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Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. A new report claims crypto tokenization is a structural overhaul of market plumbing, not just an efficiency tweak. The International Monetary Fund (IMF) released a new report with fresh warnings related to crypto tokenization. Shifting Wall Street's trading rails onto blockchain-based systems could speed up financial crises beyond regulators' capacity to react, even as the techno ...Read More >
At least eight Indian ships have so far exited the Strait of Hormuz amid Iran war New Delhi: Iran has said that its "Indian friends" don't need "to worry" about the Strait of Hormuz, a key shipping route that has been disrupted since Israel and the United States attacked Tehran on February 28. "Our Indian friends are in safe hands, no worries," the Embassy of Iran in India said in a post on X on Thursday. Iran controls the Strait of Hormuz, a shipping route through which 20 per cent of the w ...Read More >
RTP Global leads the $25 million round as Apple, JPMorgan Chase, Toyota, Deutsche Telekom, BHP and Crédit Agricole turn to Kestra to orchestrate mission-critical workflows across data, AI and infrastructure. NEW YORK, March 31, 2026 /PRNewswire/ -- Kestra, the open-source orchestration platform unifying data, AI, infrastructure and business workflows, today announced a $25 million Series A funding round led by RTP Global, with continued participation from Alven, ISAI and Axeleo. The round bring ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. EDX Markets, the crypto exchange backed by Wall Street giant Citadel Securities, has applied to the Office of the Comptroller of the Currency (OCC) for a national trust bank charter, according to a public filing disclosed Wednesday. The move comes as US regulators under the current Trump administration have adopted a more receptive posture toward crypto firms seeking to operate u ...Read More >
Apple's India journey is accelerating. The company is now a top smartphone player, with record revenues and shipments. Manufacturing in India has surged, making it a key production hub. Apple is expanding its retail footprint with new stores and investing in local operations. This growth signals a strategic long-term commitment, positioning India as a vital market for Apple's future. In the mid-1970s, long before he co-founded Apple, a young Steve Jobs travelled to India in search of spiritual ...Read More >
The effective closure from the Iran war of the Strait of Hormuz -- the critical chokepoint for roughly 20% of the world's oil and liquefied natural gas -- is in its fifth week with no clear signs of resolving. For Asia, which buys more than 80% of the crude and LNG that flows through the narrow waterway, the consequences have been swift: severe fuel shortages, export bans, and government budgets stretched to the breaking point. The crisis is forcing Asia to look both backward and forward simult ...Read More >
New Delhi: India is preparing to launch a new semiconductor support fund worth more than Rs 1 trillion (about $10.8 billion) as the government intensifies efforts to build a strong domestic chip manufacturing ecosystem. The suggested fund will be used to fund the projects of chip design, equipment manufacturing and development of semiconductor supply chains in the country, reported by Bloomberg. Individuals conversant with the talks indicated that the initiative can be rolled out in the coming ...Read More >
(Bloomberg) - India's rupee strengthened the most in seven months on Wednesday after the central bank aggressively sold dollars to support the currency. Stocks also gained. The rupee rose as much as 1%, the most since May 23, to 90.0963, after closing at a record low in the previous session. The Reserve Bank of India is intervening through dollar sales in the local market, according to people familiar with the transactions. The move follows the rupee's string of record lows in recent weeks, wh ...Read More >
Hong Kong's stock market has experienced a remarkable turnaround. Share sales have surged, making it Asia's leading fundraising hub. This boom is fueled by Chinese companies seeking global expansion. India, mainland China, and Japan also saw strong dealmaking. Despite global challenges, Hong Kong's market shows robust activity. Investors are now focusing on quality deals. Not long ago, Hong Kong's share-sale market was a symbol of China's slowdown: Deal books were thin, investor sentiment was s ...Read More >
Grocery delivery firm Zepto Ltd. is gearing up for a significant move. The company plans to file for an initial public offering of approximately $500 million in Mumbai as early as next week. This move comes as competition intensifies in India's fast-growing quick-commerce market. Zepto is working with several major financial institutions to submit its draft prospectus. Grocery delivery firm Zepto Ltd. is preparing to file for an initial public offering of about $500 million in Mumbai as early a ...Read More >
