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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
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 …
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.
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…
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…
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
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
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…
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…
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
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 …
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
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…
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
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…
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
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
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
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
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…