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IPO Calendar: Mainboard IPO of Kusumgar among 3 new public offers on investors' radar next weekKusumgar's ₹650 crore IPO will open on July 8 with a 33% grey market premium. The engineered fabrics maker, serving defence and aerospace s...- Kusumgar IPO price band fixed at Rs 398–419; Rs 650-crore issue opens July 8, GMP at 33%Kusumgar has set its IPO price band at Rs 398–419 for a Rs 650-crore offer for sale, opening July 8. The issue has a grey market premium of...
- Cred’s angels, institutional investors score big in Meta dealThe sale is part of Meta’s $900 million investment in Cred, which valued the Kunal Shah-founded company at about $4 billion. The transactio...
- AI bubble or boom? Why Warren Buffett called Big Short fame Michael Burry ‘Cassandra’Legendary investor Warren Buffett once dubbed Michael Burry, famous for predicting the 2008 housing crisis, as 'Cassandra' for his accurate...
- Palantir CEO slams OpenAI, Anthropic's token modelPalantir CEO Alex Karp has slammed the token-based pricing of AI giants like OpenAI and Anthropic, arguing businesses are wasting money wit...
- CSM Technologies shares list flat at IPO price of Rs 113 on BSE, NSEThe public issue, which was open for subscription between June 24 and June 29, was subscribed 1.37 times overall. The retail investor porti...
- Valar nuclear startup partners with Nvidia on data center aiming to conserve waterCalifornia-based Valar announced the partnership in Utah at the site of its small nuclear plant called a microreactor. It also ran a demo...
- Singapore police say AI chip fraud suspects face additional fraud and money laundering chargesThe charges relate to an investigation of fraud by falsely representing who would be the end-user of servers purchased from Dell, Super M...
- Jane Street, TSMC-linked AI startup Etched raises $800 millionAI chip challenger Etched has secured a massive $800 million in funding, with backing from industry heavyweights like Jane Street and a fir...
- Your Rs 2 lakh office bonus could become Rs 19 lakh. CA warns against one common money mistakeChartered Accountant Nitin Kaushik warns that spending annual bonuses on immediate luxuries is a major financial pitfall for salaried profe...
- Kotak Mahindra Bank to acquire Deutsche Bank’s retail banking, private banking and wealth management business in IndiaKotak Mahindra Bank is acquiring Deutsche Bank's retail, affluent private banking, and wealth management operations in India. This strategi...
- China's Meituan says new AI model trained on domestic chipsChinese tech giant Meituan has unveiled LongCat-2.0, a new AI model comparable to Google's Gemini 3.1 pro. This marks a significant achieve...
- Nvidia's AI chip sales in China stall, as local chipmakers like Huawei take the leadJensen Huang, the CEO of computer chip giant Nvidia, was mobbed by onlookers as he hit the streets for the "zhajiangmian" noodles while vis...
- Temporary employees can get pension even without formal regularisation if eligible, rules the Supreme CourtIn a significant ruling, the Supreme Court has declared that temporary-status employees, even without formal regularization, are entitled t...
- ITC's business with BAT grows 10% to Rs 1,587 crore in FY26, but dividend payout falls 9%ITC's business with major shareholder British American Tobacco (BAT) saw a 10% expansion in sales to Rs 1,587 crore in FY26, though dividen...
- Australia's Firmus Technologies strikes AI access deal with NvidiaFirmus said the deal would see it buy Nvidia infrastructure and sell Nvidia‑powered cloud services to "AI Native" customers, among others...
- SpaceX initial public offering returns: Will SpaceX stock hold above $135 IPO price? Elon Musk's company is trading over 5 times than that of Nvidia salesSpaceX is trading at around 107 times its 2025 sales, an astronomical valuation. By comparison, AI heavyweight chipmaker Nvidia recently tr...
- OpenAI spices things up with Jalapeno chips: Why the Sam Altman-led AI startup is building its own processorsOpenAI said it designed the chip from scratch in nine months. Broadcom handled silicon implementation, networking, and connectivity, while ...
- Cristiano Ronaldo vs Lionel Messi: Who leads the net worth race in 2026? Inside the billion-dollar rivalryFootball titans Cristiano Ronaldo and Lionel Messi have both entered the billionaire club, showcasing their immense global influence beyond...
- SpaceX holds $100.8 billion in cash as Elon Musk's rockets-to-AI reveals major details after $75 billion IPO makes it one of world's most valuable companiesSpaceX shares jumped 19 per cent in their Nasdaq debut on June 12, when it raised more than $75 billion in a record offering.
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