Business
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Gameskraft Cofounders Arrested in ₹1,000 Cr Betting Fraud Probe
India’s Enforcement Directorate arrests 3 Gameskraft cofounders in a ₹1,000 crore betting fraud and money laundering investigation. Learn more about the probe.
LBSIM Earns Prestigious AACSB Accreditation
LBSIM joins the global elite with AACSB accreditation, a testament to its commitment to excellence in business education. Discover what this means for students and the institution.
EPFO ATM & UPI Withdrawals Coming Soon: EPFO 3.0 Update
EPFO to launch ATM & UPI withdrawals by end of May under EPFO 3.0. Get faster access to your provident fund savings. Learn more!
OnEMI Technology Solutions (Kissht Parent) Lists at 12% Premium
OnEMI Technology Solutions, parent of lending tech startup Kissht, debuts on stock exchanges at a 12% premium, signaling strong investor confidence in the fintech sector.
Skyroot Unicorn Status & Wint Wealth Bond Expansion
Skyroot Aerospace hits $1.1B valuation, becoming India’s first spacetech unicorn. Wint Wealth expands bond offerings, eyeing wealth management growth.
India’s Biggest Buying Opportunity Since COVID: Sandeep Tandon
Quant Mutual Fund CIO Sandeep Tandon sees India’s biggest buying opportunity since COVID-19, driven by undervalued market segments amid crude oil and rupee fears.
Indian Summer Travel: Soaring Airfares Force Plan Changes
Indian travellers face soaring airfares for summer trips due to rising jet fuel costs and fewer seats. Many are shifting to shorter domestic holidays.
Kodiak AI Stock Drops 37% After $100M Discounted Funding
Kodiak AI’s stock plunges 37% after securing $100M in funding at a significant discount, raising investor concerns about valuation and future prospects.
Gusto Hits $1B Revenue, Eyes IPO Readiness
Payroll and benefits leader Gusto surpasses $1 billion in actual revenue, signaling strong financial health and increased readiness for a potential public market debut.
India Banks Warned: AI Risks Emerge
India’s Financial Services Secretary M. Nagaraju alerts banks to emerging AI risks, including advanced models like Anthropic’s Mythos, urging preparedness for new cyber and tech threats.
Supreme Court: Consumers Not Liable for Idle Power Plant Costs
Supreme Court rules consumers aren’t liable for tariffs on non-operational power plants, overturning Tata Power Delhi Distribution Ltd. order. Protects consumers from paying for unused infrastructure.
Skyroot Aerospace: India’s 1st Spacetech Unicorn in $60M Funding
Skyroot Aerospace achieves unicorn status with a $60M funding round, becoming India’s first spacetech company. Read about the surge in Indian startup funding.
Lovable’s 10% Pay Raise Fights Toxic Workplaces
Lovable, a vibe coding platform, introduces an automatic 10% pay raise to combat toxic workplace cultures and foster a healthier, more equitable environment.
Kalshi Hits $22B Valuation with $1B Series F Funding
Kalshi, a prediction market startup, secures $1B Series F funding, reaching a $22B valuation. This doubles their worth in just five months.
Paytm Bets on AI for FY27 Growth Post-Profitability
Paytm achieves FY26 profitability and gears up for FY27 by strategically investing in AI, focusing on inorganic growth and AI ventures with a strong cash reserve.
Walmart CEO: India is a Dynamic Global Commerce Opportunity
Walmart CEO John Furner sees India as a key growth market, highlighting $40B+ in sourcing and a commitment to supplier development for global commerce.
ECLGS 5.0 to Aid 1.1 Crore MSMEs Amid West Asia Conflict
ECLGS 5.0 aims to support 1.1 crore MSMEs and aviation businesses, mitigating West Asia conflict disruptions, according to an SBI report. Learn more.
Kissht IPO Success: Investors See Strong Returns in Lending Tech
Kissht’s parent company, OnEMI Technology Solutions, launches IPO, delivering significant returns for early investors like Ventureast and Vertex Ventures in the booming lending tech sector.
India’s Tata, JSW Invest $1B in EV Tech, Cutting China Reliance
Tata Group & JSW Group invest nearly $1B in India’s EV and battery tech, aiming to reduce dependency on China and boost domestic capabilities.
Bengaluru Rent Hike Sparks US Expat Outrage: Rental Market Scrutiny
A US expat slams a 33% Bengaluru rent increase, exposing rental market challenges and comparing Indian practices to US norms. Read about tenant-landlord dynamics.
India’s Power Demand to Grow 5-5.5% in FY27: ICRA
ICRA forecasts India’s power demand to rise 5-5.5% in FY27, driven by industry, agriculture, households, EVs, and data centers. Distribution companies face financial challenges.
Air India Board Meets: Cost Cuts, CEO Search Amid West Asia Conflict
Air India’s board convened in New Delhi to address financial health, cost-saving measures, and CEO transition, with the West Asia conflict intensifying operational challenges.
Hyundai Creta 2026: Simplified Variants & Feature Consolidation
Hyundai India streamlines the 2026 Creta SUV lineup, discontinuing variants and consolidating features into top trims. Discover the impact on pricing and accessibility.
Vijay’s Investments: FD, Real Estate, Gold – Tamil Nadu Contender’s Portfolio
Explore Tamil Nadu contender Vijay’s election affidavit: a deep dive into his investments in Fixed Deposits, Real Estate, Gold, and PPF, revealing his financial strategy.
Emami Acquires 60% Stake in SkinKraft Parent IncNut for Rs 321 Cr
FMCG giant Emami Limited acquires a 60% stake in IncNut Digital, parent of Vedix & SkinKraft, for Rs 321 crore, expanding its personalized beauty and personal care market presence.
Skyroot Aerospace: India’s First Spacetech Unicorn After $60M Funding
Skyroot Aerospace achieves unicorn status with a $60M funding round, becoming India’s first spacetech unicorn at a $1.1B valuation. Read more!
United Breweries Leaks Draft Financials, Releases Final Results
United Breweries confirms accidental leak of draft financial results. Company promptly released final figures and is enhancing internal controls to prevent future incidents.
InCred Holdings IPO: ₹1,250 Cr Raise Filed with SEBI
InCred Holdings, parent of InCred Financial Services, files updated IPO papers with SEBI to raise ₹1,250 Cr, strengthening its lending operations.
Retirees Monetize Skills for New Income Streams
Discover how retirees are embracing ‘Retirement 2.0,’ leveraging skills and hobbies to create new income streams through entrepreneurship and social ventures.
Fairfax India Invests $211M to Boost IIFL Capital Stake to 51%
Fairfax India injects $211M to increase its stake in IIFL Capital to 51%, signaling strong confidence and fueling the financial services firm’s expansion plans.