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MUMBAI: When the stakes are measured in billions and egos are involved, even Silicon Valley titans can turn a courtroom into a battlefield. OpenAI has issued a sharp public response to Elon Musk's ongoing lawsuit, accusing the billionaire of filing the case to harass a competitor rather than address genuine concerns. In a strongly worded statement shared on its official X account, OpenAI described Musk's allegations as "baseless" and suggested the lawsuit is an attempt to disrupt the company as ...Read More >
April 8 (Reuters) - Adani Green Energy on Wednesday said group chair Gautam Adani and his nephew Sagar Adani plan to seek dismissal of a civil suit stemming from an alleged bribery scheme filed by the U.S. Securities and Exchange Commission in a New York court by April 30. * The company said that the defendants have submitted apre-motion letter to the court indicating their intent to seekdismissal of the SEC's complaint and said they are willing toattend a pre-motion hearing, if scheduled. * T ...Read More >
April 8 (Reuters) - Adani Green Energy (ADNA.NS), opens new tab on Wednesday said Gautam Adani and his nephew Sagar Adani plan to seek dismissal of a civil suit filed by the U.S. Securities and Exchange Commission in a New York court by April 30, citing lack of jurisdiction. Reporting by Nishit Navin; Editing by Sonia Cheema Our Standards: The Thomson Reuters Trust Principles., opens new tab ...Read More >
New Delhi, Apr 8 (PTI) Adani Group stocks were in the limelight on Wednesday, with Adani Total Gas and Adani Green surging over 13 per cent, in tandem with a sharp rally in the broader equity market. A US judge granted a request from billionaire Gautam Adani to schedule a hearing in efforts to dismiss a US Securities and Exchange Commission fraud case, which he says lacks necessary jurisdiction as well as fails on multiple reasons. This followed lawyers of Adani and his nephew, Sagar filing a ...Read More >
NEW DELHI, April 6 (Reuters) - India's top court on Monday rejected billionaire Anil Agarwal-led Vedanta's plea to pause the acquisition by Adani group of a bankrupt real estate giant, which includes a $4 billion pool of prized assets including India's only Formula One track. Agarwal's Vedanta is fighting in courts against the decision of a lenders' panel to give the assets of bankrupt Jaiprakash Associates to fellow tycoon Gautam Adani's group, setting up a battle between billionaires for ass ...Read More >
Wipro -- the Indian tech giant founded by billionaire Azim Premji -- is buying the IT unit of Olam Group for $375 million as the Singapore-based company moves to re-organize its operations and focus on its core agricultural commodities business. Under the deal, which is subject to customary closing conditions, Bangalore-based Wipro will buy Olam's entire stake in its IT and digital services unit, Mindsprint, in cash. Following the acquisition, Wipro will provide Olam IT services for eight years ...Read More >
Nites has argued that although tech profits remain strong, weakening job security raises serious questions about corporate responsibility and accountability IT employees' body Nites has exhorted tech firms to prioritise reskilling over layoffs, while calling for policy intervention to bring stronger safeguards and mandatory severance norms to protect white-collar workers, as aggressive AI build-outs by industry trigger job cuts and uncertainty for workforce. Nascent Information Technology Empl ...Read More >
New Delhi, April 3 (SocialNews.XYZ) Gautam Adani, Chairman of the Adani Group, met Uttar Pradesh Chief Minister Yogi Adityanath, and emphasised the Adani Group's investments in the state across sectors like power, defence, airports and logistics, among others. "Some visions reshape nations. Hearing Chief Minister @myogiadityanath lay out the roadmap for Viksit Uttar Pradesh was an unforgettable moment," Gautam Adani posted on X. "A $1 trillion economy by 2030. $6 trillion by 2047. This is a de ...Read More >
The Adani family participated in the holy rituals at the temple and offered prayers. ShowQuick Read Summary is AI-generated, newsroom-reviewed * Gautam Adani visited the Ram Temple in Ayodhya with his family during Hanuman Jayanti celebrations * The Adani family participated in rituals and offered prayers to Ram Lalla at the newly inaugurated temple * Adani described the temple as a symbol of India's culture, unity, and self-confidence Did our AI summary help? Let us know. Switch To Beep ...Read More >
Ayodhya, April 2 (SocialNews.XYZ) Students of an Ayodhya Gurukul, visited by Adani Group Chairman Gautam Adani on Thursday after offering prayers at the Shri Ram Janmabhoomi Temple, termed their interaction with him as "a moment of pride and encouragement". During his visit to the Shri Nihshulk Gurukul, Gautam Adani participated in a Yajna and spent time engaging with students and teachers. expressing support for the institution and its cultural mission. Talking to IANS, a Gurukul student said ...Read More >
