Musk Denies $2 Trillion SpaceX IPO Report, Slams Bloomberg
Elon Musk has dismissed a Bloomberg report claiming SpaceX is targeting a $2 trillion valuation for a potential IPO, calling it 'bs'. The company filed confidentially for a June listing.
Category : Corporate News
Safety Controls Devices Ltd Gets Rs 12.67 Cr Anchor Investment
Safety Controls Devices Limited has secured a significant anchor investment of Rs 12.67 crore ahead of its IPO opening on April 06, 2026. This strategic move boosts investor confidence and highlights the company's strong market position in safety control
CII Praises Jan Vishwas Bill 2026 as Major Business Reform
The Confederation of Indian Industry has strongly endorsed the Jan Vishwas Bill 2026, calling it a landmark reform that will significantly ease compliance burdens and boost economic growth in India.
IndianOil Confirms Normal LPG Supply, No Shortage
IndianOil has officially stated that domestic LPG supply is normal across India, with no shortages reported. The company is monitoring the situation closely to ensure uninterrupted availability for consumers.
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Rethinking Talent & AI: SRIF HR Summit 2026 Insights
The SRIF HR Summit 2026 highlighted how AI is transforming talent management, emphasizing human-centric approaches and ethical integration in corporate HR strategies.
Samsung Electronics to Report Record Quarterly Profit Surge
Samsung Electronics is expected to post a stupendous surge in quarterly profit, reaching record levels driven by strong demand for AI chips and memory products.
Overwork Myth Exposed: Long Hours Don't Boost Productivity
New global research challenges the entrenched belief that longer work hours equal greater productivity. Studies reveal shorter workweeks maintain or improve output while enhancing employee wellbeing.
Times Internet to Host Delhi Half Marathon in 2026
Times Internet has announced it will organize the Delhi Half Marathon in 2026, marking a significant move in sports management and corporate engagement in India.
Trump's 100% Drug Tariff Limited Impact on India
Biocon CEO states Trump's proposed 100% tariff on patented drugs has limited direct impact on Indian pharma, but rising global protectionism poses a significant long-term concern for the industry.
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Tim Cook on Denial Over Steve Jobs' Illness and His Legacy
Apple CEO Tim Cook opens up about his years of denial regarding Steve Jobs' terminal illness, his shock at Jobs' death, and how Jobs' principles continue to shape Apple today.
Pharma Duty Exemption Brings Limited Relief as Costs Soar
The government's customs duty exemption on petrochemical-based solvents for medicines from April 1 to June 30 may provide only minor relief, with pharmaceutical industry players warning of rising material costs and potential MRP increases due to the West
Tata Chairman Warns CEOs of Tough Times Amid War Supply Chain Crisis
Tata Sons chairman N Chandrasekaran has alerted group CEOs to prepare for a tougher business environment due to West Asia war disruptions, affecting supply chains and employee safety.
Adani Visits Ram Temple, Pledges AI for Vedic Education
Adani Group Chairman Gautam Adani visited Ayodhya's Ram Temple on Hanuman Jayanti, calling it a symbol of cultural unity. He pledged AI-enabled lab support for Gurukul education.
Aviation Ministry Halts 60% Free Seat Mandate After Lobbying
The civil aviation ministry has suspended its directive requiring airlines to offer 60% of seats free of charge, citing operational and commercial concerns raised by carriers amid cost pressures from the Iran war.
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Vamsi Burra Takes Over as POWERGRID Chairman and MD
Vamsi Rama Mohan Burra has been appointed as the new Chairman and Managing Director of Power Grid Corporation of India Limited (POWERGRID). He brings over 33 years of experience in power transmission and telecom. Meanwhile, UPPCL announces a 16-hour shutd
Emami Acquires Axiom for Rs 200 Cr, Targets Rs 180 Cr Revenue
Kolkata-based FMCG giant Emami has signed a definitive agreement to acquire the remaining 73.5% stake in Axiom for Rs 200 crore, aiming to boost its top line to Rs 180 crore this fiscal year from Rs 107 crore in 2024-25.
Oil Prices Jump as Trump Vows to Hit Iran Hard
Brent crude oil prices have surged above $109 per barrel following former President Donald Trump's aggressive stance toward Iran, with US West Texas Intermediate futures experiencing their largest absolute price increase since 2020.
NLRB Orders Amazon to Bargain with Staten Island Union
The National Labor Relations Board has ruled that Amazon must negotiate with the Staten Island union, citing unfair labor practices for refusing to bargain or recognize the group.
Bengaluru Auto LPG Crisis: Drivers Queue for Hours Amid Shortage
Bengaluru faces an acute auto LPG shortage with drivers spending 4-5 hours daily in queues. Rising prices and limited supply disrupt livelihoods and commuter services across the city.
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Amazon Adds 3.5% Fuel Surcharge Amid Iran War Energy Spike
Amazon announces a 3.5% fuel and logistics surcharge for sellers using its shipping services, citing soaring oil prices due to the ongoing Iran conflict. The fee takes effect in April for FBA merchants.
Waltair Railway Division Sets Revenue, Freight Records in 2025-26
The Waltair railway division of East Coast Railway has become the fifth-highest revenue earner in Indian Railways, achieving record freight loading and passenger traffic growth, with a ₹1,600 crore increase in 2025-26.
Oracle Layoffs: Recruiter's Truth About Job Security
As Oracle joins Amazon, Meta, Google and Microsoft in mass layoffs, a corporate recruiter delivers a blunt message: loyalty and performance don't guarantee job security. Learn the three crucial lessons for surviving today's volatile tech job market.
Tim Cook Calls Trump Administration 'Very Accessible'
Apple CEO Tim Cook describes the Trump administration as 'very accessible,' emphasizing the importance of engagement over criticism in global business and policy discussions.
Dimon: Remote Work Companies Will Fall Behind
JPMorgan Chase CEO Jamie Dimon warns that companies relying on remote work will be outperformed by those with in-person policies, citing collaboration and development concerns.
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Bata CEO Aims to Double India Business in 5 Years
Bata Group CEO Panos Mytaros outlines aggressive growth strategy for India, focusing on sneakers, store expansion, and e-commerce to revive the 'sleeping giant' market.
West Asia Conflict Cuts India PE-VC Investment by 22% in Q1
Private equity and venture capital investments in India dropped 22% to $9.1 billion in Q1 2026, with the West Asia conflict cited as a key factor disrupting supply chains and investor confidence.
Nimbus BPO to Open Noida Branch on April 3, Plans Rebranding
Nimbus BPO will inaugurate its new branch in Noida on April 3, marking a strategic expansion into the National Capital Region. The company also announced plans for rebranding and further growth in the BPO sector.
Tata Communications Leads Gartner Quadrant for 13th Year
Tata Communications has been recognized as a Leader in the Gartner Magic Quadrant for Network Services, Global for the 13th consecutive year, highlighting its strong market presence and execution capabilities.
Reliance SEZ Refinery Exempt from Windfall Tax on Exports
A senior official confirms that Reliance's SEZ refinery will not face windfall tax on diesel and ATF exports, despite new government levies effective March 26, 2026.
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Tradeify Partners with Cricket Star Travis Head
Tradeify, a leading e-commerce platform, has announced a strategic partnership with Australian cricket superstar Travis Head to enhance brand visibility and drive growth in the sports and lifestyle sectors.
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