NEW DELHI: An Indian-origin UC Berkeley graduate has sparked a debate about the startup funding ecosystem after claiming he received responses from 27 venture capitalists—four of whom asked for a meeting—by posing as a fake founder with no real product or pitch, but with the right mix of elite buzzwords.Bhavye Khetan, who earned a bachelor’s…
Yes Bank’s stock is expected to attract attention today as its board convenes to discuss potential fundraising initiatives. (AI image) Yes Bank share price today: Yes Bank shares plummeted 7.4% to Rs 21.55 during early trading hours on Tuesday following reports of 3% equity changing ownership through multiple block deals in the day’s session.Reports from…
The Trump administration appears to be in a rush to finalise trade agreements before its self-imposed deadline expires. (AI image) The Donald Trump administration has issued a new ultimatum to countries to share their best offers on trade deals by Wednesday, five weeks ahead of the day when the reciprocal tariffs are set to kick…
The Walt Disney Company is cutting several hundred jobs across its film and television divisions, a Disney spokesperson confirmed to USA TODAY. The layoffs, which formally took effect on Monday, June 2, impact departments involved in marketing, publicity, casting, development, and parts of corporate finance. No entire teams are being dissolved, the company said.A Disney…
Market experts anticipate continued consolidation amidst unfavourable global indicators. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, were volatile in opening trade on Tuesday. While Nifty50 went below 24,650, BSE Sensex was near 81,000. At 9:35 AM, Nifty50 was trading at 24,644.90, down 72 points or 0.29%. BSE Sensex…
US Commerce Secretary Lutnick US commerce secretary Howard Lutnick said that a trade deal between New Delhi and Washington could be finalised soon. Addressing the US-India Strategic Partnership Forum in Washington, Lutnick said that US President Donald Trump and Prime Minister Narendra Modi’s relationship is very strong and very positive, and so it gives an…
PARIS: The International Energy Agency (IEA) on Monday cautioned that the concentration of critical mineral mining and processing in a few hands could affect global prices and supplies, while also suggesting that India should incentivise green mobility to reduce its vulnerability to high oil prices.“The world is entering a stage where the trade flows are…
PARIS: TotalEnergies has said that it intends to back Adani Green’s expansion while lining up further investments in India.“On the renewable side, we continue to support the expansion of Adani Green, which already has 14 gigawatts of capacity. So, we will continue to support this growth,” Total Energies chairman and CEO Patrick Pouyanne said after…
H D Kumaraswamy (File photo) NEW DELHI: Europe’s Mercedes Benz, Skoda-Volkswagen (VW) and South Korea’s Hyundai and Kia have shown interest to manufacture electric vehicles (EVs) in India, heavy industries minister H D Kumaraswamy said Monday. He added that India is likely to see only a “minor impact” from US plan to hike tariffs on…
NEW DELHI: IndiGo doubled its wide body aircraft order by confirming the option for 30 wide body Airbus A350s. Now the airline has 60 A350s on firm order and has an option for 40 more. “We have signed the MoU with Airbus for confirming the option for 30 A350s. Their delivery starts in 2027,” airline…