Mumbai, April 2: Rizwan Sajan, the founder and chairman of the Dubai-based Danube Group, has publicly dismissed fears of layoffs within his organisation. In a message shared on Instagram earlier this week, the Indian-born billionaire pledged that his workforce of over 6,000 employees would remain secure despite growing regional tensions and economic uncertainty in West Asia. The announcement comes on the heels of the high-profile launch of "Shahrukhz by Danube," a 55-storey luxury commercial to ...Read More >
Ahmedabad, April 1 (SocialNews.XYZ) Adani Ports and Special Economic Zone Ltd (APSEZ), on Wednesday, said it has surpassed the landmark milestone of 500 million tonnes of cargo handled. From a single port-led vision in 1998 to a network spanning 19 ports and terminals across India and beyond, APSEZ has grown into a critical enabler of India's trade, industrial growth and global competitiveness. "Ports are not merely gateways for trade; they are gateways to national confidence, competitiveness ...Read More >
New Delhi, Mar 31 (PTI) Mining billionaire Anil Agarwal's Vedanta Ltd has told the Supreme Court that its tweaked bid for the bankrupt Jaiprakash Associates Ltd was rejected despite being better than Adani Group's offer. In its petition challenging the lenders' decision to accept Adani's takeover offer, Vedanta contended that its addendum bid is about Rs 3,400 crore higher in gross value terms and roughly Rs 500 crore more in net present value compared to the Adani Group's offer. In the bid ch ...Read More >
NEW DELHI, March 31 (Reuters) - Indian billionaire Anil Agarwal is challenging fellow tycoon Gautam Adani's winning bid for a bankrupt real estate giant in the Supreme Court, intensifying the fight over a $4 billion pool of prized assets that includes the country's only Formula One track. Agarwal's Vedanta has mounted a legal challenge over a creditor committee's decision to award the assets of Jaiprakash Associates (JAIA.NS), opens new tab to Adani, a portfolio that includes homes, power, ceme ...Read More >
NEW DELHI - Indian billionaire Anil Agarwal is challenging fellow tycoon Gautam Adani's winning bid for a bankrupt real estate giant in the Supreme Court, intensifying the fight over a $4 billion pool of prized assets that includes the country's only Formula One track. Agarwal's Vedanta has mounted a legal challenge over a creditor committee's decision to award the assets of Jaiprakash Associates to Adani, a portfolio that includes homes, power, cement plants and the Buddh International Circu ...Read More >
Jyoti Bansal, an Indian entrepreneur, is now a billionaire. He built Harness, an AI software delivery company, valued at $5.5 billion. Bansal's journey highlights the H-1B visa route. He previously founded AppDynamics, which Cisco acquired for $3.7 billion. Harness uses AI to automate software deployment. Bansal plans to take Harness public. He advocates for attracting global talent. Indian-born entrepreneur Jyoti Bansal has become a new billionaire after building Harness, an AI-based software ...Read More >
New Delhi: Microsoft co-founder Bill Gates held the title of the world's richest man for five consecutive years, from 2013 to 2017. He remained among the world's top 10 wealthiest individuals afterwards. However, this year his net worth and ranking have seen a significant decline. According to the Bloomberg Billionaires Index, Gates' net worth has fallen by $41.3 billion this year, and he is now ranked 16th on the list of the world's richest people with a net worth of $117 billion. Gates is the ...Read More >
Lalit Keshre, cofounder and CEO of investment platform Groww, has become a newly-minted billionaire on the back of the company's strong stock market debut. With Groww's shares soaring since listing, Keshre's 55.91 crore shares -- a 9.06 percent stake -- are now valued at about ₹9,448 crore, placing his net worth around the $1-billion mark. Groww made a remarkable entry into the public markets on 12 November, listing at ₹100 a share and climbing more than 70 percent in just four sessions to ...Read More >
Eyewear retailer Lenskart is launching its IPO on October 31, aiming to raise Rs 2,150 crore through a fresh issue and an offer for sale. Backed by Radhakishan Damani, the company plans to use the funds for store expansion, technology, and marketing. This IPO is anticipated to be the fourth-largest public issue of 2025. Eyewear retailer Lenskart is set to make its long-awaited market debut, with its initial public offering (IPO) opening for subscription on Friday, October 31, and closing on Tue ...Read More >
BEIJING/NEW DELHI: Indian billionaire Mukesh Ambani's Reliance Industries is rushing to get its orders of battery components out of China ahead of new export curbs, two people briefed on the matter said, as concerns mount worldwide about how Beijing intends to enforce its widening export control regime. A team from Reliance has travelled to China to speed up the work, one of the sources said. Reliance and China's Ministry of Commerce did not respond to a request for comment. The people decline ...Read More >
