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2 mins read

Nvidia just recorded the biggest single-day wipeout by a US company

Nvidia stock fell 9.5%, shedding $278.9 billion in valuation. The loss is tied to concerns that inc…

Shubhangi Goel   


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4 mins read

Indian smartphone shipments up 3% in Q3 – Vivo leads the market but Samsung wins the value game

Indian smartphone shipments have received a boost in Q3, recording a 3% year-on-year growth, which …

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1 min read

Stock market rebounds after one-year low; Sensex and Nifty regain ground amid value buying

The Sensex gained 679 points, and the Nifty rose by 186.55 points on Monday.

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2 mins read

India's M&A deal value surges 66% in 2024, bucks global trends of just 10% uptick in value

India is outpacing this trend with a 66% surge in M&A activity, as compared to a 5% decline noticed…

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2 mins read

Paytm declares Q2 results, earns Rs 930 crore as windfall gains by way of sale of ticketing business to Zomato

Notably, in the absence of this windfall gain, Paytm's finances would still be in red, with the com…

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3 mins read

Tech Mahindra profit jumps over 2-times to ₹1,250 crore in Jul-Sep quarter

Revenue rose by 3.49 per cent to Rs 13,313.2 crore in the second quarter of 2024-25 compared to…

PTI   


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3 mins read

Fast food chains are locked in a 'value war' for US customers

McDonald's, Starbucks, and others this week have highlighted a "value war" as customers push back o…

Dominick Reuter   


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2 mins read

JioStar announces plans starting at ₹15 – here’s everything you need to know

Reliance Industries and The Walt Disney Company have finally completed the much-awaited merger of t…

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1 min read

As Nvidia dethrones Microsoft, check out the world's top 10 most valuable companies

Days after reaching the second position, Nvidia dethroned Microsoft to become the world's most valu…

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1 min read

Dogecoin surpasses Ford in value as Trump's win propels total crypto market cap to $3 trillion

Other notable companies dogecoin is now bigger than include Allstate, Keurig Dr Pepper, and Kimberl…

Matthew Fox   


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2 mins read

E-commerce sales expected to reach ₹1.2 lakh crore this festive season

The festive season is here and e-commerce giants Amazon, Flipkart and other companies have started …

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1 min read

Microstrategy is raising $42 billion — almost its entire market value — to buy more bitcoin

Microstrategy plans to issue debt and equity over three years to buy bitcoin. Its stock is trading …

Matthew Fox   


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Afcons Infrastructure IPO: Offer subscribed to 0.28x on day 2. Should you invest?

Globally, Afcons has undertaken multiple "first of its kind" infrastructure projects, like building…

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3 mins read

China's luxury slump is trickling down to other consumer companies

Companies like Starbucks, Nike, and Estée Lauder have reported falling sales in China as weak consu…

Madeline Berg,Huileng Tan   


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2 mins read

Afcons Infra fixes IPO price at Rs 440-Rs 463 per share, issue to open on October 25

Afcons will reportedly use around Rs 80 crore from IPO proceeds to fund capital expenditure and pur…

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4 mins read

Advertisers are scrutinizing the value of AI tools as some early efforts fall flat

Two years after OpenAI's ChatGPT and other chatbots launched, advertisers' excitement over generati…

Lucia Moses,Lara O'Reilly   


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5 mins read

Inside Wall Street's efforts to value OpenAI: Who's involved, how it could work, and what's at stake for the banks

Valuing OpenAI will be a stressful, drawn-out process with little to no financial gain for Wall Str…

Reed Alexander   


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1 min read

Nvidia dethrones Apple as the world's most valuable company

Nvidia stock jumped as much as 3% on Friday to an intra-day high of $144.13, catapulting its market…

Matthew Fox   


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Baazar Style Retail shares make flat market debut; list at par with issue price

Later, it jumped 7.18 per cent to Rs 416.95 on the BSE. At the NSE, shares of the firm surged 7…

PTI   


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2 mins read

OpenAI is making moves toward becoming a for-profit company

OpenAI is in preliminary talks with the California attorney general's office about the process to b…

Erin Snodgrass