Hero Motors Ltd, a subsidiary of two-wheeler giant Hero Motors Company (HMC) Group, has unexpectedly withdrawn its Rs 900 crore initial public offering (IPO), according to a regulatory update from the Securities and Exchange Board of India (SEBI) on Monday. The sudden move is sending ripples through the automotive and financial sectors. Hero Motors had […]
In a recent appearance on the popular podcast Call Her Daddy, Vice President Kamala Harris addressed criticism from Arkansas Governor Sarah Huckabee Sanders, who questioned Harris’ understanding of family due to her lack of biological children. Harris firmly rejected the criticism, stating that families take many forms, rooted not just in blood but in love. […]
In a shift in the legal information landscape, Thomson Reuters, the multinational media conglomerate, has announced that it is selling its FindLaw business to Internet Brands. FindLaw, a prominent player in the online legal information sector, offers a wide array of resources including legal news, blogs, and comprehensive information on state and federal laws. The […]
The Indian stock market is on the cusp of a critical week, with the upcoming RBI Monetary Policy Committee (MPC) meeting, second-quarter (Q2) corporate earnings, and industrial production (IIP) data expected to shape market trends. Investors are bracing for potential volatility as these key indicators, combined with global market dynamics and geopolitical tensions, will provide […]
India’s real estate sector, already the second-largest employer after agriculture, is on track to become the country’s leading job creator, according to industry leaders. With a compound annual growth rate (CAGR) of 18.7 percent, the sector is seeing unprecedented expansion, making it a key hub for young talent. The real estate industry is booming in […]
The Biden administration has announced a significant shift in its immigration policy as the U.S. Department of Homeland Security (DHS) said that it will not renew a temporary humanitarian entry program for hundreds of thousands of migrants who have U.S. sponsors and entered the country in recent years. The program, known as the parole program, […]
The makers of Freedom at Midnight, a political thriller series, have released a new teaser featuring Sidhant Gupta, Chirag Vohra as Mahatma Gandhi, and Rajendra Chawla. The teaser spotlights the intense conflict between Gandhi and Muhammad Ali Jinnah amidst the backdrop of India’s struggle for independence. Inspired by Dominique Lapierre and Larry Collins’ acclaimed book, […]
Bollywood star Alia Bhatt stunned fans with an unexpected appearance at Grammy-winning DJ Alan Walker’s concert in Bengaluru. As videos of the moment flood social media, one clip captures Bhatt greeting the crowd with a cheerful “Namaskara (Hello) Bengaluru. Surprise, surprise!” Dressed in a sleek blue off-shoulder dress, Bhatt waved to the ecstatic audience while […]
The International Longshoremen’s Association (ILA), a major US union representing around 45,000 dockworkers, has ended its strike after reaching a tentative agreement with the United States Maritime Alliance (USMX), which represents ocean carriers and port operators. The strike, which began on October 1, 2024, was the first large-scale strike by the ILA since 1977, affecting […]
In a significant development in India’s burgeoning IPO market, SoftBank-backed food delivery giant, Swiggy, has received approval from its shareholders to increase the size of its fresh issue in its upcoming IPO. The approval will allow the company to raise the fresh issue size to 50 billion rupees ($595 million), a substantial increase from the previously […]
Hyundai Motor India, the country’s second-largest car manufacturer, is reportedly planning to launch a $3 billion Initial Public Offering (IPO) on October 14, 2024. This IPO, if it goes ahead, would be the largest in India after the Life Insurance Corporation’s (LIC) IPO, which was around Rs 21,000 crore. The IPO of Hyundai Motor India Limited […]
In a significant development that has caught the attention of millions of devotees worldwide, the Supreme Court of India has ordered an independent Special Investigation Team (SIT) probe into the controversy surrounding the alleged use of animal fat in the preparation of Tirupati laddus. These laddus are a sacred prasadam at the Sri Venkateswara Temple in Tirupati. The probe […]
Suzlon Energy, a prominent renewable energy solution provider, has recently been under the market’s microscope due to a significant drop in its share price. The company’s shares took a 5% hit after receiving an ‘advisory cum warning’ letter from the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). This development has sparked concerns […]
Indian markets were hit hard on Thursday as escalating geopolitical tensions in the Middle East led to a sharp decline in equity indices, wiping out Rs 10 lakh crore in market capitalization. The benchmark BSE Sensex nosedived 1,769 points (2.10%), closing at 82,497, while the Nifty 50 plunged 546 points (2.12%) to 25,250. This broad […]
Tech billionaire Elon Musk has become the first person to reach 200 million followers on X, the social media platform he acquired in October 2022 for $44 billion. Musk, the owner of X, now leads in followers ahead of former US President Barack Obama, who has 131.9 million, and football superstar Cristiano Ronaldo, with 113.2 […]
Vijay’s much-anticipated farewell film, tentatively titled Thalapathy69, is officially launching today with a pooja ceremony in Chennai. The film’s shoot is expected to begin tomorrow, kicking off with a song sequence, though the makers have yet to confirm this schedule publicly. Amidst the buzz, fans are eagerly waiting for clarification on persistent rumors that Thalapathy69 […]
Devara: Part 1, the latest action epic starring Jr NTR and Janhvi Kapoor, has made a significant impact at the box office, amassing Rs 353.24 crore globally within just six days of its release. Directed by Koratala Siva, the film has enjoyed a strong boost in collections, particularly on its first Wednesday, due to the […]
Cerebras Systems, a rising player in the AI hardware space, is looking to challenge Nvidia’s dominance as it gears up for a major IPO. Nvidia, whose chips are crucial for training AI models like OpenAI’s ChatGPT, has seen its market value soar nearly 600% since ChatGPT’s rise. However, Cerebras, backed by investors like Altimeter and […]
OpenAI has shattered records by securing a monumental $6.6 billion in funding, a move that could elevate its valuation to an eye-popping $157 billion. This latest round, fueled by a diverse group of investors, positions the AI powerhouse at the forefront of global tech innovation despite undergoing significant internal shifts. Investor Confidence Amidst Executive Changes […]
The escalating conflict in the Middle East, particularly between Iran and Israel, has sent shockwaves through global markets, with India feeling the tremors. The Nifty 50 index and the S&P BSE Sensex, key indicators of the Indian stock market, have both seen a decline of over 1%. At 9.38 a.m., Sensex was down 589 points […]