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2 mins read

Karnataka to present bill mandating 100% reservation for Kannadigas in private firms' C and D grade posts

The Karnataka cabinet has approved a bill mandating 100 per cent reservation for Kannadigas in pri…

PTI   


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2 mins read

Kannadiga reservation quota bill to be taken up in next cabinet meeting to discuss "confusions": K'taka CM

​The Chief Minister posted another message saying that there will be 50 per cent reservation in the…

PTI   


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1 min read

Private credit deals to touch $10 billion in 2024, says EY report

Major deals were seen across real estate, infrastructure, and healthcare sectors in the first half …

PTI   


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1 min read

One private-equity firm controls more than a dozen of the biggest restaurant chains

From Subway to Arby's to Dunkin', Roark Capital Group owns almost 20 major US restaurant chains.

Alex Bitter   


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1 min read

Warren Buffett's private jet firm NetJets is suing its pilots' union over claims of defamation

The 3,400-member union for NetJets pilots accused the Berkshire Hathaway-owned firm of lackluster s…

Pete Syme   


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4 mins read

Scammer's friend in 'Inventing Anna' wants journalist's private notes to fuel her defamation lawsuit against Netflix

Rachel Williams is suing Netflix over her portrayal as a friend of Anna Sorokin (AKA Anna Delvey) i…

Jacob Shamsian   


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2 mins read

OpenAI is reportedly raising at a $150 billion valuation — making it worth more than 88% of Fortune 500 firms

The company is also looking to raise $5 billion in debt, Bloomberg reported.

Shubhangi Goel   


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1 min read

Applied Digital stock soars 76% after Nvidia participates in $160 million funding for the data center firm

Applied Digital is the latest AI stock to grab Wall Street's attention. The company builds and oper…

Matthew Fox   


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14 mins read

Veteran analysts say the world's biggest private-equity firm could be in big trouble

Blackstone's real-estate fund, BREIT, boasts assets of $114 billion. But is it a house of cards?

Bethany McLean   


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1 min read

Battery maker and recycling firm Lohum raises $54 million

Lithium-ion battery pack maker and recycling firm Lohum on Wednesday said it has secured USD 54 mil…

PTI   


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2 mins read

Time for a govt job? Karnataka announces impressive 27% pay hike for state employees

Karnataka cabinet approves 27.5% salary hike for seven lakh state employees, surpassing India Inc.'…

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2 mins read

Byju's CEO, investors responsible for edtech firm's downfall: UpGrad's Ronnie Screwvala

Ronnie Screwvala, serial investor and Co-founder/Chairperson of edtech platform upGrad, on Wednesda…

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4 mins read

SEBI working on a model offer document for firms to 'fill in the blanks' to get IPO approvals, says Buch

SEBIs Madhabi Puri Buch revealed initiatives to speed up IPO approvals with a new templated approac…

PTI   


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1 min read

Gujarat-based packaging equipment firm Mamata Machinery files IPO papers with Sebi

Those selling shares under the OFS are Mahendra Patel, Nayana Patel, Bhagvati Patel, Mamata Grou…

PTI   


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2 mins read

A Chinese firm's answer to Elon Musk's Starlink just launched its first satellites for the thousands-strong network Beijing plans to build

The Thousand Sails Constellation is planned to bring 15,000 satellites into orbit, and is one of th…

Matthew Loh   


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6 mins read

India could emerge as an economic superpower amid dull global economic landscape

IMF, World Bank and prominent rating agencies have predicted further slow-down in global growth thi…

ANI   


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2 mins read

Private jets are taking over a small-town Idaho airport for the annual 'summer camp for billionaires'

The small local airport is managing heavy private-jet traffic and logistical challenges ahead of th…

Taylor Rains,Grace Kay,Madeline Berg   


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1 min read

A new fund that allows investment in private tech firms like SpaceX and OpenAI has seen its market value surge as much as 818% in 2 weeks

The fund's price spiked as much as 126% during the day on Friday after posting a 58% gain over the …

Matthew Fox   


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6 mins read

A lawyer dreamed of disrupting the legal industry with private equity. It turned into a nightmare.

Steve German, an Arizona lawyer, was one of the biggest boosters of allowing private-equity firms l…

Jack Newsham   


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1 min read

Russia's biggest private lender is expanding to China after being hit by US sanctions

The bank, owned by the Russian oligarch Mikhail Fridman, is looking to build new offices in China B…

Jennifer Sor