MillenniumPost

Business - Page 128

OpenAI hits $500 bn valuation after share sale to SoftBank, others: Source

2 Oct 2025 11:51 PM IST
Washington: OpenAI, the company behind ChatGPT, has reached a valuation of $500 billion, following a deal in which current and former employees sold...

Moody’s upgrades outlook on JSW Steel to positive from stable

2 Oct 2025 11:51 PM IST
New Delhi: Moody’s Ratings upgraded its outlook on domestic steel major JSW Steel and its US-based arm Periama Holdings LLC to positive from...

Copper industry flags CEPA threat on rising UAE imports

2 Oct 2025 11:50 PM IST
New Delhi: The Indian Primary Copper Producers Association (IPCPA) has raised alarm over rising imports of copper rods from the UAE under the...

‘Electronics component scheme gets proposals of Rs 1.15 lakh cr’

2 Oct 2025 11:29 PM IST
New Delhi: The Electronics Component Manufacturing Scheme (ECMS) has received investment proposals worth Rs 1.15 lakh crore, Union Minister for...

Centre mulling proposal to create Rs 20,000 cr risk guarantee fund

2 Oct 2025 11:29 PM IST
New Delhi: The government is considering a proposal for creation of a Rs 20,000 crore risk guarantee fund for the infrastructure sector to push...

Govt invites proposals under PRIP scheme for industry, startup projects

2 Oct 2025 11:28 PM IST
New Delhi: The government has invited applications for research and innovation projects under its Promotion of Research and Innovation in...

IT sector sees subdued growth in FY26, AI-powered rebound in next fiscal: Report

2 Oct 2025 11:28 PM IST
New Delhi: The Indian IT sector is bracing for muted growth in FY26, with major firms projecting only 1–5 per cent revenue expansion, even as large...

Nuvama gets Sebi’s nod to set up MF business

2 Oct 2025 11:28 PM IST
New Delhi: Financial services company Nuvama Wealth Management Ltd has secured approval from Securities and Exchange Board of India (SEBI) to set up...

At `11,600 crore, LG Electronics IPO to be 2nd biggest issue in 2025

2 Oct 2025 11:27 PM IST
New Delhi: The Rs 11,600-crore initial public offering (IPO) for LG Electronics India, the domestic arm of South Korea-based global electronics giant,...

‘Housing sales in Mumbai, Pune dip 17% in Q2’

2 Oct 2025 11:27 PM IST
New Delhi: Housing sales in the Mumbai Metropolitan Region (MMR) and Pune fell 17 per cent year-on-year to 49,542 units in the July-September quarter,...

Tata Power arm to set up 80 MW FDRE project at Rs 1,200 crore

2 Oct 2025 11:27 PM IST
New Delhi: Tata Power Renewable Energy Ltd (TPREL) has signed a power purchase agreement with Tata Power Mumbai Distribution to develop an 80 MW Firm...

Musk becomes first person to hit $500 billion net worth

2 Oct 2025 11:26 PM IST
Washington: Elon Musk on Wednesday became the first person to surpass $500 billion in net worth, powered by a rebound in Tesla’s share price this year...
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