Starbucks to shut stores, cut jobs as part of a $1-billion restructuring plan
Starbucks’ restructuring effort is part of a turnaround plan under CEO Brian Niccol, which still has “a long way to…
Month: September 2025
LG India IPO is set for October launch at much lower valuation
The LG India IPO, whose dates are now out, pegs the valuation of the company at $9 billion versus $15…
Hridayapoorvam worldwide box office collection: Mohanlal ‘grateful beyond words’ as his film crosses ₹100 crore
Hridayapoorvam worldwide box office collection: Mohanlal penned a heartfelt note of gratitude as his Onam release collected ₹100 crore.
India heads for busiest month for IPOs in nearly three decades
Of the 25 IPOs in September, 15 have collectively raised nearly $1 billion, while the remaining 10 are are expected…
India asks US to allow Iran or Venezuela oil in order to curb Russia oil imports
Cutting off India’s supply from Russia, Iran and Venezuela—all major crude oil producers—could lead to a spike in global prices,…
India may choose French engines for its fighter jets as US talks drag on
India Tejas Mark-2 fighter jet was to be powered by the US-made GE F-414 engines, but talks over supply have…
US lawmakers move bill targeting Indian shrimps
The proposed higher duties are sought to be applied independently of the steep 50% tariffs currently imposed by the US…
Govt signs $7-billion deal with Hindustan Aeronautics for supply of 97 fighter jets to Indian Air Force
The Tejas Mk-1A fighter jets made by Hindustan Aeronautics are more than 64% localised, India’s defence ministry says.
INR USD | RBI likely selling dollar to support rupee amid slide in exchange rate
Traders say that public sector banks were spotted offering dollars near the 88.70 mark, most likely on behalf of the…
Larry Ellison’s philanthropy comes into focus amid surge in net worth
Oracle’s Larry Ellison has seen his net worth grow to rival Elon Musk’s due to new AI initiatives of the…