Business updates

Business updates

Sony’s TV spin-off: Can TCL sustain a venerable Bravia legacy?

Sony and TCL hope to leverage technology and manufacturing strengths, as a collective front amidst the competitive home entertainment device market.>

Netflix amends Warner Bros deal to all-cash offer to keep Paramount at bay

The new terms of Netflix-Warner Bros deal neutralise criticism by Paramount that the stock portion of the Netflix offer makes its bid inferior.>

IMF raises India’s FY26 growth forecast to 7.3%

India is projected to remain the fastest growing major economy, with growth rates of 7.3% for 2025-26 and 6.4% for 2026-27, says IMF.>

PhonePe IPO gets SEBI nod but needs to file an updated DRHP first

The PhonePe IPO is slated to be a pure offer for sale by existing shareholders, meaning the company won't be raising any additional funds for itself.>

AI PCs primarily for future-proofing, not immediate business value: Gartner

It is expected worldwide shipments will dip in 2026, on the back of potential price increases for consumers.>

Sensex, Nifty 50 tumble 1.5% each as trade war fears wipe out ₹10 lakh crore

Sensex plunges 1,065.71 points to 82,180.47, Nifty 50 dives 353 points to 25,232.50, as Donald Trump's Greenland tariff stokes fears of a trade war.>

India defines a ‘diamond’ amid lab-grown surge, US tariff woes

The Bureau of Indian Standards has enforced a new terminology framework under which “diamond” is now legally reserved for natural, mined stones.>

Jio Platforms IPO: Morgan Stanley, Goldman Sachs said to lead India's biggest IPO

Morgan Stanley and Goldman Sachs to lead the Jio Platforms IPO that would peg the valuation of India's largest telecom operator at $133-182 billion.>

IKEA plans to double India investment to $2.2 billion over next five years

The belief in India is very strong that it will be one of IKEA's top markets, IKEA India CEO Patrik Antoni says, unveiling plans for more stores and sourcing.>

Shadowfax IPO: The ‘Uber of Logistics’ hits the markets today — All the details

The Shadowfax Technologies IPO opens for subscription today. Check the price band, latest grey market premium, valuation, and full issue details here.>

Credits : HTimes