Voltas Sells 1 Million ACs in 81 Days, Beats Previous Record
Voltas has sold over 1 million room air conditioners in 81 days of FY27, a new record as summer demand…
From the newsroom
Shein Targets $25 Billion IPO Valuation, Down From $98 Billion Peak
Shein is targeting about $25 billion in its Hong Kong IPO, a sharp fall from its $98 billion peak private…
Stripe to Acquire OpenRouter for $7 Billion: Report
Stripe has reportedly agreed to acquire AI infrastructure startup OpenRouter for more than $7 billion, expanding its bet on the…
Quick Commerce Crosses 9.5 Million Daily Orders in India
India's quick commerce platforms now process about 9.5 million orders a day, with Blinkit leading and Amazon Now growing fast.
RBI Asks Rating Agencies to Stop Calling It Bank Deposit Regulator
The RBI has asked credit rating agencies to stop presenting it as the regulator of bank deposits, to avoid misleading…
Tempsens IPO: ₹650 Crore Issue Set for August 20
Key takeaways Tempsens Instruments plans to bring a ₹650 crore public issue on August 20. An IPO lets a private…
Dhoot Transmission Shares Jump 38% in Market Debut
Key takeaways Dhoot Transmission shares gained 38% on their first day of trading. The debut gave public investors a quick…
Alibaba Gaming Sale Puts $1.5B Behind Its AI Shift
Key takeaways Alibaba is reportedly selling its gaming arm for about $1.5 billion. The move would free money and leaders…
FCNR(B) Hedging Costs Could Cost RBI $9-12 Billion
Key takeaways Reports estimate the RBI could face $9 billion to $12 billion in hedging costs. The bill relates to…
OpenAI Revenue Chief Replaced After 8 Months
Key takeaways OpenAI has replaced the executive leading its revenue work after eight months. The move puts attention on how…