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Business

Adar Poonawalla's Bold Move: Infusing Rs 1,500 Crore into Poonawalla Fincorp for Aggressive Expansion

Adar Poonawalla's Rising Sun Holdings invests Rs 1,500 crore in Poonawalla Fincorp, aiming for aggressive retail expansion and diversification into new loan products under CEO Arvi...

Business

Exploring the Historic Lows in Savings Account Rates at Public Sector Banks Post-Deregulation

Savings deposit rates at some public sector banks have reached historic lows post-2011 deregulation, with a significant decline in domestic term deposit rates for fresh deposits ac...

Business

Breaking: KRT Secures Sebi Approval for Groundbreaking Rs 4,800cr REIT IPO Launch

Knowledge Realty Trust (KRT), supported by Sattva Group and Blackstone, has obtained Sebi approval for its Rs 4,800 crore REIT IPO, following a Rs 1,400 crore pre-IPO investment. T...

Business

Market Watch: Q1 Earnings, US Fed Rate Decision, and Global Trends to Shape Investor Sentiment

This week, the stock markets face a series of pivotal events, including Q1 earnings from top companies, the US Fed's interest rate decision, and foreign investor activities, all se...

Business

Samsung Electronics Secures a Massive $16.5 Billion Semiconductor Deal with a Global Giant

Samsung Electronics has secured a $16.5 billion contract to supply semiconductors to a major global firm, with details kept confidential until 2033 due to management confidentialit...

Business

Elon Musk Announces Samsung's Texas Fab to Exclusively Produce Tesla's Next-Gen AI6 Chips in $16.5B Deal

Elon Musk confirms Samsung's Texas fabrication facility will exclusively produce Tesla's next-generation AI6 chips under a $16.5 billion deal, with TSMC handling the AI5 chip produ...

Business

Breaking Barriers: India-UK Trade Deal Opens Doors for British Telecom and Construction Firms Without Local Presence

The India-UK Comprehensive Economic and Trade Agreement (CETA) allows British firms to operate in telecom and construction without a local Indian presence, offering national treatm...

Business

TCS Announces Major Workforce Reduction: 12,000 Employees to Be Laid Off Amid Global Economic Shifts

Tata Consultancy Services (TCS) plans to lay off 12,000 employees, targeting middle to senior management, amid global economic and AI-driven changes. Support includes compensation ...