Category: Business

BNP Paribas helped BlackRock’s HPS Investment Partners finance Bankim Brahmbhatt's loans. (Reuters)
Posted in Business

India-origin CEO emerges at centre of $500-million ‘breathtaking’ fraud in US| Business News

An India-origin CEO of a little-known telecom-services company in the US has emerged at the centre of what has been described as a “breathtaking” fraud…

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The Maruti Suzuki Victoris, the latest offering from India's largest carmaker. (HT Auto)
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Net profit up 7.3% amid highest-ever net sales| Business News

Maruti Suzuki India Ltd. clocked its highest quarterly sales in July-September 2025, even as profitability remained relatively muted. The Maruti Suzuki Victoris, the latest offering…

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Big Tech is shifting ever so quickly, and analysts are picking up early signals of a strategic turn. (Representational image)
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Big Tech banks on artificial intelligence to drive growth amid job cuts| Business News

Big Tech continues to cut jobs and make advances in artificial intelligence (AI). Amazon has planned to cut up to 30,000 jobs, procedures for which…

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In all the job postings, Starlink said it will prioritise local applicants but remote and hybrid work is not on offer. (Representative Image)
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Starlink starts on-ground hiring ahead of satellite-internet launch| Business News

Starlink Satellite Communications Pvt. Ltd. has listed at least four jobs in India, months after Elon Musk-led company received regulatory approvals to launch satellite internet…

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Lenskart CEO Peyush Bansal during the company's IPO announcement in Mumbai on 27 October 2025. (Reuters)
Posted in Business

From RHP to IPO day, what the grey market is telling us| Business News

The Lenskart IPO is now open for subscription, amid an online debate over its valuations that’s reflecting in its grey market premium today. Lenskart CEO…

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Lenskart CEO Peyush Bansal. A Lenskart IPO valuation would peg the value of his stake in the company at about  ₹850 crore. (Reuters)
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GMP to IPO price and valuation, 10 key details to know before subscribing| Business News

Lenskart Solutions Ltd. is set to launch its IPO today amid an online debate over its valuation that’s reflecting in its grey market premium (GMP)….

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This comes as Canva, valued at $42 billion, says they now have more than 260 million monthly active users. (Official Image)
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Canva’s Creative OS and Affinity app lay foundations for an ‘imagination era’| Business News

“We are moving from the information era, to the imagination era,” said Melanie Perkins, co-founder and chief executive officer of Canva. The unique designing and…

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The Jio Gemini plan extends Reliance Jio's value-added services beyond connectivity into high-end AI experiences. (Bloomberg)
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Some Reliance Jio users to get free Google Gemini Pro access for 18 months — how to claim| Business News

Reliance Jio has partnered with Google to offer select 5G users free access to Gemini Pro for 18 months. The plan—priced at ₹35,100—will be available…

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Tarun Garg, chief executive officer of Hyundai Motor India Ltd. (Bloomberg)
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Revenue shows marginal rise, net profit up 14.30%| Business News

Hyundai Motor India Ltd. grew marginally in the fiscal second quarter on muted sales, even as profitability improved. Tarun Garg, chief executive officer of Hyundai…

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An OpenAI IPO is not our focus, so we could not possibly have set a date, a spokesperson for the ChatGPT creator says. (Reuters)
Posted in Business

An OpenAI IPO at $1-trillion valuation? Sam Altman said to begin work for 2026 listing| Business News

OpenAI Inc. has started laying the groundwork for an IPO that could peg the ChatGPT creator’s valuaton at up to $1 trillion, setting the stage…

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