Category: Business
Groww’s share price tanks nearly 10% again in signs of continued profit-booking| Business News
Shares of Billionbrains Garage Ventures Ltd., the operator of India’s largest online broker Groww, fell nearly 10% for a second straight trading session indicating that…
IndusInd Bank’s new CEO plans sweeping overhaul after scandal involving old CEO| Business News
IndusInd Bank Ltd. is preparing a sweeping overhaul to boost profitability and cleaning up underperformance, as its new chief executive officer seeks to boost return…
Anupam Mittal’s Shaadi.com is said to consider IPO, after Peyush Bansal’s Lenskart| Business News
People Interactive India Pvt. Ltd., the operator of Shaadi.com, is preparing for an initial public offering, as Founder CEO Anupam Mittal looks to join fellow…
Nvidia’s upbeat revenue forecast, Jensen Huang soothe fears of an AI bubble| Business News
Nvidia Corp. delivered a surprisingly strong revenue forecast and pushed back on the idea of an AI bubble, easing concerns that had spread across the…
Adobe to acquire Semrush in $1.9-billion deal to build marketing tools for an AI world| Business News
Adobe Inc. has decided to acquire Semrush Holdings Inc. in a $1.9-billion all-cash deal, as the Photoshop maker looks to strengthen its marketing tools for…
AMD, Cisco, Saudi Arabia’s Humain launch AI JV, land first major customer| Business News
Advanced Micro Devices Inc., Cisco Systems Inc. and Saudi Arabia’s AI startup Humain are forming a joint venture to build data centres in the Middle…
Elon Musk’s xAI, Nvidia announce 500 MW AI project for Saudi Arabia| Business News
Elon Musk said his xAI artificial intelligence startup plans to develop a 500 megawatt data center in Saudi Arabia with the kingdom’s state-backed AI venture…
Mohandas Pai defends Narayana Murthy, says ‘9-9-6’ work culture for techpreneurs only| Business News
N.R. Narayana Murthy’s advice on ‘9-9-6’ work culture applies to entrepreneurs and not regular office goers, T.V. Mohandas Pai said on Wednesday, even as he…
Cues for retail investors as tender window opens tomorrow| Business News
The window for tendering shares in the ₹18,000-crore Infosys buyback opens tomorrow, is an opportunity for retail investors to make a quick buck from the…
JP Power shares surge 17% as Adani’s bid for Jaypee Group gets lenders’ approval| Business News
Shares of Jaiprakash Power Ventures surged on Wednesday amid reports that Adani Enterprises Ltd. has been chosen to acquire Jaiprakash Associates Ltd. under the insolvency…