Billion-dollar IPO coming! LG Electronics India may raise Rs 11,500 crore; valuation seen around $9 billion
LG Electronics India is preparing to launch its IPO in the week of October 6, aiming to raise approximately Rs 11500 crore ($1.3 billion). This ...
IT growth lifts Accenture: Revenue rises 7 per cent; new bookings reach $21.31 billion
Accenture, a global IT giant with a significant Indian workforce, announced a robust 7% revenue increase, reaching $17.60 billion for the June-August quarter. CEO Julie ...
Silver rate today: Silver hits record Rs 1.40 lakh per kg in Delhi; gold slips on weak retail demand
Silver prices in Delhi soared to a record high of Rs 1.40 lakh per kilogram, driven by strong global trends. Gold experienced mixed movement, with ...
H-1B fee increase to slightly dent Indian IT profits; industry boosts offshore delivery: Crisil Intelligence
Crisil Intelligence reports that the US’s increased H-1B visa fees are projected to slightly decrease Indian IT firms’ operating margins by 0.20%. Companies are already ...
US market today: Wall Street slips for a third straight day as tech drags; bond yields rise on growth surprises
Wall Street faced a downturn on Thursday, potentially ending a record-high streak, as strong economic data tempered expectations for Federal Reserve interest rate cuts. The ...
Big boost for food processing sector! Reliance and Coca-Cola bottlers pledge Rs 65,000 cr; boost employment
India’s food processing sector is set for a major boost with Reliance Consumer Products Ltd (RCPL) and Coca-Cola bottlers pledging over Rs 65,000 crore at ...
Starbucks layoff: Coffee giant to close US and Canada stores, cut 900 jobs in turnaround push
Starbucks is implementing a turnaround strategy that includes laying off approximately 900 non-retail employees and closing underperforming stores in the US and Canada. The company’s ...
Digital payments security: RBI mandates two-factor authentication; new norms kick in from April 2026
The Reserve Bank of India (RBI) is set to bolster digital payment security by mandating two-factor authentication across India’s payment ecosystem from April 1, 2026. ...
Tax audit deadline extended! Big relief for income taxpayers as CBDT extends last date to file audit report; check new due date
The CBDT has extended the deadline for submitting tax audit reports for the financial year 2024-25 to October 31, 2025, providing relief to taxpayers. This ...
IPO rush in India’s pharma sector: Sector eyes Rs 12,000 crore fundraising; 15 companies ready to enter market
India’s Pharma Sector Prepares for a Funding Surge: A New Wave of IPOs The Indian pharmaceutical sector is buzzing with activity, and the energy isn’t ...
