SpaceX in talks to borrow $40 billion to buy Nvidia chips
Business Lineby Bloomberg·5d ago
Elon Musk’s SpaceX is in talks with banks and investors to raise $40 billion of debt to buy chips from Nvidia Corp., people familiar with the matter said, underscoring the insatiable demand among...
Festive dispatches keep truck rentals firm on major routes
Business Lineby BL Chennai Bureau·5d ago
India’s transportation sector strengthened through the festive period in September, with retail vehicle sales rising across most categories.
RBI MPC Meeting Oct 7 Live: Will the RBI increase repo rate?
Business Lineby BL Mumbai Bureau; BL Internet Desk·5d ago
RBI MPC Meeting, Repo Rate | Monetary Policy Live Updates — Find here all the live updates related to the RBI Monetary Policy Committee meeting, repo rate, policy stance, inflation, GDP forecast...
Gold edges lower with focus on Fed minutes, rate path clues
Business Lineby Reuters·5d ago
Gold prices slipped on Wednesday as investors looked to minutes from the US Federal Reserve's September meeting for indications on whether policymakers remain inclined to raise rates further.
RBI policy verdict, guidance to drive nervous bond market traders
Business Lineby Reuters·5d ago
Indian government bonds are likely to open largely unchanged on Wednesday, as markets brace for the central bank's monetary policy decision, with an interest rate hike already priced in and the...
Chhattisgarh secures ₹43,600 crore in Singapore investment commitments
Business Lineby PTI·5d ago
Chhattisgarh’s Chief Minister Shri Vishnu Deo Sai has secured INR 43,600 crore in FDI commitments from Singapore, among the largest the state has secured from a single visit.
From looms to IPOs: Textile SMEs tap capital markets to fund growth
Business Lineby Gayathri G·5d ago
The textile industry, traditionally dominated by closely knit family businesses, is increasingly turning to the capital markets to fund its next phase of growth.
Uber to acquire ezCater for $2.3 billion in all-cash deal
Business Lineby ANI·5d ago
Uber Technologies has agreed to acquire US workplace catering platform ezCater for $2.3 billion in an all-cash transaction, as the ride-hailing and food delivery company seeks to expand Uber Eats...
Stocks to watch on October 7: Over a dozen companies, rate-sensitive sectors in focus
Business Lineby KS Badri Narayanan·5d ago
Banking and interest-rate-sensitive sector stocks such as NBFCs, realty, automobile, and others will remain in focus as the RBI announces its interest rate decision today.
Indian stock markets likely to open flat amid crude, rising yields
Business Lineby KS Badri Narayanan·5d ago
Indian stock markets are likely to open flat on Wednesday, despite positive global cues. With US stocks hitting a peak overnight, Asian stocks are also ruling higher.
Amazon, Flipkart and Myntra take quick commerce beyond grocery to mop up Diwali demand
Business Lineby Amit Vijay Mohile·6d ago
A month before Diwali, India’s biggest e-commerce platforms are opening their festive shopping battle, seeking to capture consumer spending well ahead of the festival as rapid delivery spreads...
Nandini milk price set to rise by ₹8 as rising feed costs squeeze dairy unions
Business Lineby BL Bengaluru Bureau·6d ago
Karnataka’s Cabinet has approved a proposal to increase Nandini milk prices by ₹8 a litre, setting the stage for another sharp retail price revision as dairy unions grapple with rising input costs...
BPL Medical Technologies targets ₹2,000 crore revenue by 2032 on critical care, imaging growth
Business Lineby Aishwarya Kumar; Venkatesha Babu·6d ago
BPL Medical Technologies is looking to quadruple its revenue to around ₹2,000 crore by 2032, with critical care and imaging expected to drive the next phase of growth as the medical-device maker...
UPI payment companies look beyond MDR to merchant services
Business Lineby Jyoti Banthia·6d ago
India’s payment companies are looking beyond UPI transactions to build broader merchant-service businesses as merchant discount rate (MDR) creates a new, albeit limited, revenue stream from select...
ElevenLabs, Karnataka join hands to advance voice AI adoption
Business Lineby BL Bengaluru Bureau·6d ago
ElevenLabs, hosting its first India Summit in Bengaluru, announced a memorandum of understanding (MoU) with the Karnataka Innovation and Technology Society (KITS) to advance its adoption of voice...
JioHotstar expands to Middle Eastern and North African markets
Business Lineby BL Mumbai Bureau·6d ago
Reliance Industries’ JioHotstar today announced its entry into the Middle East and North Africa as a streaming destination within the app and website of the region’s leading Starzplay.
ElevenLabs sees India voice AI demand surge, plans 10X FDE team expansion
Business Lineby Sanjana B·6d ago
ElevenLabs plans to expand its forward-deployed engineering (FDE) team in India tenfold as the voice AI company scales. Alongside, it looks to establish an India office by the end of this year.
Weak monsoon looms over FMCG margins despite strong Q2 demand
Business Lineby Amit Vijay Mohile·6d ago
Strong demand is keeping FMCG industry growth on track in Q2 FY27, but raw material costs are creating sharply divergent margin outcomes.
DRDO tests indigenously developed stratospheric surveillance platform HAPS
Business Lineby BL New Delhi Bureau·6d ago
Defence Research and Development Organisation (DRDO) carried out the successful flight trial of indigenously developed High-Altitude Platform (HAPS) -- a lighter than air system which works as a...
RBI’s new services export reporting raises concerns among freelancers and small exporters
Business Lineby Sindhu Hariharan·6d ago
The RBI’s new foreign exchange reporting framework that went live October 1 will help policymakers track the growing pool of India’s non-software services exports, but individual and small-ticket...
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