A. K. LUMBERS LTD.

At 22, he moved from US to India with a food idea. Now it's a multi-million-dollar business

What began as a study-abroad trip to Jaipur turned into a life-changing business idea for American entrepreneur Bert Mueller. Thirteen years after moving to India…

Asics to spin off its Onitsuka Tiger sneaker business

Asics will spin off its Onitsuka Tiger business to enhance decision-making and capitalize on its recent profit surge. The split, effective January 1, will transfer…

Super Micro Computer shares plunge 15% on plans to raise $7 billion in equity offerings

Super Micro Computer's shares fell 15% to $36.50 on 10 June as investors reacted to plans for raising $7 billion through equity offerings to meet…

Goldman Sachs buys CMR Green Technologies shares on listing day after strong debut

Goldman Sachs India Equity Portfolio bought shares worth Rs 49.82 crore in CMR Green Technologies on its listing day, which saw a 43% premium. Despite…

Zee Entertainment to raise $241 million for stategic initiatives

Zee Entertainment is all set to gather 23 billion rupees to fuel its ambitious business strategies, following a significant win in securing the broadcast rights…

SpaceX IPO: How Elon Musk is breaking Wall Street rules with mega issue

S&P Global revises IPO-bound Oyo parent Prism's outlook to 'Positive'

S&P Global Ratings has declared a Positive outlook for Prism, suggesting a promising trajectory for OYO's parent company. This optimistic assessment comes with the expectation…

US Stocks: US markets dips as tech declines, Middle East tensions mount

U.S. stock indexes opened lower on Wednesday, continuing a selloff in technology stocks. Renewed U.S.-Iran tensions also weighed on the market, overshadowing a tame May…

Is the Nifty-Gold ratio signalling a major rebound in Indian equities? What historical trends show

The Nifty 50–gold ratio has narrowed to 1.56, indicating an oversold Indian stock market. This ratio serves as a value meter, guiding investors on equity…

Urban Vault sub-leases 16K sq ft office space in Gurugram to electric ride-hailing firm Green SM

Urban Vault has successfully subleased a generous 16,000 square feet of prime office space in Gurugram to Green SM, an innovative electric ride-hailing service backed…

India bonds snap four-day rally on US-Iran war risks

Indian government bonds witnessed a dip on Wednesday, breaking a four-day winning streak. The decline was largely attributed to soaring oil prices linked to geopolitical…