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'US economic growth, not credit rating, at risk from shutdown,' says S&P US government shutdown won't impact sovereign debt rating, says S&P Global Ratings managing director. Economy at risk.

India's leading brands witness 4% drop in value in 2022; TCS maintains the lead TCS maintained its lead position in Kantar BrandZ Top 75 Most Valuable Indian Brands. HDFC Bank, Infosys and Airtel also retained the top four spots

Saregama acquires majority stake in digital entertainment company Pocket Aces Saregama will acquire 51.8% shares for ₹174 crore with a clear path to further acquire another 41% stake in the next 15 months at pre-agreed multiples

Park+ aims to be profitable in Q4 of FY24, achieve full-year profitability in FY25 The company aims to get into 100 cities in calendar year 2024. Currently, it is present in more than 50 cities including Delhi NCR, Bangalore, and Mumbai

Cognizant appoints former Wipro finance chief Jatin Dalal as CFO Dalal is the second high profile hire by Cognizant in the past twelve months, after it named former Infosys President Ravi Kumar S as its CEO in January.

AI startup AlphaSense’s valuation rises to $2.5 billion after raising $150 million The funds raised will be used to grow the company’s extensive collection of searchable business content and make strategic acquisitions that expand its platform capabilities, AlphaSense said

CDIL to make silicon carbide devices for EVs, solar panels CDIL will be the first such company in India to make silicon carbide devices in its expanded facility in Mohali

Cholamandalam Investment launches QIP, floor price set at ₹1,200.51 per share Cholamandalam said it may offer a discount of “not more than 5 percent” on the floor price calculated for the issue.

Akasa vs pilots: The inside story 43 pilots quit the airline in recent months, disrupting operations for a while. What was behind this exodus?

‘Cloud, AI can unlock ₹1.6 trillion for small biz’ Small businesses that embrace AI and cloud-enabled technologies in India are also expected to support 45.9 million jobs by 2030, the report said.

APL promoters raise stake The Adani promoters purchased shares in the company from open market between 5 September and 25 September, according to regulatory filings.

OIL explores options to bring back millions stuck in Russia The amount is stuck in Russia because of difficulties in transferring dividend payments from Russia due to western sanctions on Russian energy companies.

Ashwin Dani: Painting a legacy in innovation and leadership Ashwin Dani pioneered the idea of computerized colour matching in India

Mubadala, Brunei may pick up stake in Manipal Health The deal is being negotiated at a valuation of around $5 billion

Shell weighs sale of Sprng assets stake The firm bought Sprng at $1.55 bn enterprise value in 2022

Epic Games cuts 830 jobs, plans to divest Bandcamp and spin off SuperAwesome Epic Games trims workforce by 16% and divests Bandcamp; spins off SuperAwesome platform.

Microsoft CEO Satya Nadella to testify in Google antitrust case on Monday. Here's what you should know Microsoft CEO Satya Nadella likely to testify on Monday as a witness for the US Justice Department in the Google antitrust case.

Evergrande's billionaire chairman Hui Ka Yan is accused of crimes; stocks remain suspended: What we know so far China Evergrande Chairman Hui Ka Yan is under suspicion of criminal activities, adding to legal troubles for the real estate magnate.

US agency files lawsuit against Tesla over alleged harassment of Black factory workers US civil rights agency sues Tesla over persistent harassment of Black employees at its California plant.

Nike reports Q1 profit of $1.45 billion, beats estimates Nike's inventories fell 10% in the quarter ended August 31, indicating the company was successful in reducing excess product ahead of the holiday season, quelling investor fears that it would be forced to offer steep discounts, Reuters...