Mansi Agarwal

OYO parent Prism gets shareholders' nod for ₹6,650-crore IPO

OYO parent Prism has received shareholders' approval to launch an IPO that could raise up to ₹6,650 crore through a fresh issue of equity shares. The decision was taken at the company's extraordinary general meeting. Shareholders also approved a bonus issue of shares in the ratio of 1 fully paid-up equity share for every 19 existing equity shares.

Dec 23rd, 2025

OYO parent Prism gets shareholders' nod for ₹6,650-crore IPO

Ashley Paul

Jamie Dimon, CEO of the world's largest bank JPMorgan Chase, accepted that AI will eliminate jobs, adding, "That doesn't mean that people won't have other jobs." Sharing his advice for people to avoid getting fired due to AI, Dimon said employees must shift to developing 'emotional quotient'. He also advised them to work on communication and writing skills.

Dec 23rd, 2025

World's largest bank's CEO accepts AI will eliminate jobs, advises shift to 'EQ'

Mansi Agarwal

Healthtech startup Practo has initiated preliminary discussions with potential advisers to explore the possibility of launching an IPO in the second half of 2026, Bloomberg reported. As part of the listing plans, the company is also preparing to shift its Singapore-based holding entity to India. The transition is expected to be completed by February.

Dec 23rd, 2025

Healthtech startup Practo plans IPO in 2026: Report

A video circulating on social media purportedly shows an Al Jazeera report confirming Indian involvement in the killing of student leader Sharif Osman Hadi in Bangladesh. BOOM found that the video has been digitally manipulated, with an AI-generated voice clone being overlaid onto real news footage to promote a false narrative.

Dec 23rd, 2025

Al Jazeera report claiming Indian role in Hadi's death is deepfake

Vaishnavi Mishra

HCLSoftware, the software business division of HCLTech, on December 22 announced its intent to acquire Jaspersoft, a business unit of Cloud Software Group. Reportedly, the deal is worth $240 million (nearly ₹2,150 crore) in cash and will be executed as an asset carve-out. As part of the deal, all 115 employees at Jaspersoft will be transferred to HCLSoftware.

Dec 23rd, 2025

HCLTech to buy Cloud Software Group's business unit for ₹2,150 cr

Mansi Agarwal

Veteran investor Mark Mobius said gold should be part of every portfolio despite the precious metal being at record highs. "There will be corrections along the way, but there's no question that in...dollar terms at least, gold will be doing very well," he stated. He added that gold could reach the $5,000 per ounce mark over the next 12 months.

Dec 23rd, 2025

Gold may hit $5,000 in 2026, should be part of portfolio: Mobius

Mansi Agarwal

Google has informed its employees that it will ramp up Permanent Labor Certification (PERM) applications in 2026, Business Insider reported. However, only those meeting certain criteria regarding education, experience and rating will be eligible for the sponsorship. PERM is a crucial step to securing a green card, which allows the holder to live and work permanently in the US.

Dec 23rd, 2025

Google to ramp up green card sponsorships in 2026: Report

Bhawana Chaudhary

Raj Subramaniam, Indian-origin CEO of FedEx, is facing criticism for allegedly using funds from a $2.24-billion federal contract to hire H-1B workers while laying off US employees. According to Dallas Express, immigration data showed a rise in FedEx's hiring of foreign workers after contract was awarded in 2022. FedEx's H-1B employee count increased from two dozen to 500 by 2025.

Dec 23rd, 2025

Indian-origin FedEx CEO used US govt contract fund to hire hundreds of H-1B staff: Report

India's mutual fund AUM reached ₹81 trillion in November 2025, up 18.69% year-on-year from ₹68 trillion, with a 21.91% CAGR over five years. Driven by digital adoption, SIPs (₹16.53 trillion, 20% of total), rising participation from Gen Z, women, and smaller towns, the industry is projected to surpass ₹300 trillion by 2035, per ICRA Analytics.

Dec 23rd, 2025

India's mutual fund sets ₹300 trillion target

Arshiya Chopra

Vince Zampella, a key figure in the creation of video game series Call of Duty, passed away in a Ferrari crash in US. The 55-year-old's net worth stood at an estimated $40 million (around ₹359 crore), according to multiple reports. In his lawsuit against Call of Duty distributor Activision, he reportedly received tens of millions in settlement.

Dec 23rd, 2025

What was the net worth of 'Call of Duty' creator Vince Zampella?

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