Five baby Vedantas will step into stock exchanges in May, three to bear most debt load
Vedanta is yet to finalize which resultant company will bear how much debt; however, each resultant company will get a…
Category: Business
Business
Apple Buys Israeli AI Startup That Interprets Facial Movements
Apple Inc. has acquired Israel-based artificial intelligence startup Q.ai, which develops technology for reading facial movements and understanding silent communication.
Blue Owl Investors Pull 15% of Assets From Tech-Focused Fund
Investors pulled around 15.4% of net assets from one of Blue Owl Capital Inc.’s tech-focused funds, following the vehicle’s decision…
First Brands Founder Charged With Fraud That Wiped Out Billions
First Brands Group founder Patrick James and his brother Edward, a former executive at the company, were indicted in New…
SpaceX, xAI in talks over merger ahead of potential IPO: Report
The proposed merger could boost Musk’s push into space-based AI and strengthen SpaceX’s defence credentials, analysts say. SpaceX is valued…
Adnoc Gas, TotalEnergies, Gunvor in fray for BPCL’s ₹35,000-crore LNG contract
India’s refiners and gas supply firms have been actively scouting for long-term gas contracts worldover in a bid to achieve…
ONGC to offload stake in petchem arm OPal, eyes global investors
The proposed share sale in ONGC subsidiary is part of the government’s requirement to offload stakes to monetize assets
Reliance to enter the bottled iced tea market with Brew House relaunch
The iced teas will be launched in two flavours, lemon and peach, for an entry price of ₹20 for a…
Mergers, headwinds, missed bets: How L&T missed growth targets for IT units set five years ago
L&T’s IT units, LTIMindtree and LTTS, are projected to underperform, missing ambitious growth targets due to economic uncertainties, a merger,…
India’s spacetech funding heats up as early startups near launches
Larger seed cheques, tougher competition and climbing valuations signal a shift in investor appetite for space startups.
