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US has granted India a six-month exemption from sanctions on Chabahar port, confirms MEA

The United States has granted India a six-month exemption from sanctions for operations through Iran’s Chabahar port along the Gulf of Oman, the Ministry of…

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Tarun Garg, chief executive officer of Hyundai Motor India Ltd. (Bloomberg)
Posted in Business

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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Some Indian companies have received licenses to import rare earths from China: MEA

The Ministry of External Affairs on Thursday said that some Indian companies have received licenses to import rare earths from China. Supply of rare earths,…

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Physicswallah said to plan Rs 3,820 crore IPO in weeks
Posted in Startups

Physicswallah said to plan Rs 3,820 crore IPO in weeks

Indian online education platform Physicswallah Ltd. is nearing an initial public offering that may fetch Rs 3,820 crore ($431 million), according to people familiar with…

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Why Trump can’t rush the Indian elephant into a trade deal

The US and China have reached a major breakthrough after months of tit-for-tat tariff war triggered by US President Donald Trump‘s steep tariffs on China….

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BharatPe names Harshita Khanna as CHRO
Posted in Startups

BharatPe names Harshita Khanna as CHRO

Fintech major BharatPe on Thursday announced the appointment of Harshita Khanna as its Chief Human Resources Officer (CHRO), effective immediately. Khanna brings over 18 years…

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Esop windfall: Groww IPO to unlock employee wealth worth Rs 2,500 crore
Posted in Startups

Esop windfall: Groww IPO to unlock employee wealth worth Rs 2,500 crore

The upcoming initial public offering (IPO) of online investment platform Groww is set to unlock employee wealth to the tune of Rs 2,400-2,500 crore, according…

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Groww IPO: We make so much money, we could keep it all — but that’s not how you build a 100-year-old company: CEO Lalit Keshre
Posted in Startups

Groww IPO: We make so much money, we could keep it all — but that’s not how you build a 100-year-old company: CEO Lalit Keshre

As Groww, the stock trading and wealth-tech platform, gears up for its public debut in November, cofounder and CEO Lalit Keshre says the listing is…

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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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Alphabet views its AI spending—from data centres and custom AI chips to research and talent—as critical for Google Cloud to compete against Amazon Web Services and Microsoft Azure. (Bloomberg)
Posted in Business

Google clocks first $100-billion quarter amid ‘full-stack approach to AI’| Business News

Google parent Alphabet Inc. has clocked its first $100-billion quarter as the company fired on all cylinders—Google Search, Google Cloud, YouTube and Google Gemini—underscoring the…

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