Travel aggregator ixigo is set to raise Rs 1,296 crore from global investor Prosus. The company will issue equity shares to Prosus-affiliate MIH Investments One B V. ixigo plans to use the funds for growth, working capital, and general corporate…
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India’s financial conditions remained stable in September, with a slight dip in the Crisil Financial Conditions Index due to FPI outflows and a weaker rupee. Despite external pressures, the RBI may reduce the repo rate in upcoming meetings, supported by…
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LG Electronics India’s $1.3 billion IPO closed as the most subscribed billion-dollar offering in nearly two decades, attracting bids worth $49.9 billion. The appliance maker’s share sale was fully booked within hours, with investors anticipating strong growth and listing gains.…
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Global financial leaders — including Goldman Sachs, JPMorgan, the IMF, and the Bank of England — are warning that the AI-driven stock market boom may be nearing a tipping point. With Big Tech valuations soaring to historic highs and market…
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Tata Consultancy Services (TCS) announced plans to create 5,000 new jobs in the UK over the next three years, reinforcing its commitment to the region. The company also launched an AI Experience Zone and Design Studio in London to foster…
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India is set to open its electricity retail market to private companies. This move will end the monopoly of state-run distributors in certain states. Major players like Adani Power, Tata Power, Torrent Power, and CESC are expected to expand their…
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