Indian IT giants Tata Consultancy Services (TCS) and Infosys are expected to suffer the most severe financial impact from a new United States policy that imposes a $100,000 supplemental fee on certain H-1B visa petitions. The fee, introduced through a presidential proclamation in September this year, applies to new H-1B applications for skilled workers entering the US from abroad, particularly those requiring consular processing. The administration has positioned the measure as a means to curb ...Read More >
MUMBAI, India, Nov. 13, 2025 /PRNewswire/ -- Firstsource Solutions Limited (NSE: FSL) (BSE: 532809), a leading global provider of business process management services and an RP-Sanjiv Goenka Group company, has been recognized as a 'Leader' for the second consecutive year in Avasant'sMortgage Business Process Transformation 2025 RadarView™ recognizing the strength of its US-based mortgage arm, Sourcepoint, Inc., in driving technology-led transformation across the sector. Avasant's Leaders are or ...Read More >
HYDERABAD, India, Nov. 14, 2025 /PRNewswire/ -- Woxsen University successfully concluded the third edition of the International Conference on Fashion as a Tool for Social Change (FTSC 2025) on 10-11 November 2025. Organised by the School of Arts & Design, the annual conference reinforced Woxsen's commitment to driving meaningful dialogue at the intersection of creativity, ethics, sustainability, and social impact. Building on the legacy of its 2023 and 2024 editions, FTSC 2025 explored the theme ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. The recent Bitcoin price crash below $100,000 has sparked widespread concern across the crypto market, but major institutional players like JPMorgan remain unshaken. According to reports, JPMorgan analysts have issued a surprisingly bullish outlook for Bitcoin, forecasting a potential surge to $170,000 in the near future. The bullish prediction has caught the attention of the broa ...Read More >
The investment will be channelled into reviving the automaker's Maraimalai Nagar facility near Chennai in Tamil Nadu, which will be retooled to produce over 200,000 engines annually. Ford Motor Co. plans to invest about ₹32.5 billion ($370 million) in India to manufacture high-end engines for export markets, marking a significant return to local production four years after shutting down operations in the country, according to a person familiar with the matter told Bloomberg. The investment wi ...Read More >
Air India is seeking over a billion dollars in financial aid from its owners, Singapore Airlines and Tata Sons. This comes after a tragic crash earlier this year. The airline needs funds to upgrade its systems and services. It also plans to develop its own engineering and maintenance capabilities. Air India is seeking at least 100 billion rupees ($1.14 billion) in financial support from owners Singapore Airlines and Tata Sons, Bloomberg News reported on Thursday, citing people familiar with the ...Read More >
US Secretary of State Marco Rubio stated that expanding strategic ties with Pakistan will not negatively impact relations with India. He emphasized a pragmatic foreign policy, noting that partnerships with one nation do not preclude them with another. The US is seeking to expand its strategic relationship with Pakistan but those ties don't come at the expense of Washington's relations with India, Secretary of State Marco Rubio said. Just like India has ties with countries that the US doesn't, ...Read More >
US-based Starlink plans to set up nine gateway earth stations across India, including in Mumbai, Noida, Chandigarh, Hyderabad, Kolkata and Lucknow, as the Elon Musk-owned company readies infrastructure ahead of the commercial launch of its satellite communication (satcom) services in the country, said people with knowledge of the matter. "The company has applied for 600 gigabit per second capacity over India through its Gen 1 constellation. The spectrum has been assigned on a provisional basis ...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 >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Following speculation regarding a potential return, Changpeng Zhao, known as CZ, the co-founder and former CEO of Binance, has sparked discussions about the implications of his recent presidential pardon for the exchange's operations in the United States. Industry observers suggest that this major development for CZ and Binance as a whole could pave the way for Zhao to resume lea ...Read More >
Nikolaj Coster-Waldau, Game of Thrones star and United Nations Development Programme (UNDP) Goodwill Ambassador, has highlighted Odisha's mangrove restoration in the latest season of his global documentary series, 'An Optimist's Guide to the Planet'. The newly released season premiered on Wednesday, drawing attention to climate resilience work in India. The opening episode, titled "Protect," looks at the Enhancing Climate Resilience of India's Coastal Communities (ECRICC) initiative in Odisha's ...Read More >
