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HAL records its highest ever revenue of ₹24,000 crore in FY 2021-22

Public sector Hindustan Aeronautics Limited (HAL) has reported its highest ever revenue of over Rs …

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Here's how the Boeing AH-64 Apache Helicopter stacks up against India's indigenous HAL Light Combat Helicopter

The Apache helicopters will boost the Indian Army’s capabilities of conducting cross-border stri…

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Indian Air Force chief flies HAL's home-grown Light Combat Helicopter ahead of its induction into the armed forces

Chief of Air Staff Air Chief Marshal Rakesh Kumar Singh Bhadauria flew the home-grown Light Combat …

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2 mins read

India approves defence acquisition projects worth Rs 2.23 lakh cr

The defence ministry said 98 per cent of the total procurement worth Rs 2.23 lakh crore will be …

PTI   


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Ken Griffin's Citadel raked in $16 billion in 2022, marking the best year for any hedge fund in history

Citadel broke industry records by raking in $16 billion in profits last year as its flagship hedge …

Zahra Tayeb   


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Here’s everything you need to know about the made-in-India lightweight combat helicopter

This light combat helicopter has been developed to boost the Indian Air Force's combat prowess a…

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Hedge fund Tiger Global has plunged to a $17 billion loss this year as its huge tech bets go sour

In four months, hedge fund Tiger Global has wiped out around two-thirds of its cumulative gains sin…

Harry Robertson   


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Citadel boss Ken Griffin leads a new generation of ultra-rich in finance, followed by Susquehanna's Jeff Yass and Binance's Changpeng Zhao

Citadel boss Ken Griffin is leading a new generation of billionaires in finance, followed by Susque…

Zinya Salfiti   


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Ken Griffin's Citadel extends winning streak in 2023 after last year's record gains, matching the broader rally in stocks

Citadel's multi-strategy fund Wellington rose 2.8% this year through February, mirroring a rally in…

Zahra Tayeb   


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A huge team of scientists helped Citadel generate $8 billion from commodities bets in 2022

Ken Griffin's hedge fund in 2018 hired a team of scientists whose weather forecasts helped drive bi…

Jennifer Sor   


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5 mins read

Netflix is the king of streaming. But can it last?

In today's big story, we're looking at what to expect ahead of Netflix's big earnings report.

Dan DeFrancesco   


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Some hedge fund traders are scoring 'Tom Brady-like' salary packages in the tens of millions even as big banks slash headcount and throttle bonuses

Millennium reportedly offered certain hires nearly $60 million in guaranteed pay in an effort to sc…

Morgan Chittum   


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4 mins read

The French connection: HAL has most to gain; submarines yet to surface for Mazagon Dock

Indian defence sector stocks have been on a bull run in the last few months with Hindustan Aeronaut…

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2 mins read

Ray Dalio's Bridgewater lost $12.1 billion in 2020 - but he's still the best-performing hedge fund manager of all time

Ray Dalio's Bridgewater Associates had a shocking 2020, losing $12.1 billion for investors even as …

Harry Robertson   


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1 min read

Ray Dalio's hedge fund might be dropped by a California retirement fund after years of disappointing returns, report says

The $21 billion Orange Country Employees Retirement System has invested in Ray Dalio's Pure Alpha f…

Isabelle Lee   


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2 mins read

The world's top 20 hedge fund managers posted their biggest gains of the decade in 2019 - and returned $59.3 billion to their investors

The hedge fund sector continued to shrink through 2019 despite the healthy returns. The industry sa…

Ben Winck   


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3 mins read

UBS expects London to lose 25% of a €1 trillion-a-day business due to Brexit

In UBS' worst case scenario, the UK would suffer a "hard" Brexit in which it crashes out of the EU …

Oscar Williams-Grut