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M&A deal value in India drops 27% in 2023 says Deloitte report

M&A deal value in India fell 27 per cent in 2023 to USD 136 billion but the deals market is expecte…

PTI   


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Increasing global warming and light pollution levels could severely affect ground telescope observations

The new Thirty-Metre-Telescope will be an international collaboration between India and four of the…

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Kamdhenu eyes 32 pc mkt share in TMT segment in FY'21

The trend in construction, he said, is moving to high-rise buildings which need a product with more…

PTI   


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1 min read

Tata Motors has entered Vietnam market

As per a news report by The Economic Times, the agreements will enable TMT to become the distributo…

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There's an 'old school' corner of the stock market that looks cheap and should benefit from a coming spending boom, BofA says

Investors should consider infrastructure investments that will help prop up AI development, Bank of…

Kelly Cloonan   


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IPOs this week – Allied Blenders and Vraj Iron and Steel look to raise ₹1,671 crore

Two new companies are set to enter the primary market with their initial public offering (IPO) sche…

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3 mins read

There are 8 warning signs of a stock market bubble and 6 of them have already flashed, UBS says

"We only invest for the bubble thesis if we are in 1997 not 1999 (which we think we are)," UBS stra…

Matthew Fox   


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Vraj Iron and Steel IPO allotment – How to check allotment, IPO GMP, listing date and more

Raipur-based Vraj Iron and Steel, a manufacturer of sponge iron, M.S. billets, and TMT bars is expe…

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3 mins read

Vraj Iron and Steel IPO: Should you subscribe to it? Know all about it here

Experts estimate that steel’s demand in India is set to rise in the years to come, with the governm…

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Stocks could surge another 15% this year with mega-cap tech leaders still nowhere near bubble peaks, Goldman says

The bank said continued "exceptionalism" from the mega-cap tech stocks could drive the S&P 500 to a…

Matthew Fox   


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Mobile recharge packs to get more expensive as telcos gear up for another round of tariff hikes: Report

Mobile phone users might have to spend notably more for their recharge packs after the general elec…

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1 min read

Billionaire investor Howard Marks says AI's impact doesn't make it immune to a crash

"Every bubble starts from widespread conviction," Howard Marks told CNBC, saying that its hard to d…

Filip De Mott   


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Stocks are mirroring prior bubbles as the Fed is too 'loosey-goosey' with liquidity, top strategist says

A major stock correction could be on its way as the market looks too similar to prior bubbles, SocG…

Jennifer Sor   


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In cloud, there's AI (which is hot) and everything else (which is not)

The changing dynamics of the cloud industry, with AI Cloud gaining traction and the slowing growth …

Alistair Barr   


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Only 40% of India's IT, Comp Sc, math graduates employable in tech sector says TSSC

India currently faces a shortage of 2.41 million skilled workers in the telecom sector in the 5G er…

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Petrol export by OMCs rose 142% between 2020-21 and 2021-22

The export of petrol by Indian oil marketing companies (OMCs) rose 142% in a year between 2020-21 a…

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1 min read

A top commodity trader is staring down a $577 million loss after discovering metal cargoes it bought were missing nickel, report says

Trafigura has spent two months uncovering a systemic fraud perpetrated against the company, sources…

Phil Rosen   


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Metal tycoon sued over missing $577 million in nickel told cargo inspectors he'd had a heart attack, report says

Prateek Gupta, whose nickel shipments to Trafigura allegedly contained no nickel, is accused of usi…

Ryan Hogg   


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'Don't worry, be happy': 5 reasons why Bank of America just turned even more bullish on the stock market

"I see far more bullish indicators for stocks than I do bearish. And what I think is interesting is…

Matthew Fox   


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What the most powerful people in tech and media are discussing at 'summer camp for billionaires'

Disney's Bob Iger, Warner Bros. Discovery's David Zaslav, Apple's Tim Cook, and OpenAI's Sam Altman…

Dan DeFrancesco