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Elon Musk was having worst year of his life - divorce, failed rockets, broke and close to nervous breakdown. How 3 days around Christmas saved him, SpaceX and TeslaIn 2008, Elon Musk faced near financial ruin with SpaceX and Tesla on the brink of collapse. After a critical SpaceX launch succeeded, NASA...- UK approves Novo weight-loss pill to edge open European marketBritain's medicine regulator has approved Novo Nordisk's weight-loss pill. This makes the UK the first European market for the oral treatme...
- VC contract terms get tougher on founder shares after governance lapsesVenture capital firms are tightening founder contracts, with nearly 76% of Indian startups now allowing the forfeiture of vested shares for...
- PSBs may lose the edge over private peers as tightening liquidity, rising credit costs may impact growthPublic sector banks' advantage over private lenders is fading. Excess liquidity and low credit costs are diminishing. Liquidity coverage ra...
- Jindal Poly Films dispute, India's first class action suit, sent by Supreme Court to arbitrationThe Supreme Court has sent a minority shareholder dispute involving Jindal Poly Films to arbitration. This decision overturns earlier order...
- He loaned Elon Musk $1 million in a crisis; now SpaceX could make him one of the world’s richest peopleAntonio Gracias, a close friend and early investor in Elon Musk's ventures, is poised for a massive payday as SpaceX prepares for its IPO. ...
- SpaceX's blockbuster IPO could turn more than 4,000 employees into millionaires. Here’s howSpaceX is poised for a historic IPO, potentially raising $75 billion and valuing the company at $1.75 trillion. Extraordinary investor dema...
- OpenAI expects to go public within the next year: ReportOpenAI, the maker of ChatGPT, is preparing for a stock market debut. CEO Sam Altman has indicated a public offering could happen within the...
- OpenAI expects to go public 'within the next year,' the Information reportsOpenAI CEO Sam Altman indicated an IPO within the next year, with the company having recently filed confidentially. While a timeline remain...
- Pvt sector reposing faith in economy, capex cycle showing signs of revival: Punjab National Bank CMD Ashok ChandraPrivate sector investment is reviving. Companies are borrowing more for expansion and infrastructure. Punjab National Bank (PNB) sanctioned...
- OpenAI joins rival Anthropic in race to Wall StreetOpenAI did not disclose the size or terms of the offering, and said a timeline has not yet been determined. "It may be a while because ther...
- GDP growth momentum intact, no need for additional borrowing so far: Govt sourcesIndia's economy is navigating external challenges like rising import costs. However, domestic consumption remains strong, ensuring growth m...
- Banks, Bharti, IT: Sandip Sabharwal's top picks & why he is worried about Zepto IPOMarket expert Sandip Sabharwal sees private banks like Axis and ICICI as top buys. He believes IT stocks are oversold with potential for 12...
- Enforcement Directorate summons Pinarayi Vijayan's daughter for questioning in Prevention of Money Laundering Act caseThe Enforcement Directorate has summoned Veena T, daughter of former Kerala Chief Minister Pinarayi Vijayan. She is to appear for questioni...
- Binance extends pre-IPO perpetual lineup to OpenAI after SpaceX successBinance is democratizing pre-IPO price discovery with its new Pre-IPO Perpetual Contracts. These products allow eligible users to speculate...
- Court allows ED access to SFIO documents in CMRL-Exalogic money laundering caseA court has granted the Enforcement Directorate access to documents from the Serious Fraud Investigation Office. These documents are crucia...
- Elon Musk Net Worth: From $788,800,000,000 today to a possible $1,000,000,000,000 after SpaceX IPO— How much would each of his 14 children get?Elon Musk Net Worth June 2026: According to Forbes, Elon Musk’s fortune stood at approximately $788.8 billion on June 8, 2026. Some project...
- SC upholds NGT order that landlord cannot be liable for environmental violations committed by tenantThe Supreme Court has ruled that landlords are not responsible for environmental breaches by their tenants' chemical units. This decision u...
- Sops for private investors in nuclear energy on cardsThe Indian government is actively seeking private sector investment for its nuclear energy expansion plans, aiming to boost green transitio...
- Blackstone private credit fund caps withdrawals as redemption requests surgeAfter investors sought to pull out 10% of shares in the second-quarter tender offer, compared to 7.9% in the previous quarter, the $79 bill...
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