Category: Business

MakeMyTrip has launched Trips and Attractions this year, a feature that extensively uses generative AI. (Vishal Mathur/ HT Photo)
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MakemyTrip V-P Aakash Kumar| Business News

It wouldn’t be outlandish to say that India’s travel industry has time and again proved a bellwether for how technology quietly reshapes everyday decisions by…

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Mobile sim card packets for Jio Platforms Ltd., a unit of Reliance Industries Ltd., in Mumbai, India, on Saturday, April 20, 2024. (Bloomberg)
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Jio Platforms IPO valuation seen at a record $170 billion by investment bankers| Business News

Investment bankers are proposing a valuation of as much as $170 billion for Jio Platforms Ltd., according to people familiar with the matter, ahead of…

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Sam Altman, chief executive officer of OpenAI Inc. (Bloomberg)
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OpenAI wants US government loans to fund its AI investments of over $1 trillion| Business News

ChatGPT creator OpenAI, the world’s largest private company, is asking the US government to provide loan guarantees for its massive infrastructure expansion that will eventually…

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RBL Bank's stake sale to Emirates NBD is seen as the biggest foreign investment in India's financial services sector. (Livemint)
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M&M sells entire 3.5% stake in RBL Bank ahead of open offer by Emirates NBD| Business News

Mahindra & Mahindra Ltd. has sold its entire 3.5% stake in RBL Bank Ltd. at 62.5% gain, ahead of an open offer by Dubai’s Emirates…

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Ola Electric founder Bhavish Aggarwal. (Reuters)
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Revenue plunges 43% on sliding sales, loss narrows| Business News

Ola Electric Mobility Ltd. narrowed its losses in July-September 2025 even as revenue plunged 43%, amid fewer takers for electric two-wheelers. Ola Electric founder Bhavish…

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PhysicsWallah co-founder Alakh Pandey. (Livemint)
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PhysicsWallah sets IPO price for $3.2-billion valuation, GMP shows premium| Business News

PhysicsWallah Ltd. has announced its IPO price that pegs its valuation at $3.2 billion, even as founders of the edtech startup sell fewer shares. PhysicsWallah…

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A much cheaper Macbook that maintains Apple’s design and is embedded in the Walled Garden could spur a new wave of Mac adoption. (Unsplash)
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Apple preps a budget Macbook with iPhone chip to rival Google Chromebook| Business News

Apple Inc. is preparing to enter the low-cost laptop market for the first time, developing a budget Mac aimed at luring away customers from Chromebooks…

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Apple and Google are finalising a deal that would give Apple access to Google’s technology. (Unsplash)
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Apple, Google close in on $1-billion/year AI deal to use Gemini for Siri| Business News

Apple Inc. is planning to pay about $1 billion a year for an ultrapowerful 1.2 trillion parameter AI model developed by Alphabet Inc.’s Google that…

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Royal Challenger Bengaluru (RCB), featuring India's cricket star Virat Kohli, won its first Indian Premier League earlier this year. (ANI)
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Is RCB up for sale? United Spirits starts review of ownership of IPL 2025 champion| Business News

United Spirits Ltd., the India unit of Diageo Plc, has strarted a review of its investment in its sports management unit that controls Royal Challengers…

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Suzuki's $8 billion investment in India is to mainly expand its local capacity to 40 lakh cars a year, from some 2.5 lakh cars now. (Reuters)
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Inside Toyota, Suzuki, Honda plans to ‘Make in India’, in pivot away from China| Business News

Japan’s top carmakers—Toyota Motor Corp., Honda Motor Co. Ltd., and Suzuki Motor Corp.—have lined up billions of dollars of investments to Make in India, in…

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