New Delhi, Oct 26 (PTI) Eyewear retailer Lenskart Solutions is gearing up to launch its initial public offering (IPO) on October 31, aiming to raise Rs 2,150 crore through a fresh issue of shares. This marks its much-awaited entry into the public markets. The company's maiden public offering would conclude on November 4, and the bidding for anchor investors would open for a day on October 30, according to the Red Herring Prospectus (RHP). Apart from the fresh issue, there would be an offer-fo ...Read More >
Legit.ng journalist Dave Ibemere has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends. Nigerian industrialist Aliko Dangote's net worth has hit $30 billion, according to the latest Bloomberg Billionaires Index. The index revealed that Dangote's fortune now stands at $29.8 billion, up $5.71 million from the previous day and $1.73 billion year-to-date. The increase comes amid strong performances from his liste ...Read More >
Life Insurance Corp. of India said it makes independent investment decisions, pushing back against a Washington Post report that alleged Indian officials influenced the company to plow money into billionaire Gautam Adani's businesses. LIC, the country's largest institutional investor, gets board approval and carries out due diligence before making investments, it said in a post on X. The state-run insurer denied the Post report on Friday that said government officials pushed a proposal in May f ...Read More >
When a web developer proudly announced on X that he'd just completed his Coursera course with the help of Perplexity AI's Comet browser, he probably wasn't expecting to get schooled by the company's own CEO. But that's exactly what happened, and the internet can't stop talking about it. The saga began when an X user named Amrit Nigam, who describes himself as a web developer, posted a short 16-second video showing Comet in action. In the clip, Comet AI is seen breezing through a 45-minute Cours ...Read More >
Bollywood superstar Shah Rukh Khan has become the latest celebrity to enter the billionaire club, becoming the first Indian celebrity to touch the milestone and stand with global icons like Michael Jordan, Taylor Swift, and George Lucas. As per the Hurun India Rich List 2025, Shah Rukh Khan witnessed a sharp rise of 71% in his net worth this year to Rs 12,490 crore ($1.4 billion). This significant surge is fueled by the blockbuster success of his production house Red Chillies Entertainment and ...Read More >
In August 2022, Srinivas co-founded Perplexity AI with Denis Yarats and Andy Konwinski. New Delhi: Aravind Srinivas, the 31-year-old Chennai-born AI entrepreneur, has entered the M3M Hurun India Rich List 2025 as the country's youngest billionaire. With an estimated net worth of Rs 21,190 crore, Srinivas, the founder and CEO of the AI startup Perplexity, is now a prominent name in the tech world, especially in generative AI. Born on June 7, 1994, in Chennai, Tamil Nadu, Srinivas developed an ...Read More >
Shah Rukh Khan and his family top the M3M Hurun India Rich List 2025 with Rs 12,490 crore, driven by Red Chillies Entertainment. Juhi Chawla & family secure the second spot, followed by Hrithik Roshan, Karan Yash Johar, and Amitabh Bachchan & family, highlighting Bollywood's wealthiest through diverse ventures and brand influence. Bollywood's Badshah Shah Rukh Khan and his family have topped the M3M Hurun India Rich List 2025, leading the pack with a wealth of Rs 12,490 crore, driven by the div ...Read More >
Mumbai: Shah Rukh Khan, fondly known as the Badshah of Bollywood, began his journey in films over three decades ago. From television roles to becoming the face of Indian cinema worldwide, SRK has built an unmatched legacy. His movies, charisma, and humility have earned him millions of loyal fans across the globe, making him one of the most admired superstars in history. In 2025, Shah Rukh Khan officially joined the billionaire club with a staggering net worth of Rs. 12,490 crore ($1.4 billion), ...Read More >
Hyderabad: Bollywood superstar Shah Rukh Khan has officially joined the billionaire club. After more than three decades in the entertainment industry, the actor, popularly known as the "Badshah of Bollywood," now boasts a staggering net worth of $1.4 billion (Rs 12,490 crore), according to the Hurun India Rich List 2025, released on Wednesday, October 1. The report highlights Shah Rukh's financial rise, mentioning, "Bollywood's Badshah, Shah Rukh Khan (59), joins the billionaire club for the fi ...Read More >
Mumbai (Maharashtra) [India], October 1 (ANI): Days after winning his first-ever National Award in a career spanning over three decades, Bollywood superstar Shah Rukh Khan has now officially joined the billionaire club. Yes, you read it right. King Khan's name has been featured in the 2025 M3M Hurun India Rich List. Also Read | TIME100 Next 2025 List: Lola Tung From 'The Summer I Turned Pretty' Recognised As Rising Star Alongside Megan Stalter, Monica Barbaro, Jonathan Bailey and Other Global ...Read More >
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