Oyo parent gets Sebi nod for Rs 6,650-cr public offerOyo, the hospitality brand, has secured approval from the Securities and Exchange Board of India for its initial public offering. The compa...
Will we K-Pop (desi remix)? How India can turn Tata, Adani, Reliance into global titansForeign companies are exiting India for various reasons, from business failures to global strategy shifts. India aims to build national cha...
Oyo-parent Prism secures Sebi's nod to launch Rs 6,650-crore IPOOyo's parent company, Prism, has received approval from Sebi to proceed with its Rs 6,650 crore IPO. The company is expected to be valued b...
JLR to raise £2 billion five-year loan from global banks to refinance debtJaguar Land Rover is securing a significant £2 billion loan. This move aims to refinance upcoming debt obligations. Several multinational b...
Double, Trouble, Toil and the AI Bubble: Why the boom may not be what it seemsAs India navigates its AI and innovation trajectory, skepticism looms large. While AI technologies have fueled market growth worldwide, the...
Memorial Day 2026 guide: What’s open and closed on May 25? School, stock market, bank, Walmart, Target, Costco, USPS, UPS and FedEx hours explainedMemorial Day 2026, observed on Monday, May 25, honors fallen US service members. While many government offices, banks, and postal services ...
Airline miles may not go as far as the Iran war drives up fuel costs and summer faresAirline ticket prices and baggage fees have surged, impacting the value of travel rewards for summer trips. While dynamic pricing makes awa...
Vedanta Resources looking to rejig $5.5 bn holdco debt in one goAnil Agarwal's Vedanta Resources Ltd is in talks with global banks to refinance its $5.25-5.5 billion debt. The company aims to raise $3.5-...
Blackstone pledges entire Mphasis stake to refinance loanSingapore-based promoter entity BCP Topco IX Pvt Ltd, a Blackstone subsidiary, has pledged its holding to refinance its existing loan, with...
US CEOs seek China business gains from Trump-Xi summitAmerican business leaders are heading to China for a summit with President Xi Jinping. They aim to resolve ongoing business challenges and ...
US mortgage rates rise to 6.37% as Iran war fears and inflation pressure shake housing marketU.S. mortgage rates are moving higher again as global tensions and inflation worries affect the housing market. Home buyers are facing high...
Federal Bank eyes long-term value creation from SCB Card portfolio acquisitionFederal Bank is acquiring Standard Chartered's credit card portfolio, gaining a high-quality, younger customer base with strong credit scor...
Citibank onboards Raj Rathi to head M&A operations in IndiaCitibank has appointed Raj Rathi as its new head of mergers and acquisitions in India. This appointment is effective from June 2026. Rathi ...
Norway wealth fund CEO warns just using AI for job cuts risks backlashNorway's massive sovereign wealth fund CEO, Nicolai Tangen, is urging global companies to embrace artificial intelligence for societal prog...
Coforge completes Encora acquisition; secures $550 million loan, drops QIP planCoforge has completed the acquisition of Silicon Valley-based AI firm Encora for an enterprise value of $2.5 billion. To fund the transacti...
Spirit Airlines to stop operations due to fuel prices hike? Check flight fares refund options, bankruptcy exit plansSpirit Airlines flights to be grounded soon? That's the question that has been doing the rounds after the company's bankruptcy exit plan is...
AI-boosted hacks with Anthropic's Mythos could have dire consequences for banksThe model, announced April 7, is the company's "most capable yet for coding and agentic tasks," the company said in a blog post, referring ...