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SpaceX weighing dual-class IPO shares
Financial Express Mumbai
|February 15, 2026
$50-BN IPO
SPACEX IS CONSIDERING a dual-class share structure in its planned IPO this year, according to people familiar with the matter, mirroring a strategy its billionaire founder Elon Musk floated for Tesla.
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Financial Express Mumbai
Torrent to buy Nabha Power from L&T arm for ₹3,661 cr
TORRENT POWER HAS signed an agreement with L&T Power Development (LTPDL), a subsidiary of L&T, to buy Nabha Power (NPL), which operates a thermal power plant in Punjab, for ₹3,660.87 crore.
1 min
February 17, 2026
Financial Express Mumbai
DLF, Phoenix Mills not to go ahead with REIT plan
TOP PROPERTY DEVELOPERS DLF and Phoenix Mills have shelved the listing plan of REITs (real estate investment trust) of their commercial portfolios, according to sources.
1 mins
February 17, 2026
Financial Express Mumbai
‘Impact, not scale, will determine success in the AI era’
Although AI presents existential pressure on traditional IT services models, Hari Shetty, chief strategist and technology officer, Wipro, feels that Indian IT services companies are the connective tissue of the AI ecosystem, uniquely positioned to translate AI ambition into dependable, enterprise-ready reality.
3 mins
February 17, 2026
Financial Express Mumbai
TCS-AMD to take on Nvidia
INFORMATION TECHNOLOGY MAJOR Tata Consultancy Services (TCS) and US-based chip-maker AMD will co-develop a rack-scale AI infrastructure design, based on the latter’s Helios platform, to support India’s national artificial intelligence (AI) initiatives, the two companies announced on Monday.
1 mins
February 17, 2026
Financial Express Mumbai
BharatGen all set to unveil foundation multilingual model
₹1,235-crore model covers 22 Indian languages
2 mins
February 17, 2026
Financial Express Mumbai
Trade deficit swells in Jan on higher gold imports
Exports to the US decline 22%
1 mins
February 17, 2026
Financial Express Mumbai
India a huge playground, says Anthropic CEO
ANTHROPIC'S REVENUE RUN rate in India has doubled in four months, Chief Executive Officer Dario Amodei said on Monday, adding that the country is today the biggest market for its Claude AI model after the US.
2 mins
February 17, 2026
Financial Express Mumbai
Retailers expand but profit eludes many
SOME OF THE country's top retailers from Reliance Retail to Aditya Birla Fashion, Shoppers Stop and Arvind Fashions have pressed the store expansion button in FY26.
1 min
February 17, 2026
Financial Express Mumbai
US to cut reciprocal tariff this week: Commerce secy
COMMERCE SECRETARY RAJESH Agrawal said on Monday that the US is expected to reduce reciprocal tariffs on India to 18% from 25% this week and the Chief Negotiator from the Indian side will travel to the US next week to finalise the legal text of the interim agreement.
1 mins
February 17, 2026
Financial Express Mumbai
Eurozone finance chiefs seek bigger role of euro
EURO-AREA FINANCE chiefs are pushing to expand the single currency’s global role, as US President Donald Trump roils markets and the US dollar weakens.
1 mins
February 17, 2026
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