Business News

Business

ServiceTitan's Spectacular IPO: Valuation Soars to Nearly $9 Billion

ServiceTitan's shares rose 42% in their U.S. market debut, valuing the cloud-based software company at nearly $9 billion. The company's strong performance in the IPO market reflect...

Business

ServiceTitan Soars 42% in IPO Debut, Valuing Software Startup at $8.97 Billion

ServiceTitan's shares jumped 42% in their U.S. market debut, valuing the cloud-based software company at $8.97 billion. The IPO's success reflects strong investor confidence in the...

Business

Higher Petrol and Diesel Margins: A Boon for Oil Marketers Amid Lower Crude Prices

The marketing margins on petrol and diesel have risen significantly, reflecting a 34% jump over the previous quarter, driven by lower crude prices and steady refining operations.

Business

Warner Bros Discovery Plans Major Restructuring Amid Cable Decline

Warner Bros Discovery announces a strategic split of its cable TV business from streaming and studios, aiming for potential sales or spin-offs as cord-cutting rises. Shares surged ...

Business

BlackRock Suggests Bitcoin Could Make Up 2% of Your Portfolio

BlackRock suggests investors allocate up to 2% of their portfolio to Bitcoin, citing its potential for diversification despite risks. The firm also highlights the success of its Bi...

Business

Intel Executives Consider Spinning Off Manufacturing Division Amid Restructuring

Intel's Co-Chief Executives, Michelle Johnston Holthaus and David Zinsner, suggest the possibility of spinning off the company's manufacturing division, reflecting a strategic shif...

Business

Zomato Faces Massive Tax Demand: Rs 800 Crore in Taxes and Fines

Zomato has received a tax demand of Rs 803.4 crore from the GST department, related to non-payment of GST on delivery charges. The company plans to appeal the decision, asserting a...

Business

IndiGo Flights Relocated to Delhi Airport's T1 to Ease Congestion at T2

Delhi Airport is shifting IndiGo flights from T2 to T1 to ease congestion ahead of the peak travel season. T1, partially closed since June, is now handling additional flights as pa...