Explained: Inside Sebi's Rs 15.15 lakh crore revenue inflation allegations against Rajesh ExportsRajesh Exports has come under intense scrutiny after Sebi accused the company and its promoter of inflating revenues, misclassifying person...
An Indian gold firm allegedly inflated revenue by $159 billion using its Swiss unitIndian investigators allege Rajesh Exports overstated its Swiss unit Valcambi's revenue by a staggering $159 billion. SEBI's preliminary fi...
The curious case of Rajesh Exports: Massive revenues, meagre profitsIndia's fourth-largest company, Rajesh Exports, faces a Sebi probe for alleged financial fraud. Investigations point to accounting irregula...
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...
Global firms exploit India's IPO boom to take profits back to home countriesForeign companies are listing their Indian units to send billions of dollars back home. These are mostly secondary offerings, not for raisi...
Ahead of Market: 10 things that will decide stock market action on ThursdayIndian equities remained volatile amid IT sector weakness, global uncertainties and cautious investor sentiment. Analysts see key Nifty sup...
FootballGPT: AI unearths football talent beyond scouts' radarYoung footballers are now getting a chance at professional careers thanks to artificial intelligence. Apps allow players to upload videos o...
SpaceX, OpenAI windfall fuels bets on next-wave Asian AI winnersAnticipating significant capital raises from tech giants like SpaceX and OpenAI, investors are shifting focus to Asian supply chain compani...
Great Experiences: Why cheese tourism is becoming the latest luxury travel trend among IndiansLuxury travellers yearning for authentic yet offbeat experiences are opting for cheese tourism, finds Glynda Alves
Billionaire's FOMO: Ultra-rich families pouring money into AI stackThe world’s richest families are pouring money into artificial intelligence despite concerns over inflated tech valuations, according to a ...
Global Market: Hong Kong IPO boom draws rising interest from overseas companiesHong Kong's stock market is seeing more foreign companies file for listings. Firms from countries like Indonesia and South Korea are explor...
Swiss International Airlines to launch nonstop Bengaluru-Zurich flightsSwiss International Air Lines will launch its inaugural flights to Bengaluru in its 2026-27 winter schedule, establishing a new direct rout...
Keeping close watch on supply shock, impact on inflation: RBI Guv Sanjay MalhotraThe Reserve Bank of India is watching global uncertainties closely. Governor Sanjay Malhotra stated the RBI is monitoring supply shocks. Th...
Karan Adani flags contractor woes, project delays as Ambuja Cements trims FY27 capexAmbuja Cements faces project delays due to contractor and team issues. The company is now prioritizing completion of ongoing expansions. Ca...
SoftBank profit more than triples to $12 billion on OpenAI stake gainsTechnology investor SoftBank Group reported a net profit of 1.9 trillion yen ($12.05 billion) for the January-March quarter, a significant ...
Petrol, diesel price hike in India a matter of time if Middle East conflict persists: RBI Governor Sanjay MalhotraIndia faces potential retail fuel price hikes if the Middle East conflict persists. RBI Governor Sanjay Malhotra indicated this possibility...
US Stock Market: AI spending surge drives Alphabet, Amazon to tap global bond marketsAlphabet and Amazon are expanding their global borrowing to fund the escalating costs of the AI race. Alphabet plans its first yen-denomina...