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The new investment is part of a $50 million round raised by the company, with participation from its existing investor, Kirin Holdings of Japan, and Tiger Pacific Capital from New York, it said in a statement.
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The ChatGPT maker alleged that Musk wanted “majority equity, initial board control, and to be CEO.”
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While speaking at an event in Japan, Sharma said that ambiguity brings stress to the business.
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The company shall, however, continue to service its existing loan accounts through the usual collection and recovery process.
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According to the latest data from Anarock's 'Homebuyer Sentiment Report' for the second half of 2023 (July-December), the demand for larger homes is on the rise, marking a significant departure from previous trends.
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One-third of the companies have outperformed the Nifty Index, while only 10 per cent firms gave negative returns or lost money since the Covid bottom.
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The 2024 KTM 390 Adventure boasts of two new colour options, Gray and White package, even as the a classic Orange and Black combination remains a mainstay.
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With Flipkart UPI, users can now set up their own UPI handle for online and offline Merchant transactions within and outside of the Flipkart marketplace.
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Last month, we faced challenges due to a lack of capital, and now we are experiencing a delay despite having funds, CEO Byju Raveendran told employees
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Reliance Industries Chairman Mukesh Ambani and Nita Ambani's son, Anant, will marry Radhika Merchant, daughter of Encore Healthcare CEO Viren Merchant and Shaila Merchant, later this year.
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According to the statement, Russia is the world's largest rough diamond producer and also a significant global exporter of diamonds and diamond products.
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For the week ending February 23, the foreign currency assets, a major component of the reserves, increased by USD 2.405 billion to USD 548.188 billion.
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Sensex, Nifty hit record high levels on impressive GDP data, foreign fund inflows
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Knight Frank has observed that nearly 14 percent of residential portfolio of India's Ultra-High-Net-Worth-Individuals (UHNWIs) is allocated outside the country.
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Insiders disclose that the price of 19 kg commercial LPG gas cylinders has been increased by Rs 25.50, affecting consumers in several metro areas
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Mumbai: Equity benchmark indices Sensex and Nifty jumped in early trade on Friday helped by impressive GDP data and fresh foreign fund inflows. Also, a rally in global markets added to the positive momentum in the equity markets. The 30-share BSE Sensex jumped 417.77 points to 72,918.07 in early trade. The Nifty climbed 142.85 points […]
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Forex traders noted that while a positive sentiment in the equity markets boosted the local currency, the higher level of the dollar index introduced a negative bias.
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As part of the effort to reduce dependencies, Paytm and PPBL have mutually decided to end several inter-company agreements with Paytm and its group entities.
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From Gurugram, Prateek Kedia and Shreya Bansal present their creation 'WiseLife' on 'Shark Tank India 3'
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The second advance estimates of GDP for FY24 released by the National Statistics Office (NSO) has indeed sprung a major surprise in the markets.
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The RBI's data on 'Sectoral Deployment of Bank Credit – January 2024' also showed that credit growth to agriculture and allied activities improved to 20.1 per cent in January 2024 from 14.4 per cent a year ago.
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This came in the backdrop of strong flow in the small and midcap schemes of mutual funds over the last few quarters.
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The stock of the country's most valued firm in terms of market valuation ended at Rs 2,924.75, up 0.54 per cent on the BSE.
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The police said that Saini, 68, living in Chembur, was cycling along the Palm Beach Road of Nerul along with a group of cycling enthusiasts, when a cab speeding on the road rammed into him from behind with full force, knocking him and injuring him, before trying to escape.