Strategy raises $2 billion, builds $1.59 billion cash pool as Michael Saylor pauses Bitcoin buying
Strategy has raised about $2 billion in fresh cash by selling common shares over the past week. The company is building a larger cash buffer…
Commerce minister Piyush Goyal asks Japanese companies to deepen localisation in India
Tokyo: Commerce and industry minister Piyush Goyal Monday urged Japanese auto companies and capital goods firms to deepen their localisation in India, establish more research…
India to amend rules within two months to ease semiconductor, auto component manufacturing: Piyush Goyal
Tokyo: India will amend regulations and introduce new rules within two months to address concerns raised by semiconductor and automotive component manufacturers, commerce and industry…
Onion prices up 59%, govt ramps up ‘Kanda Express’ supplies to cool market
New Delhi, The Centre has started moving bulk onion stocks through dedicated railway rakes – the ‘Kanda Express‘ – from Nashik in Maharashtra to major…
Alibaba stock plunges 8.5% after $10.2 billion AI fundraise; top bosses buy shares
Alibaba Group has raised HK80$ (10.2 billion) through a new share sale in Hong Kong. The money will be used entirely to expand the company’s…
Healthtech startup Healthify merges with US-based Berry Street
Bengaluru-based Healthify has merged with US nutrition care company Berry Street in an all-stock deal, combining the former’s AI-led health platform with Berry Street’s insurance-backed…
India’s exports to Iran set to fall further due to Dubai halt, US sanctions
NEW DELHI – Planned new U.S. sanctions on Iran and the UAE’s halt on Tehran trade could severely disrupt Indian exports of rice, tea and…
Lalithaa Jewellery Mart shares end nearly 24 pc higher in market debut trade
Shares of Lalithaa Jewellery Mart on Monday ended with a premium of nearly 24 per cent against the issue price pf ₹201. At the NSE,…
ITR filing deadline: Income Tax Department asks business, professional taxpayers to file returns by August 31
The Income Tax Department has urged taxpayers with business or professional income who are not required to undergo a tax audit to file their Income…
India’s sugar industry body shares a positive price outlook
Indian Sugar Mills Association (ISMA) says it expects retail prices of sugar to come down in the coming days as speculative stocking eases. The industry…