SpaceX filed publicly for its initial public offering, revealing billions in losses and the super-voting share plan allowing Elon Musk to keep the rocket, satellite and artificial intelligence giant under…
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Marriott bets on outbound Indian travel surge, rewires loyalty into experiences
American hospitality chain Marriott International is betting on a surge in outbound Indian travellers despite temporary disruptions from the West Asia war and Prime Minister Narendra Modi’s call for austerity,…
Microfinance sector recovers after stress cycle but caution prevails amid geopolitical, inflation risks
MUMBAI: India’s microfinance institutions (MFIs) are returning to growth mode after almost two years of sector-wide stress, but management commentary indicates the recovery will be measured and cautious as these…
Elon Musk’s SpaceX files for what could be biggest IPO in stock market history – Key Takeaways
SpaceX, Elon Musk’s rocket, satellite and artificial intelligence company, filed documents on Wednesday to go public on the Nasdaq stock exchange, triggering what analysts are already calling the largest initial…
Tata Capital listing gain cushions Tata Sons from dividend fall blow
Mumbai/Bengaluru: A ₹6,700-crore windfall from the listing of Tata Capital will help Tata Sons offset an over 10% decline in dividend income from its listed companies, helping the holding company…
IRDAI may ease norms for insurance cos to invest more in REITs, InvITs
The insurance regulator is evaluating a proposal to ease investment norms for (REITs) and (InvITs) as strong investor response to recent infrastructure offerings, including the Rs 6,000 crore issue in…
James Murdoch to buy New York Magazine and Vox podcasts in $300 million deal
James Murdoch agreed to acquire New York Magazine and the Vox Media podcast network in a deal that will significantly expand his portfolio and stands to boost his influence over…
TCS CEO Krithivasan earns over ₹28 crore in FY26, still behind top IT CEOs: Here’s what his peers got
K Krithivasan, Tata Consultancy Services ()’s Chief Executive Officer (CEO) and Managing Director (MD), received a total remuneration of over ₹28 crore in FY26, according to the company’s latest annual…
OpenAI aiming for speedy IPO, source says, as market awaits SpaceX filing
By Echo Wang and Utkarsh Shetti May 20 – OpenAI is preparing to confidentially file for a U.S. initial public offering in the coming weeks, a source familiar with the…
Chicago Zillow Listings Disappear After Local Group Yanks Data
(Bloomberg) — In Chicago, scrolling Zillow for dream homes or apartments may soon be a thing of the past. The organization that manages the residential real estate listings in the…