Tata Power in Talks to Raise $450 Million Overseas Loan for Business Operations
Tata Power is in discussions with a consortium of international banks to raise at least $450 million (around ₹3,750 crore)…
From the newsroom
Trump’s Proposed 20% Hormuz Fee Could Cost Oil Supertankers $30 Million Per Voyage
President Donald Trump’s proposal to impose a 20% “reimbursement” fee on cargo transiting the Strait of Hormuz could add around…
SBI Funds Management raises ₹2,663 cr from anchor investors ahead of IPO
SBI Funds Management, India’s largest asset manager, has raised ₹2,663 crore from 129 anchor investors ahead of its ₹9,813-crore initial…
SoftBank’s Masayoshi Son Sees Fusion Power as Key to AI’s Future
SoftBank Group founder and CEO Masayoshi Son believes nuclear fusion will become the ultimate energy source powering the next generation…
Global smartphone shipments in Q2 hit lowest in 13 years on memory chip crunch
Global smartphone shipments fell to their lowest second-quarter level in 13 years during Q2 2026, as a prolonged memory chip…
Shein eyes $3 billion Hong Kong IPO in August
Fast-fashion giant Shein is targeting a $2 billion to $3 billion initial public offering (IPO) in Hong Kong, with the…
BlackRock Accused of Charging Higher Fees Through Inflated Fund Valuations
BlackRock, the world’s largest asset manager, has been sued by investors who allege the firm overcharged mutual fund shareholders by…
Nvidia Tightens AI Chip Sales With New Asia Customer White List
Nvidia has reportedly cut by more than half the number of authorized AI chip customers across Asia, introducing a stricter…
U.S. June Budget Deficit Widens to $120 Billion as Tariff Refunds Surge
The U.S. federal budget deficit widened to $120 billion in June 2026, marking a sharp reversal from the $27 billion…
Canada’s Banking Regulator Warned Banks About Anthropic’s Claude Mythos Cyber Risks
Canada’s federal banking regulator, the Office of the Superintendent of Financial Institutions (OSFI), warned the country’s largest banks and insurers…