10000+
students ' lives touched
120+
Bschools Associated
100+
Industry Mentors
5000+
Mentoring hours/month
10000+
students ' lives touched
120+
Bschools Associated
100+
Industry Mentors
5000+
Mentoring hours/month
Mansi Agarwal
Japanese conglomerate Sony Group Corp is considering spinning off and listing its semiconductor unit this year, as per a Bloomberg report. It could distribute the majority of its holding to shareholders and retain a minority stake in Sony Semiconductor Solutions Corp after the spinoff, the report added. The company also plans to spin off its financial arm.
Apr 29th, 2025
Mansi Agarwal
Paytm parent One97 Communications' subsidiary First Games Technology has received a GST notice worth ₹5,712 crore. The issue relates to the dispute over whether online gaming companies should pay 28% GST on the total entry amount or 18% GST on the platform fee (revenue). "First Games will be filing a writ petition challenging the notice on legal grounds," One97 said.
Apr 29th, 2025
Pragya Swastik
Foreign portfolio investors (FPIs) pumped $4.11 billion (over ₹35,040 crore) into Indian equities over the last nine sessions, logging their longest buying spree since July 2023. It lifted the benchmark Nifty 50 by 6.6% for the period. FPIs are returning as US and China are more vulnerable to a global trade war than India, G Chokkalingam of Equinomics Research said.
Apr 29th, 2025
Mansi Agarwal
Gensol Engineering's shares dipped another 5% on Tuesday to hit a 52-week low of ₹82.20 after the Enforcement Directorate raided its premises in Gujarat and Ahmedabad. The stock has lost roughly 90% of its value this year. The company, a key EV partner of BluSmart, is currently under multiple probes over alleged fund diversion by its founders.
Apr 29th, 2025
Pragya Swastik
Donald Trump's first 100 days as the US President are the worst for the US stock market for the start of a president's 4-year term since 1970s. The S&P 500's 7.9% fall is the second worst first 100-day performance since the 9.9% fall under Richard Nixon's leadership. On average, S&P 500 rises 2.1% in first 100 days for any president.
Apr 29th, 2025
Pragya Swastik
Deloitte flagged lapses in the internal financial controls of Dailyhunt and Josh apps' parent company VerSe Innovation, Moneycontrol and ET reported. Verse didn't have appropriate internal controls over selection and evaluation of suppliers, approval of purchase orders and invoices, and payments. This could lead to "material misstatements" in trade payables and expense accounts, Deloitte said.
Apr 29th, 2025
India’s co-working sector is thriving in 2025 with IPO plans from IndiQube, Smartworks, and WeWork India. Growth is fueled by tech innovation and rising demand for flexible workspaces. However, investors remain cautious about profitability and debt levels. Success post-IPO will depend on maintaining high occupancy, smart expansion, and delivering consistent financial performance.
Apr 29th, 2025
Mansi Agarwal
Home services provider Urban Company has filed a draft red herring prospectus (DRHP) with the SEBI to raise ₹1,900 crore through an initial public offering. The IPO will consist of a fresh issue worth ₹429 crore and an offer for sale (OFS) worth ₹1,471 crore. Accel India and Elevation Capital will be among the entities selling shares in the OFS.
Apr 29th, 2025
The Maharashtra Samruddhi Mahamarg will be fully operational from May 1, cutting travel time between Mumbai and Nagpur from 16 hours to just 8 hours. The final 76-km stretch, including India's longest road tunnel, will be inaugurated, boosting connectivity, saving fuel, and creating new economic opportunities across Maharashtra's western districts.
Apr 29th, 2025
Following lawsuits from international students, the US government is preparing a new policy to manage SEVIS record terminations. A federal judge reinstated 133 students' SEVIS records, and the Department of Homeland Security is now developing a framework to avoid wrongful cancellations, offering temporary relief to thousands impacted by mass visa revocations earlier this year.
Apr 29th, 2025
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Mansi Agarwal
Mansi Agarwal
Mansi Agarwal
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