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L’Oréal buys control of Innovist as India beauty battle intensifies
Posted in Startups

L’Oréal buys control of Innovist as India beauty battle intensifies

L’Oréal SA is acquiring a majority stake in Indian beauty startup Innovist, deepening its bet on one of the world’s fastest-growing personal care markets as…

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If you’re regularly gaming, then the Redmi Turbo 5 has a distinct advantage. (Vishal Mathur | HT Picture)
Posted in Business

Xiaomi Redmi Turbo 5 is remarkably close to value perfection

Quite how Xiaomi has managed to retain such powerful specs at these prices, is worth a certain degree of admiration. This is particularly true as…

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Posted in Economy

India taps World Bank, ADB for $2.5 billion infrastructure spend

India is said to be in talks with multilateral lenders to secure about $2.5 billion in funding from existing credit lines as New Delhi tees…

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OpenAI Chief Research Officer Mark Chen said Shazeer would be the company’s lead for AI architecture research (REUTERS)
Posted in Business

Star Google researcher joins OpenAI in coup for ChatGPT creator

One of Google’s most prominent researchers is leaving for rival OpenAI, dealing a setback to Alphabet Inc. in a multibillion-dollar race to build the world’s…

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Nykaa: Nykaa aims for $5 billion in GMV by FY30
Posted in Startups

Nykaa: Nykaa aims for $5 billion in GMV by FY30

Omnichannel beauty and fashion retailer Nykaa said it is targeting $5 billion in gross merchandise value (GMV) across its businesses by fiscal 2030. The Mumbai-based…

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Based on indicative grey market prices of at least  ₹2,000, the IPO is expected to value NSE at approximately  ₹29,780 crore (over $3 billion), with a valuation of over  ₹5 trillion. (REUTERS)
Posted in Business

Biggest public offering in India: NSE to file for IPO at nearly ₹30,000 crore; LIC to stay put

The National Stock Exchange of India Ltd (NSE) on Wednesday night filed its draft red herring prospectus with the market regulator for what could be…

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Posted in Economy

Restoring India’s land, securing India’s future through science and collective action

Every year, World Desertification and Drought Day (June 17) reminds us that land is far more than a natural resource. It is the foundation of…

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Posted in Economy

PM Modi and Trump direct officials to fast-track ‘commercially meaningful’ trade Pact

Prime Minister Narendra Modi and US President Donald Trump directed their officials to work towards a balanced, mutually beneficial and commercially meaningful trade agreement at…

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Posted in Economy

RBI not in favour of offshore settlement for government ​securities, sources say

India‘s central bank is not looking to enable direct settlement of government securities via offshore settlement platforms like Euroclear — one of the world’s largest…

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Indian exports to UK
Posted in Economy

India-UK free trade deal to take effect on July 15, opening 99% of exports to tariff-free access

New Delhi: The free trade deal between India and the UK will come into effect on July 15, about 11 months after the pact was…

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