Latest business news
Commodity exchange MCX has received approval from the markets regulator SEBI to launch electricity derivatives. “This development underscores the strong commitment and support of the Regulators – SEBI and Central Electricity Regulatory Commission (CERC) – in enabling a dynamic and sustainable power market,” MCX said in a statement Friday, announcing the development. The electricity derivatives…
BEIJING/TAIPEI (Reuters) -Nvidia will launch a new artificial intelligence chipset for China at a significantly lower price than its recently restricted H20 model and plans to start mass production as early as June, sources familiar with the matter said. Also Read | Nvidia says controls on AI chips exports to China were ‘failure’, praises Trump…
Schloss Bangalore, the owner of Leela luxury hotels, has slashed its IPO size by 30% to 35 billion rupees ($409 million), joining a growing list of companies that have trimmed their issues due to market uncertainty. Brookfield-backed Schloss, which initially planned a 50 billion-rupee initial public offering, will run the issue from May 26-28, its…
Upcoming IPOs: Four companies have received approval from the Indian capital markets regulator, the Securities and Exchange Board of India (SEBI), to raise money from the Indian stock market through an initial public offering (IPO). As per Sebi’s official circular released on May 2, 2025, the markets regulator has given the green light to Ajay…
Canara Robeco IPO: Canara Robeco Asset Management Company, the mutual fund arm of state-run lender Canara Bank, has filed draft papers for its initial public offering (IPO) with the capital markets regulator Securities & Exchange Board of India (SEBI). Canara Robeco IPO will be completely an offer for sale (OFS) of 4.98 crore equity shares…
US-based big tech firm, Microsoft Corp., under its new performance management strategy, is offering its ‘low performing’ employees the option to resign by taking a payout to avoid risking termination, reported the news portal Business Insider on April 23. According to the internal email circulated amongst the managers, the company announced its plans for a…
The Ministry of Corporate Affairs (MCA) is looking to launch an investigation into Gensol Engineering and its related firm BluSmart for alleged involvement in any corporate governance violations, reported the news portal the Economic Times on Sunday, April 20. According to the report, the Corporate Ministry is examining the materials on the case available in…
Stock Market Today: Shares of Roto Pumps surged 13.5% in trade on Friday, April 17, hitting a eight-week high of ₹248 apiece. The intraday rise also marked the largest increase for the stock in the past five months after the company unveiled next-level manufacturing infrastructure and its new ‘P’ Range compact pumps, aiming to achieve…