✈️ IndiGo co-founder to sell up to $1.4 billion worth of shares, term sheet shows
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https://www.moneycontrol.com/news/business/indigo-co-founder-to-sell-up-to-1-4-billion-worth-of-shares-term-sheet-shows-13047921.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
IndiGo co-founder to sell up to $1.4 billion worth of shares, term sheet shows
The share sale will have a floor price of 5,175 rupees ($60.84), the term sheet showed
#MCExclusive | 🚨 Flipkart to hire 5,000 employees this year amid quick commerce, fintech, AI push
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Moneycontrol
Flipkart to hire 5,000 employees this year amid quick commerce, fintech, AI push
Flipkart’s hiring plans, among the largest in recent years, are linked to the expansion of Minutes and Super.money, the management said at a townhall on May 26
Trump’s tariffs and tax plan threaten US battery industry just as it begins to take off
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Moneycontrol
Trump’s tariffs and tax plan threaten US battery industry just as it begins to take off
Republican policies could derail new American investments in battery manufacturing critical to clean energy and grid stability.
#ClosingBell | Nifty Holds 24,800 Amid Wild Swings| IndiGo, Olectra In Focus
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CBDT extends ITR filing deadline from July 31, 2025 to September 15, 2025
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Moneycontrol
CBDT extends ITR filing deadline from July 31, 2025 to September 15, 2025
This extension will provide more time due to significant revisions in ITR forms, system development needs, and TDS credit reflections, says CBDT
Kunal Shah-led Cred to raise $75 million from existing investors in a down round
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Moneycontrol
Kunal Shah-led Cred to raise $75 million from existing investors in a down round
The funding will value Cred at approximately $3.5 billion, a sharp drop from the previous $6.5 billion valuation amid a broader funding slowdown in India’s startup ecosystem.
#TechWitMC | TCS sees GenAI as 'civilisational shift', crosses $30 billion revenue in FY25
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https://www.moneycontrol.com/news/business/information-technology/tcs-sees-genai-as-civilisational-shift-crosses-30-billion-revenue-in-fy25-13051578.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
TCS sees GenAI as 'civilisational shift', crosses $30 billion revenue in FY25
“GenAI is already redefining analytics, customer experience, and marketing. The rise of autonomous robots and AI agents promises a future of ‘dark factories’ and AI-assisted enterprise functions," Chandrasekaran said in a letter to shareholders.
🚨University of Liverpool ties up with Wipro, others for its first Indian campus in Bengaluru
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https://www.moneycontrol.com/news/india/university-of-liverpool-ties-up-with-wipro-others-for-its-first-indian-campus-in-bengaluru-13051496.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
University of Liverpool ties up with Wipro, others for its first Indian campus in Bengaluru
While the University of Liverpool declined to disclose the exact location of its Bengaluru campus, sources said it is considering Azim Premji University and other places for the initial setup before transitioning to a larger, dedicated campus. The Karnataka…
🎓 Canada Cuts Student Visa Permits for Indians by 31% — Is the Canadian Dream Fading?
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https://www.moneycontrol.com/education/canada-cuts-student-visas-for-indians-by-31-is-the-canadian-dream-fading-article-13053003.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
Canada Cuts Student Visa Permits for Indians by 31% — Is the Canadian Dream Fading?
Canada reduces student visa permits for Indians by 31%. What it means for Fall 2025 aspirants and whether the Canadian dream is at risk—explained.
Gold rate today: Yellow metal rises; check the latest prices in your city on May 28
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Moneycontrol
Gold rate today: Yellow metal rises; check the latest prices in your city on May 28
Gold rate today: Yellow metal's June contracts on MCX opened at Rs 95,287 per 10 gram today.
#ClosingBell 🔔| Nifty Sulks But Holds 24,750; Midcaps Outperform| ITC, LIC In Focus
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#MCTrends | Paytm CEO declares ChatGPT as the 'new consultant in town' amid Mckinsey layoffs
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Moneycontrol
Paytm CEO declares ChatGPT as the 'new consultant in town' amid Mckinsey layoffs
Vijay Shekhar Sharma's post underscores the growing influence of artificial intelligence tools like ChatGPT in the consulting sector. The integration of generative AI into business operations is prompting firms to reassess traditional consulting models.
#MarketsWithMC | May monthly F&O expiry tomorrow: Nifty could trade in range of 24,700-25,200, Bank Nifty support lies at 54,800, say experts
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Moneycontrol
May monthly F&O expiry tomorrow: Nifty could trade in range of 24,700-25,200, Bank Nifty support lies at 54,800, say experts
On the lower side 24,700-24,650 is likely to act as immediate support while short-term support is seen at 24,400–24,500, say analysts at Bajaj Broking Research
SEBI bars former IndusInd Bank MD Kathpalia and others for alleged insider trading
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Moneycontrol
SEBI bars former IndusInd Bank MD Kathpalia and others for alleged insider trading
The officials facing insider trading allegations have been given 21 days from the date of receipt of the order to file their reply.
IndusInd Bank management was aware of derivatives discrepancies 15 months before disclosure: SEBI
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Moneycontrol
IndusInd Bank management was aware of derivatives discrepancies 15 months before disclosure: SEBI
The bank had revealed the numbers on March 10, 2025.
#MarketsWithMC | Stock futures jump, Dollar gains on tariff ruling
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https://www.moneycontrol.com/news/business/markets/stock-futures-jump-dollar-gains-on-tariff-ruling-13057919.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
Stock futures jump, Dollar gains on tariff ruling
Asian shares rose and contracts for the S&P 500 and Nasdaq 100 gained 1.6% and 2%. Equities in Japan and South Korea also advanced at the open.
Insecticides India shares jump 8% as profit surges 85% YoY in Q4
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Moneycontrol
Insecticides India shares jump 8% as profit surges 85% YoY in Q4
Insecticides India reported a stellar Q4FY25 with 85 percent Y-o-Y PAT growth and a 226 percent surge in EBITDA
India's gold hoard up 7% at 879.59 tonnes in FY25 📊
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https://www.moneycontrol.com/banking/india-s-gold-hoard-up-7-at-879-59-tonnes-in-fy25-article-13061116.html#goog_rewarded?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
India's gold hoard up 7% at 879.59 tonnes in FY25
A combination of fresh purchases, a 30% increase in the price of the precious metal and the depreciation of the rupee against the dollar added to the surge