Financial Services Secretary M Nagaraju on Thursday said a fresh investment cycle is “vital” for the economy at this stage, and urged India Inc to step up their investments. In comments that come amid widespread concerns over sluggish private capital expenditure, Nagaraju said corporates are better placed for investments, pointing out that they are “enjoying … Read more
Mumbai, Delhi and Bengaluru consolidate their position as wealth capitals as do cities such as Hyderabad and Pune are emerging wealth hubs, according to the Mercedes-Benz Hurun India Wealth Report 2025, released on Thursday (September 19, 2025). Ahmedabad and Chennai are new entrants as emerging wealth hubs as India is now home to 8,71,700 dollar-millionaire … Read more
Nvidia on Thursday said that it will invest $5 billion in Intel and partner with the struggling chipmaker to build artificial intelligence infrastructure and personal computer products, in what the companies called a “historic collaboration.”As part of the agreement, Nvidia will buy Intel common stock at $23.28 a share, subject to regulatory approvals, AP reported. … Read more
In a surprise announcement, company has announced exit from it’s main business – the airport lounge access. That’s the business the Company was built upon, was known for and had got most of it’s fan following. (check my Company notes for details) There were speculations that this would eventually happen as the largest airport operator … Read more
The Federal Reserve cut its key interest rate by a quarter point Wednesday (September 17, 2025) and projected it would do so twice more this year as concern grows at the central bank about the health of the nation’s labour market. The move is the Fed’s first cut since December and lowered its short-term rate … Read more
The ₹19,000 crore Godrej Enterprises Group (GEG) has reorganised its 14 business verticals into three clusters to pursue an independent growth strategy with agility, scale and clarity at the core, said chairman Jamshyd Godrej. “We have to do everything we must to look at scale, we have to look at focus,” he said in an … Read more
Swiggy had to make a decision: It had made a strategic investment in Rapido three years ago, but the ride-sharing company was now eyeing its stronghold of food delivery. Finally, in July, Swiggy chose to sell the 12% Rapido stake that it had bought for $180 million in 2022. With this, Swiggy kills two birds … Read more
Apollo Tyres will be the new jersey sponsor of the Indian cricket team and will be shelling out approximately Rs 4.5 crores per bilateral game, significantly up from the Rs 4 crore previous sponsors Dream11 were paying. The sponsorship period is set to run until March 2028 with as many as 130 fixtures falling in … Read more
Zerodha co-founder and CEO Nithin Kamath has explained why the brokerage firm is not chasing an initial public offering (IPO), even as many Indian startups and financial services companies line up for listings. Responding to a question on Reddit about what makes Zerodha profitable and why the company has avoided going public, Kamath shared that … Read more