Indian business
立場別 · 4 論調 本号全体
Indian read centred on the leadership change: Shah stepping down and relocating to Menlo Park, Miten Sampat taking over as interim CEO, and what a Meta stake means for a homegrown fintech.
“Meta invests $900 mn in Cred, Kunal Shah to head WhatsApp globally.”
Leads on India slipping to fourth with 61 unicorns, three fewer than a year earlier, as the UK overtakes it, and frames the AI-driven record count as a warning for India's ecosystem.
“AI boom propels global unicorn club to record 1,603; India slips to fourth.”
Non-US read on Altman's US$1tn floor and the delay, useful as an outside-Silicon-Valley account of the same New York Times report.
“OpenAI may delay IPO to 2027 as Sam Altman holds firm on $1 trillion valuation.”
Reports the updated DRHP: a ₹6,650 crore all-fresh issue, about ₹4,987.5 crore earmarked to repay borrowings, and FY26 revenue of ₹6,941 crore with profit after tax of ₹748 crore.
“Oyo parent PRISM files updated IPO papers, aims to raise ₹6,650 crore.”