L&T Bags ₹15,000 Crore-Plus Middle East Offshore Project
L&T has won an ultra-mega offshore contract worth more than ₹15,000 crore from a Middle East client, expanding its Gulf…
From the newsroom
Policybazaar Gets IRDAI Show-Cause Notice After 2024 Inspection
PB Fintech unit Policybazaar Insurance Brokers has received an IRDAI show-cause notice and advisory following an October 2024 regulatory inspection.
Karnataka High Court Allows Police to Freeze Bank Accounts Without Prior Court Approval
The Karnataka High Court ruled police can debit-freeze bank accounts during investigation without prior Magistrate approval, in a case involving…
PhysicsWallah Shares Rise 8% After Q1, Revenue Rises 24%
PhysicsWallah shares rallied nearly 8% after Q1 FY27 revenue rose 24.4% and its net loss narrowed, with positive post-interest EBITDA.
Zaggle Shares Crash 20% After Q1 Results
Zaggle shares fell 20% to ₹160.45 and hit the lower circuit after Q1 profit dropped 33% despite revenue rising 27.5%.
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…
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…