Persistent Systems launches Rs 4,265-cr QIP; floor price set at Rs 5,550/sharePersistent Systems has opened a qualified institutional placement to raise up to USD 450 million, or about Rs 4,265 crore. The IT company h...
21 Oct, 2026, 11.01 PM IST
Larry Ellison’s borrowing strategy: why the Oracle (NYSE: ORCL) billionaire is using his shares to fund a media dealLarry Ellison is using Oracle shares as security for loans to help fund a media deal linked to his son, David, instead of selling $7.5 bill...
21 Oct, 2026, 07.00 PM IST
Google Cloud outage in London disrupts UK banking and online services, affecting major institutions-When will it be back up?A Google Cloud outage in London has impacted numerous digital services, including those of banks and public providers. Customers are experi...
20 Oct, 2026, 07.19 PM IST
IPO bound Paras Healthcare raises Rs 652.50 crore from anchor investors as issue set to open on October 21The investors included Abu Dhabi Investment Authority, BlackRock Global Funds, Eastspring Investments, Government Pension Fund Global, Nati...
20 Oct, 2026, 06.17 PM IST
Google Cloud outage hits UK banksA significant Google Cloud outage disrupted online services for several UK banks, notably Lloyds and HSBC, beginning just after 2 a.m. loca...
20 Oct, 2026, 05.14 PM IST
HSBC CEO says alternative routes could make Strait of Hormuz 'redundant' in five yearsHSBC Group CEO Georges Elhedery on Tuesday said the Gulf region would recover from the impact of the Iran war through investments in altern...
20 Oct, 2026, 01.24 PM IST
Sterling hits 17-month high against euroSterling hit a fresh 17-month high against the euro on Monday as street riots in France and elevated energy prices weighed on the single cu...
19 Oct, 2026, 05.31 PM IST
11 years, zero net FII flow: How a $64 billion outflow erased 9 years of equity buyingForeign institutional investors have dramatically pulled back from Indian equities, reversing nearly nine years of consistent investment. A...
19 Oct, 2026, 09.45 AM IST
HSBC deploys over half of $1 billion India startup fund: Top bank officialHSBC has deployed more than half of its $1 billion India startup financing commitment within a year and is open to raising the limit as dem...
17 Oct, 2026, 01.32 PM IST
No meddling as 'middlemen' in forex conversion by banks: New rules forbid conversion of foreign earnings into rupees to detriment of exportersThe Foreign Exchange Dealers' Association of India (FEDAI) has directed banks not to convert foreign currency remittances into rupees witho...
17 Oct, 2026, 12.51 AM IST
Rupee posts best week in seven months, fundamentals key for lasting turnaroundThis week, the Indian rupee saw an impressive 2% increase, attributed to effective policy measures designed to alleviate short-term depreci...
16 Oct, 2026, 04.04 PM IST
China stocks close at one-year low as AI hardware rout deepensThe CSI300 Index closed 1.4% down, hitting its lowest level since August 2025 in late trade, while the Shanghai Composite Index fell 0.9%. ...
14 Oct, 2026, 02.02 PM IST
Indian bonds slip on higher oil, hawkish RBI governor commentsIndian government bonds faced a downturn, attributed to soaring oil prices and statements from the Reserve Bank of India. The yield on the ...
14 Oct, 2026, 11.31 AM IST
Nexedge Capital appoints former Avendus Wealth CEO Apurva Sahijwani as co-founderNexedge Capital has appointed Apurva Sahijwani, previously with Avendus Wealth Management, as co-founder to strengthen its leadership. It a...
14 Oct, 2026, 11.17 AM IST
Global Market: China stocks slip as AI selloff deepens, mixed inflation data weighsChinese stocks edged lower as AI-related shares weakened and mixed inflation data heightened concerns over domestic demand. The CSI300 decl...
14 Oct, 2026, 11.11 AM IST
Tencent sells dollar, dim sum bonds amid AI spending spreeTencent Holdings is selling US dollar and offshore Chinese yuan, or dim sum, bonds in a deal that could raise at least $4.5 billion as the ...
13 Oct, 2026, 08.35 AM IST
Canara HSBC Life Q2 profit rises 5% YoY to Rs 43 croreCanara HSBC Life Insurance Company's September quarter has marked a significant growth, with a 5 percent rise in net profit, totaling Rs 43...
10 Oct, 2026, 01.58 PM IST