Latest News, Updates & Breaking Headlines
Rajat Patidar-led Royal Challengers Bengaluru won the IPL 2025. Royal Challengers Bengaluru was the second-most-expensive franchise when the BCCI sold the original eight teams in the IPL. Vijay Mallya bought the Bengaluru franchise for $111.6 million (Rs 446.40 crore; $1 = Rs 40 then) in 2008, just behind the $111.90 million that Reliance Industries paid…
One of America’s largest medical devices companies — Stryker — has been hit by a massive cyber attack that has sent its systems offline and disabled laptops and phones of its employees across the globe. On Wednesday, March 11, thousands of Stryker employees woke up to find their smartphones and laptops inoperational. For those unaware,…
Walmart-backed fintech major PhonePe is targeting a valuation of $9 billion to $10.5 billion (about Rs 75,000 crore–Rs 87,000 crore) for its upcoming India IPO, with plans to raise around $1.05 billion through an equity sale, sources aware of the development told news agency PTI.The expected valuation is lower than the company’s last funding round…
OpenAI has secured a massive $110 billion funding round, valuing the ChatGPT maker at $730 billion, as the artificial intelligence company accelerates investments to meet rapidly expanding global demand for AI services.The investment — among the largest fundraising rounds in Silicon Valley history – includes $30 billion each from Japanese conglomerate SoftBank and chipmaker Nvidia,…
Mumbai, the “City of Dreams”, has long been synonymous with rocketing real estate values, and the lavish lifestyles of Bollywood celebs, industrialists and business tycoons. Among many premium buildings, stunning mansions, and heritage bungalows, one of the most talked-about and controversial (you’ll know why) properties in Mumbai is the ultra-luxe Lincoln House. This sprawling historic…
Capital markets regulator Securities and Exchange Board of India (Sebi) on Thursday revised the valuation methodology for physical gold and silver held by mutual fund schemes, mandating the use of polled spot prices published by recognised stock exchanges for determining their value.The new framework will come into effect from April 1, 2026.“It has been decided…
In February 2026, the company secured $30 billion in its latest funding round, pushing the valuation of the Claude chatbot developer to $380 billion. (AI image) Anthropic – it’s a name that has taken the technology world by storm globally – and its impact on Indian IT stocks has been significant. Anthropic – now valued…
Jimmy Donaldson, widely known as MrBeast, is one of the most well-known people on YouTube. He runs a business and content empire that reaches hundreds of millions of people around the world, and he’s only 27. His videos often have big challenges, giving back, and record-breaking prize money. People often think that MrBeast is personally…
MUMBAI: Startups are readjusting their IPO valuations amid market volatility. After Amagi Media Labs, the first new-age company to head to Dalal Street this year, Shadowfax has tempered its valuation targets. At the upper end of the price band set at Rs 124 per share, the logistics company is seeking a valuation of Rs 7,169…
Bharat Coking Coal Ltd’s initial public offering (IPO) saw strong demand from investors from the moment bidding opened on Friday, with the issue getting fully subscribed within minutes. According to NSE data till 11:15 am, bids were received for 84,15,46,800 shares, far exceeding the 34,69,46,500 shares on offer, resulting in an overall subscription of 2.43…
