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How the hedge fund superstar went extinct
The days of investors trusting a star hedge-fund manager with their cash are in the rearview mirror
Dan DeFrancesco
Dunzo co-founder Mukund Jha plans to start his own AI company, seeks to raise up to Rs 80 crore from Together Fund
Dunzo co-founder Mukund Jha, who stepped down from the company's board last year, is set to launch …
Google, Netflix, and OpenAI execs are hosting a fundraiser for Kamala Harris
Kamala Harris has friends in high-tech places as execs from Google, Netflix, and OpenAI organize a …
Melia Russell
Google is co-funding a guaranteed basic income trial that gives families $12,000 a year to help keep them housed
Google's philanthropic arm is co-funding a $2.8 million guaranteed income pilot aimed at reducing h…
Theron Mohamed
Google's DeepMind CEO says the massive funds flowing into AI bring with it loads of hype and a fair share of grifting
DeepMind chief Demis Hassabis said the surge in funding for AI "brings with it a whole attendant bu…
Kwan Wei Kevin Tan
Sebi launches Saa₹thi 2.0 mobile app on personal finance for investors
The app includes financial calculators and has modules that introduce and explain KYC procedures, m…
PTI
Rupee rises 8 paise to 83.44 against US dollar in early trade
At the interbank foreign exchange market, the local unit opened at 83.49 against the greenback.…
PTI
Markets decline in early trade on heavy foreign fund outflows, selling in Reliance and TCS
Benchmark equity indices declined in early trade on Thursday amid heavy foreign fund outflows and s…
PTI
Sensex drops 45 points in highly volatile trade
Benchmark Sensex declined over 45 points in highly volatile trade on Wednesday, tracking weak Asian…
PTI
Rupee settles on flat note at 83.51 against US dollar
At the interbank foreign exchange market, the local unit traded in a narrow range. It opened at…
PTI
The new power figures in hedge funds do not manage money
The hedge-fund industry's newest rock stars don't manage money. That and more in today's newsletter.
Matt Turner
2024 LS polls pegged as costliest ever, expenditure may touch ₹1.35 lakh crore: Expert
Rao stated that this comprehensive expenditure encompasses all spending, direct or indirect, rel…
PTI
Dunzo to raise $35 million from Reliance, Google following salary delays, says media report
Homegrown quick-grocery delivery provider Dunzo will be raising $35 million in funding from existin…
Google is the new IBM
Years of being one-upped on AI and cracking down on innovation turned the poster child for Silicon …
Hugh Langley,Lara O'Reilly
RCRS Innovations files draft papers with NSE Emerge to raise funds via IPO
The company manufactures and markets lithium-ion batteries and solar panels under EXEGI brand…
PTI
Google X loses another team leader
Emi Kolawole, a project leader at Google's Moonshot factory X, left recently as the company shifts …
Monica Melton
Elon Musk's xAI says it just raised $6 billion in funding, pulling in big bucks from Sequoia Capital and Saudi Arabia
Musk said in an X post that the AI startup's pre-money valuation was $18 billion.
Kwan Wei Kevin Tan
Former Meta India MD Ajit Mohan, ex Colliers India CEO Ramesh Nair invest in proptech startup OfficeBanao
Gurugram-based OfficeBanao, which is a workspace interior platform, said in a statement that it has…
PTI
EPFO adds a net 15.62 lakh members in Dec; 8.41 lakh new subscribers join workforce
This surge in membership can be attributed to various factors, including increased employment…
PTI
Founders that pitch on Shark Tank can do better than those who come from IIT or IIM, says Anupam Mittal
Unlike elitist founders who are used to being served everything on a platter, the aspirants on Shar…