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From coffee to cars: Inside the Tata empire as its chairman steps downN Chandrasekaran will leave Tata Sons as chairman after failing to secure board approval for his reappointment, amid tensions with Tata Tru...
Bank of America to deploy $250 billion for US digital, infrastructure projectsBank of America plans to invest $250 billion in American infrastructure projects. This initiative will support digital and energy infrastru...
ETMarkets Smart Talk | India is ‘pricey’, not expensive: Mark Zuckerberg’s Harvard classmate Vikas Pershad on investingPershad, who has been investing in Indian equities for nearly three decades, believes investors need to look beyond short-term market noise...
ETMarkets Management Talk| North America, AI adoption and recurring revenues to fuel Newgen's next leg of growth: Tarun NandwaniWhat is particularly encouraging is the shift in customer priorities. Enterprises are moving beyond automating individual processes and are...
25-year-old hedge fund manager who lost $35 billion in a month eyes fresh capital after AI stock selloffLeopold Aschenbrenner’s AI-focused hedge fund, Situational Awareness, lost around $35 billion in weeks after leveraged bets on AI stocks tu...
Even receptionists & janitors 'own millions in stock' at this US billionaire’s hedge fundPershing Square Capital Management stands out for its remarkable employee benefits, with Bill Ackman saying that everyone from receptionist...
Europe's hot stock markets catch global investors' eyeEurope's stock market is experiencing a robust rally, attracting significant investor interest. Strong earnings growth and improving econom...
Nifty at 25,100 next? Anand James explains the level bulls must first conquerJames also shares his outlook for Bank Nifty, explains how the closing auction session is changing derivatives trading, and assesses the pr...
$20 billion bet: Where is Warren Buffett's successor spending Berkshire's cash pile after 14 quarters?Berkshire Hathaway became a net buyer of equities for the first time in 14 quarters under new CEO Greg Abel, spending nearly $20 billion on...
Trump administration to invest $3 billion into minerals projects to boost US defense supply chainsThe US government is investing three billion dollars into critical minerals and battery projects. This initiative aims to increase domestic...
Nazara’s new raise; PEs gravitate to startupsHappy Friday! Nazara Technologies will raise funds via a preferential issue. This and more in today’s ETtech Morning Dispatch.
M2P raises Rs 100 crore debt from Alteria to fund AI expansionThe three-year facility — M2P’s second debt raise — will largely finance AI product development and computing capacity, cofounder and chief...
India needs more world-class exhibition infrastructure, say experts on sidelines of Singapore industry forumThe experts, who spoke at the sidelines of an industry event in Singapore, argued that partnerships between Indian companies and internatio...
Citi hires Bank of America's Rohan Sen to lead technology services bankingCiti has hired Rohan Sen from Bank of America to lead technology services coverage. This move strengthens Citi's technology banking ranks a...
Estate planning: Why passing on wealth during your lifetime can be a smarter succession strategyGifting and charity, in cash and kind, during one’s lifetime offers the scope for creating shared experiences of celebration, travel, enter...
How the quick fall from grace of a fund run by 'Nostradamus of AI' triggered a 24-hour race to salvage itLeopold Aschenbrenner's hedge fund incurred significant losses and a forced sale of investments. Billionaire Ken Griffin's Citadel acquired...
Chime to cut 10% of total workforce on AI driven efficienciesFintech firm Chime is reducing its workforce by ten percent. This move aligns with a broader trend of companies using AI for operational ef...
Adani Airports advances in race to buy Italy's Catania airport stake: ReportAdani Airport Holdings has reached the second bidding round for Italy's Catania airport. Ten global operators and investors are competing f...
Ex-OpenAI employee's hedge fund Situational Awareness hit by AI stock rout; seeks fresh fundingSituational Awareness hedge fund is seeking new capital after significant losses. The fund experienced heavy declines as artificial intelli...
Global Market: UBS posts 17% jump in Q2 profit, announces $3 billion share buyback planUBS reported a 17% rise in Q2 net profit to $2.8 billion, beating analyst estimates on strong wealth management and investment banking grow...