Eyewear firm Lenskart will invest approximately Rs 53 crore to increase its stake in overseas arms, Owndays and Lenskart Singapore, a company filing said on Wednesday. The company will acquire…
Category: Companies
Mark Zuckerberg ‘feeling weight of’ mass layoffs at Meta, says ‘success isn’t a given’ in memo
Meta on Wednesday – about 10 per cent of its global workforce – as the company shifts its resources towards its artificial intelligence ambitions. As the axe fell on Meta…
From Saudi Aramco to Alibaba: 7 biggest IPOs before Elon Musk’s SpaceX market debut
As Elon Musk’s for what could become the largest in history, investors are revisiting the blockbuster public offerings that previously dominated global markets. Reports suggest SpaceX may seek a valuation…
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…
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…