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Swiggy eyes IPO filing this week; may seek to raise over $1 billion

Details of the offering such as size and timing are still under discussion and subject to change, they said

World braces for Federal Reserve easing amid 36-hour rate rollercoaster

When Fed policymakers sit down Tuesday for the start of their two-day meeting, they'll have fresh figures on the state of consumer demand

Temasek nears deal to acquire a significant minority stake in VFS Global

Blackstone will remain the majority shareholder in VFS after the transaction, the people said. Considerations are ongoing and no final decisions have been made, they added

LG Electronics picks banks for $1.5 billion listing of Indian unit

LG has tapped banks including Bank of America Corp., Citigroup Inc., JPMorgan Chase & Co. and Morgan Stanley as arrangers for an IPO

Byju's bankruptcy ruling in US comes as a surprise for Indian official

The development was surprising and in conflict with insolvency proceedings in India

Indian filmmaker accuses Netflix of copying his movie for Squid Game series

Filmmaker, Soham Shah, sued Netflix in federal court in New York on Friday, alleging that the show is a blatant rip-off of his Hindi-language film Luck

Even Facebook couldn't compete with Google, says ex-ad chief Boland

Boland likened the technique to Google being able to select the 30 best apples from a crate before anyone else got the chance to buy

As regulators get tough, Big Tech's easy ride is coming to an end

Now Google and Apple are getting slapped for those blatantly unfair advantages

Shahi Exports' Harish Ahuja pays $27 mn for home in London's Notting Hill

The property offering more than 20,000 square feet of space is a short walk from Kensington Gardens

Here's how India's elite homeowners have now become slumdog millionaires

The arc of the bankruptcy law in India bends toward power, not justice, and here, there is a power vacuum

Elon Musk calls Australian govt 'fascists' over social media laws

The proposed legislation is the latest fight between Australia's government and global tech giants

OpenAI fundraising set to catapult startup's valuation to $150 billion

The funding round is slated to be led by Thrive Capital, Bloomberg previously reported. Thrive declined to comment on the latest valuation

Microsoft to cut 650 jobs from its Xbox unit in third layoff this year

Xbox employees had been bracing for further reductions after Microsoft cut 1,900 jobs, many from Activision units and studios, in January

Berkshire Hathaway's Ajit Jain sells over half of his class A shares

Jain, one of Buffett's top lieutenants, disposed of 200 of the Class A shares for about $695,418 each, according to a regulatory filing Wednesday

'Perfectworld': Isaacman makes history with 1st private spacewalk

The space walk served as the main event for the ongoing mission in Earth orbit. Launched early Tuesday morning, the flight's primary goal is to test SpaceX's spacesuits in the vacuum of space

Sebi considers new stricter rules to curb risks as tiny IPOs boom

Mandating a longer track record of profitability and greater scrutiny of financial statements are the other potential steps under review, the person said

HDFC in talks with int'l banks to offload $1 bn in loans to cut credit book

The proposed loan portfolio sales, with terms yet to be finalised, would take place through a debt instrument known as pass through certificates, the people added

JPMorgan to cap junior banker hours, BofA monitors workload amid complaints

JPMorgan Chase & Co. will limit junior banker hours to 80 per week in most cases, according to a person with knowledge of the matter

China asks its carmakers to keep advanced EV technology within country

The instructions come as companies from BYD Co. to Chery Automobile Co. firm up plans to build factories in Spain to Thailand and Hungary as their innovative EVs make inroads in foreign markets

SpaceX's rival AST SpaceMobile soars 1,300%; now comes the satellite launch

AST's stock is up about 1,300% since hitting a record low in April and the best performer in the small-capitalization Russell 2000 Index over the past six months