Companies Archives - Daily Tips

SoftBank Overtakes Toyota to Become Japan’s Most Valuable Company as AI Bet Pays Off Under Masayoshi Son’s Vision Fund Strategy

June 1, 2026June 1, 2026Ankit Thakur

SoftBank Group surpasses Toyota Motor to become Japan’s most valuable listed company. The achievement caps a remarkable turnaround driven by AI investments and ARM’s soaring valuation. [...]

Indian Startup IPO Wave 2026 — Zepto Flipkart OYO and 24 Others Line Up for Record Rs 47000 Crore Year

May 31, 2026June 1, 2026Gaurav Thakur

Indian startups could raise over Rs 47,000 crore in IPOs in 2026. Zepto targets July listing, Flipkart defers to 2028, while 24 companies have filed DRHPs with SEBI. [...]

The AI Cost Reckoning Has Arrived — Microsoft Cancels Claude Code Licenses as Uber Burns Entire Annual AI Budget in Just Four Months

May 30, 2026June 1, 2026Ankit Thakur

Microsoft is cancelling most internal Claude Code licences by June 30, migrating to GitHub Copilot CLI. Uber exhausted its annual AI budget in four months after 92% of engineers adopted AI coding tools. Sam Altman and Dario Amodei now admit their job-loss predictions were wrong. [...]

Delhi High Court Fines Google Rs 30 Lakh in Landmark Trademark Ruling — Hindware Keyword Case Could Reshape Digital Advertising in India

May 30, 2026June 1, 2026Aditi Singh

Justice Mini Pushkarna ruled that Google actively facilitates trademark infringement through its keyword advertising system, imposing a Rs 30 lakh fine and permanently restraining the company from using ‘Hindware’ as an ad keyword. [...]

SpaceX Files for Largest IPO in History at 1.75 Trillion Dollar Valuation as Starlink Revenue Soars to 11.4 Billion

May 30, 2026June 1, 2026Gaurav Thakur

SpaceX has filed its S-1 prospectus with the SEC, revealing $18.7 billion in 2025 revenue and plans to raise $75 billion in what would be the largest IPO ever. The NASDAQ listing under ticker SPCX is expected on June 12, 2026. [...]

Wix CEO Cuts 20% of Workforce Citing ‘AI Revolution’ — 1,000 Jobs Axed as Tech Industry Reshapes Around Artificial Intelligence

May 29, 2026June 3, 2026Anjali K.

Wix CEO Avishai Abrahami announces 20% workforce reduction — approximately 1,000 roles — citing the ‘fast evolution of AI capabilities’ and the strengthening Israeli shekel. The company introduces ‘Xengineer’ and ‘Creator’ AI-native roles as it competes with AI-first platforms like Lovable. [...]

Reliance’s Ambani Green Energy Giga Complex Ships First Batch of High-Efficiency Solar Modules from Jamnagar — India’s Clean Energy Push Gets Major Boost

May 28, 2026June 1, 2026Anjali K.

Reliance Industries’ Dhirubhai Ambani Green Energy Giga Complex in Jamnagar, Gujarat, has delivered its first batch of 200 MWp high-efficiency Heterojunction Technology solar panel modules, marking a landmark moment in India’s push towards domestic clean energy manufacturing. [...]

Byju Raveendran Sentenced to Six Months in Singapore Jail for Contempt of Court — Edtech Founder’s Legal Troubles Deepen

May 27, 2026June 1, 2026Anjali K.

A Singapore court has sentenced BYJU’S founder Byju Raveendran to six months in prison for contempt of court after he failed to comply with asset disclosure orders, marking the latest chapter in the once-celebrated edtech entrepreneur’s dramatic fall from grace. [...]

Maruti Suzuki to Hike Prices by Up to Rs 30000 From June 2026 Affecting Swift WagonR Brezza and Entire Model Range

May 23, 2026June 1, 2026Anjali K.

Maruti Suzuki has announced a price increase of up to Rs 30,000 across its entire model range from June 2026, citing rising input costs and inflationary pressures in the second price revision of the year. [...]

Nvidia Shatters Wall Street Expectations With Record 81.6 Billion Dollar Revenue as AI Boom Drives Data Centre Sales Up 77 Percent

May 21, 2026June 1, 2026Surabhi Sharma

Nvidia reported first-quarter fiscal 2027 earnings of $1.87 per share on record revenue of $81.62 billion, beating estimates as data centre compute revenue surged 77% year over year to $60.4 billion. [...]