In a landmark move that could redefine India’s capital market landscape, fintech firm XED Technologies has filed its Draft Red Herring Prospectus (DRHP) with the International Financial Services Centres Authority (IFSCA) to launch the country’s first IPO from GIFT City, Gujarat. The offering, expected to open in November 2025, marks a historic shift in how…
India’s manufacturing sector is not weak—it’s quietly powering a transformation across strategic industries, from mobile phones and defense equipment to pharmaceuticals and renewable energy. That’s the message investment banker Sarthak Ahuja delivered in a viral LinkedIn post that’s now sparking national debate and reshaping perceptions of India’s industrial capabilities. “A lot of people think India…
Tata Capital, the financial services arm of the Tata Group, has officially trimmed its post-money equity valuation to approximately $15.7 billion (₹1.39 lakh crore) ahead of its highly anticipated initial public offering (IPO), scheduled to open between October 6 and October 8, 2025. The move, described by insiders as a “goodwill gesture,” is intended to…
Zoho Corporation founder and CEO Sridhar Vembu has firmly dismissed growing calls to take the company public, citing the corrosive impact of quarterly earnings pressure on long-term innovation. The statement comes amid a surge in popularity of Zoho’s privacy-first messaging app Arattai, which recently crossed 50 million downloads, sparking renewed investor interest and speculation about…
OpenAI CEO Sam Altman has reignited global debate over the future of work, warning that artificial intelligence could replace up to 40% of existing jobs by the end of this decade. Speaking after receiving the Axel Springer Award in Berlin, Altman emphasized that AI’s rapid evolution—especially with models like GPT-5—could soon automate a significant portion…
Info Edge (India) Ltd, the parent company of Naukri.com, Jeevansathi, and 99acres, has been named India’s most successful venture investor in 2025, following a landmark year of exits, portfolio growth, and startup value creation. The recognition comes from a composite ranking by leading financial analysts and startup intelligence platforms, which evaluated investor performance across return…
Lucy Guo, the 30-year-old tech entrepreneur and co-founder of Scale AI, has officially joined the Forbes Billionaires List with a staggering net worth of $1.25 billion (approximately ₹1.15 lakh crore), making her the youngest self-made billionaire of 2025. Her rise to the top is a story of bold decisions, relentless innovation, and a refusal to…
In a landmark announcement that has stunned the global business and philanthropic communities, Oracle co-founder and chairman Larry Ellison has pledged to donate 95% of his personal wealth to charitable causes. With a net worth estimated at over $160 billion, Ellison is currently the world’s second-richest person, and his commitment ranks among the largest individual…
Alcobrew Distilleries India Ltd, the maker of the popular White & Blue whisky, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO comprising a ₹258 crore fresh issue. The move marks a strategic milestone for the Delhi-based liquor company as it…
India is poised to announce a $125 per tonne anti-dumping duty on imports of metallurgical coke (met coke) as early as October 2025, in a move aimed at shielding domestic manufacturers from aggressive undercutting by foreign suppliers. The decision, currently under final review by the Directorate General of Trade Remedies (DGTR), follows months of lobbying…
