Alibaba plan $10.2 Billion stake sale to fund AI expansion
Alibaba Group is planning to raise HK$80 billion, or about $10.2 billion, through a new share placement in Hong Kong…
From the newsroom
Urban Company–Kent RO Ads Removed After Court Case
Urban Company won an interim advertising reprieve after Kent RO agreed in Delhi High Court to remove disputed purifier ads…
Pride Hotels IPO plan targets ₹1,000 crore by December
Key takeaways Pride Hotels plans a ₹1,000 crore public share sale by December. The company is stepping up its hotel…
Starbucks India Growth Returns After Store Reset
Key takeaways Tata Starbucks says its reset has put the business back on a growth path. The chain still aims…
SBI Total Business May Reach ₹200 Lakh Crore by 2030
Key takeaways SBI aims to take its total business to ₹200 lakh crore by 2030. Total business means a bank’s…
Skyways Air Services IPO Opens August 24: What to Know
Key takeaways The Skyways Air Services IPO is set to open for applications on August 24. Read the official offer…
FPIs Invest ₹23,544 Crore in Indian Market in August
FPI inflows reached ₹23,544 crore in August, a second straight month of buying after four months of heavy selling in…
Andhra Pradesh Approves ₹31,387 Crore Green AI Data Center in Visakhapatnam
Andhra Pradesh has cleared a ₹31,387 crore, 512 MW green AI data center in Visakhapatnam that is expected to create…
Levi’s India Revenue Rises 20% to ₹2,223 Crore, Profit Jumps 27%
Levi’s India revenue rose 20.6% to ₹2,223.4 crore and profit climbed nearly 27% as the brand pushes beyond denim into…
Alibaba revenue growth reaches 8% in December quarter
Key takeaways Alibaba reported revenue of 280.2 billion yuan for the quarter ended December 31, 2024. That was an 8%…