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5 mins read
Inside Wall Street's efforts to value OpenAI: Who's involved, how it could work, and what's at stake for the banks
Valuing OpenAI will be a stressful, drawn-out process with little to no financial gain for Wall Str…
Reed Alexander
1 min read
Sensex, Nifty pare early gains, trade lower in the afternoon trade
The NSE Nifty also slumped 191.65 points to 24,822.95. The benchmark hit an intra-day high of 2…
PTI
3 mins read
RBI's monetary policy committee meeting begins today, announcement on October 9
The Reserve Bank of India (RBI) is set to begin its three-day monetary policy meeting on Monday and…
1 min read
LIC increases stake in Bank of Maharashtra from 4.05 percent to 7.1 percent through QIP
Life Insurance Corporation of India (LIC) has increased its stake in Bank of Maharashtra, the compa…
ANI
1 min read
HDFC Bank shares climb over 2%; market valuation jumps Rs 28,758.71 crore
The Nifty climbed 162.65 points or 0.67% to an all-time high of 24,286.50. During the day, it zoome…
PTI
2 mins read
Mumbai woman loses Rs 6 lakh to cyber fraud while trying to save Rs 5,000 — here’s how to avoid such scams
What started as a simple attempt to withdraw Rs 5,000 from an ATM ended with her losing Rs 6 lakh t…
4 mins read
Investment banking has made a multibillion-dollar rebound, but it's too early to pop the Champagne
Goldman Sachs and other banks beat Wall Street expectations thanks to dealmaking fees. Was this qua…
Hayley Cuccinello,Emmalyse Br…
1 min read
Mcap of nine of top-10 most valued firms jump Rs 2 lakh crore, Bharti Airtel leads the surge
Nine of the top-10 most valued firms added Rs 2,01,552.69 crore in market valuation last week, with…
PTI
1 min read
Kotak Mahindra Bank shares climb nearly 5% after Q4 earnings
It emerged as the biggest gainer among the BSE Sensex and NSE Nifty firms. Kotak Mahindra …
PTI
1 min read
Markets rebound in early trade on rally in global peers, foreign fund inflows
The 30-share BSE Sensex jumped 428.83 points to 81,951.99 in early trade. The NSE Nifty climbed 154…
PTI
3 mins read
Loan-to-deposit ratio will subside on its own in coming months, notes Motilal Oswal report
As of 9th August, 2024 the Indian banking sector's loan-to-deposit (LD) ratio stood at 77.2 %, whic…
1 min read
Kotak Mahindra Bank shares decline over 4%; hit 52-week low
At the NSE, it went lower by 4.40 per cent to Rs 1,552.40 -- the 52-week low. Manian, who …
PTI
2 mins read
Nvidia stock has another 38% upside amid a 'generational opportunity' in AI, Bank of America says
Nvidia is well placed to provide the tech necessary to develop new AI models, and it's got an edge …
Kelly Cloonan
2 mins read
Gold is the 'last safe haven' as Treasurys face risks from soaring US debt, Bank of America says
Bank of America strategists see 11% upside for gold by the end of next year as the Treasurys are th…
Kelly Cloonan
4 mins read
Indian markets ease as profit booking follows record-breaking streak
Market participants were primarily focused on locking in gains after the indices reached record hig…
4 mins read
Hindenburg shared the Adani report with its client Mark Kingdon two months before publishing it: Sebi
Hindenburg Research shared Adani report with Mark Kingdon two months earlier, according to the SEBI…
PTI
6 mins read
Simply Put: A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?
Indians seem to be depositing less money in banks, and everyone's blaming the stock markets. But ar…
2 mins read
Majority of users say they will stop using UPI if transaction fee is levied, notes a LocalCircles survey
Only 22 % UPI users surveyed are willing to bear a transaction fee on payments, 75% of respondents …
PTI
2 mins read
Aadhar Housing Finance sets IPO price band at ₹300-315 per share
This will be the third maiden public issue opening next week after TBO Tek and Indegene. …
PTI
4 mins read
You can get the iPhone 16 in under 10 minutes while sitting at home, here is how
Apple's iPhone 16 series has launched in India, drawing large crowds to stores in Mumbai and Delhi.…