How India’s IPO boom is redefining its role in global capital markets

India’s capital markets are entering a phase where domestic fundraising is beginning to influence how global investors view the country’s economic weight. A rush of new listings, rising retail participation, and steady institutional interest have pushed IPO proceeds to a record level this year. Companies are advancing plans to list because demand for fresh equity… Continue reading How India’s IPO boom is redefining its role in global capital markets

Magnum goes solo as Unilever steps out of ice cream

Magnum begins life as an independent company on Monday, stepping into the public markets after completing a spinoff that marks a major shift for both the brand and its former parent, Unilever. The move finalises a separation that has been years in discussion, creating a standalone ice cream group whose listing on Amsterdam’s Euronext will… Continue reading Magnum goes solo as Unilever steps out of ice cream

The AI bubble may burst, but it won’t be as bad as many think

The excitement around AI has been almost unprecedented this century, but in recent months the mood has begun to sour. Investors and executives of some of the biggest AI companies have openly questioned if current investment levels can really be justified, given the future revenue projections of the industry. Google Chief Executive Sundar Pichai was… Continue reading The AI bubble may burst, but it won’t be as bad as many think

IndiGo stock slumps 7%: analysts warn rising costs could weigh on stock

InterGlobe Aviation, the operator of IndiGo, saw its share price fall more than 7% on Monday as the fallout from its widespread flight cancellations continued, prompting intensified scrutiny from India’s aviation regulator. The stock is now headed for its seventh straight session of losses after the airline cancelled more than 2,000 flights last week, leaving… Continue reading IndiGo stock slumps 7%: analysts warn rising costs could weigh on stock

US stocks advance as S&P 500, Nasdaq, Dow rally before high-stakes PCE reading

US stocks posted modest gains Friday as traders held their breath ahead of critical inflation data that could reshape the Fed’s rate-cut calculus. The S&P 500 rose 0.3%, the Nasdaq Composite climbed 0.4%, and the Dow Jones Industrial Average ticked up 89 points, or 0.2%. Street strategists remain laser-focused on the delayed PCE report, due… Continue reading US stocks advance as S&P 500, Nasdaq, Dow rally before high-stakes PCE reading

Interview: AI won’t take over travel agencies, it will boost standards, says CoTrav’s Sah

With hybrid and other flexible work models becoming a defining feature of India’s corporate landscape, business travel is emerging as more indispensable than ever. A Deloitte report projects the corporate travel market to grow at a 10.1% CAGR, doubling to US$20.8 billion by FY2030. Meanwhile, India’s overall travel market is expected to reach US$97 billion,… Continue reading Interview: AI won’t take over travel agencies, it will boost standards, says CoTrav’s Sah

Netflix says it plans to buy Warner Bros studio and streaming business

Netflix has agreed to acquire the studios and streaming businesses of Warner Bros Discovery (WBD) in a deal valued at $83 billion, marking one of the most consequential consolidation moves in Hollywood’s modern era. The massive takeover will position the streaming giant as the industry’s most powerful entertainment company. A deal that reshapes Hollywood The… Continue reading Netflix says it plans to buy Warner Bros studio and streaming business

EU hits Elon Musk’s X with $140M fine in first-ever Digital Services Act enforcement

The European Union’s first penalty under its online content law has placed new pressure on Elon Musk’s X platform as regulators move to shape how major tech firms operate in Europe. The €120 million ($140 million) fine, announced on Friday, has become a test case for how the bloc plans to enforce the Digital Services… Continue reading EU hits Elon Musk’s X with $140M fine in first-ever Digital Services Act enforcement

Cristiano Ronaldo invests in Perplexity to tap the fast-growing AI search boom

Cristiano Ronaldo has entered the artificial intelligence sector through a new stake in Perplexity AI. The move links one of the world’s most recognisable sports figures with a rapidly expanding search company that is positioning itself as a major challenger in the race for more conversational and efficient digital discovery tools. Perplexity announced the partnership… Continue reading Cristiano Ronaldo invests in Perplexity to tap the fast-growing AI search boom