Four Real-Money Gaming Startups Lose Unicorn Status After Online Gaming Law
The implementation of a new regulation governing online money games has shocked the Indian real-money gaming (RMG) industry, costing at...
Giorgio Armani’s Will Names LVMH, EssilorLuxottica, L’Oréal as Preferred Buyers for Fashion Empire
The recently disclosed will of legendary fashion designer Giorgio Armani has outlined a clear succession plan for his closely held...
Boeing Reaches Tentative Deal to End Worker Strike
Boeing has reached a tentative agreement with the International Association of Machinists and Aerospace Workers (IAM) union aiming to end...
Tata Trusts Leadership Clash Over Nominee Director Appointment Sparks Boardroom Tension
A major dispute has erupted within Tata Trusts over the appointment of a nominee director to the Tata Sons board,...
GST Rate Cuts to Boost Car Sales as Automakers Pass Benefits to Buyers
The recent Goods and Services Tax (GST) rate cuts on automobiles are expected to drive a surge in car sales...
RBI Acquires Nariman Point Land Parcel from MMRCL for ₹3,472 Crore in Mumbai’s Biggest Real Estate Deal
In one of the biggest real estate deals in Mumbai, the Reserve Bank of India (RBI) paid the Mumbai Metropolitan...
Alibaba Leads $60M Investment in PixVerse Parent AIsphere, Accelerating AI Video Innovation
Alibaba Group has made waves in the artificial intelligence startup world by leading a $60 million financing round in AIsphere,...
Sumitomo Mitsui Plans to Sell Entire 1.65% Stake in Kotak Mahindra Bank for Rs 6,000 Crore via Block Deal
Sumitomo Mitsui Financial Group, a major Japanese banking and financial services conglomerate, is reportedly preparing to sell its entire 1.65%...
Centre Faces Potential Annual Revenue Loss of Rs 10,000-12,000 Crore from Real Money Gaming Ban
Reports suggest that the Indian government will likely lose between Rs 10,000 and Rs 12,000 crore a year as a...
Raj Kundra Summoned by EOW in ₹60 Crore Cheating Case, Lookout Circular Issued
The Mumbai Police’s Economic Offences Wing (EOW) has issued a formal summons to businessman Raj Kundra, husband of Bollywood actor...