SpaceX is valued at more than $2 trillion, while Tesla has a market value of about $1.5 trillion. Elon Musk openly endorsed the prospect of combining SpaceX with Tesla Inc in what would be the biggest-ever corporate merger, uniting assets from electric cars to AI data centres to rocket and satellite capabilities. The world’s richest…
Core sector grew 7.9% in Sept, compared with 3.1% a year ago, driven by strong performance in electricity, cement and refinery products and aided by a favourable base as well, official data released Tuesday showed. Sequentially, the growth marked acceleration from an upwardly revised figure of 5.9% in Aug. This is the strongest performance of…
eMudhra certificates blocked by Google and Mozilla BANGLURU/ NEW DELHI: Bengaluru-based digital trust and cybersecurity company eMudhra has acknowledged a cryptographic flaw that generated weak private keys linked to eight intermediate digital certificates in its global website-certificate business, potentially allowing attackers to impersonate legitimate websites. Shares fell 20% on BSE.The company said the affected TLS…
MUMBAI: The Oct Monetary Policy Committee minutes show that the governor and RBI members were more hawkish than the two external members, who favoured retaining the ‘neutral’ stance rather than shifting to ‘calibrated tightening’, arguing that inflation was driven predominantly by supply-side factors.RBI’s MPC voted unanimously to raise the repo rate by 25 basis points…
The DCC determines where social-security contributions are paid. (Image for representative purpose only) Employees movement from one country to another for work usually brings questions around the minimum salary, immigration and taxes. Such moves can also trigger less obvious social security obligations in both countries, potentially increasing the cost of an international assignment. This was…
MUMBAI: For the first time since March 2025, RBI on Wednesday rejected all the 224 bids in the three treasury-bill (T-bill) auctions through which govt was set to borrow Rs 23,000 crore.Due to a tight fund-flow situation in the system, on the back of a high govt balance, GST-related outflows and funds getting blocked primarily…
Barclays to slash 5,000 jobs Barclays plans to eliminate around 5,000 jobs, or 5% of its global workforce, by the end of this year as the British lender streamlines its operations and increases its investment in technology, including artificial intelligence (AI).The bank has already closed 1,000 positions and expects to cut another 4,000. Around 60%…
Tata Sons and Tata Trusts are in talks with insurance companies about cover for possible legal claims arising from their dispute over the future of the $185 billion Tata Group.Executives from both sides want to know how much of their legal costs would be covered under directors and officers liability insurance if the dispute goes…
India’s private capex pipeline rises 39% to Rs 99.7 lakh crore, UBI flags risks India’s planned private sector investments touched Rs 99.7 lakh crore in September 2026, with the pipeline expanding 39% over a year. However, the sharp rise in project costs has not been matched by a similar increase in the number of projects,…
As the relationship between the couple deteriorated, the woman asserted that the house belonged solely to her. (Image for representative purpose only) A property is in the joint name of a husband and wife. But only one of the two has directly or indirectly supplied funds for its purchase? In case of a marital discord,…
