Category: Business
2.5 times more than Saudi’s Aramco: How big is SpaceX’s $75 billion IPO?
SpaceX priced the largest initial public offering in history on Thursday, selling 555.6 million shares at $135 each to raise $75 billion and valuing Elon…
Government announces tax exemption for FII investments in G-secs: All you need to know
In the last few months, the Indian Rupee has been hitting new lows regularly. Yields on the Government securities (G-secs) have been climbing. Foreign Institutional…
Excise relief for higher ethanol petrol blends
The government has exempted excise duty on up to 30% ethanol component in blended petrol, which, according to experts, will proportionately reduce India’s energy imports…
Will SpaceX’s IPO fund life on Mars, and a trillionaire?
SpaceX is launching history’s biggest public listing, propelling Elon Musk‘s wealth into the stratosphere. DW explores whether the firm’s out-of-this-world ambitions are truly cosmic or…
Sensex jumps over 900 points, Nifty tops 23,400 as global markets rebound
Indian equity markets staged a sharp recovery on Friday morning as global stock indices turned green, dusting off recent geopolitical cues. The BSE SENSEX started…
Wired Wisdom: 6G milestone, your Apple devices, and playing F1 25: 2026 Season Pack
Opening thoughts. A 6G milestone has been achieved in Japan, with researchers from the Tokushima University finding a way to transmit data at a speed…
Investing in bonds: Coupon rate vs Bond yield – What should you know?
You can buy a bond either from the issuer when it is issued for the first time at face value or from the secondary market…
India falls out of EM index top 10 for first time in 26 years—What that means & why it matters
For the first time since at least 2000, no Indian company ranks in the top 10 of the MSCI Emerging Markets Index, a benchmark that…
Musk Looks to an Army of Loyalists to Help Make Him a Trillionaire
Deen Noory wants in on the biggest stock market debut of all time. Elon Musk is counting on it. On Friday, the SpaceX stock ticker…
Wall Street’s undignified SpaceX mania
“THE ICK”, a term popularised by Gen-Z daters, refers to the loss of romantic interest after a trifling but embarrassing behaviour by a crush. Admirers…