Google Plans to Raise $25 Billion via Bonds
Alphabet, the parent company of Google, is seeking to raise up to $25 billion through a new U.S. investment-grade bond sale as it ramps up spending…
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Shiprocket Cross ₹2,000 Cr Revenue in FY26, Net Loss Rises 7% to ₹79 Crore
IPO-bound logistics technology platform Shiprocket crossed the ₹2,000 crore revenue milestone in FY26, reporting strong growth driven by higher shipment…
Nazara Technologies Approves ₹733.5 Crore Preferential Issue, Incoming CEO to Hold 4.67% Stake
Nazara Technologies has approved a ₹733.5 crore preferential issue of equity shares to six strategic investors, led by its incoming…
Trent Adds 22 Zudio Stores in Q1, Expand Across Tier II and III Cities
Trent Ltd., the Tata Group’s retail arm, continued its rapid expansion of Zudio during the first quarter of FY27 by…
CCPA Fines IndiGo, Zepto, BookMyShow and 6 Others Over Dark Patterns
India’s consumer watchdog has intensified its crackdown on deceptive online practices, imposing penalties on nine major digital platforms, including IndiGo,…
OpenAI Seeks Dismissal of Apple’s Trade Secrets Lawsuit
OpenAI has asked a U.S. federal court to dismiss Apple’s trade secrets lawsuit, arguing that the complaint is based on…
Ola Electric Shifts to Dealership Model, to Build 4,000-Dealer Network
Ola Electric is undertaking one of the biggest transformations in its retail strategy by shifting from a predominantly direct-to-consumer (D2C)…
Google’s $15 Billion India Data Centre Project Faces Environmental Concerns
Google’s proposed $15 billion data centre investment in India is facing increasing environmental scrutiny as concerns grow over the massive…
Akasa Air Backs Proposal to Let Airport Operators Own Airlines
Akasa Air has backed the Indian government’s proposal to allow airport operators to own and operate airlines, arguing that the…
Google Drive Ends Google Photos Desktop Backups on August 10
Google is ending support for Google Photos backup through the Google Drive for desktop app on August 10, 2026, requiring…
Microsoft Replaces Claude With GPT-5.6 for Engineers
Microsoft has begun replacing Anthropic’s Claude with OpenAI’s GPT-5.6 as the default AI model for many of its internal engineering…
MiniMax curbs overseas access to new AI video model over copyright disputes
Chinese artificial intelligence startup MiniMax has restricted overseas access to its newly launched AI video generation model following growing copyright…
Banks Look to Offload $15 Billion AI Data Centre Debt Backed by Google and Anthropic
A group of Wall Street banks is preparing to syndicate $15 billion in debt to finance the construction of a…
Unitree Plans $7.4 Billion Valuation in Shanghai IPO
Chinese robotics company Unitree Technology is expected to achieve a post-IPO valuation of more than 50 billion yuan (approximately $7.4…
Mutual Funds Raise Stake in Ather Energy for 5th Straight Quarter
Domestic mutual funds have increased their holdings in Ather Energy for the fifth consecutive quarter, reflecting growing institutional confidence in…
Samsung, SK Hynix Shareholders Demand Bigger Dividends as AI Cash Piles Grow
Samsung Electronics and SK Hynix are facing mounting pressure from shareholders to return a larger share of their AI-driven profits…
Shiprocket Cuts IPO Size by 31% to ₹1,617 Crore, IPO opens on August 12
Shiprocket has significantly reduced the size of its initial public offering (IPO), trimming the issue by 31% to ₹1,617 crore…
Global Central Banks Buy 51 Tonnes of Gold Reserves in June
Central banks continued to strengthen their gold reserves in June, purchasing a net 51 metric tonnes of the precious metal,…
PLI Scheme Reality Check: Rs 35,354 Crore Paid, 14 Lakh Jobs
The PLI scheme has disbursed Rs 35,354 crore of a Rs 1.97 lakh crore outlay and created about 14.15 lakh…
RBI to Pilot ₹10 and ₹20 Polymer Notes Ahead of Planned FY28 Rollout
Polymer banknotes India rollout is targeted for FY28, with RBI field-testing one billion each of ₹10 and ₹20 plastic notes…
RBI Plans Uniform Loan Interest Rate Framework for Banks and NBFCs
The Reserve Bank of India (RBI) has proposed a standardized regulatory framework for loan interest rates, including home loans, to…