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MUMBAI: General Atlantic and Accel backed new-age insurer Acko has kicked off IPO process, roping in Morgan Stanley, ICICI Securities and Kotak Securities as bankers for the issue expected to hit Dalal street in early 2027, said people in the know. The company, which is planning to make a confidential filing sometime in the second…
Rupee fell almost 5% in 2025, and has continued to weaken since then, even touching a new record low this year. However, the currency is falling not only in terms of comparision against the greenback but also against other currencies.Rupee has dropped to its weakest level in more than a decade, as compared to its…
Patrick Mahomes and Brittany Mahomes land a whopping $325M valuation with off field move amid his recovery.(Image via Getty Images) Patrick Mahomes, the Kansas City Chiefs’ quarterback, is focused on his recovery from his brutal injuries as his wife, Brittany Mahomes stands by his side.While both Patrick Mahomes and his wife, Brittany Mahomes, have preferred…
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…
