Business News

Business

Luxury Goes Digital: How Bvlgari and Sabyasachi Are Redefining High-End Shopping in India

Luxury brands like Bvlgari and Sabyasachi are expanding their online presence in India, tapping into the growing market of high spenders and the convenience of e-commerce. With dis...

Business

Exploring the Impact of RBI's Rupee-Rouble Trade Rule on India-Russia Economic Relations

The RBI's recent measures to facilitate rupee-rouble trade with Russia, including the allowance of special rupee vostro accounts without prior approval, aim to simplify and speed u...

Business

Sebi's Strategic Move to Simplify D-Street Compliance and Boost Investor Confidence

Sebi aims to simplify IPO filings and reduce compliance burdens for investors, including foreign funds, while focusing on investor education and preventing cyber fraud. The regulat...

Business

ChrysCapital Makes Strategic Move into Consumer Sector with Rs 2,000 Crore Acquisition of Theobroma

ChrysCapital acquires Theobroma in a Rs 2,000 crore deal, marking its entry into the consumer sector. Theobroma, founded in 2004, has grown to over 250 outlets across India.

Business

Sebi Denies Anil Ambani's Settlement Request Over Yes Bank Investment Controversy

Sebi has rejected Anil Ambani's settlement plea related to Yes Bank investments, potentially leading to a Rs 1,828 crore penalty. The case involves Rs 2,150 crore invested in Yes B...

Business

Air Canada Faces Potential Strike as Union Rejects Final Offer, Threatening August Shutdown

Air Canada is on the brink of a potential strike after the Canadian Union of Public Employees rejected the airline's final offer, threatening to shut down operations by August 16. ...

Business

Sam Altman Champions Neuralink Competitor in Groundbreaking Brain-Tech Initiative

OpenAI CEO Sam Altman is supporting a new brain-computer interface venture, Merge Labs, aiming to develop high-bandwidth brain implants. With a $250 million funding goal, this init...

Business

CoreWeave Shatters Expectations with a 206% Revenue Surge to $1.21B in Q2

CoreWeave reports a 206% surge in Q2 revenue to $1.21B, surpassing expectations despite increased operating expenses. CEO highlights the company's AI cloud platform advancements, e...