Business News

Business

China's Passenger Vehicle Sales Surge in November, Driven by New Energy Vehicles

China's passenger vehicle sales surged in November, with new energy vehicles making up over half of all sales. Despite Tesla's decline in sales and exports, the overall market show...

Business

Flipkart's Mega IPO: A Game-Changer for India's Startup Ecosystem

Flipkart, India's premier e-commerce company, is planning an IPO within the next 12-15 months, which is expected to be the largest share issue by a new-economy company. This move i...

Business

Vedanta Group's Massive Rs 1 Lakh Crore Investment in Zinc and Oil Production

Vedanta Group Chairman Anil Agarwal announces plans to invest Rs 1 lakh crore in zinc and oil production, aiming to generate employment for 5 lakh people and develop an industrial ...

Business

Mark Mobius Criticizes US DOJ's Overreach in Adani Bribery Case

Mark Mobius, Chairman of Mobius Emerging Opportunities Fund, criticizes the US Department of Justice for overstepping its bounds in indicting Gautam Adani and other officials in an...

Business

OpenAI Mulls Overhaul of Microsoft Investment Terms

OpenAI is reportedly considering changes to its investment terms with Microsoft Corp., its largest investor, to allow for increased investment even after the achievement of artific...

Business

AMC Entertainment Plans to Raise Capital by Issuing Up to 50 Million Shares

AMC Entertainment Holdings Inc. plans to issue up to 50 million shares of its Class A common stock to raise capital. The company will have 1,070,547 authorized but unissued shares ...

Business

Festive Cheer Drives India's Industrial Output to 3.7% Growth in October

India's industrial production likely improved in October 2024, driven by festive demand, according to a report by Union Bank of India. The Index of Industrial Production (IIP) surg...

Business

Trump's Business Booms in India's Luxury Property Market

Donald Trump's business is booming in India's luxury property market, with multiple Trump-branded buildings under construction and planned across the country. This expansion raises...