Akasa Air plans to raise ₹1,050 Crore Capital to Tackle Fuel Price Surge
Akasa Air is planning to raise around ₹1,050 crore through a combination of equity and debt as the airline seeks…
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Category: Companies & Business
News on major companies, retail and consumer brands.
Tata Power in Talks to Raise $450 Million Overseas Loan for Business Operations
Tata Power is in discussions with a consortium of international banks to raise at least $450 million (around ₹3,750 crore)…
Trump’s Proposed 20% Hormuz Fee Could Cost Oil Supertankers $30 Million Per Voyage
President Donald Trump’s proposal to impose a 20% “reimbursement” fee on cargo transiting the Strait of Hormuz could add around…
Global smartphone shipments in Q2 hit lowest in 13 years on memory chip crunch
Global smartphone shipments fell to their lowest second-quarter level in 13 years during Q2 2026, as a prolonged memory chip…
BlackRock Accused of Charging Higher Fees Through Inflated Fund Valuations
BlackRock, the world’s largest asset manager, has been sued by investors who allege the firm overcharged mutual fund shareholders by…
Nvidia Tightens AI Chip Sales With New Asia Customer White List
Nvidia has reportedly cut by more than half the number of authorized AI chip customers across Asia, introducing a stricter…
U.S. June Budget Deficit Widens to $120 Billion as Tariff Refunds Surge
The U.S. federal budget deficit widened to $120 billion in June 2026, marking a sharp reversal from the $27 billion…
12 US states sue to block Paramount’s $110B Warner Bros deal
A coalition of 12 U.S. states, led by California, has filed a lawsuit seeking to block Paramount Skydance’s proposed $110…
SpiceJet assures Delhi HC to pay ₹140 crore in KAL Airways arbitration dispute
SpiceJet has assured the Delhi High Court that it will pay ₹140 crore to KAL Airways as part of an…
Aditya Birla Group acquires Shell’s India renewable arm Sprng for $1.8 bn
The Aditya Birla Group has agreed to acquire Sprng Energy, the Indian renewable energy platform owned by Shell, at an…