Chip-making giant Nvidia Corp. has invested $2 billion in the stock of chip-design software company Synopsys Inc. as part of a wider engineering and design partnership, marking the latest substantial investment by the company in one of its suppliers. Nvidia purchased the shares at $414.79 each, the company stated in a press release on Monday. … Read more
The Insolvency and Bankruptcy Code (IBC) has so far played a significant role in enhancing India’s ease of doing business, but despite its successes, there are “persistent and systemic challenges” that undermine its optimal performance, the Parliamentary Standing Committee on Finance has said. In its ‘Review of Working of Insolvency and Bankruptcy Code and Emerging … Read more
The target startups must be a part of Accel’s Atoms accelerator programme – an early-stage support initiative for Indian and Indian-origin founders. Accel started the Atoms programme back in 2021 and has so far invested in nine AI companies through the accelerator. These are: Anko, BPR Hub, dubdub.ai, FinSynth, HighRev.ai, Ripik.ai, Rocket (formerly known as … Read more
Swiggy and Eternal (formerly Zomato) told stock exchanges that India’s new labour codes, rolled out Friday with immediate effect, would not have any “material impact” on their business. But analysts say the math points the other way: once the mandated contributions kick in, the Code on Social Security 2020 (CoSS), levy is likely to push … Read more
Kotak Mahindra Bank on Friday said its board has approved a sub-division of equity shares in a 1:5 ratio to make the stock more affordable and enhance market liquidity. The decision was taken on the lender’s 40th foundation day and is subject to statutory and regulatory approvals, the private sector bank said in a regulatory … Read more
IndiGo has approved a capital investment of ₹7,294 crore to enable ownership of their aircraft instead of their leasing. The airline said in a statement that it has “approved a capital investment of $820 million (nearly ₹7,294 crore) in its wholly owned subsidiary, InterGlobe Aviation Financial Services IFSC Private Limited. The funds raised by IndiGo … Read more
Indian-origin steel magnate Lakshmi N. Mittal, until now based in Britain and a regular on the country’s richest billionaires tally, has decided to quit the U.K. as the Labour Party-led government’s feared tax shake-up for the super-rich nears, according to a U.K. media report on Sunday (November 23, 2025). Rajasthan-born Mittal is a resident in … Read more
India’s affluent investors are increasingly gravitating toward specialised wealth products, according to online brokerage firm Groww’s Q2FY26 results. The brokerage noted a sharp rise in its affluent user base, which now constitutes a growing share of total customer assets. According to Groww, the segment is expanding rapidly, showing 52% year-on-year growth compared to 20% for … Read more
Oracle Corp., the once stodgy database giant that’s borrowed tens of billions and tethered its fortunes to the artificial intelligence boom, is quickly emerging as the credit market’s barometer for AI risk. Traders have piled into the company’s credit-default swaps in recent months as Oracle’s massive AI-related spending spree, its central role in a web … Read more