bajaj to step down from Bajaj Finserv board, cites growing responsibilities at Bajaj AutoRajiv Bajaj will step down as a non-executive director of Bajaj Finserv, not seeking re-election at the July 31, 2026 AGM. Citing increased...
TCS renews 1.5 million sq ft Chennai office lease in Rs 1,420-cr rental dealTata Consultancy Services (TCS) has renewed its lease for nearly 15 lakh sq ft of office space in Chennai for 10 years, committing approxim...
Promoter entities sell Rs 153 crore worth shares in Motilal Oswal block deal; HDFC Life picks up stakeTwo promoter-group charitable entities of Motilal Oswal Financial Services sold shares worth about Rs 153 crore through block deals, with H...
Titan Company shares gain 2%. Why JPMorgan, others see up to 28% upside after analyst call?Titan shares are seeing gains as brokerages maintain a positive outlook. The company has outlined ambitious growth plans for the coming yea...
Godrej Industries launches wealth management companyGodrej Industries has launched Godrej Wealth, its new wealth management arm, targeting ₹1 lakh crore in assets under management by 2031. Th...