Latest business news
New Delhi, Jun 1 (PTI) Air India will look to send its wide-body planes, whose heavy maintenance is being done by Turkish Technic, to other MRO entities, as part of recalibrating its plans taking into cognisance the recent developments related to Turkiye, according to the airline’s CEO Campbell Wilson. Against the backdrop of Turkiye backing…
Vodafone Idea Ltd’s board approved raising another ₹20,000 crore through a further public offering (FPO), private placement, or other permissible mode to stay afloat, it said in an exchange filing on 30 May after reporting losses for another quarter amid never-ending financial troubles. India’s third-largest telecom operator said it was confident of gaining government…
Engineering services firm Neilsoft Ltd, backed by Japan’s Fujita Corporation, has refiled its Draft Red Herring Prospectus (DRHP) with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The IPO includes a fresh issue of shares worth up to ₹90 crore and an offer-for-sale (OFS) of up to 8 million equity…
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…
(Bloomberg) — The initiative by banks and other employers in New York to bring back workers to the office is being undermined by an unexpected roadblock in a neighboring state. As the strike by New Jersey Transit locomotive engineers loomed over Monday’s commute, Garden State residents were eager for updates on negotiations as they mulled…
The market regulator plans to ease rules for foreign portfolio investors (FPIs) that invest only in Indian government bonds as it seeks to draw more inflows after India’s inclusion in global bond indices. Also Read | Sebi’s PSU delisting proposal sparks calls for parity with private companies The Securities and Exchange Board of India (Sebi)…
One97 Communications, parent company of Paytm, share price will remain in focus in Tuesday’s trading session amid reports of Ant Financial, the fintech arm of Alibaba Group, planning to offload shares worth around ₹2,200 crore in Paytm’s parent company through block deals today. The shares are expected to be offered at a minimum price of…
Meta Platforms Inc.’s Chief Executive Officer (CEO), Mark Zuckerberg, is allegedly planning to add crypto support for the company’s three billion users, reported the news portal Forbes, citing some industry leaks on Sunday, May 11, 2025. This development of the leak and Zuckerberg’s alleged plan will likely pump up the cryptocurrency market, as a big…
Alphabet share price fell sharply on Wednesday, tumbling over 7% following reports that Apple Inc. is planning to integrate AI-powered search options into its Safari browser. Google-parent Alphabet shares closed 7.51% lower at $152.80, wiping out approximately $150 billion in market capitalization. The development marks a significant setback for Google, whose core advertising business heavily…
Stock Market Today: Small-Cap stock gained more than 7% during the intraday trades. Avantel Ltd plans raising funds through rights issue. As per Avantel Ltd, it plans to raise Rs. 80.90 crore through the rights issue. Avantel Ltd Rights issue details Avantel Ltd had intimated the National Stock Exchange of India and the BSE (Bombay…