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3 mins read

Likhitha Infrastructure IPO allotment status to be announced today— here’s how to check share allotment status

The ₹61.2 crore IPO of Hyderabad-headquartered oil and gas pipeline infrastructure service provider…

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5 mins read

COVID-19 had massive impact on Indian aviation sector in 2020

The government also had to extend the deadline for submitting bids for Air India five times duri…

PTI   


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4 mins read

Former Wipro and Mindtree exec’s firm Happiest Minds Tech’s ₹702 crore IPO⁠ — what works for it and what doesn’t

The IPO will remain open for subscribers until September 9. And, the company has fixed the issue…

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Nobel Prize in Physics 2020 goes to Roger Penrose, Reinhard Genzel and Andrea Ghez for discovering ‘the darkest secrets of the universe’

The Nobel Prize in Physics this year will be split between three laureates. One half goes to Roger …

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2 mins read

Softbank's $9 billion net loss last year has a lot to do with Uber and WeWork

The Softbank Vision Fund had $75 billion invested in 88 startups but they were worth 7% less in…

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4 mins read

The new stimulus includes $15 billion for airlines to bring back furloughed workers but their jobs may only last a few months

United Airlines told furloughed employees to expect their recalls to be temporary as travel is stil…

Thomas Pallini   


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FPIs pump ₹11,631 crore in Indian equities in April, rupee appreciation gives a boost

Foreign portfolio investors (FPI) pumped ₹11,631 crore into Indian equities in April, building on t…

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1 min read

Tesla stock dive sends market cap of the green energy darling below oil giant Exxon Mobil's

On Wednesday, Tesla's market cap was $436 billion compared to $445 billion for Exxon Mobil.

Brian Evans   


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The slowdown in unicorn creation may be there for the next two months too

No Indian startup achieved the billion dollar unicorn status in the month of April 2022, which seem…

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India's most wanted borrower Vijay Mallya gets sentenced to 4 months in jail

The Supreme Court on Monday awarded four-month sentence to fugitive businessman Vijay Mallya in a c…

PTI   


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After Freshworks, Icertis is looking for an IPO for next year in the US

Icertis is planning to go for an initial public offering (IPO) in the United States by next year

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How to invest during a stock-market crash: Top Wall Street experts share their recommendations and analyses

Market gurus share their insights on why stocks are volatile, what to buy to take advantage of a co…

Business Insider   


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Brace for higher LPG, petrol and diesel prices as crude oil prices rise to a 3-year high

Source: PPAC, Investing.com, Crude oil prices per barrel, …

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Warren Buffett's Berkshire Hathaway has scored a $12 billion gain on American Express and Bank of America this year

The billionaire investor's company has made about $4 billion on American Express and $8 billion on …

Theron Mohamed   


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2 mins read

SoftBank aims to raise up to $525 million for its own blank-check company

The special-purpose acquisition company, or SPAC, aims to partner with "a fast-growing, IPO-ready t…

Ben Winck   


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RBI clarifies restructuring only for loan accounts without any defaults as of March 1

This is because the restructuring framework is applicable only for eligible borrowers who were clas…

PTI   


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5 mins read

Time to take profit off the table or keep trailing stop loss

The week gone by saw markets on a roll and score handsome gains on every day of the week. BSESENSEX…

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First blank-check ETF begins trading as SPAC euphoria continues

The ETF — which has SPAK as its ticker— will track companies created through SPAC mergers and blank…

Ben Winck   


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Biden is picking a fight on corporate taxes with Disney, Fedex, and others. Senate Democrats may go easier.

The brawl could be "ugly as hell," a former Democratic aide said, as former Senate Democrats who ar…

Joseph Zeballos-Roig   


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4 mins read

India will have to pay Cairn $1.2 billion ending one of the biggest tax disputes of the decade⁠— but the tax department may not have given up yet

At the start of the decade, the Indian government had a claim of ₹24,500 crore (over $2 billion at …