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Business

IndiGo Ventures Launches Rs 450 Crore Fund, Eyes Aerospace Innovation with Jeh Aerospace Investment

IndiGo Ventures closes its first fund at Rs 450 crore, investing in Jeh Aerospace to boost aerospace innovation and strengthen India's position in the global aviation industry. The...

Business

Adani's Rs 1,000 Crore NCD Issue Overwhelmingly Subscribed in Just 3 Hours, Fueled by Robust Retail Investor Demand

Adani Enterprises' Rs 1,000 crore NCD issue was fully subscribed in just three hours, driven by strong demand from retail investors and HNIs, signaling high market confidence and p...

Business

RBI Unveils Groundbreaking Reforms for OTC Derivatives Market: New Norms Aim to Enhance Transparency and Efficiency

The Reserve Bank of India (RBI) has proposed new norms for the novation of OTC derivative contracts to streamline market operations. The draft guidelines aim to enhance transparenc...

Business

Merck & Co. Makes a Bold Move: Acquiring Verona Pharma for $10 Billion to Expand Its Biopharmaceutical Portfolio

Merck & Co., Inc. has confirmed its $10 billion acquisition of Verona Pharma, aiming to bolster its biopharmaceutical offerings with Verona's COPD treatment, Ohtuvayre. The deal, e...

Business

UK and Sumitomo Corp Seal £7.5 Billion Deal to Revolutionize Clean Energy and Infrastructure

The UK and Sumitomo Corp have signed a £7.5 billion deal to invest in clean energy and infrastructure, focusing on offshore wind and hydrogen, aiming to create jobs and boost econo...

Business

BP Strikes Deal with Catom: Sells Dutch Retail and EV Charging Business to Focus on Core Operations

BP plc sells its Dutch retail and EV charging operations to Catom, including 300 fuel stations and 15 EV charging hubs, as part of a $20 billion divestment plan to focus on core op...

Business

Navarro Slams Apple: 'Too Big to Tariff' Mentality Hinders US Manufacturing Shift

Peter Navarro, Trump's trade advisor, criticizes Apple for not moving production out of China fast enough, accusing it of a 'too big to tariff' mindset. Apple's shares briefly fell...

Business

CoreWeave Leads the AI Revolution by Scaling Nvidia's Cutting-Edge Blackwell Chip

CoreWeave, Inc. becomes the first to offer Nvidia's Blackwell chip RTX PRO 6000 at scale, enhancing AI capabilities with 5.6x faster LLM inference and 3.5x faster text-to-video gen...