Business News

Business

Elon Musk's xAI Makes a Bold Move: Acquires Social Media Giant X in a Landmark Deal

Elon Musk's xAI acquires social media platform X in a landmark all-stock deal, aiming to blend AI innovation with social media's reach for smarter user experiences. The deal values...

Business

OpenAI on the Brink of Securing a Massive $40B from SoftBank, Valuation Could Skyrocket to $300B

OpenAI is set to secure $40 billion in funding led by SoftBank, potentially valuing the company at $300 billion. The deal's success depends on OpenAI's transition to a for-profit m...

Business

India's Fiscal Deficit Nears 85.8% of Revised Estimate by February, Signaling Tight Fiscal Control

India's fiscal deficit reached 85.8% of the revised estimate by February, showing improvement over the previous year due to controlled spending. Analysts remain optimistic about me...

Business

FCC Launches Investigation into Disney and ABC Over Potential DEI Discrimination Violations

The FCC is investigating Disney and ABC for potential violations of equal employment opportunity regulations related to their DEI practices. Chairman Brendan Carr raised concerns o...

Business

Delhi High Court Upholds Voluntary Service Charge: A Victory for Consumer Rights

The Delhi High Court's ruling upholds CCPA guidelines, making service charges at restaurants voluntary. This decision is a win for consumer rights, ensuring transparency and fairne...

Business

Hyderabad's Ardee Engineering Aims High with a Rs 580 Crore IPO: A Leap Towards Expansion

Ardee Engineering Limited, a Hyderabad-based integrated design and manufacturing firm, has filed a DRHP with SEBI for a Rs 580 crore IPO. The offering includes a fresh issue and an...

Business

BNY India Expands Global Footprint with New Pune GCC Office Consolidation

BNY India consolidates its Pune operations into a new Kharadi office, emphasizing innovation, talent development, and sustainability. The move is part of BNY's global strategy to e...

Business

Suven Pharmaceuticals and Cohance Lifesciences Merge to Forge a Future-Ready CDMO Giant

The National Company Law Tribunal has approved the merger of Suven Pharmaceuticals and Cohance Lifesciences, aiming to create a diversified CDMO platform focused on high-growth are...