Business

International Business News: H&M, a publicly traded company since 1974, is witnessing a significant shift towards private ownership as the Persson family, its founders, have aggre Source

Wow! Momo has raised a bridge round funding of ₹90 crores from its existing investor Khazanah – the Malaysian Sovereign Fund and Haldiram’s Nagpur owner Kamal Agarwal. The company is also in talks with a few HNIs and investors to take this bridge round to a total of about ₹150 crores. The company has also…

Adani Group stocks rally with Adani Total Gas surging over 14%, followed by Adani Green Energy and Adani Enterprises. Source

International Business News: White House confirms that President Trump and President Xi are likely to speak this week amidst escalating trade tensions. Treasury Secretary Bessent Source

A dozen states sued the Trump administration in the US Court of International Trade in New York on Wednesday to stop its tariff policy, saying it is unlawful and has brought chaos to the American economy. Source

A persistent increase in tensions may impair Pakistan’s access to external financing and pressure its forex kitty, which already remains well below its requirements, says Moody’s. Source

International Business News: Asian markets displayed caution amid tech-driven Wall Street gains, with trade headlines and geopolitical risks influencing investor sentiment. The US Source

Hyundai Motor Co. reported first-quarter earnings that topped analysts’ expectations, driven by strong vehicle sales from North America and favourable exchange rates, which helped ease concern over slowing demand overall and mounting tariff risks. Source

Gold of 99.5 per cent purity in the national capital also appreciates by Rs 550 to Rs 96,900 per 10 grams on Monday. Source

India Business News: US Commerce Secretary Howard Lutnick anticipates a swift trade agreement between the US and India, crediting the strong relationship between President Source