Category: Business

SpaceX told its employees in December it’s entering a quiet period and that they should refrain from discussing the IPO (AFP)
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Musk’s SpaceX lines up banks to lead IPO: Report| Business News

SpaceX has lined up four banks to lead its initial public offering, according to the Financial Times, as Elon Musk’s rocket and satellite firm moves…

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Jio Hotstar
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Paying more for OTT, PC ownership question and expensive memory| Business News

Opening thoughts. An email from JioHotstar landed in my mailbox this week. I was expecting the subscription to take an inflationary direction, neatly packaged behind…

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CEO of DeepMind Technologies Demis Hassabis and CEO and co-founder of Anthropic Dario Amodei talk during the 56th annual World Economic Forum meeting in Davos, Switzerland, on January 20. (Reuters)
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AGI timelines, AI chips, and a race no one can stop| Business News

If there were any lingering doubts about whether the world’s leading artificial intelligence companies agree on where AI is headed — or how fast it…

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India Post has earned  ₹10,155 crore in the first three quarters of the current financial year, compared to  ₹9,385 crore in the same period last year. (Anshuman Poyrekar/HT Photo)
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India Post sets 30% higher revenue target despite slow growth last year| Business News

Union communications minister Jyotiraditya Scindia on Thursday said India Post has set an ambitious revenue target of ₹17,546 crore for 2025–26, marking a 30% increase…

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Signage at the headquarters of InterGlobe Aviation Ltd.'s IndiGo in Gurugram, Haryana. (Bloomberg)
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Profit down 78% as flight crisis, labour codes take their toll| Business News

IndiGo, India’s biggest airline operated by Interglobe Aviation Ltd, has reported a 78% decline in net profit, on account of a flights crisis that virtually…

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FILE PHOTO: Branding for Air India is seen on an Airbus A350-900 at the Farnborough International Airshow, in Farnborough, Britain, July 24, 2024. REUTERS/Toby Melville/File Photo (REUTERS)
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Air India braces for record $1.6-billion loss after Ahmedabad plane crash| Business News

Air India Ltd. is set to report a record annual loss after last year’s deadly crash and airspace shutdowns wiped out progress toward a turnaround,…

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When it goes on the floors, the PhonePe IPO will be India's largest IPO since Tata Capital’s $1.7 billion share sale in October 2025.
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PhonePe files updated IPO papers to raise $1.5 billion at $15-billion valuation| Business News

PhonePe Ltd. has updated its draft papers for what’s set to India’s biggest initial public since at least October 2025, but a clear timeline for…

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The 84-page document titled ‘Claude’s Constitution’, is the first major update to approach since the summer of 2023. (File photo)
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Anthropic is training Claude to disagree, and that may be its trump card| Business News

As Anthropic publishes a new version of its new constitution, a fairly lengthy document, one could perhaps argue that the acknowledgement of open problems as…

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The Bombay Stock Exchange building on Dalal Street in Mumbai. (Reuters)
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Sensex, Nifty 50 join global rebound as Trump drops EU tariff threat over Greenland| Business News

India’s stock market advanced today, tracking a rebound in global equities after US President Donald Trump pulled back on his threat to impose tariffs on…

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Deepinder Goyal, founder of Zomato and outgoing CEO of Eternal. (HT)
Posted in Business

Eternal shares surge 7.5% after CEO Deepinder Goyal exit, Q3 results| Business News

Shares of Eternal Ltd. surged to the highest in at least six weeks, a day after founder Deepinder Goyal decided to leave the corner office….

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