Nvidia’s $589 billion DeepSeek rout is largest in market history

January 28, 2025

Nvidia’s stock plummeted 17%, wiping out $589 billion in market value, due to concerns over Chinese AI startup DeepSeek’s competitive, low-cost technology. The news spurred a broader tech selloff, highlighting fears that US firms may have over-invested in AI. Nvidia acknowledged DeepSeek’s advancements and denied any violation of US export restrictions.

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Bank of Maharashtra Q1 Results: Net profit jumps 23% YoY to Rs 1,593 crore

Bank of Maharashtra announced a net profit of Rs 1593 crore for Q1 June 2025, marking a 23% year-over-year increase. Total income rose by 16%

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WeWork India and Studds Accessories get Sebi nod to raise funds via IPO

WeWork India, a top premium flexible workspace provider, has received SEBI approval for its IPO, which includes an Offer for Sale of up to 4,37,53,952

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