Navi Plans ₹3,000 Crore December IPO, Targets $2 Billion Valuation
Navi plans a ₹3,000 crore IPO in December targeting a $2 billion valuation, after returning to profitability in FY26.
From the newsroom
Rapido Secures Karnataka Cab Aggregator Licence Till August 2031
Rapido has secured a five-year Karnataka cab aggregator licence valid to August 2031, supporting its shift toward four-wheeler cabs.
Zetwerk Posts ₹1,606 Crore FY26 Loss as Revenue Grows to ₹15,913 Crore
Zetwerk revenue climbed 40% to nearly ₹16,000 crore in FY26 while it posted a ₹1,606 crore loss, though the underlying…
Elon Musk Discloses 48.4% Stake in SpaceX Worth $900 Billion
Elon Musk has disclosed a 48.4% SpaceX stake worth about $900 billion, covering roughly 6.42 billion shares after the company's…
Uber-Rapido India Business Merger Deal Called Off
Uber and Rapido have called off merger talks for their India mobility businesses after failing to agree terms on bike…
Blinkit, Zepto and Instamart Face Scrutiny Over MRP, Discounts and Hidden Fees
Blinkit, Zepto and Instamart face scrutiny over MRP, discounts and hidden fees, as quick-commerce prices differ across platforms for the…
Wipro Delays Onboarding of 200+ Freshers as NITES Approaches Labour Ministry
Wipro has delayed onboarding for over 200 freshers, prompting NITES to ask the Labour Ministry to intervene and set a…
Apple Trains Its Own AI Model for the China Market
Apple is training a China-specific model for its China market AI, with Alibaba playing a key role and Qwen still…
India Faces Higher Venezuelan Oil Costs as Crude Discounts Narrow
Indian refiners face higher Venezuelan crude costs as discounts narrow and freight eats into savings, with Merey grade especially important.
Honor Launches Robot Phone in China Starting at $1,390
Honor has launched its Robot Phone in China from about $1,390, featuring a 200MP camera on a motorised robot arm…