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Elon Musk, CEO of Tesla, loses $50 billion pay package, impacting his status as the world's richest person.
Business

Elon Musk Loses $50 Billion Tesla Pay Package: What Comes Next?

World’s Richest Person Title Shifts Elon Musk, Tesla’s CEO, has lost his title as the world’s richest person to Bernard Arnault of LVMH after a

Indian Finance Minister Nirmala Sitharaman presenting the interim Union Budget for the fiscal year 2024-25.
Finance

India’s Interim Budget 2024 Unveils Fiscal Priorities Amidst Pre-Election Anticipation

Overview India witnessed Finance Minister Nirmala Sitharaman presenting the interim Union Budget for the fiscal year 2024-25, signaling the government’s fiscal priorities in the run-up

Paytm logo on a smartphone screen displaying financial impact projections.
Business

Paytm Forecasts Annual EBITDA Impact of Up To INR 500 Cr Following RBI Restrictions

Regulatory Action Sparks Financial Projection Paytm, the prominent fintech giant, is anticipating a substantial annual impact on its EBITDA (Earnings Before Interest, Taxes, Depreciation, and

Financial analysts discussing stock market trends and the impact of the interim budget.
Market

Stock Markets Open on Positive Note Ahead of Interim Budget

Sensex and Nifty Show Incremental Gains As anticipation builds for the interim Union budget, the stock markets in India opened slightly higher on Thursday. The

BYJU’S logo on a digital tablet with a valuation chart in the background.
Business

BYJU’S Initiates $200 Mn Rights Issue with Drastic Valuation Cut

Introduction In a bid to alleviate its financial struggles, edtech giant BYJU’S has commenced a $200 million rights issue, targeting existing investors. However, the move

A financial report document with charts and graphs, representing Alphabet's Q4 performance, including revenue, profit, and advertising growth.
Business

Alphabet’s Q4 Financial Report Exceeds Estimates, Shares Dip Amid Ad Revenue

Introduction Alphabet, the parent company of Google, released its Q4 financial results for the period ending December 31, 2023, surpassing revenue and profit expectations. However,

Stock market traders observing charts and financial data, representing the anticipation and impact of India's interim budget on key sectors.
Market

Market Watch: Sectors Poised for Growth Ahead of Interim Budget

Introduction As India anticipates Finance Minister Nirmala Sitharaman’s interim budget before the upcoming polls, the stock market is abuzz with expectations. Key sectors, including infrastructure,

Rajmanohar Somasundaram, celebrating the successful fundraise, symbolizing the growth and innovation in the Indian aquaculture sector.
Business

Aquaconnect Raises $4 Million to Revolutionize Indian Aquaculture Sector

Introduction Chennai-based startup Aquaconnect has successfully secured $4 million in a recent funding round. The fresh capital infusion is earmarked for accelerating operational growth, expanding

a rocket launch representing the spacetech sector's anticipation for policy reforms and budgetary support in Budget 2024.
Finance

Spacetech Startups Anticipate Policy Reforms and Increased Budgetary Support in Budget 2024

Anticipated Policy Tweaks and Budgetary Allocation As the budget season approaches, spacetech startups are expressing their expectations for essential policy tweaks, a surge in budgetary

A diverse group of people collaborating in a modern office setting, engaged in a lively discussion with laptops and documents on a conference table.
News

Marico Records 15.92% Increase in Q3 Net Profit, Ad Spends Surge by 11.8%

FMCG Major Marico Demonstrates Growth Amidst Revenue Di Marico, a leading FMCG company, has reported revenue from operations of Rs 2,422 crore for Q3 FY24,