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The move is aimed at reducing compliance costs and boosting market development. The current rule requires issuers to appoint at least one merchant banker for private placements of debt securities or non-convertible redeemable preference shares with a face value of Rs 10,000. This
Founded in 2016, Paramotor Digital Technology operates across consumer spend management, rewards and loyalty solutions, digital gifting and enterprise technology services. The company is led by Executive Chairperson Sonia Asher and Managing Director Rahul Anand, who have experien
It seems there is no escaping the ad industry. OpenAI said on Thursday that it will start showing ads on its ChatGPT Free and Go subscription tiers in India. The move comes after the company changed its terms of service earlier this month to indicate that it will show ads to user
The move came as traders faced the first monthly derivatives expiry under the Closing Auction Session, or CAS, framework. The system, launched on August 3, uses an auction-based mechanism to determine closing prices of stocks. Why expiry made CAS more sensitive A weekly index exp
OYO’s parent company PRISM reported a sharp improvement in profitability in FY26, with profit after tax (PAT) jumping over four-fold to Rs 994 crore from Rs 245 crore in FY25, while revenue grew nearly 50% year-on-year. The company’s revenue from operations rose to Rs 9,358 crore
Expert view: Seshadri Sen, Head of Research and Strategist, Emkay Global Financial Services, is bullish on the Indian stock market. He expects Nifty to hit 29,000 by March 2027, supported by healthy consumption demand, capex cycle, and reasonable valuations. In an interview with
MONTEREY, Calif.—Next month Bentley will reveal its first battery-electric vehicle. The British automaker is no stranger to electric motors; it now offers plug-in hybrids across its range, even replacing the Continental GT’s W12 with a new plug-in hybrid V8. The addition of elect
U.S. President Donald Trump's administration is reportedly considering new tariffs on U.S. semiconductors, as tech giants race to beat China in the AI infrastructure buildout. The duties will be imposed on an expanded range of tech products made alongside chips, including laptops
OORJAA, a technology-led logistics platform, has raised Rs 9.7 crore ($1 million) in a Series A funding round led by Equentis Angel Fund, with participation from Inflection Point Ventures (IPV). This is the first close of a larger round, for which the company is in advanced discu
Nvidia shares rose Thursday after the chip giant's revenue guidance reassured investors that artificial intelligence demand will remain strong. The company's shares were last up 7.2% in premarket trading. Investor bullishness suggests Nvidia could buck the trend of its stock drop
Nvidia shares rose Thursday after the chip giant's revenue guidance reassured investors that artificial intelligence demand will remain strong. The company's shares were last up 7.2% in premarket trading. Investor bullishness suggests Nvidia could buck the trend of its stock drop
David Tisch is a collector, and always has been. The first time I met Tisch, I was floored and delighted walking into his New York office: An entire wall-and-more of bears—they’re Bearbricks, to be exact, vinyl bear-like Japanese art-toys. They’re whimsical and unexpected; they c
Norway's royal family gathers at King Harald's bedside as his condition worsens - Published King Harald V of Norway is in an "extremely serious" condition in hospital, the country's royal household has said. His wife, Queen Sonja, and his son, Crown Prince Haakon, have cancelled
In a bid to address persistent gaps in India’s labour market, NITI Aayog has proposed linking government funding for skilling programmes to verified employment outcomes. These outcomes include job placements, employment retention and wage growth. In its recent report, Reimagining
Healthtech startup Even Healthcare has reportedly laid off around 350 employees as it phases down its insurance business and redirects resources towards a hospital-led healthcare model. The job cuts affected nearly 30-35% of the Bengaluru-based startup’s workforce and spanned mul
— Alfred Winslow Jones A Warning Against Following the Crowd Alfred Winslow Jones, widely regarded as the father of the hedge fund industry, offers a timeless observation on how investors react to market movements. His quote highlights the risks of relying too heavily on popular
At the close, the NSE Nifty50 was quoted at 24,090.85, down 116.90 points or 0.48%, while the BSE Sensex finished 539.35 points or 0.70% lower at 76,933.59. Broader markets remained under pressure too, as the Nifty Midcap 100 and Nifty Smallcap 100 indices settled lower by 0.10%
US Secretary of State Marco Rubio discussed security and drug trafficking with his Mexican counterpart, as Washington looks to play a more assertive role across Latin America. The US has in recent months unveiled a series of prosecutions and sanctions against senior Mexican offic
Moves by longtime US allies and foes alike underscored a changing global alliance structure in the face of the Trump administration’s protectionism and military interventionism. Ottawa and Brussels — both targets of Washington’s trade pressure — said Canada’s prime minister would
AI - personal tech HP has a solution to expensive AI tokens: Buy a more expensive PCRising cloud AI costs are pushing workloads onto pricier PCs – which just happen to be better for PC maker's margins -
The US CIA chief reportedly warned Russia against attacking NATO as Moscow’s war in Ukraine intensified and European nations raised alarm over the Kremlin’s heightened threats. John Ratcliffe’s surprise talks with Russian officials were the first of their kind since his predecess
US debt levels are reaching levels that will soon curtail Washington’s domestic room for maneuver and its geopolitical heft, analysts warned. Though extreme scenarios like a default are seen as highly unlikely, authorities will eventually have to cut spending or raise taxes, whic
UK salmonella cases nearing 500 as egg investigations continue - Published Close to 500 people have become ill with salmonella linked to imported eggs, say UK authorities, who say they have identified two new clusters of the infection. The UK Health Security Agency, external repo
A biopic, a coffee brand and dog treats among Dolly Parton's business projects still to come - Published Singer and businesswoman Dolly Parton, who died earlier this week, had a slew of projects in the pipeline including a biopic, documentary, avatar show, museum, travel stop for
Seemingly divergent policies from the US Federal Reserve and Treasury will be a key focus at a gathering of global central bankers, with bond yields nearing record highs and little respite on the horizon from dizzying global government debt levels. Investors will be watching the
Meta's $16.7 billion settlement in a federal social media addiction case represents a dramatic concession for the social media company after years of fending off attacks from state litigators. There could be much more to come. The settlement announced on Wednesday with California
Meta's $16.7 billion settlement in a federal social media addiction case represents a dramatic concession for the social media company after years of fending off attacks from state litigators. There could be much more to come. The settlement announced on Wednesday with California
Quantum computing used in 'first commercial game development' — IBM simulator generated maps, characters, and graphics in C.L.A.Y. RPG Quantum’s touted strengths in solving impossible problems, in simulations, and in complex modeling could also fit perfectly into next-generation