Business News

Business

BlueStone Jewellery's Ambitious Rs 1,000 Crore IPO: A Bold Move in the Diamond and Gold Market

BlueStone Jewellery and Lifestyle has filed for an IPO to raise Rs 1,000 crore, including an OFS component for investors. The company reported a 64% revenue increase and has raised...

Business

Bill Ackman's Optimistic Outlook on America's Economic Future

Billionaire hedge fund manager Bill Ackman is optimistic about America's economy but sees uncertainty in Europe. He also suggests the current US administration has made the world m...

Business

BuzzFeed Sells 'Hot Ones' Creator to Soros-Led Group for $82.5M Amid Cash Crunch

BuzzFeed sells First We Feast, creator of 'Hot Ones,' to a Soros-led group for $82.5M. The move aims to alleviate cash crunch and shift focus to high-margin revenue streams. First ...

Business

Warner Bros Discovery Announces Strategic Split to Adapt to Streaming Era

Warner Bros Discovery plans to separate its cable TV and streaming/studio operations, aiming for potential sales or spinoffs amid cord-cutting trends. The move follows a $9 billion...

Business

Elon Musk's Net Worth Surges Past $400 Billion: What's Driving the Surge?

Tesla CEO Elon Musk's net worth has surged past $400 billion, driven by a 71% increase in Tesla's stock and the rising valuation of SpaceX. Musk's relationship with President-elect...

Business

Tesla Shares Soar to New Heights: What's Driving the Surge?

Tesla Inc. shares reached a new all-time high, driven by investor optimism over the company's Full Self-Driving technology and potential regulatory changes. Tesla CEO Elon Musk bec...

Business

Google's Old Search Format: A Threat to Hotel Traffic?

Google's test of its old search result format revealed decreased user satisfaction and hotel traffic, prompting the company to seek a solution that complies with EU tech rules.

Business

Pai Machines Acquires L&T Construction Equipment Division: A Strategic Leap into India's Growing Construction Sector

Pai Machines, a subsidiary of Infra Bazaar Tech, has acquired L&T Construction Equipment Limited's manufacturing facilities, marking a strategic expansion into India's construction...