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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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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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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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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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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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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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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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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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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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The world's top metals trader is stuck in another nickel-shipment snafu after getting bags of stones from a Dutch warehouse

Earlier, the Wall Street Journal reported that JPMorgan Chase was the owner of bags of stones at th…

Filip De Mott