After five years of exiting international businesses to cut down losses, auto major Mahindra and Mahindra is ramping up its focus on global markets through a niche pick-up truck segment, which has given it a footing in the South African market. Its management said on Saturday that the company wants to target global markets, including … Read more
A century-old business house that became a household name with products like the Cinthol soap and Godrej shaving cream, is set to receive the next generation leader to the corner office today – Pirojsha Godrej. The 45-year old takes to thrills like jet skiing, but his love for Gandhian values is what will drive the … Read more
N Chandrasekaran announced that he will not seek another term as chairman of Tata Sons after his current tenure expires. (Reuters file photo) N Chandrasekaran, who has decided to step down as Tata Sons chairman, told employees to ignore the speculation and conspiracy theories circulating over the group’s leadership transition. Earlier today, N Chandrasekaran announced … Read more
In a sudden announcement, the Company has announced that Mr Sudhir Sitapati has resigned and is replaced by Mr Aasif Malbari. It has been a surprise to everyone as – The change is immediate. No notice period. Five years back when Sudhir was appointed, market had cheered and had put it’s bet on him transforming … Read more
Accel, the Silicon Valley venture capital firm that placed some of the earliest bets on Flipkart and Swiggy, is deepening its commitment to India as artificial intelligence reshapes how startups are built. The firm has raised $550 million for its ninth early stage India fund, part of a $3.5 billion haul across four new global … Read more
Nvidia said on Monday it has partnered with six major financial institutions to launch compute financing platforms aimed at raising over $500 billion in third-party capital for AI infrastructure. The move highlights how surging demand for AI computing capacity is drawing institutional investors, as governments, companies and startups race to build out data centers to … Read more
The government sought to shut down speculation on plans to impose fees on the country’s ubiquitous digital payments network, saying on Saturday (August 8, 2026) that consumers will not have to pay transaction charges for using UPI, while the vast majority of merchant transactions will also remain free. The government said any future merchant discount … Read more
Audience measurement and media intelligence company Nielsen has agreed to acquire digital advertising verification platform DoubleVerify in an all-cash transaction valued at about $2.15 billion, as it seeks to build an end-to-end independent media intelligence platform for the advertising industry. Under the definitive agreement, DoubleVerify shareholders will receive $13.60 per share in cash, representing a … Read more
The old average had a basic flaw. An index fund promises to match the index, and the index is built on closing prices. From August 3, 2026, the closing price of every stock in the F&O segment comes from an auction instead of a 30-minute average. Long-term investors need to do nothing. Traders, index funds … Read more