Stellantis NV is planning to invest about $10 billion in the US as the troubled maker of Jeep sport utility vehicles and Ram pickups refocuses on the market that’s pivotal to its profits, according to people familiar with the situation. The carmaker may announce in the coming weeks about $5 billion in fresh money on … Read more
Union Finance Minister Nirmala Sitharaman on Saturday (October 4, 2025) said financial assets worth ₹1.84 lakh crore were lying unclaimed with banks and regulators, and officials need to ensure these reach the rightful owners. Ms. Sitharaman launched the three-month Apki Poonji, Apka Adhikar (Your Money, Your Right) campaign from Gandhinagar in the presence of Gujarat … Read more
International Holding Company (IHC), a leading Abu-Dhabi based global investment company is investing Rs 8,850 cr ($1 Bn) into Sammaan. Transaction comprises of 33 cr equity shares at Rs 139/ share (18% discount to previous day’s price) aggregating to Rs 4,587 crore; and 30.7 cr warrants, convertible into equity shares, for Rs 4,263 crore. Above … Read more
The M3M Hurun India Rich List 2025 highlights the sectors driving wealth creation in India, showing a continued concentration of wealth in pharmaceuticals, industrial products, chemicals, and software, while emerging sectors like jewellery and construction are producing fresh billionaires. As per the latest report, pharmaceuticals continue to lead the pack, with 137 individuals featured in … Read more
Roshni Nadar Malhotra, Chairperson of HCL Technologies, emerged as India’s richest woman, according to the M3M Hurun India Rich List 2025, released on Wednesday. Making a debut on the list, she and her family secured the third spot with a wealth of Rs 2.84 lakh crore. This marks a historic first, as a woman has … Read more
Amid intense speculation over Tata Sons‘ perceived non-compliance with the RBI‘s mandate to list, Governor Sanjay Malhotra on Wednesday said an entity can continue to do business till its registration is not cancelled. The central bank had asked a set of entities, including Tata Sons, the holding company of the salt-to-software conglomerate, to list by … Read more
Tesla CEO Elon Musk on Wednesday (October 1, 2025) became the first person in history to achieve a net worth of nearly $500 billion, propelled by a rebound in the EV company’s shares and surging valuations of the tech entrepreneur’s other startups. Mr. Musk’s net worth stood at $499.5 billion as of 3:55 p.m. E.T., … Read more
New project announcements by the Indian private sector surged to nearly a 15-year high in the first half of the ongoing financial year 2025-26, even as new government projects and those by foreign companies slumped during this period. The value of new project announcements by governments in India — both Central and State — fell … Read more
OpenAI, the company behind ChatGPT, has reached a valuation of $500 billion, following a deal in which current and former employees sold roughly $6.6 billion worth of shares, a source familiar with the matter told Reuters on Thursday (October 2, 2025). This represents a bump-up from its current valuation of $300 billion, underscoring OpenAI’s rapid … Read more