Billion

Paint sector in India will double by FY27 to 7.8 billion litre per annum: Crisil

MUMBAI: The organized paints sector in India is on the cusp of significant expansion, with production capacity expected to nearly…

5 months ago

State Bank of India Board approves raising up to $3 billion via debt

SBI did not disclose the intended use of the proceeds from the fundraising. The State Bank of India (SBI), the…

5 months ago

Golden Goose targets $2 billion market cap in Milan IPO

By Reuters Published Jun 11, 2024 Golden Goose is aiming for a market capitalization of up to 1.86 billion euros…

5 months ago

Southwest Airlines jumps after report of Elliott’s $2 billion stake

Southwest Airlines' shares rose about 7% in premarket trade on Monday after the Wall Street Journal reported that activist investor…

5 months ago

Ethereum’s Shapella Upgrade to Unlock Around $33 Billion of Staked Ether

Investors are finally set to gain access to more than $33 billion (roughly Rs. 2,70,900 crore) of ether this week…

5 months ago

BlackRock has slashed the value of stake in Byju’s, once worth $22 billion, to zero

BlackRock, an investor in Byju’s, estimates that its stake of Indian edtech giant, once valued at $22 billion, is now…

5 months ago

Forex reserves rise $4.8 billion to record $652 billion

MUMBAI: India's foreign exchange reserves jumped $4.8 billion to hit a record high of $651.5 billion in the week ended…

6 months ago

Elon Musk Requests US Judge to End $258 Billion Dogecoin Lawsuit Against Him

Elon Musk asked a US judge on Friday to throw out a $258 billion (roughly Rs. 21,20,200 crore) racketeering lawsuit…

6 months ago

USDC Investors Pulled $3 Billion From Stablecoin in Three Days, Circle Says

Crypto investors pulled around $3 billion (roughly Rs. 24,840 crore) overall from the stablecoin USDC in three days, the company…

6 months ago

FTX Transferred $2.2 Billion to Sam Bankman-Fried via Alameda Research and Related Entities, New Managers Say

Bankrupt cryptocurrency exchange FTX made transfers of about $2.2 billion (roughly Rs. 18,200 crore) to company founder Sam Bankman-Fried through…

6 months ago

Zcash, Litecoin Among 280 Blockchains Affected by Major Vulnerabilities, $25 Billion at Risk: Halborn

At least 280 blockchains currently contain security bugs that could be used to take advantage of multiple vulnerabilities on their…

6 months ago

Chanel’s record dividend brings owners’ windfall to $12 Billion

By Bloomberg Published Jun 6, 2024 The billionaire family behind Chanel will have pocketed $12.4 billion in payouts from the…

6 months ago

Pixar’s Finding Nemo 3 Plan Has Me Worried, Despite $1 Billion Sequel Success

Summary Pixar plans to focus more on existing IP with sequels and spinoffs, citing disappointing returns from movies like Turning…

6 months ago

Baron marks up Swiggy valuation to over $15 billion

MUMBAI: In a boost for IPO-bound Swiggy, its US-based investor Baron Capital has marked up the company's valuation yet again.…

6 months ago

Lenskart raises $200 million, co valued at about $5 billion

MUMBAI: Lenskart has raised $200 million from Temasek and Fidelity Management & Research in a secondary investment, the startup's financial…

6 months ago

BlackRock’s $20 Billion IBIT Becomes The World's Largest Bitcoin ETF

BlackRock's spot bitcoin exchange-traded fund (ETF), iShares Bitcoin Trust (IBIT), has overtaken Grayscale's Bitcoin Trust (GBTC) as the world's largest…

6 months ago

Apple Stock Value Surges By $112 Billion After Signal of AI Intent

The stock market has punished Apple Inc. this year for failing to offer a vision of where its future growth…

6 months ago