SBI Cards reported a 6.4% decline in net profit to Rs. 556 crore for the June quarter, as higher impairment losses and bad debts offset revenue growth. Provisions rose 22.8% YoY to...
Bengaluru's Yali Capital exceeds funding targets with a Rs 893cr deep tech fund, aiming to invest in semiconductors, AI, robotics, and more, while also focusing on youth AI educati...
The RBI has extended the term of IndusInd Bank's interim executive committee until August 2025 or until a new CEO is appointed, following the resignation of the previous CEO over a...
LVMH is in talks to sell Marc Jacobs for $1 billion, engaging with potential buyers like Authentic Brands Group, following a 4% revenue drop. The move reflects strategic adjustment...
Intel Corporation plans to spin off its Network and Edge Group into a standalone business, seeking investors for growth. The company faces challenges, including workforce cuts and ...
NSDL's upcoming IPO has set a price band of Rs 760–800 per share, surprising investors with a 22% discount from its unlisted market peak. The Rs 4,011.6 crore issue opens for subsc...
AI startup Anthropic is targeting a $150 billion valuation in a new funding round, with Middle Eastern investors, including UAE's MGX, showing interest. The move highlights the boo...
The sudden death of Sunjay Kapur has unleashed a bitter family feud over the control of Sona Comstar, highlighting allegations of coercion and a rushed succession plan during a tim...
