Business -

SpaceX IPO: Elon Musk’s firm sees massive oversubscription as institutional orders top $10 billion

TazaPulseJune 10, 2026

SpaceX’s blockbuster initial public offering has attracted more than $10 billion in orders from institutional investors, signalling strong demand for what could become the largest IPO in history, according to Bloomberg sources.Banks managing the offering are expected to stop accepting orders from institutional investors after US markets close on Wednesday, giving them time to assess...

Bond market push: Govt eyes Bloomberg index inclusion with latest G-Sec reforms

TazaPulseJune 10, 2026

The government’s recent measures to boost foreign portfolio investment (FPI) in Government Securities (G-Secs) are aimed at improving India’s chances of securing inclusion in Bloomberg’s flagship Global Aggregate Bond Index, government sources said on Tuesday, PTI reported.Last Friday, the Centre unveiled a series of reforms to increase FPI participation in G-Secs and deepen the domestic...

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LIV Golf CEO says take PIF ‘at their word’ as funding cliff nears

TazaPulseJune 9, 2026

LIV Golf CEO Scott O’Neil told CNBC Tuesday that as a funding cliff approaches, the organization has to trust Saudi Arabia’s Public Investment Fund will back the golf venture through the rest of the season as it’s promised. “I can say they’ve been terrific partners so far, and you have to take an incredible organization...

Rupee gains 20 paise to settle at 95.41 against US dollar

TazaPulseJune 9, 2026

The rupee snapped its losing streak and appreciated 20 paise against the US dollar on Tuesday as easing crude oil prices and a weaker dollar improved investor sentiment amid hopes of a pause in hostilities between the US and Iran.Forex traders said the domestic currency also drew support from positive domestic equities, softer US Treasury...

Fertiliser ministry seeks doubling of Rs 1.71 lakh crore FY27 subsidy allocation

TazaPulseJune 9, 2026

The fertiliser ministry has sought a 100% increase in the fertiliser subsidy budget for FY27 as the West Asia conflict drives up global fertiliser prices and import costs, according to government sources, PTI reported.Sources said the Department of Fertilizers has approached the Finance Ministry seeking a doubling of the fertiliser subsidy from the budgeted Rs...

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Bank to deploy more powerful agents this year

TazaPulseJune 9, 2026

A person exits the JPMorgan Chase & Co. headquarters on Feb. 17, 2026, in New York City. Zamek | View Press | Corbis News | Getty Images JPMorgan Chase plans to deploy artificial intelligence agents later this year that can work autonomously for far longer than existing versions, marking another milestone in the corporate adoption...

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SpaceX employees create low-fee Choreo wealth management plan for post-IPO

TazaPulseJune 9, 2026

SpaceX signage outside the Space Exploration Technologies Corp. facility in Hawthorne, California, on June 3, 2026. Michael Yanow | Nurphoto | Getty Images A group of current and former SpaceX employees who joined forces to manage their post-IPO wealth has created a new, low-fee advisory option with Choreo, according to people familiar with the agreement....

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5 takeaways from airline CEOs’ biggest annual gathering

TazaPulseJune 9, 2026

Ground crews load cargo and supplies onto airplanes from airlines including Lufthansa Group, Emirates, Austrian Airlines, and British Airways, as they stand parked at the Tom Bradley International Terminal (TBIT) at Los Angeles International Airport (LAX) in El Segundo, California, on September 11, 2023. Patrick T. Fallon | Afp | Getty Images RIO DE JANEIRO...

sebi chief calls for optimum regulation to deepen indias financial markets amid global shocks

Indian eco resilient amid global turmoil, says Sebi chief

TazaPulseJune 9, 2026

MUMBAI: India’s growth story, anchored in domestic consumption demand, strong govt investments and improving private sector participation, has helped the country stand out as a resilient economy at a time of global turmoil due to geopolitical uncertainties, Sebi chief Tuhin Kanta Pandey said.“We are living in uncertain times. Ongoing geopolitical developments, including war in West...

China’s exports jump 19.4 per cent in May, driven by tech and EV demand

TazaPulseJune 9, 2026

China’s exports grew at a faster-than-predicted pace in May, supported by strong overseas demand for semiconductors, electric vehicles and other technology-related products, even as geopolitical tensions and elevated energy prices weighed on global trade.Data released by China’s customs agency on Tuesday showed exports rose 19.4 per cent year-on-year in May, up from April’s 14.1 per...