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Musk’s Mars mission adds risk to SpaceX IPO
Financial Express Kolkata
|December 13, 2025
INVESTORS EYEING SPACEX’S potential blockbuster IPO may need to brace themselves as CEO Elon Musk balances his risky quest to reach Mars with growing the revenue-rich Starlink satellite broadband business that would offer more reliable shareholder returns.
SpaceX, which transformed space travel with reusable rockets and built a global satellite broadband network, is targeting a listing next year that could raise more than $25 billion at a valuation exceeding $1 trillion, which would rank among the largest initial public of
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Financial Express Kolkata
Xi faces calls for stronger yuan in currency debate
IN WELL-CONNECTED circles within China, the yuan’s persistent weakness is increasingly being seen as an obstacle to the country’s growth.
2 mins
December 17, 2025
Financial Express Kolkata
Trump files $10-bn lawsuit against BBC
President Donald Trump sued the BBC for up to $10 billion in damages over edited clips of a speech that made it appear he directed supporters to storm the US Capitol, opening an international front in his fight against media coverage he deems untrue or unfair.
1 min
December 17, 2025
Financial Express Kolkata
N-energy Bill likely to open space for foreign funding
NEED FOR BASELOAD ALTERNATIVES, HUNT FOR CAPITAL
2 mins
December 17, 2025
Financial Express Kolkata
Vedanta demerger gets NCLT nod
THE NATIONAL COMPANY Law Tribunal (NCLT) on Tuesday approved the long-pending demerger scheme of mining major Vedanta, clearing the way for the group to split into multiple sector-focused companies spanning aluminium, oil and gas, power, and iron and steel.
1 min
December 17, 2025
Financial Express Kolkata
HC permits Hiremath siblings to amend suit
IN THE ONGOING Kalyani family dispute over the division of family assets, the Bombay High Court has allowed siblings Sameer Hiremath and Pallavi Swadi to amend their suit, enabling them to seek a restraint on the voting rights attached to shares acquired from the Kalyani family's core assets.
1 min
December 17, 2025
Financial Express Kolkata
Irdai to use consultative regulation process: FM
THE PROPOSED AMENDMENTS to the country's insurance laws seek to widen coverage, strengthen oversight and make the sector more transparent and investmentfriendly, while keeping policyholder interests at the core, Finance Minister Nirmala Sitharaman said on Tuesday.
1 min
December 17, 2025
Financial Express Kolkata
Jewellery demand to sustain in near term: Retailers
INDIA'S RETAIL JEWELLERY brands are confident of sustaining the demand, evident during the wedding season, well into next year.
1 mins
December 17, 2025
Financial Express Kolkata
Bill granting Irdai more power gets LS nod
. Proposed law also allows 100% FDI in sector
1 min
December 17, 2025
Financial Express Kolkata
Govt proposes major overhaul of GDP series
THE NEW GROSS Domestic Product (GDP) series is set for a major overhaul with the government proposing various changes, including the adoption of the Classification of Individual Consumption according to Purpose (COICOP) 2018 for the compilation of private final consumption expenditure.
1 mins
December 17, 2025
Financial Express Kolkata
Ola Electric founder sells ₹92-cr shares
OLA ELECTRIC FOUNDER
1 min
December 17, 2025
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