Air India Express has raised its borrowing limit by 25% to ₹17,500 crore to fund near-term and next-fiscal operations, marking its third increase since merging AirAsia India in 2024 and…
Category: Companies
SpaceX IPO: Musk may offer 30% stake to retail investors as company plans April briefings
SpaceX is planning to hold briefings from its executives in April as the Elon Musk-led company moves closer towards its initial public offering, according to a report by Bloomberg. This…
Who is Lindsay-Rae McIntyre? Microsoft’s diversity head quits as HR team undergoes major AI-first restructuring
Microsoft chief diversity officer Lindsay-Rae McIntyre is stepping down from the software company as it undergoes a major human resources overhaul to capitalise on growing artificial intelligence demand. Amy Coleman,…
Investing in IPL a proxy for India consumption story: RCB co-owner Aryaman Birla
MUMBAI: Royal Challengers Bengaluru co-owner sees the Indian Premier League (IPL) as more than cricket—it is a mirror of India’s consumption story. “As the Indian middle class grows and the…
JSW benchmarks itself against global leaders, says Parth Jindal
For JSW Group scion Parth Jindal, the sale of two Indian Premier League teams for more than $3.4 billion combined was a vindication of a bet he made about seven…
upGrad eyes Unacademy deal at 90% markdown over 2021 valuation
upGrad is finalizing Unacademy’s acquisition at a more than 90% markdown from its edtech rival’s 2021 valuation and also below what it was willing to accept in the previous round…
Renewable energy firms plug into broader play for scale, growth
Mumbai: Amid excess capacity and rising competition, renewable energy firms in India are looking to diversify beyond their core businesses to capture a larger share of the value chain, improve…
Anthropic vs Pentagon: Court grants injunction, questions govt’s move to ‘cripple’ AI firm
A federal judge in San Francisco has granted a preliminary injunction in favour of artificial intelligence company Anthropic, marking a significant early victory in its legal confrontation with the Trump…
From beer to cosmetics, Asia feels full force of war-fuelled energy crisis
(Repeats story with no changes to text) * Asia most vulnerable to Middle East supply disruptions * South Korean businessman says suppliers raising prices up to 50% * Cosmetics container…
Millennium and Engineers Gate Wind Down Hedge Fund Partnership
(Bloomberg) — Millennium Management is in the process of taking back cash it gave to Engineers Gate to trade on its behalf, after the hedge funds agreed to end their…