News
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Qatar's QIA fund mulling a minority stake in Reliance Retail
The sovereign wealth fund will reportedly invest $1 billion for a one percent stake valuing Mukesh Ambani's retail unit at $100 billion
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FIFA Women's World Cup sees record attendance, 1.5 million tickets sold
With viewership also expected to touch 2 billion this year, up from 1.12 billion in 2019, and sponsorship packages sold out, the World Cup is set to become the biggest standalone women's event
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How India's space economy could hit $100 billion by 2040
A new report estimates Indian spacefaring can grow faster to hit that milestone, while an expert calls for focus on the country's own priorities
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With 'Barbie', Greta Gerwig scores the biggest opening weekend for a female director in Hollywood
After much hype, Barbie pulled in $155 million for the opening weekend in US and Canada, and $337 million worldwide
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Morning Buzz: L&T announces Rs10,000 cr buyback, Peak XV to mark down Byju's valuation, and more
Here are the top business headlines this morning, to get your day started
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Beating the big boys: Sebi's move for complete T+1 and towards T+0 explained
The Securities and Exchange Board of India (Sebi) Chairperson Madhabi Puri Buch has announced that India's stock markets will move towards a T+1 (trade + 1) settlement cycle for all scrips, starting October 1, 2023. The regulator is also working towards T+0, or instant transaction settlements. What will actually change in the trading ecosystem and what can we expect in coming months?
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Al-Hilal makes record $300 million bid for PSG's Kylian Mbappé
As per reports, French club Paris Saint-Germain (PSG) has accepted the offer, giving Saudi Arabian club Al-Hilal permission to negotiate directly with Mbappé
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Prosus breaks silence on Byju's board exit. Is it too little, too late?
Over a month after Prosus' Russell Dreisenstock stepped down from Byju's board, the global investor slams the edtech major for not heeding advice on strategic, legal and corporate governance
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Paytm to generate free cash flow by year end, says CEO Vijay Shekhar Sharma
The fintech's revenue from operations increased by 39 percent to Rs2,341 crore in quarter ending June 2023 up from Rs1,679 crore in the quarter ending June 2022. Losses also narrowed significantly
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Morning Buzz: Top Tesla officials to meet commerce minister, ITC demerges hotel business but retains stake, and more
Here are the top business headlines this morning, to get your day started
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Still no resolution to Tata Steel's UK woes
The Corus acquisition never worked for Tata Steel. Now comes news that the company may be planning a complete exit from its UK operations