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Business

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Business

AI firm Anthropic valued at $183bn after $13bn raise

Anthropic has closed a deal to raise $13 billion from traders in a brand new funding spherical that almost triples its valuation to $183 billion, together with {dollars} raised – a larger-than-expected haul that makes the AI firm one of the helpful startups on this planet. The financing, one of many largest so far for […]

Business

SEBI comes out with new framework for monitoring intraday position in index options

The new guidelines have been issued after SEBI noticed rising situations of outsized intraday Future Equivalent. File. | Photo Credit: Reuters Markets regulator SEBI got here out with a new framework for monitoring intraday positions in fairness index derivatives, a transfer geared toward stopping dangers attributable to massive exposures. Under the new framework, the web

Business

National Company Law Tribunal admits Aban Offshore under insolvency process

Image used for illustration goal solely. The National Company Law Tribunal (NCLT), Chennai, on Monday (September 1, 2025) admitted Aban Offshore Ltd. for insolvency decision, following a petition filed by Punjab National Bank. The order copy is awaited, Aban Offshore stated in a submitting to the inventory alternate. Punjab National Bank, a monetary creditor, had

Business

Nestle sacks CEO over ‘undisclosed romantic relationship’ in office

Nestle CEO Laurent Freixe (left) and Nestle chairman Paul Bulcke (proper) attend a normal shareholders assembly of Swiss meals big Nestle in Ecublens, close to Lausanne, on April 16, 2025. | Photo Credit: AFP Swiss meals big Nestle on Monday (September 1, 2025) dismissed Laurent Freixe as chief government with speedy impact over an “undisclosed

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