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Long-time Credit Suisse shareholder Harris Associates reportedly sold its entire stake in the embattled bank

Long-time Credit Suisse shareholder Harris Associates has sold its entire stake in the Swiss bank, …

Zinya Salfiti   


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US stocks fall as investors weigh strong bank earnings against weak retail sales data

Retail sales "pointed to tapped-out consumers against the backdrop of an economy that is running on…

Matthew Fox   


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Aditya Parekh’s Faering Capital picks up stake in Vastu Housing Finance

Vastu Housing Finance has closed a fund raise from Faering Capital, founded by Aditya Parekh and Sa…

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5 mins read

Even after the LIC IPO, Indian government may be well short of its divestment target ⁠— for a third year in a row

The union government might miss the divestment target for financial year 2022, which will be the th…

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1 min read

A top investor in Charles Schwab sold its entire $1.4 billion stake as the brokerage fell victim to the banking turmoil

"We didn't see an existential risk but they were caught up in the sentiment around banks," GQG Part…

Zahra Tayeb   


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A top investor in Charles Schwab sold its entire $1.4 billion stake as the brokerage fell victim to the banking turmoil

"We didn't see an existential risk but they were caught up in the sentiment around banks," GQG Part…

Zahra Tayeb   


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ICICI Bank's share price is expected to surge as much as 34% in the coming year — despite having more loans under moratorium than other lenders

India’s financial sector may look shrouded in gloom-and-doom, but India’s second-largest private le…

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IndusInd Bank's share price jumps over 2% after US investor plans to double its stake

IndusInd bank’s share price jumped by over 2% in afternoon trade on July 24 after it announced that…

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Axis Bank finalises Max Life Insurance investment and is closer to raising more funds

India’s third-largest public sector lender has finalised its deal to acquire one-third of Max Life …

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4 mins read

Just like SBI, ICICI Bank has created a cash cushion in case bad loans rise

ICICI Bank has been busy raising capital in the month of June and this will not only help boost its…

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9 mins read

The enormous gap between Vodafone Idea on one hand, Airtel and Jio on the other

Vodafone Idea’s situation continues to worsen, in terms of market share, revenue as well as the val…

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Kimbal Musk cashed out $109 million of Tesla stock just before Elon's tweets whacked the share price

Tesla director Kimbal Musk made a healthy sum by offloading stock, the day before Elon posted a mar…

Harry Robertson   


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Signature Bank top execs led $100 million in insider stock sales in the years leading up to the lender's collapse

While Signature Bank was pivoting its business in recent years to become more crypto-focused, some …

Zinya Salfiti   


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Warren Buffett's Berkshire Hathaway has slashed its HP stake by nearly 60% in 3 months - and looks to be cutting its losses

Buffett's Berkshire has pared its stake in the PC maker from over 12% in September to about 5% toda…

Theron Mohamed   


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4 mins read

High-stakes game of keeping secrets on Wall Street

A recent lawsuit filed by Citadel Securities against two former employees highlights finance firms'…

Dan DeFrancesco   


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India's largest-ever IPO may be shelved until next year

Finance Minister Nirmala Sitharaman while presenting the Budget 2020-21 had announced stake sale…

PTI   


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Best deals on smartphones from Apple, Samsung, OnePlus, Xiaomi and more

As part of the sale, the e-commerce giant has partnered with ICICI Bank, RBL Bank and Kotak Bank…

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PUBG friends turned into cheats to dupe people online arrested by the police

The voice feature on PUBG game made two cheats become friends during the Covid induced lockdown. Bo…

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3 mins read

Vodafone Idea reportedly wants the government to release ₹15,000 crore bank guarantees ahead of its fundraising plan

With the telco opting for the four-year deferment of AGR dues, it now believes there's no need for …

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3 mins read

Kotak Mahindra Bank, Bandhan Bank and IndusInd Bank share prices soar with refinancing pulling them out of the red

Kotak Mahindra Bank continues to be the top gainer on the stock market followed by Bandhan Bank,…