Shein IPO Valuation Falls to About $27 Billion
Key takeaways Shein’s planned public listing could value the company at about $27 billion. That figure is far below its…
From the newsroom
Union Bank Dollar Bonds Return After 12 Years
Key takeaways Union Bank of India has returned to the dollar debt market after a 12-year gap. The lender plans…
Electric motorcycle startup ‘Matter’ raise $25 Mn
Ahmedabad-based electric motorcycle maker Matter Motor Works has raised $25 million, or roughly ₹240–250 crore, in a new growth funding…
Grok Bot To Get Templates And Multi-Account Support Soon
Grok Bot is preparing several new features, including shareable templates and multi-account support, as xAI continues to expand its AI-agent…
EPFO Allows NRIs Moving Abroad To Withdraw EPF Early
The Employees’ Provident Fund Organisation (EPFO) allows Non-Resident Indians (NRIs) who permanently relocate abroad to withdraw their Employees’ Provident Fund…
Indian Family Offices Ramp Up Pre-IPO Investments
Indian family offices are increasingly moving beyond listed equities and traditional private-market funds to invest directly in companies before they…
PVR INOX Share Buyback: Board To Consider Proposal On August 31
PVR INOX will hold a board meeting on August 31, 2026 to consider a share buyback proposal, with the size,…
Karnataka Suspends Food Licences Of Amazon, Swiggy Instamart And BigBasket Over Datura Listings
Karnataka has suspended the food licences of Amazon, Swiggy Instamart and BigBasket after inspectors found Datura, a poisonous plant, listed…
SpaceX AI Satellites: First Launch Targeted For Late 2027
SpaceX is targeting late 2027 for the first launch of its Starmind AI satellites, orbital computing platforms linked to Starlink…
IBM Unveils World’s First Dual-Architecture Mainframe Processor
IBM has unveiled what it describes as the world’s first dual-architecture mainframe processor, a new chip designed to allow IBM…