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2 mins read
Promoters to infuse Rs 1,100 crore in Reliance Infra
The board of the company had on Thursday approved Rs 6,000 crore fund raise plan, of which Rs 3,014…
PTI
2 mins read
OpenAI's latest funding round could be a bargain or a bust for investors
If OpenAI were to IPO tomorrow at its $157 billion valuation, it would be the second-largest Americ…
Dan DeFrancesco
2 mins read
The US is considering a sovereign wealth fund. Alaska already has one, and it's funding a universal basic income.
Alaska's Permanent Fund, once funded by oil extraction, is now funded through investment returns, a…
Lakshmi Varanasi
1 min read
Founder Ritesh Agarwal invests Rs 830 crore in OYO's latest funding round; Platform raises Rs 1,457 crore
Post the equity dilution in the Series G funding, Agarwal's holdings will increase from 29.97 per…
PTI
1 min read
10 countries with the lowest unemployment rate
10 countries with the lowest unemployment rate
2 mins read
India's strong economic recovery is led by fiscal expenditure: DSP MF
India's tax collections have also demonstrated robust growth, with gross tax revenue showing a five…
ANI
1 min read
Exclusive: AI cloud startup Ori is in talks to raise up to $80 million in funding, sources say
Investor appetite for startups building the "picks and shovels" of AI is high — and sources say Ori…
Riddhi Kanetkar
3 mins read
There's a catch in OpenAI's $6.6 billion funding deal that no one is talking about
OpenAI reportedly has to become a for-profit entity in two years or give back investor money from i…
Natalie Musumeci,Alex Bitter
1 min read
SpiceJet’s Ajay Singh might sell stake to raise funds for airline
SpiceJet's Chairman Ajay Singh is considering selling over 10 percent of his stake to raise funds b…
1 min read
Elon Musk called OpenAI 'evil' for telling investors not to fund his company and other rivals
The xAI founder called OpenAI "evil" after reports about OpenAI asking investors not to fund its ri…
Lloyd Lee
3 mins read
Focused MFs' asset base rises 31% to Rs 1.43 lakh cr in June qtr; up to 60% returns last year
Focused funds are a type of mutual fund where the fund manager selects a concentrated portfolio of …
PTI
1 min read
These 4 unflashy mid-cap stocks are on track to be tomorrow's mega-caps, according to one $3.2 billion fund manager
Investor sentiment this year has been mainly focused on mega-caps and small-caps, with not much app…
Christine Ji
2 mins read
Assets Under Management of equity mutual funds surged 5.4% sequentially in July: PL Wealth Management
The Assets Under Management (AUM) of equity mutual funds have surged by 5.37 per cent sequentially …
ANI
1 min read
AI sales startup Clay is raising a new funding round at a $1.3 billion valuation, sources say
Clay helps sales teams by automating outreach to potential customers. The company last raised $46 m…
Sri Muppidi
2 mins read
Eric Adams says his lavish, Turkey-funded travels were legal 'gifts,' not bribes
In a motion to dismiss filed Monday, the New York City mayor minimizes the lavish travel accommodat…
Laura Italiano,Jacob Shamsian
5 mins read
Five gifts you can give to yourself, friends, or family, towards achieving financial independence
Ahead of India's 78th Independence Day, find out how a professional achieved financial independence…
2 mins read
Assets under management of retirement mutual funds jumps 256% in 5 years
ICRA said the growing awareness has led to a surge in the number of folios, which has increased by …
1 min read
Cathie Wood's Ark is doubling down on OpenAI with at least $250 million in its new funding round
Cathie Wood's Ark Venture Fund invests $250 million in OpenAI's $6.6 billion funding round, Thrive …
Melia Russell,Ben Bergman
1 min read
Blue Tokai to Zepto: What are the Indian start-ups that raised $466 mn last week?
Blue Tokai to Zepto: What are the Indian start-ups that raised $466 mn last week?
2 mins read
Ark Invest's flagship fund realized $3.5 billion in losses in a year. Here were its 10 biggest losers.
The last few years have been tough on the speculative growth trade that Cathie Wood's Ark funds hav…