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3 mins read
Congress criticises SBI's decision to convert SIIL debt into equity, urges RBI intervention
The State Bank of India (SBI), being SIIL’s largest lender, found itself at the centre of this fina…
1 min read
Bitcoin bull Michael Saylor says MicroStrategy will continue to use cash, debt, or equity to keep adding to its trove of bitcoin
MicroStrategy's stash of bitcoin is now worth around $7 billion after an additional 9,000 coins wer…
Carla Mozée
2 mins read
Different types of Mutual Funds that you can buy in India
Equity funds are those that are invested in stocks or shares of different companies. Since these…
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
SoftBank could invest $500 million in OpenAI, new report says
SoftBank is making a significant $500 million investment in OpenAI, highlighting the growing signif…
3 mins read
4 trends to watch this bank earnings season
JPMorgan kicks off bank earnings on Friday. All eyes will be on what lower interest rates may mean …
Kaja Whitehouse
4 mins read
Inside Blackstone's growing 'credit juggernaut'
Credit is now Blackstone's largest business by assets. COO Jon Gray explains why it's "very early d…
Alex Nicoll
5 mins read
Applying to jobs is tough, try doing it 2,200 times
Although unemployment is still relatively low, the job market is tough to crack. Take it from Kevin…
Dan DeFrancesco
2 mins read
WeWork spent years going after big businesses. Now, its new owner wants to look at the little guys.
In WeWork's latest chapter, Anant Yardi also wants to use hotel-like tech and work with other cowor…
Meghan Morris
3 mins read
Blackstone is doubling down on its efforts to woo the wealthy with 2 new funds, flying in the face of BREIT critics
Blackstone's Jon Gray said the private-equity giant plans to launch two new funds for wealthy indiv…
Alex Nicoll
2 mins read
Mega-cap stocks are overvalued and risk a big correction, according to a CIO. Here's why that presents a 'monstrous' buying opportunity.
The bubble in the market's most-hyped stocks could burst, but that means the rest of the market sta…
Jennifer Sor
7 mins read
The rise of Airbnb CEO Brian Chesky, who overcame the COVID-19 travel slump and is now leading the company through rental crackdowns
Brian Chesky, Airbnb's 43-year-old cofounder, had an unconventional path to Silicon Valley. Now his…
Jordan Hart,Dan Latu,Avery Ha…
2 mins read
China rolls out fresh property relief measures to stem the fallout from Evergrande's meltdown
Policymakers are trying to boost support for China's real estate market. Evergrande this week was o…
Yuheng Zhan
2 mins read
WeWork files for bankruptcy but India's operations not affected
Leading flexible workspace provider WeWork, once valued at $47 billion, has filed for bankruptcy in…
3 mins read
Explained: With markets volatile, why multi asset allocation funds seem attractive
The markets have been in a bull run from the start of this financial year. Since April, the Nity50,…
2 mins read
Investors turn cautious; debt mutual funds see ₹25,872 cr outflow in August
After witnessing staggering inflow in July, debt-oriented mutual fund schemes saw a withdrawal of R…
PTI
2 mins read
Ashok Leyland Q1 2023-24 net profit jumps over eight fold to Rs 576 cr
The company's domestic medium and heavy commercial vehicles (MHCV) volume grew 7 per cent during th…