- Elon Musk's SpaceX eyes more than $2 trillion valuation in likely record-breaking IPO: Report April 3, 2026SpaceX aims for an IPO valuation over $2 trillion, potentially the largest market debut ever. The company confidentially submitted its draft papers for a public listing earlier this week. Details here.
- Microsoft plans $10 billion investment in Japan to grow AI, train 1 million workers by 2030 April 3, 2026The investment made by Microsoft in Japan will see the company training 1 million engineers and developers by 2030, it said. The plan was unveiled during a visit to Tokyo by Vice Chair and President Brad Smith.
- Who is Sharon Pais? Flipkart executive likely to take over as Myntra CEO after Nandita Sinha exits April 3, 2026Myntra CEO Nandita Sinha will step down after over a decade, ahead of Flipkart's IPO. Sharon Pais is likely to replace her. All about the executive who will take over Myntra.
- OpenAI expands into media with TBPN acquisition — read Fidji Simo's full message to team April 3, 2026The acquisition of TBPN came as somewhat of a surprise, given that OpenAI had not previously indicated any plans to enter the media business. Here's everything you need to know about the deal.
- Faith tech firms chase growth in $35 billion market with product push April 3, 2026As digital spirituality platforms expand into commerce, they are testing whether products can drive retention and revenue while navigating unorganized supply chains and counterfeit risks.
- Exports during 2025-26 to record positive growth despite global challenges: Official April 3, 2026India's exports are showing strong resilience. Despite global challenges, positive growth is anticipated for the fiscal year 2025-26. Merchandise exports have maintained momentum. Data for March and the full fiscal year will be released soon. This indicates a positive outlook for India's trade performance in the coming period.
- Manmade fibre exporters flag concerns arising from West Asia conflict April 3, 2026Rising crude oil prices due to the West Asian conflict are significantly increasing the cost of manmade fibre raw materials. This is creating immense pressure across the entire textile value chain. Customers are unable to absorb these higher costs, leading to a cautious approach from spinners and weavers.
- Income tax dept opposes benefits to Jane Street Singapore April 2, 2026India's tax office has challenged treaty benefits claimed by Jane Street's Singapore arm, suspecting ₹8000 crore in escaped income. The department invoked the MLI-Principal Purposes Test, questioning if obtaining treaty benefits was a primary purpose of the arrangement. This move could impact tax exemptions on derivative profits for Singapore-based […]
- Key petrochemical products get 3 month import duty relief April 2, 2026India has waived customs duty on key petrochemical imports until June 30. This move provides relief to sectors like pharmaceuticals, chemicals, and textiles. The government aims to ensure stable domestic supplies and control prices. This exemption is a temporary measure to support industries and consumers.
- India Inc seeks export ban on key inputs, QCO relief amid Iran war April 2, 2026Iran War: Industry is urging the government to consider an export ban on key raw materials like sulphur and helium, alongside temporary relaxations on quality control orders to ease sourcing. Suggestions also include a targeted work-from-home policy and higher ethanol blending in petrol to counter West Asian conflict impacts. The government is actively engag […]
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