Business News

Business

Record-Breaking IPOs: 2.2L Cr Investor Demand in 2024

Three large IPOs in India, including Vishal Mega Mart, Sai Life Sciences, and One Mobikwik, attracted investor interest worth Rs 2.2 lakh crore, marking a record year for IPOs.

Business

TikTok Faces Imminent US Ban as Appeals Court Denies Emergency Motion

A U.S. appeals court has rejected TikTok's emergency bid to temporarily block a law requiring its Chinese parent company, ByteDance, to divest the app by January 19, potentially le...

Business

Tim Cook Set to Meet Trump Amidst EU Penalties and Market Dominance Concerns

Apple CEO Tim Cook is set to meet with President-elect Donald Trump at his Mar-a-Lago resort in Florida, amidst concerns over EU penalties and market dominance issues. Business lea...

Business

India's Wine Revolution: How Premiumization is Shaping the Market

India's wine market is experiencing a shift towards premiumization, presenting growth opportunities for Moet Hennessy India. Despite challenges from high taxes and complex regulati...

Business

Sebi Mulls Opening Algo Trading to Retail Investors: A Game-Changer for Market Dynamics

Sebi is considering allowing retail investors to participate in algo-based trading, currently exclusive to institutional investors. This move aims to level the playing field and in...

Business

Sensex Surges Over 2,000 Points Amidst FPI Buying Spree

The Sensex saw significant volatility, swinging over 2,100 points intraday and closing at a two-month high due to strong FPI buying. Sectoral support and global factors are expecte...

Business

Global Stocks Slip as Bond Yields Climb Amid Fed Rate Hike Speculations

Global stocks decline as bond yields rise with focus on upcoming Fed meeting. Investors anticipate potential pause in policy easing following an expected rate cut. Inflation concer...

Business

OpenAI Defends For-Profit Conversion Against Elon Musk's Legal Challenge

OpenAI plans to ask a California judge to reject Elon Musk's request to halt its conversion to a for-profit company, releasing emails to show Musk initially supported the move. Mus...