Bhubaneswar: The second season of the acclaimed documentary series 'An Optimist's Guide to the Planet', hosted by United Nations Development Programme (UNDP) Goodwill Ambassador and 'Game of Thrones' star Nikolaj Coster-Waldau, premiered Wednesday. It featured the mangrove restoration work under the Enhancing Climate Resilience of India's Coastal Communities (ECRICC) initiative in Odisha. ECRICC is a collaborative effort of the Green Climate Fund under the Ministry of Environment, Forest and Cl ...Read More >
Bhubaneswar: Odisha's mangrove restoration efforts have earned international recognition with a documentary series, hosted by United Nations Development Programme (UNDP) Goodwill Ambassador and actor Nikolaj Coster-Waldau, best known for his role as Jaime Lannister in the TV series Game of Thrones. The mangrove restoration story, highlighting community-driven climate action, featured in the second season of Bloomberg Originals' 'An Optimist's Guide to the Planet'. The new season, which premier ...Read More >
Mumbai: Packaged consumer goods giant Hindustan Unilever Ltd on Thursday reported a muted 1.5% rise in consolidated revenue to ₹16,388 crore for the July-September quarter (Q2FY26). The company's net profit during the quarter stood at ₹2,694 crore, up 3.8% year-on-year. HUL, India's largest fast-moving consumer goods company, had flagged in late September that it expected disruptions in sales in the quarter over lower goods and services tax rates. While the rate cuts benefitted 40% of HUL's p ...Read More >
Investing.com -- Microsoft CEO Satya Nadella received a $96.5 million pay package for fiscal 2025, his highest compensation since becoming CEO over a decade ago, as the company's board cited exceptional progress in artificial intelligence. About 90% of Nadella's compensation is in Microsoft (NASDAQ:MSFT) shares, with a base salary of $2.5 million. This represents a significant increase from the $79.1 million he received in the previous fiscal year. The compensation committee stated that the re ...Read More >
India and the US are nearing a trade agreement. Tariffs on Indian exports could drop from 50% to 15-16%. This deal may involve India gradually reducing Russian oil imports. In return, the US is expected to offer concessions on energy trade. Both nations are also discussing increased imports of American corn and soymeal into India. India and the US are in extensive and advanced stage of talks on a trade deal that could see tariffs on Indian exports drop to 15% to 16% from the current 50%, mint r ...Read More >
New Delhi: India and the US are closing in on a long-pending trade deal that could slash the current tariffs for Indian exports to 15-16% from a punishing 50%, according to three people aware of the matter. With energy and agriculture emerging as key cards at the negotiating table, India may agree to gradually reduce its imports of Russian oil, the people cited above said on condition of anonymity. The purchases had prompted a punitive levy of 25% on Indian exports, which is over and above the ...Read More >
Coca-Cola is reportedly exploring a potential $1 billion initial public offering for its Indian bottling unit, Hindustan Coca-Cola Beverages. The company has engaged with bankers to discuss the listing, which could value the subsidiary at $10 billion. These discussions are in early stages, with a potential deal eyed for next year. - Coca-Cola is considering taking its Indian bottling unit public in a deal that may fetch $1 billion, Bloomberg News reported on Friday, citing people familiar with ...Read More >
Two of the emerging-market giants hardest hit by President Donald Trump's trade wars are deepening their ties in response, betting that a united front will help them endure the US broadsides and find new markets to skirt tariffs. Most Read from Bloomberg Government officials and business executives from Brazil and India are converging this week in New Delhi, seeking to forge new relationships and triple the countries' $12 billion trade partnership as economists warn that Trump's policies could ...Read More >
AXA to support STEM education of nearly 10,000 girls in India by 2030 Axa Group Chief Operating Officer and Axa Group Operations Chief Executive Officer Alexander Vollert (first from right), AXA Global Business Services' Chief Executive Officer Michele Rochefort 8 min read Last Updated : Oct 13 2025 | 5:15 PM IST PRNewswire Bengaluru (Karnataka) [India], October 13: AXA announced its commitment to support STEM (Science, Technology, Engineering, and Mathematics) education of nearly 10,000 gir ...Read More >
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