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Subscribe to enjoy similar stories. Rather than pursue a conventional initial public offering, SpaceX could go public through a merger with wireless phone, TV and satellite company EchoStar. It’s an admittedly an unconventional and seemingly far-fetched idea, but SpaceX’s leader and controlling shareholder, Elon Musk, is a maverick who has succeeded by flouting conventional rules.

Subscribe to enjoy similar stories. OpenAI is aiming to raise as much as $100 billion as it seeks to pay for ambitious growth plans in a market that has cooled recently on the artificial-intelligence boom. The fundraising round, which is in the early stages, could value the company at as much as $830 billion, if it raises the full amount it is targeting, people familiar with the matter said.

It’s a reasonable hope that no single platform comes to dominate India’s adoption of AI chatbots. Social media saw free services join forces with network effects to place all major formats under the control of X and Meta’s three popular platforms. November data from a report by Bank of America Securities suggests that we might escape that fate in the AI chatbot space.

Subscribe to enjoy similar stories. As the markets trade very close to record highs, finding value always becomes a challenge. However, here are three stocks from the chemical sector that continue to remain undervalued using specific criteria.

Accenture Plc reported $1.1 billion in advanced AI revenue in its first quarter (September-November 2025) on Thursday, compared to $500 million in the year-ago period, marking a 120% jump in the disruptive technology.Significantly, the world’s largest technology and consulting services company said it will not disclose numbers from AI business in the future, as the technology has become all-pervasive.“This will be the last quarter in which we share advanced AI bookings and revenues,” read Accenture’s earnings presentation on Thursday. “We have now reached a point where advanced AI is being embedded in some way across nearly everything we do, and many of our clients are focusing on moving beyond standalone proofs of concept or initiatives.”Accenture chair and chief executive Julie Sweet said, “It has become less meaningful to isolate the data specifically for advanced AI, as it does not reflect how the demand is evolving on the ground, the scope, the full scope of our AI work and the value we're creating.”At least one expert said Accenture’s move is also to avoid any confusion.“Accenture’s decision is pragmatic rather than evasive — GenAI is now deeply embedded across deals, pricing models, and delivery constructs, rather than a clean, standalone revenue line,” said Phil Ferhst, chief executive of HFS Research.

Subscribe to enjoy similar stories. New Delhi: India's food delivery sector directly employed 1.37 million workers in 2023-24, up from 1.08 million in 2021-22, expanding at a compound annual growth rate (CAGR) of 12.3%, according to a recent study by the National Council of Applied Economic Research (NCAER), and investment group Prosus. It thus comfortably outpaced India’s overall employment growth rate of 7.9% over the same period.

Subscribe to enjoy similar stories. NEW DELHI: The Centre plans to scrap expiry-based licences for medical devices and introduce perpetual approvals alongside uniform lab testing rules, according to two officials and a draft notification reviewed by Mint.

Subscribe to enjoy similar stories. More than a decade ago, this was a small, largely overlooked retail chain with a limited footprint. Its stores were concentrated in smaller towns, markets where a large share of India's population lives and spends, but organized retail penetration remained low.

Medical diagnostic chain House of Diagnostics (HOD) has begun the process of raising $30-40 million in a largely primary funding round, two people familiar with the matter said, as the medical diagnostic and healthcare services space heats up.“The company has been working closely with EY India to do the round,” one of the people said. If the round goes through as planned, it will likely be the company’s first external funding.

India’s capital markets have grown by leaps and bounds since 1991, when economic liberalization began. Be it in terms of participation or infrastructure, they now compare with the best in the world. But this boom has been all but stolen by the equity market.When it comes to the market for debt, especially corporate bonds, ours lags woefully behind those of not just advanced countries, but many of our peers as well.

Mint’s requests for a comment.Amid media reports, Shriram Finance informed the exchanges late Tuesday that its board is scheduled to meet on Friday to consider a proposal to raise funds through a rights issue, preferential allotment, qualified institutional placement, or any other permissible mode. The transaction is expected to be carried out through a fresh issue of equity shares and/or other eligible securities, the company had said in the regulatory filing.The development comes on the back of a larger trend by global strategic players looking to enter India with large buyout deals.

Subscribe to enjoy similar stories. President Donald Trump’s search for the next Federal Reserve chair is stretching into the new year, and the way the race is unfolding is offering investors an early look at what matters most to the White House and what questions the president is asking candidates. Treasury Secretary Scott Bessent said Tuesday that a decision on the next Fed chair is unlikely before January, even as Trump interviews candidates and publicly signals frustration with the central bank’s direction.

Subscribe to enjoy similar stories. Office workers are filled with anxiety. Tuesday’s jobs report was the latest ominous sign in an era of big corporate layoff announcements and CEOs warning that AI will replace workers.

Tata Consultancy Services Ltd (TCS), India's largest software services company, has won a mega deal valued at more than $1 billion revenues over 10 years from Telefónica UK, the British arm of Spanish telecom giant Telefónica, ending a nearly two-year drought in bagging such large deals.Telefónica UK runs the O2 brand of mobile phone services in the UK.Mumbai-based TCS will offer application and infrastructure work as part of this contract, much of which is new work for the company, said two executives privy to the development requesting that they remain unidentified in this story. A formal announcement is expected in the coming weeks.This is the fourth $1-billion deal, all in the UK, under managing director and chief executive officer (CEO) K.

₹5,000 crore into three loss-making and financially weak public sector general insurers—United India Insurance Co. (UIIC), National Insurance Co.

Subscribe to enjoy similar stories. Despite the government’s stated policy goal of increasing the share of natural gas in India’s energy basket, consumption of the environmentally friendly fuel fell 8.6% annually in the April-October period of FY26, according to data from the petroleum planning and analysis cell (PPAC). In absolute terms, consumption declined to 40,068 million metric standard cubic metres (mmscm) during the first seven months of FY26, compared to 43,583 mmscm over the same period in FY25.

The bill was tabled by Shivraj Singh Chouhan, minister for rural development and agriculture & farmers’ welfare.Mint reported on 15 December that the proposed legislation seeks to provide a statutory guarantee of 125 days of wage employment, up from the current 100 days, in every financial year to each rural household whose adult members are willing to undertake unskilled manual work.The scheme will operate as a centrally-sponsored scheme, with the Union government bearing 90% of the financial burden for north-eastern and Himalayan states and Union territories, and 60% for other states. Respective states will need to stump up the rest.The expenditure under the scheme will depend on the number of persons reporting for work, the applicable wage rate, and the material and administrative components of the work.

Subscribe to enjoy similar stories. In September last year, more than 1,400 people filled the streets in Sydney’s world-famous Bondi Beach neighborhood to celebrate the opening of a new synagogue and community center. It was a different scene on Tuesday, just days after two gunmen killed 15 people and injured more than three dozen people at a nearby Hanukkah festival, including two rabbis affiliated with the Chabad of Bondi center.

Subscribe to enjoy similar stories. Artificial intelligence might turn the world’s most valuable private company into one of the world’s most valuable publicly traded companies in 2026. This, of course, is about Elon Musk’s rocket company SpaceX, which he believes can become an AI player after essentially inventing the modern space business and creating the first killer space application, satellite broadband, enabled by lower launch costs.

Subscribe to enjoy similar stories. MUMBAI : Gajendra Singh Shekhawat, India's Union minister for tourism and culture, on 15 December informed the Lok Sabha, through written replies, of the government's initiatives to promote homestays, especially in tribal areas. Mint explains what these policies are and why the government is keen on homestays.

Subscribe to enjoy similar stories. The U.S. government has tried to address the long decline in stock-exchange listings by relaxing the rules for small public companies.