Business

Meesho Receives SEBI Approval for $700–800M IPO

By BPN News Desk
E-commerce company Meesho has received clearance from the Securities and Exchange Board of India (SEBI) to launch its initial public offering (IPO), aiming to raise between $700–800 million. This makes it one of the largest upcoming listings by a new-age Indian startup. IPO Structure and Listing Plan The issue will include a fresh share sale […]
Business Markets

Sensex Ends 484 Points Higher

By BPN News Desk
The BSE Sensex climbed 484 points on Friday, while the Nifty 50 crossed the 25,700 mark to close at a fresh one-year high. Key winners and movers Stocks such as Asian Paints and Mahindra & Mahindra saw double-digit gains of around 4% and 3% respectively. Among financials and energy names, Reliance, HDFC Bank, and ICICI […]
Image Credit: U.S. AIR FORCE ACADEMY
Business

Musk Admits X Is Underpaying Creators

By BPN News Desk
Elon Musk conceded that X (formerly Twitter) is underpaying content creators and that payment allocation on the platform is not accurate enough. Praise for YouTube’s model In contrast, Musk lauded YouTube’s monetization system, saying it is more efficient and fair for creators. Creator backlash Many creators have long complained about unpredictable earnings and lack of
Business

Coca-Cola Weighs $1 Bn IPO of India Bottler

By BPN News Desk
Coca-Cola Co. is reportedly considering an initial public offering (IPO) of its main Indian bottling unit, Hindustan Coca-Cola Beverages Pvt. Ltd., with a potential fundraising target of around $1 billion. Advisors and timeline The company is said to be in early discussions with financial advisors to evaluate market conditions and structure of the share sale. […]
Business

Wipro Q2 Profit Up 1.2%, Shares Drop

By BPN News Desk
Wipro Ltd reported a consolidated net profit of ₹3,246 crore in Q2 FY26, up 1.2% from ₹3,209 crore a year earlier. The figure fell short of street expectations. Revenue and guidance The company expects Q3 IT services revenue to be between USD 2.59 billion and 2.64 billion. Deal bookings reportedly jumped by 91% in the […]
Business Finance

Axis Bank Shares Rise Despite Profit Drop

By BPN News Desk
Axis Bank reported a 26 % year-on-year drop in net profit for Q2 FY26, down to ₹5,090 crore. The decline was driven by a sharp rise in provisions, including a one-time ₹1,231 crore standard asset provision linked to discontinued crop loans. Core performance shows resilience Despite the earnings hit, the bank’s core business held steady. […]
Finance

Delhi HC Questions Removal of GST Aid

By BPN News Desk
The Delhi High Court has asked the Centre to explain why it removed a GST concession for the differently-abled on vehicle purchases. The court said taking away a benefit already granted is troubling. What changed Earlier, persons with locomotor disabilities were eligible for a lower GST rate on certain cars compared to the standard 28%. […]
Business

Adani, Google to Build India’s Largest AI Hub

By BPN News Desk
Adani Enterprises, through its joint venture AdaniConneX, has partnered with Google and Airtel to establish India’s largest AI data centre campus in Visakhapatnam, Andhra Pradesh. Scale and Scope Google will invest $15 billion over five years (2026–2030) to create a 1-gigawatt data centre campus. The facility will be designed to handle massive AI workloads and […]

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