IPO-bound hospitality giant OYO has taken a major step in redefining its corporate identity. Its parent company, Oravel Stays Limited, will now operate under a new name — Prism. The rebranding comes after a large-scale global naming competition that saw over 6,000 entries and a cash prize of ₹3 lakh for the winning suggestion. The
In a major development for India’s booming edtech sector, PhysicsWallah (PW), founded by Alakh Pandey, has filed updated draft red herring prospectus (UDRHP) with the Securities and Exchange Board of India (SEBI). The company plans to raise a massive ₹3,820 crore through its upcoming initial public offering (IPO), making it one of the most anticipated
In a major step toward strengthening cross-border clean energy cooperation, Adani Power and Bhutan’s Druk Green Power Corporation (DGPC) have signed agreements to jointly develop a 570 MW Wangchhu hydroelectric project in Bhutan. The venture, with an estimated investment of ₹6,000 crore, will not only enhance Bhutan’s energy security but also boost power exports to
Mahindra & Mahindra Ltd. (M&M), India’s leading SUV manufacturer, has taken a decisive step to make its vehicles more affordable by fully passing on the benefits of the revised GST 2.0 rates to its customers. Effective today, the company’s entire ICE SUV portfolio is available at reduced prices, with savings of up to ₹1.56 lakh
Vietnamese EV maker VinFast Auto Ltd has officially entered India’s booming electric vehicle market with the launch of its VF6 and VF7 electric SUVs, priced aggressively at ₹16.49 lakh and ₹20.89 lakh (ex-showroom) respectively. By setting competitive price tags and committing to local production in Tamil Nadu, VinFast is aiming to challenge established Indian players
The government’s much-discussed GST 2.0 reforms were expected to provide significant relief to consumers and industries alike. While several daily-use essentials such as soaps, shampoos, hair oils, shaving creams, and toothpaste have witnessed a steep cut in GST from 18% to 5%, one major fast-moving consumer goods (FMCG) segment has been left out — detergents.
In a landmark corporate development, Vedanta Limited has emerged as the successful bidder for debt-ridden Jaiprakash Associates Limited (JAL), acquiring the diversified conglomerate for a staggering ₹17,000 crore. The high-stakes bidding battle, which also saw interest from the Adani Group, has ended with Vedanta securing one of the largest insolvency resolution transactions in recent years.
As India gears up for the grand festive season of 2025, the country’s biggest e-commerce players — Amazon and Flipkart — are preparing for what could be one of the most competitive online shopping seasons in recent memory. This year, festive sales are expected to get an extra push, thanks to a fresh cut in
The Asia Cup 2025 is just around the corner, and cricket fans across the continent are gearing up for a month of high-voltage action. Scheduled to begin on September 9, 2025, the tournament will feature top Asian teams battling it out for continental supremacy. Among the fixtures, the most talked-about clash remains India vs Pakistan
GST on luxury cars India’s automobile industry has entered a new phase of tax reform, with the government announcing revised GST slabs that will directly impact the pricing of cars, SUVs, three-wheelers, and other vehicles. At first glance, the news of a 40% Goods and Services Tax (GST) On luxury cars and SUVs may sound
